Education

Empower Your Career with iForce EdTech

by INFINITI Fund
Created Feb 17, 2023 | Bali, Indonesia
$0 raised of $11,500 goal 0.00%
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We would like to take this opportunity to introduce you to iForce EdTech, a platform dedicated to providing entrepreneurs with the resources they need to succeed. Our mission is to connect entrepreneurs with funding, mentorship, and training, as well as provide a platform for them to showcase their businesses and connect with potential customers.

We are proud to offer a variety of online courses designed to help entrepreneurs develop the skills they need to succeed. Our courses are taught by industry experts and include topics such as lead generation, social media management, CRM management, and data analysis. Each course is designed to be interactive and engaging, providing students with hands-on experience and practical knowledge they can apply to their own businesses.

We believe that iForce EdTech has tremendous potential to disrupt the traditional education market and provide entrepreneurs with access to the resources they need to succeed. We are seeking investment to help us scale our operations, expand our course offerings, and grow our community of entrepreneurs.

We believe that investing in iForce EdTech is a unique opportunity to be part of a fast-growing and impactful company. Our experienced team, coupled with a strong network of industry experts and partners, positions us well for success. We would love the opportunity to discuss our plans and vision with you further.

If you are interested in learning more about iForce EdTech and the investment opportunity, please do not hesitate to contact us. We look forward to hearing from you soon.
To determine the number of students you need to teach to achieve the goal of 5000 members of the iForce community in 2023, you need to calculate the number of students you need to enroll in the courses.

Given the conversion rate of 7% and the average course size of 10 steps, you would need to enroll 143 students per course to have 10 members join the iForce community.

So, if you have 1-2 month courses, and you want to reach 5000 members by the end of 2023, you would need to enroll 143 x 50 = 7150 students in total. This is a rough estimate, and the actual number of students you need to enroll may be different depending on various factors such as course quality, marketing and advertising efforts, competition, etc.

If the conversion rate of students to members is 7% and the average course size is 10 steps, and the length of the courses is 1-2 months, then you would need to teach 7150 students in total. If you invest $10 for marketing for lead generation for each student, the budget for 2023 would be $71,500.

Here's a sample marketing strategy for 2023 that could be distributed month by month:
January:
  • Focus on social media marketing to reach a wider audience and engage with potential students.
  • Utilize influencer marketing by collaborating with popular influencers in the Indonesian market to promote the iForce platform and its courses.
  • Launch a referral program to encourage current students to refer their friends and family to the platform.
  • Hold a webinar for prospective students to learn more about the platform and its courses.
February:
  • Increase the presence on search engines by optimizing the website for search engines and running Google AdWords campaigns.
  • Partner with local universities and schools to offer courses as part of their curriculum.
  • Launch an email marketing campaign targeting the subscribers of the platform to inform them about the latest courses and updates.
  • Attend local events and conferences related to education and technology to network and promote the platform.
March:
  • Offer special promotions and discounts to attract more students to the platform.
  • Utilize video marketing by creating and publishing informative and engaging videos about the platform and its courses on YouTube and other video sharing platforms.
  • Collaborate with local businesses and organizations to offer courses to their employees and members.
  • Host a workshop or training session for students to gain practical experience in their chosen field.
And so on for the remaining months of the year. The focus and approach can be adjusted based on the results and feedback from each month's marketing efforts.

The price of the course would be calculated as follows:
Revenue = Price of course * Conversion rate of students to paying customers
Price of course = Revenue / Conversion rate of students to paying customers
Revenue = 100-150$
Conversion rate of students to paying customers = 10%
Price of course = Revenue / Conversion rate of students to paying customers = 100-150$ / 0.1 = 1000-1500$
Expenses = 35% for instructors + 15% for support team
Price of course = Revenue - (Revenue * Expenses) = 1000-1500$ - (1000-1500$ * 0.35) - (1000-1500$ * 0.15) = 1000-1500$ - 350-525$ - 150-225$ = 500-650$
So, the price of the course would be around 500-650$ after taking into account the expenses for instructors and the support team.

