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Learning Science Education in Augmented Reality
WHAT IS ALIVE AR LEARNING?
Using Augmented Reality in Science Education
Alive AR learning is the platform to teach science
education by using augmented reality. The students
can more engage and more interest in science
education with painting creatures. With visualization
and animation, the students will be more fascinated
to participate the class because they can see alive
creatures (ex. animals, dinosaurs, spaces, etc.)
based on what they filled out the color on the AR
special paper. Teachers can also create their own
curriculum linking to AR based learning.
-Keywords: Augmented reality, science education,
painting, china,
2
VENTURE DESCRIPTION
4
VISUAL LEARNER
Did you know ?
Visual learners remember best what they see—pictures, diagrams, flow charts, time lines, films, and demonstrations.
90 %
of information that comes to the
brain is visual
The brain
processes visual information
60,000 faster than text
of people are visual
learners
5
Visual aids in the classroom
improve learning by
up to 400 percent.
Understanding the Statistics of Visual Learners by KydiamS |
WHAT PEOPLE RETAIN
6
80 %
of what
they SEE
20 %
of what
they
READ
10 %
of what
they
HEAR
Retrieved from:
https://www.wickedwalls.com.au/store/p1228/
Retrieved from: http://althistory.wikia.com/wiki/File:Dinosaurs.gif
Retrieved from: https://www.universetoday.com/34577/inner-and-outer-planets
Retrieved from: https://commons.wikimedia.org/wiki/File:Penicillin.png
http://deeprootsathome.com/kids-bored-entitled
Lack of visualization, Lack of interaction. Lack of basic
skills
TRADITIONAL SCIENCE BOOK
ANIMATION
Research has shown animations to be helpful
in the visualization of dynamic processes, such
as motion and trajectory (Rieber, 1990). In
numerous studies, animations have been
shown to improve student’s understanding of
science concepts when compared to static
images (Sanger, Brecheisen, & Hynek, 2001;
Sanger & Greenbowe, 2000;Yang, Andre, &
Greenbowe, 2003).
Better conceptual
understanding
AUGMENTED REALITY
11
Augmented reality
- Live textual technology:
what the student paint
will transfer to animation
with the color
Target customers
Customer profile
Most of customers who use this platform will be grade 4th to 6th.
“The younger the students are, the more they can engage in the technology”
12
Student side Teacher side
ADVANTAGES OF USING AR
13
MOBILE
Increasing motivation
Increasing creativity / imagination
Learning 3D spatiality
Economical price
+ Environmental learning
Innovative classroom
TECHNOLOGY STRATEGY
OUR PLATFORM
Main Services
SERVICE 1 (Link page)
Teachers can create their own curriculum and link it
to AR creature. They can upload the curriculum to
their market to sell to other customers
.
SERVICE 2 (AR paper &
animation)Students will fill out the color to the
creature they pick, and see the one
they are alive.
SERVICE 3 (Manipulating the screen)
Objects the students made will be presented to
the wall via beam projector. The teacher can
manipulate the screen and use it for class lesson
15
SERVICE 1 (Link page)
16
Octopus
The octopus is a soft-bodied, eight-armed
mollusc of the order Octopoda. Around 300
species are recognised and the order is
grouped within the class Cephalopoda with
squids, cuttlefish and nautiloids.
Scientific name: Octopoda
Lifespan: Enteroctopus dofleini: 3 – 5 years
Phylum: Mollusca
Higher classification: Octopodiformes
Rank: Order
Mass: Enteroctopus dofleini: 33 lbs,
Enteroctopus megalocyathus: 8.8 lb
The teacher links this page to the AR
paper including the objects that student
will paint. Thus, the teacher can
manipulate the science information in
this page.
17
SERVICE 1 (Link page)
Register to server
Website
Request
To register
Download
Company
Teacher
Customize content
When teacher sign up for the platform,
they can curriculum folder. The website
provides that AR papers to download by
each theme. For example, under the water
is talking the ocean creatures. There is
variety of creature’s teacher can download
and features they can select. Customized
content is the core business model.
18
SERVICE 2 (AR paper & animation)
1. Downloading and
printing out AR paper
from the company
website.
2. Students need to
paint the shape.
3. When AR paper is scanned,
the shape will meet the
animation the company
already registered.
