revenue model

1. Bridging the gap between college and the workforce

2. Value Proposition AlgoWork
AlgoWork bridges the gap between college and the
workforce by providing students with the opportunity to
connect with mentors in their field of study.
AlgoWork

3. Hypothesis
AlgoWork

4. $
$
AlgoWork
by Gan Khoon Lay from the Noun Project
Mentors Students
Hypothesis AlgoWork

5. What we did this week
AlgoWork

6. Surveys AlgoWork

7. Interviews
$ ?
AlgoWork

9. What we learned
AlgoWork

10. Data From Surveys AlgoWork

11. $
AlgoWork
Icons by Gan Khoon Lay, Eliricon from the Noun Project
Mentors Students
MVP
Helping
Provides Meeting Guide
AlgoWork
Finds

12. Revenue Model- Considerations:
AlgoWork

13. Well
Ocean
Requires lots of marketing
Desert
Requires high cost
Finding a niche
Don’t invest here
Swamp
AlgoWork
frequent
Infrequent
passionmeh
Frequency Passion Matrix

14. How much would student pay? AlgoWork
$10 per
month
$30 per
month
$20-50 per
month
$5-20 per
meeting

15. 0
10
20
30
40
50
60
70
Number of Users willing to pay
1 2 3 4
Pricing
price per user
# of users x price
price with biggest
revenue potential

16. Revenue Model:
AlgoWork

20. One for One
One for One
With every meeting you purchase,
Algowork will give one meeting to
a student from low-income family.

21. Concierge
AlgoWork

22. Started Concierge
Sent Out Email to Students 4 Student sign ups
AlgoWork
Sent Out Survey to Professionals 6 willing to help
1 match

23. The Results AlgoWork

24. Concierge: Next Steps
Prepare a guide for student
and it send out
Ask both students
and mentors for availability
and address
AlgoWork
We have a match! Email
with info when and where
is the meeting
Follow-up survey:
How was your experience?

25. Thank You
AlgoWork

26. Appendix
AlgoWork

27. - Social media platforms
and article sites for ad
space
- The department of
education
- Schools and
universities
- Career counselors
- Businesses
- Eventbrite
- Buying ad space
- Hiring designers and
engineers
- Finding people willing
to mentor
- Companies looking for
young new talent
- Schools wanting to
ensure students get jobs
- Pay engineers
- Hosting space and domain name
- Hire marketing and sales people
- Hire people to connect students with mentors
- Providing guidance
for students before
they graduate
- Provide community
inspiration
- Offer transparent
information
- Article sites, social
media platforms on
web/mobile
- Career counselors
and career events
- Universities and high
schools
- SOM: college students
in Bay Area
- SAM: college students
in California
- TAM: college and high
school students in the
U.S.
- Opportunity to have
hands-on experience
- Tracking students
progress
- Give students the
chance to meet
mentors in their field
- Monthly subscription, tier-based (more $ = more meetings)
- Companies pay us for the connections
- Schools can buy subscriptions for their students

28. - LinkedIn: LI is more about being ready for the professional world, while AlgoWork allows
you to make mistakes, to experiment and learn before moving on the LinkedIn. We would
act as a stepping stone for students to move onto LI.
- Career development: Yes, we would help with resumes like career counselors/
development does already, but we would be finding specific people who are willing to
help students with resumes (mentors for specific jobs to cater resumes to that field)

29. $
AlgoWork
Icons by Gan Khoon Lay, Eliricon from the Noun Project
Mentors Students
Soon: MVP
2.
Finds
5.
Helping
4. Provides Meeting Guide,
time and place of meeting
AlgoWork
1. Signs up on
Landing page
3. Payment

30. $
AlgoWork Mentor Student
6. helps
3. chooses
mentor
2. provide availability
manages
5. meeting guide
1. finds Mentors
Algowork.net
Companies
$
ads
Later
4. payment

31. Eventually

32. Next Steps
AlgoWork

33. Sources