Hello students and life-long learners! Suggest a revenue model for a note making app based on Feynman's technique.
Looking for feedback on a new app I am working on.
It is an instant note making app for readers to get the most out of what they read. The note making flow is intended to be less complicated than making a ppt/video and can be done via any smartphone with a camera and is meant for simple stuff (or simplified stuff) that can be communicated with just a snap and 3-minute voice recording. The steps in the flow are based on learning techniques that enhance retention of topics on which notes are created. Also, the user can create notes after reading the topic from any source - printed books, e-books, videos, podcasts etc.
Steps for making a note with the app include,
Step 1. Taking a snap of what is being read (or snap of key points jotted down on paper - this can later be done via in-app jotter replacing pen & paper) and
Step 2. Superimposing with voice of the reader briefly explaining the concept in his own words (in English, in regional language, both)
Research on study techniques and human memory like the learning pyramid and Feynman's technique (see links given in references) say noting down key points as well as explaining to others/oneself in simple words can enhance retention of any topic to 90% (see graph) and without this being done the retention is around 10%. (See graph below)
Step 3. Spaced repetition: After notes are created by a user we push them to spaced repetition loop (automated periodic revisions) to expose the notes up to 8 times in a year (via app or email deep linking) to surpass the forgetting curve. The exposures can be < or > based on user inputs.
Graph: Learning and forgetting curves: https://drive.google.com/open?id=1pap6m6i5E0oSsb7eZh1Mjqw-unOn83fZ
Who the app is not intended for?
The app is not intended for readers with photographic memory. It is intended for the other 99% who reads a lot only to forget after a week/month.
Who is the app intended for?
Prolific readers, students, competitive exam candidates, research scholars who wish to make instant notes on data they collect, teachers who wish to understand how their students are learning at home/share notes with the students, life-long learners etc. Please let me know your opinion-good and bad, and how we can improve. Any feedback will be super helpful at this stage.
Thanks in advance.
Beta access: https://www.producthunt.com/upcoming/edfone