19
Mobile Scan Sending to computer Animation presenting
Computer
Phone
Projector
Server
SERVICE 2 (AR paper & animation)
20
SERVICE 3 (Manipulating the screen)
Button
Teacher has special features
added to the curriculum. For
example, if the teacher push the
button, the water will be polluted.
Then, the teacher and students
will discuss how to clean the water.
COMPETITIVE STRATEGY
THE BIGGEST COMPETITOR
22
Quiver is the AR company that has similar idea as our company.
However, there are differences from my idea.
(1) Quiver does not have technology to transfer to beam projector
(2) Quiver used the AR technology as education content and at
the same time, they promoted it as commercial purpose
(3) Quiver does not contain education feature and collaborative
learning with other people
MARKETING PLAN
GLOBAL EDTECH MARKET
Educational hardware and software estimated
to reach $110.9 billion Entire Asia-Pacific region is
projected to represent 54 percent
of the global EdTech market by
2020
$8.15 billion. That’s the amount
global investors staked in EdTech
companies in the first 10 months of
2017.
Educational Technology Market to Grow
14.0%
Annually Through 2022
24
$$ $
WELLESLEY, Mass., Oct. 05, 2017 (GLOBE NEWSWIRE)
TARGET CHINA
The Asian education system is the biggest in the world:
More than 600 million students are enrolled in K-12 schools in Asia
In 2016, global investments in Chinese
EdTech companies rose to
$1.2 billion,
according to Goldman Sachs
25
The Chinese government has
announced that they will invest an
overall
$30 billion
in EdTech by 2020
Total Available Market
(TOM)
Serviceable
Obtainable
Market
(SOM)
Serviceable
Available Market
(SAM)
Public elementary school*
320,100 schools
105,640,000 elementary students
MARKET SIZE _ B2B
Private elementary school**
11,100 schools
12,891,500 elementary students
After school institution
141,100 after school institution
*https://zhidao.baidu.com/question/1238300213765949219?sharesource=weixin&fr=wap_w
eixin
**https://xw.qq.com/edu/20170118036522/EDU2017011803652200
S
W
O
T
STRENGTHS
WEAKNESSE
S
OPPORTUNIT
Y
THREATS
- Dealing partnership with Chinese afterschool program
- Strong networking
- Narrow age focus group
- Teacher’s preparation time
- Expanding to public school
- Commercial purpose
- Intervening Chinese government (e.g., strong regulation)
27
MARKET STRATEGY
BRANDING
1
2
3
Common Core
The content is based on a real standard
Teacher Word of Mouth
Target teacher’s community and
spread the good reputation of the
company product
Conference & Online Marketing
Real science learning
technologyChanging perception of using AR in
science education. It is a formal material to
learn science education.
The company goal is to
overcome AR is not just cool
technology; it actually can help
students’ cognition and
learning.
28
Based on the learning effect of using Alive
AR, paper will be published. Also, Link
page and blog can be connect to SNS.
EXPAND YOUR NETWORKING
MOU WITH CHINESE AFTER
SCHOOL PROGRAM
BUSINESS PARTNER
“China is a big EdTech market”
PARTNERSHIP WITH
AFTERSCHOOL PROGRAM
EASTERN ASIAN COUNTRIES ARE
POTENTIAL CUSTOMERS
29
FINANCIAL MODEL
31
$ 0 $10 $100
Free three sample
AR papers
Free download
application
Basic
$ 10 / theme
One theme contains
ten AR papers
Creating link page and
your own curriculum
Pro
$100 / year
Unlimited download
with any theme
Selling your link page to
other teachers
Ultimate
Get Packaged Get PackagedGet Packaged
Creating link page and
your own curriculum
PRICING PACKAGES
• We assume a strong economy, without major recession.
• We assume, of course, that there are no unforeseen changes in economic policy to make
our Products immediately obsolete.
• We assume 10% increase in sales for the first year and 25% increase yearly.
