Matthew Koster has transitioned from being a teacher from 2010 to 2012 to founding an edtech startup in 2013. The document provides advice for others considering moving from being a teacher to becoming a "teacherpreneur" and launching an education technology business. It recommends researching customer needs, building prototypes, and getting customer feedback. It also stresses the importance of writing a detailed business plan that includes financial forecasts, protecting intellectual property, understanding the business model from the bottom up, and launching the business despite inevitable mistakes.

1. From Teacher to ‘Teacherpreneur’
Matthew Koster-Marcon
@matthewkoster

2. My CV
Marketing Agency, MD
Travel / Voluntary work
Teaching - 2010-2012
Various freelancing
EdTech Founder – 2013 to ?

7. What next?

8. International Schools

10. https://www.youtube.com/wat
ch?v=MyDgqY2TonE
https://www.youtube.com/wat
ch?v=MyDgqY2TonE
https://www.youtube.com/wat
ch?v=MyDgqY2TonE

13. EdTech

14. Decide what you want to be
Charity
Not-for-profit
Social Enterprise
For Profit

15. Research, but think deeper

16. • They don’t want your product, they want what
your product does
• Build prototypes… test & learn!
• Get customer input > listen to the good but mainly
the bad!!

17. What’s your exit
strategy?

18. Write a Business Plan

19. Do you need investors?

20. Detailed Financial Forecasts
Include everything
Assume the worst
Explain assumptions
Add 10-20% extra for
contingency costs
5 years

21. Cash Flow
Most start-up businesses fail because of cash flow issues

22. Protect your IP
Being a Social Enterprise wont
stop people stealing your ideas

23. Flip the burgers
Start at the bottom - understand your
business model

24. Mistakes are inevitable
I’ve made a LOT of mistakes
I’d do a lot of things
differently
There’s a lot I wished I knew

26. “Just Do It!”