To calculate the cost of the course, we need to consider the following expenses:
  1. Product team cost: 5 team members * $15/hour * 5 hours/day = $375/day
  2. Marketing cost: $25 per client
  3. Instructor reward: 30% of the student's payment
  4. Support service cost: 10% of the course cost
  5. Net profit: 50% of the course cost
Let's assume the course cost is $100.
  1. Instructor reward: $100 * 30% = $30
  2. Support service cost: $100 * 10% = $10
  3. Net profit: $100 * 50% = $50
So the total cost of the course would be $100 + $375 + $25 + $30 + $10 = $540.
First, let's find out the cost of developing and maintaining courses in three months. The product team of 5 people works 60 days per month at a cost of $15 per hour. That means the cost of one team member is $15 * 5 = $75 per day. So the total cost of the product team is $75 * 5 = $375 per day. This means that the cost of developing and maintaining courses for three months is $375 * 60 = $22,500.

Next, let's find out the number of students in three months. We plan to sell 25 courses per month, so in three months, we will have 25 * 3 = 75 students.

Now, let's calculate the cost of the course. The course instructor's reward is 20% of the student's payment, so the instructor's reward is 20% * 100$ = $20. The support service takes 10% of the course cost, so the support service cost is 10% * 100$ = $10. And we pay $25 to attract each customer, so the cost of attracting each customer is $25.

So the total cost of the course is $20 + $10 + $25 + $22,500 / 75 = $303.33.
To stay in profit, the cost of the course should be less than the revenue from the course, i.e., 100$ - $50 (net profit) = $50. This means that the cost of the course should be less than $50.
In this case, the cost of the course can be adjusted by reducing the cost of developing and maintaining courses, increasing the number of students, increasing the price of the course, or finding additional sources of income.

The avatar of a co-founder for the iForce EdTech platform in Indonesia could be a successful entrepreneur or business leader with experience in the education technology industry and a passion for innovation and entrepreneurship. This person would have a strong network of contacts in the industry and a proven track record of success in building and scaling businesses.

They would be highly motivated and able to work effectively in a fast-paced, dynamic environment. They would be comfortable working with a remote team and able to communicate clearly and effectively with a diverse range of stakeholders, including investors, partners, and customers. This person would be driven by a desire to make a positive impact on the education sector in Indonesia and committed to continuously improving the services offered by iForce EdTech.