• 5% increase on operational expenses from second to the fifth year of the financial plan
Sales Forecast
FY 2019 FY 2020 FY 2021
Unit Sales
Theme 10,706 13,918 18,093
Premium 1,077 1,400 1,820
Total Unit Sales 11,783 15,318 19,913
Unit Prices FY 2019 FY 2020 FY 2021
Theme $10.00 $10.00 $10.00
Premium $100.00 $100.00 $100.00
Sales
Theme $107,060 $139,178 $180,931
Premium $107,700 $140,010 $182,013
Total Sales $214,760 $279,188 $362,944
FINANCIAL ASSUMPTIONS
[BACK UP] FINANCIAL ASSUMPTIONS
Sales Forecast
May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Unit Sales
Theme 500 550 605 666 733 806 887 976 1,074 1,181 1,299 1,429
Premium 50 55 61 67 74 81 89 98 108 119 131 144
Total Unit Sales 550 605 666 733 807 887 976 1,074 1,182 1,300 1,430 1,573
Unit Prices May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Theme $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00
Premium $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00
Sales
Theme $5,000 $5,500 $6,050 $6,660 $7,330 $8,060 $8,870 $9,760 $10,740 $11,810 $12,990 $14,290
Premium $5,000 $5,500 $6,100 $6,700 $7,400 $8,100 $8,900 $9,800 $10,800 $11,900 $13,100 $14,400
Personnel Plan
May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
CEO $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500
CTO $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000
Technician $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500
Total People 3 3 3 3 3 3 3 3 3 3 3 3
Total Payroll $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000
Pro Forma Profit and Loss
May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Gross Margin $10,000 $11,000 $12,150 $13,360 $14,730 $16,160 $17,770 $19,560 $21,540 $23,710 $26,090 $28,690
Gross Margin % 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Expenses
Payroll $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000
Marketing $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000
Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Utility bills $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500
Web hosting $100 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Others $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600
Total Operating Expenses $12,200 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100
Profit Before Interest and Taxes ($2,200) ($1,100) $50 $1,260 $2,630 $4,060 $5,670 $7,460 $9,440 $11,610 $13,990 $16,590
EBITDA ($2,200) ($1,100) $50 $1,260 $2,630 $4,060 $5,670 $7,460 $9,440 $11,610 $13,990 $16,590
Interest Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Taxes Incurred ($660) ($330) $15 $378 $789 $1,218 $1,701 $2,238 $2,832 $3,483 $4,197 $4,977
Net Profit ($1,540) ($770) $35 $882 $1,841 $2,842 $3,969 $5,222 $6,608 $8,127 $9,793 $11,613
Net Profit/Sales -15.40% -7.00% 0.29% 6.60% 12.50% 17.59% 22.34% 26.70% 30.68% 34.28% 37.54% 40.48%
PROFIT
- Five elementary schools
- Partnership with afterschool institution
LOSS
- Salary (CEO, CTO, COO)
- IT maintenance fee (Server, host,
domain, etc.)
In sum,
- After 2018 October, the money flow will be
smooth
35
SUMMARY OF FINANCIAL MODEL
EVALUATION PLAN
If you are going to use a passage, you need to be sure there isn't anything embarrassing hidden in the middle
WHAT IS ALIVE AR LEARNING?
37
(3) Complaints/Customers
feedback via website.
(1) A number of download (2) A number of people
who buy the AR paper
OPERATIONAL PLAN / NEXT STEPS
If you are going to use a passage, you need to be sure there isn't anything embarrassing hidden in the middle
MEET OUR CEO
The one who leads this company to be the best
learning has no limitations
JOHNNY CHO BIOGRAPHY
Content Creator
As co-founder of IMAJION, virtual reality solution
company, he made creative virtual reality content.
Through his experience, he know how to create the
content and design the software.
