www.Xplorify.net - online educational platform : business plan

Abstract

"Consumers throughout the globe are now seeking learning options that meet with their busy schedules and varying demands. Gone are the days when classroom environments were the primary places of learning. But while the classroom remains relevant, a new paradigm has emerged that sees consumers demanding solutions that mirror their needs and allow them to remain competitive from a professional and academic perspective. Universities, colleges and corporations are all beginning to realize that in order to continue to be relevant they must adjust their models accordingly. By the same token, corporations throughout the world are also looking for cost effective ways to train and equip their staffs and this has led them to also begin to leverage the power of the Internet. From soft skills training to continuing education, leading entities throughout the globe are now embracing the convenience and effectiveness of the Internet and the positive impact it can have on their brand. Even though e-learning industry is highly competitive on global level, the industry also has a high growth rate and it is expected to grow even in 2020s and 2030s, which allows many competitors to coexist. Additionally, not all markets are equally served. For example, Austria and generally German speaking countries, are not represented as much as the US market. Also most of the competitors focus on teaching technical skills, K12 or academia. However, vocational training still remains unavailable in form of online education. The author of this paper and his partner address this problem. They started designing an online educational platform (Xplorify.net) that provides affordable online and offline held courses by leading experts from fields like business, finance, leadership, personal development and other soft skills, to both businesses and consumers. Xplorify.net uses engaging cutting-edge technologies as an enabler to transform the education of soft skills, vocational training, continuing education and corporate training. It does that by combining approaches like scenario simulations, "Gamification", interactive whiteboards, video-based lessons, real-time video conferencing and collaborative/social learning, in combination with real-time workshops and seminars. This paper is designed as a Business Plan for Xplorify.net for which the author and his partner are looking for investors, that share their vision, to invest EUR 100 000 for growing the platform, which will more than triple their investment after 5 years."