In order to achieve the objectives of the iForce startup, the following roles are needed:
  1. Business Development Specialist: This role is responsible for attracting new clients and partners, and for building and maintaining relationships with existing clients.
  2. Marketing and Communications Specialist: This role is responsible for promoting iForce and its services, and for creating and executing marketing campaigns to reach potential clients and partners.
  3. Data Analyst: This role is responsible for analyzing data to identify trends and opportunities, and for making data-driven decisions that drive the growth of the business.
  4. Lead Generation Specialist: This role is responsible for identifying and pursuing potential clients, partners, and investors.
  5. Social Media Manager: This role is responsible for managing the iForce social media presence and for creating and executing social media campaigns.
  6. CRM Manager: This role is responsible for managing the customer relationship management (CRM) system, and for ensuring that all client and partner interactions are tracked and analyzed.
  7. Mentors: This role is responsible for providing guidance, advice, and support to entrepreneurs, and for helping them grow their businesses.
  8. Investors: This role is responsible for providing funding and resources to entrepreneurs, and for helping them grow their businesses.
  9. Industry Experts and Influencers: This role is responsible for providing insights and expertise to entrepreneurs, and for promoting iForce and its services.
  10. Event Managers: This role is responsible for organizing and executing events, and for creating and executing programs that support the growth of the iForce community.
Here's a sample plan for an online course to teach Business Development Specialist in Bali:
  1. Course Objectives: Clearly define the objectives of the course, such as providing students with a comprehensive understanding of business development, the skills and knowledge needed to succeed in the role, and the ability to apply these skills in real-world situations.
  2. Target Audience: Determine the target audience for the course, such as aspiring business development specialists, individuals looking to transition into the role, or current business development specialists looking to improve their skills.
  3. Course Outline: Develop a comprehensive course outline that covers key topics such as market research, sales and marketing, negotiations, and project management.
  4. Course Material: Create engaging and informative course material, such as videos, presentations, case studies, and interactive activities, to help students understand the concepts and retain information.
  5. Assessment and Certification: Develop a system for assessing student progress and providing certification upon completion of the course.
  6. Marketing and Promotion: Develop a marketing and promotion plan to reach the target audience, such as advertising on relevant websites, social media platforms, and through email marketing.
  7. Instructor: Hire or partner with a qualified instructor who has experience in business development and a passion for teaching.
  8. Technology: Choose an appropriate learning management system (LMS) and ensure that the course is accessible and user-friendly for students.
  9. Course Launch: Launch the course and continuously monitor and improve it based on student feedback and industry trends.
This plan can be tailored to the specific needs and goals of the iForce startup and its target audience.
Here is a step-by-step plan and tasks to attract Instructors as partners of iForce:
  1. Define the target audience: Determine the specific target audience for the online courses and the skills and knowledge that the instructors need to possess to effectively teach that audience.
  2. Identify potential instructors: Research and compile a list of potential instructors who have the relevant experience, expertise, and credentials to teach the courses.
  3. Reach out to potential instructors: Contact the potential instructors through email, phone, or in-person meetings to introduce iForce and explain the benefits of becoming a partner.
  4. Prepare a partnership proposal: Create a partnership proposal that outlines the terms and benefits of partnering with iForce, including compensation, course content support, and marketing support.
  5. Negotiate the terms: Work with the potential instructors to negotiate the terms of the partnership, including compensation, course content, and marketing support.
  6. Sign the agreement: Once the terms have been agreed upon, sign a formal partnership agreement with each instructor to solidify the partnership.
  7. Provide training and support: Provide the instructors with the necessary training and support to create high-quality online courses, including support with course development, marketing, and technology.
  8. Launch the courses: Launch the courses and promote them through various channels, including iForce's website, social media, and email marketing.
  9. Monitor and evaluate the courses: Regularly monitor and evaluate the courses to ensure that they are meeting the needs of the target audience and making a positive impact.
  10. Continuously improve: Continuously improve the courses and the partnership with the instructors by gathering feedback from students and instructors and incorporating it into future course offerings.

The program for a course on Data Analysis can include the following topics:
  1. Introduction to Data Analysis: Overview of the data analysis process, including data collection, preparation, and manipulation.
  2. Data Cleaning and Preparation: Techniques for cleaning and preparing data, including data types, missing values, and outliers.
  3. Data Visualization: Methods for visualizing data, including graphs, charts, and heat maps.
  4. Descriptive Statistics: Overview of statistical measures, including mean, median, mode, and standard deviation.
  5. Inferential Statistics: Methods for making inferences about a population based on a sample, including hypothesis testing and confidence intervals.
  6. Predictive Analytics: Techniques for using data to make predictions, including regression analysis and decision trees.
  7. Machine Learning: Overview of machine learning algorithms, including supervised and unsupervised learning.
  8. Data Warehousing and Business Intelligence: Overview of data warehousing and business intelligence, including data warehousing architecture, data warehousing design, and business intelligence tools.
  9. Big Data and NoSQL: Overview of big data and NoSQL, including the benefits and limitations of these technologies.
  10. Ethics and Privacy in Data Analysis: Discussion of ethical and privacy issues related to data analysis, including data privacy laws, data protection policies, and data security.
Throughout the course, students will work on hands-on projects and case studies to apply the concepts they learn. The course should also include opportunities for students to engage with industry experts and professionals, as well as a final project or presentation that allows students to demonstrate their skills and knowledge.