Leadership
Problem Solving
Experience
Passion
Grit
Educator
He is IT teacher at Camden elementary school. Also,
he completed his master degree at graduated school
of education, University of Pennsylvania. He knows
theoretically and practically how to deal with
students
BUSINESS STEPS
Do the steps correctly
0
1
0
2
0
3
10%
29%
31%
30%
First - Looking for financial support (Y combinator,
Verizon)
Second - Making a team with CFO, CTO
Promoting to school, conference and competition
Final - Survey/Interview with school teachers
Modify/add/remove educational features
40
Grade 4th to 6th
Solid Target
Imagination is emphasized to
elementary students
Creativity Education
Chinese afterschool
partnership
Strong Network
IT boom in Asian countries
IT Trendy
Low cost for application
and materials
Reasonable Price
Contents are based on real
teachers and customized own
pages
Reflecting real education
READY TO FLY
Johnny Cho
3737 Chestnut St. Philadelphia, PA, 19104
YOUR SUPPORT CAN MAKE
SECOND STEVEN JOBS

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Learn Science with Augmented Reality - Alive AR Platform

  • 1. Learning Science Education in Augmented Reality
  • 2. WHAT IS ALIVE AR LEARNING? Using Augmented Reality in Science Education Alive AR learning is the platform to teach science education by using augmented reality. The students can more engage and more interest in science education with painting creatures. With visualization and animation, the students will be more fascinated to participate the class because they can see alive creatures (ex. animals, dinosaurs, spaces, etc.) based on what they filled out the color on the AR special paper. Teachers can also create their own curriculum linking to AR based learning. -Keywords: Augmented reality, science education, painting, china, 2
  • 4. 4
  • 5. VISUAL LEARNER Did you know ? Visual learners remember best what they see—pictures, diagrams, flow charts, time lines, films, and demonstrations. 90 % of information that comes to the brain is visual The brain processes visual information 60,000 faster than text of people are visual learners 5 Visual aids in the classroom improve learning by up to 400 percent. Understanding the Statistics of Visual Learners by KydiamS |
  • 6. WHAT PEOPLE RETAIN 6 80 % of what they SEE 20 % of what they READ 10 % of what they HEAR
  • 7. Retrieved from: https://www.wickedwalls.com.au/store/p1228/ Retrieved from: http://althistory.wikia.com/wiki/File:Dinosaurs.gif Retrieved from: https://www.universetoday.com/34577/inner-and-outer-planets Retrieved from: https://commons.wikimedia.org/wiki/File:Penicillin.png
  • 9. Lack of visualization, Lack of interaction. Lack of basic skills TRADITIONAL SCIENCE BOOK
  • 10. ANIMATION Research has shown animations to be helpful in the visualization of dynamic processes, such as motion and trajectory (Rieber, 1990). In numerous studies, animations have been shown to improve student’s understanding of science concepts when compared to static images (Sanger, Brecheisen, & Hynek, 2001; Sanger & Greenbowe, 2000;Yang, Andre, & Greenbowe, 2003). Better conceptual understanding
  • 11. AUGMENTED REALITY 11 Augmented reality - Live textual technology: what the student paint will transfer to animation with the color
  • 12. Target customers Customer profile Most of customers who use this platform will be grade 4th to 6th. “The younger the students are, the more they can engage in the technology” 12
  • 13. Student side Teacher side ADVANTAGES OF USING AR 13 MOBILE Increasing motivation Increasing creativity / imagination Learning 3D spatiality Economical price + Environmental learning Innovative classroom
  • 15. OUR PLATFORM Main Services SERVICE 1 (Link page) Teachers can create their own curriculum and link it to AR creature. They can upload the curriculum to their market to sell to other customers . SERVICE 2 (AR paper & animation)Students will fill out the color to the creature they pick, and see the one they are alive. SERVICE 3 (Manipulating the screen) Objects the students made will be presented to the wall via beam projector. The teacher can manipulate the screen and use it for class lesson 15
  • 16. SERVICE 1 (Link page) 16 Octopus The octopus is a soft-bodied, eight-armed mollusc of the order Octopoda. Around 300 species are recognised and the order is grouped within the class Cephalopoda with squids, cuttlefish and nautiloids. Scientific name: Octopoda Lifespan: Enteroctopus dofleini: 3 – 5 years Phylum: Mollusca Higher classification: Octopodiformes Rank: Order Mass: Enteroctopus dofleini: 33 lbs, Enteroctopus megalocyathus: 8.8 lb The teacher links this page to the AR paper including the objects that student will paint. Thus, the teacher can manipulate the science information in this page.
  • 17. 17 SERVICE 1 (Link page) Register to server Website Request To register Download Company Teacher Customize content When teacher sign up for the platform, they can curriculum folder. The website provides that AR papers to download by each theme. For example, under the water is talking the ocean creatures. There is variety of creature’s teacher can download and features they can select. Customized content is the core business model.
  • 18. 18 SERVICE 2 (AR paper & animation) 1. Downloading and printing out AR paper from the company website. 2. Students need to paint the shape. 3. When AR paper is scanned, the shape will meet the animation the company already registered.
