Business Idea Introduction:
The platform that provides free video courses for students, while also offering a premium plan who want to connect with the expert teachers.
Codekaplan KPI details
- About 200 users in a free plan
- About $1000 recurring monthly revenue
- About 75% of the web application development is completed
- Tech founder (Shukhrat Fayziev - worked in IT industry for about 4-5 years as a Software QA Automation Engineer)
- Team consists of 1 full stack developer, 1 ux/ui designer, 1 video editor & 2-3 QA testers
Link to the website: www.codekaplan.com
Global market size is $75B in 2023.
The Revenue Model for the platform will be a freemium model where basic services like access to video courses are free, but additional services like direct access to teachers, personalized feedback, and extra resources are available as part of a premium plan.
How much I need and what I use it for
- I need around $200K - $300K.
- I will use this investment for hiring more Engineers to complete the development part of the application.
- And then I will hire 5 - 6 expert teachers for about 6 months to create high quality online video courses to post them for free on my platform and be available to serve the students who enrolled in the premium paid plans.
- For marketing those free courses.
About Founder:
Shukhrat Fayziev
CEO & Founder at Codekaplan – Philadelphia, PA from March 2023 till present.
Former Software QA Automation Engineer at Amplify Education - Brooklyn, New York from September 2022 – March 2023. Amplify is a curriculum and assessment company.
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