The program of course for Lead Generation Specialist
  1. Introduction to Lead Generation:
    • Definition of Lead Generation
    • Importance of Lead Generation for businesses
    • Overview of the Lead Generation process
  2. Understanding Target Audience:
    • Identifying target audience
    • Understanding customer persona
    • Understanding customer pain points
  3. Research and Planning:
    • Competitor analysis
    • Market research
    • Creating a lead generation plan
  4. Developing Lead Generation Strategies:
    • Inbound marketing
    • Outbound marketing
    • Content marketing
    • Social media marketing
    • Email marketing
  5. Lead Generation Tools and Techniques:
    • Overview of lead generation tools
    • Lead magnets
    • Landing pages
    • Forms
    • Call-to-action
    • Lead scoring
  6. Measuring Lead Generation Success:
    • Key metrics for lead generation
    • Analyzing lead generation performance
    • Optimizing lead generation strategies
  7. Case Studies and Best Practices:
    • Real-life examples of successful lead generation
    • Best practices for lead generation
  8. Final Project:
    • Applying learned concepts to a real-life scenario
    • Presenting lead generation plan to the class
    • Receiving feedback and suggestions for improvement.
The program of the course for a Social Media Manager would include the following topics:
  1. Introduction to Social Media Marketing: Overview of social media platforms, their features and how they can be used for marketing.
  2. Social Media Strategy Development: How to develop a social media strategy that aligns with the overall business goals.
  3. Content Creation: Techniques for creating engaging content that resonates with the target audience, including written, visual and video content.
  4. Community Management: Understanding how to interact with followers, respond to comments and handle negative feedback.
  5. Paid Social Media Advertising: How to create and run effective social media advertising campaigns, including targeting, bidding, and budgeting.
  6. Analytics and Reporting: Measuring the success of social media campaigns, including the use of metrics, analytics and reporting tools.
  7. Social Media Trends and Updates: Keeping up-to-date with the latest trends and developments in social media marketing, including new platforms and features.
  8. Case Studies and Real-World Examples: Practical examples and case studies of successful social media campaigns, along with lessons learned.
  9. Hands-on Practice: Opportunities for students to put their newfound knowledge into practice, including working on a real-world social media campaign.
  10. Certification: Upon completion of the course, students will receive a certificate of completion, demonstrating their knowledge and skills in social media marketing.
INFINITI offers a wide range of services and benefits to help businesses grow and succeed. Some of these services and benefits include:
  1. Funding: INFINITI offers funding options for businesses looking to expand and grow, including angel investment and venture capital.
  2. Mentorship: INFINITI provides access to a network of successful entrepreneurs and business leaders who can offer guidance and support to help businesses reach their goals.
  3. Training: INFINITI offers a variety of training programs, workshops, and online courses to help businesses improve their skills and stay ahead of the curve in terms of industry trends and emerging technologies.
  4. Networking: INFINITI provides a platform for businesses to connect with potential investors, customers, and partners, helping them to grow and succeed.
  5. Expertise: INFINITI has a team of industry experts who can provide insights and advice on a wide range of business topics, from marketing and sales to operations and finance.
  6. Technology: INFINITI provides access to cutting-edge technology and tools that can help businesses streamline their operations, increase efficiency, and improve their bottom line.
To calculate the investment needed for the iForce EdTech platform to pay its team members and marketing budget to reach 100 sales of its course, we would need to consider the following factors:
  1. Team member's hourly rate: If the team members are paid $15 per hour, for a total of 3-5 hours of work, the total cost for each team member would be 45-75$.
  2. Number of team members: If there are 5 team members, the total cost for the team would be 225-375$.
  3. Marketing budget: For marketing budget, let's assume a cost of $25 per sale. Therefore, to reach 100 sales, the marketing budget would be 2500$.
So, the total investment needed to pay the team and marketing budget would be 2500$ + 225-375$ = 2725$ - 3075$.
It's important to note that this calculation is based on the assumptions provided and may vary depending on the actual number of hours worked by each team member, the hourly rate, and the marketing budget.
Here is a sample calculation to estimate the budget needed to start iForce Network sales:
Assumptions:
  1. The cost per hour for each team member is $25
  2. Each team member works 3 hours per day
  3. The marketing budget is $5 per lead
  4. The conversion rate from lead to sale is 10%
Calculation:
  1. Team member cost: 5 team members x $25 per hour x 3 hours per day = $375 per day
  2. Total team cost: $375 per day x 30 days = $11,250 per month
  3. Marketing cost: 100 sales target x $5 per lead = $500
  4. Total budget: $11,250 per month + $500 = $11,750 per month
This is a rough estimate of the budget needed to start iForce Network sales. The actual cost may vary based on the specific needs and circumstances of the business.
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