  • 19. 19 Mobile Scan Sending to computer Animation presenting Computer Phone Projector Server SERVICE 2 (AR paper & animation)
  • 20. 20 SERVICE 3 (Manipulating the screen) Button Teacher has special features added to the curriculum. For example, if the teacher push the button, the water will be polluted. Then, the teacher and students will discuss how to clean the water.
  • 22. THE BIGGEST COMPETITOR 22 Quiver is the AR company that has similar idea as our company. However, there are differences from my idea. (1) Quiver does not have technology to transfer to beam projector (2) Quiver used the AR technology as education content and at the same time, they promoted it as commercial purpose (3) Quiver does not contain education feature and collaborative learning with other people
  • 24. GLOBAL EDTECH MARKET Educational hardware and software estimated to reach $110.9 billion Entire Asia-Pacific region is projected to represent 54 percent of the global EdTech market by 2020 $8.15 billion. That’s the amount global investors staked in EdTech companies in the first 10 months of 2017. Educational Technology Market to Grow 14.0% Annually Through 2022 24 $$ $ WELLESLEY, Mass., Oct. 05, 2017 (GLOBE NEWSWIRE)
  • 25. TARGET CHINA The Asian education system is the biggest in the world: More than 600 million students are enrolled in K-12 schools in Asia In 2016, global investments in Chinese EdTech companies rose to $1.2 billion, according to Goldman Sachs 25 The Chinese government has announced that they will invest an overall $30 billion in EdTech by 2020
  • 26. Total Available Market (TOM) Serviceable Obtainable Market (SOM) Serviceable Available Market (SAM) Public elementary school* 320,100 schools 105,640,000 elementary students MARKET SIZE _ B2B Private elementary school** 11,100 schools 12,891,500 elementary students After school institution 141,100 after school institution *https://zhidao.baidu.com/question/1238300213765949219?sharesource=weixin&fr=wap_w eixin **https://xw.qq.com/edu/20170118036522/EDU2017011803652200
  • 27. S W O T STRENGTHS WEAKNESSE S OPPORTUNIT Y THREATS - Dealing partnership with Chinese afterschool program - Strong networking - Narrow age focus group - Teacher’s preparation time - Expanding to public school - Commercial purpose - Intervening Chinese government (e.g., strong regulation) 27 MARKET STRATEGY
  • 28. BRANDING 1 2 3 Common Core The content is based on a real standard Teacher Word of Mouth Target teacher’s community and spread the good reputation of the company product Conference & Online Marketing Real science learning technologyChanging perception of using AR in science education. It is a formal material to learn science education. The company goal is to overcome AR is not just cool technology; it actually can help students’ cognition and learning. 28 Based on the learning effect of using Alive AR, paper will be published. Also, Link page and blog can be connect to SNS.
  • 29. EXPAND YOUR NETWORKING MOU WITH CHINESE AFTER SCHOOL PROGRAM BUSINESS PARTNER “China is a big EdTech market” PARTNERSHIP WITH AFTERSCHOOL PROGRAM EASTERN ASIAN COUNTRIES ARE POTENTIAL CUSTOMERS 29
  • 31. 31 $ 0 $10 $100 Free three sample AR papers Free download application Basic $ 10 / theme One theme contains ten AR papers Creating link page and your own curriculum Pro $100 / year Unlimited download with any theme Selling your link page to other teachers Ultimate Get Packaged Get PackagedGet Packaged Creating link page and your own curriculum PRICING PACKAGES
  • 32. • We assume a strong economy, without major recession. • We assume, of course, that there are no unforeseen changes in economic policy to make our Products immediately obsolete. • We assume 10% increase in sales for the first year and 25% increase yearly. • 5% increase on operational expenses from second to the fifth year of the financial plan Sales Forecast FY 2019 FY 2020 FY 2021 Unit Sales Theme 10,706 13,918 18,093 Premium 1,077 1,400 1,820 Total Unit Sales 11,783 15,318 19,913 Unit Prices FY 2019 FY 2020 FY 2021 Theme $10.00 $10.00 $10.00 Premium $100.00 $100.00 $100.00 Sales Theme $107,060 $139,178 $180,931 Premium $107,700 $140,010 $182,013 Total Sales $214,760 $279,188 $362,944 FINANCIAL ASSUMPTIONS
  • 33. [BACK UP] FINANCIAL ASSUMPTIONS
  • 34. Sales Forecast May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr Unit Sales Theme 500 550 605 666 733 806 887 976 1,074 1,181 1,299 1,429 Premium 50 55 61 67 74 81 89 98 108 119 131 144 Total Unit Sales 550 605 666 733 807 887 976 1,074 1,182 1,300 1,430 1,573 Unit Prices May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr Theme $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 Premium $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 Sales Theme $5,000 $5,500 $6,050 $6,660 $7,330 $8,060 $8,870 $9,760 $10,740 $11,810 $12,990 $14,290 Premium $5,000 $5,500 $6,100 $6,700 $7,400 $8,100 $8,900 $9,800 $10,800 $11,900 $13,100 $14,400 Personnel Plan May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr CEO $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 CTO $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 $2,000 Technician $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 Total People 3 3 3 3 3 3 3 3 3 3 3 3 Total Payroll $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 Pro Forma Profit and Loss May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr Gross Margin $10,000 $11,000 $12,150 $13,360 $14,730 $16,160 $17,770 $19,560 $21,540 $23,710 $26,090 $28,690 Gross Margin % 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Expenses Payroll $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 $6,000 Marketing $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 Depreciation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Utility bills $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 Web hosting $100 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Others $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 $600 Total Operating Expenses $12,200 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100 $12,100 Profit Before Interest and Taxes ($2,200) ($1,100) $50 $1,260 $2,630 $4,060 $5,670 $7,460 $9,440 $11,610 $13,990 $16,590 EBITDA ($2,200) ($1,100) $50 $1,260 $2,630 $4,060 $5,670 $7,460 $9,440 $11,610 $13,990 $16,590 Interest Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Taxes Incurred ($660) ($330) $15 $378 $789 $1,218 $1,701 $2,238 $2,832 $3,483 $4,197 $4,977 Net Profit ($1,540) ($770) $35 $882 $1,841 $2,842 $3,969 $5,222 $6,608 $8,127 $9,793 $11,613 Net Profit/Sales -15.40% -7.00% 0.29% 6.60% 12.50% 17.59% 22.34% 26.70% 30.68% 34.28% 37.54% 40.48%
  • 35. PROFIT - Five elementary schools - Partnership with afterschool institution LOSS - Salary (CEO, CTO, COO) - IT maintenance fee (Server, host, domain, etc.) In sum, - After 2018 October, the money flow will be smooth 35 SUMMARY OF FINANCIAL MODEL
  • 36. EVALUATION PLAN If you are going to use a passage, you need to be sure there isn't anything embarrassing hidden in the middle
  • 37. WHAT IS ALIVE AR LEARNING? 37 (3) Complaints/Customers feedback via website. (1) A number of download (2) A number of people who buy the AR paper
  • 38. OPERATIONAL PLAN / NEXT STEPS If you are going to use a passage, you need to be sure there isn't anything embarrassing hidden in the middle
  • 39. MEET OUR CEO The one who leads this company to be the best learning has no limitations JOHNNY CHO BIOGRAPHY Content Creator As co-founder of IMAJION, virtual reality solution company, he made creative virtual reality content. Through his experience, he know how to create the content and design the software. Leadership Problem Solving Experience Passion Grit Educator He is IT teacher at Camden elementary school. Also, he completed his master degree at graduated school of education, University of Pennsylvania. He knows theoretically and practically how to deal with students
  • 40. BUSINESS STEPS Do the steps correctly 0 1 0 2 0 3 10% 29% 31% 30% First - Looking for financial support (Y combinator, Verizon) Second - Making a team with CFO, CTO Promoting to school, conference and competition Final - Survey/Interview with school teachers Modify/add/remove educational features 40
  • 41. Grade 4th to 6th Solid Target Imagination is emphasized to elementary students Creativity Education Chinese afterschool partnership Strong Network IT boom in Asian countries IT Trendy Low cost for application and materials Reasonable Price Contents are based on real teachers and customized own pages Reflecting real education READY TO FLY
  • 42. Johnny Cho 3737 Chestnut St. Philadelphia, PA, 19104 YOUR SUPPORT CAN MAKE SECOND STEVEN JOBS