Archive for September, 2009
Learn From Successful Entrepreneurs for Free
Posted on 22. Sep, 2009 by Koichi.
We are so excited to present to you the eduFire Business Channel. It’s kind of like our language section or our test prep section except now we’re finally “getting down to business.” Subjects you’ll find here include marketing, entrepreneurship, business development, management, career development, and more! Better yet, to kick things off we’ve partnered with twenty entrepreneurs (and growing) who will share their stories and strategies of success with you. Don’t miss out on their classes. There are several up in the business listings already and more to come soon. Here is a sampling of some of the classes available right now. [...]
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3 Quick Tips on Becoming a Successful Learner
Posted on 10. Sep, 2009 by Koichi.
I found this image in a great blog post that I was reading, and it really struck a chord. How about you? You certainly aren’t one of the 99%, right?
In all before-and-after success stories, there’s one thing that they didn’t tell you about: perseverance. Every one of these people had to work hard to be successful, and even though they make it look easy, it wasn’t! Nothing is as easy as we want it to be, but in the end, if you try hard and take the leap you will make it. Then you will be the one to make it look simple. Today, let’s look at three things you can do to increase your learning potential and be one of these success stories. [...]
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What is the Future of Teaching?
Posted on 01. Sep, 2009 by jon.
Great article from Josh Catone in Mashable yesterday entitled What is the Future of Teaching? I posted a follow-up in the comments and wanted to share. Here it is. Looking forward to hearing your thoughts in the comments!
Great article Josh. I’ve spent *tons* of time thinking about this over the last decade. Here’s my quick take:
#1 – Online vs traditional learning can be viewed across three vectors: Cost, convenience and quality.
There is little doubt that its cheaper to run classes online (no facilities costs, less personnel required, etc.). There is also little doubt that online classes are more convenient. You can take them from home, office, etc. and likely have a more flexible schedule than traditional classes offer.
However, the big question is around quality. I’d offer (and this is coming from the CEO of a company that specializes in online classes) that on quality alone traditional classes are still better. But what’s interesting is that the gap is narrowing quickly. It’s not at all unrealistic to envision a future in which the online class is significantly more engaging and effective than its offline equivalent. If that happens then guess what? Game over for the traditional class model (after all, why would you choose something that is more costly, less convenient and lower quality?).
#2 – I do disagree with the notion that the price of education is going to zero.
I believe in The Grand Unified Theory of the Economics of Free (I think that’s the right title…it’s a TechDirt post from back in the day) which states while abundant resources will trend towards zero (their marginal cost), the spreading of those very same resources will drive up the prices for scarce resources. In music, a band gives away MP3s (abundant resource) and makes more money from concert tickets. MIT gives away OCW material but more people hear about MIT (especially in developing countries) which leads to more demand for MIT degrees.
The abundant resources (e.g., textbooks, audio/video recordings of lectures, etc.) will tend towards free. That makes total sense. What will not tend towards free will be things like the value of a scarce degree (Ivy League degrees are likely to become valuable not less), a teacher’s time or the attention of the students. To say that education will be free assumes that the marginal costs of those things are zero which is almost certainly not true. Sure you’ll always have people who might volunteer to teach a free class (just like a band might play a benefit concert for free) but that doesn’t mean this will happen at scale anymore than any other industry can expect to draw talented people in if they aren’t being paid.
#3 – Flat out, we need better tools.
And to get better tools we need more innovation and investment. While education is a huge industry ($2 trillion by many estimates) I think it’s safe to say that social gaming has received more investment in recent years despite being a much (much!) smaller industry. The problem is that while it’s easy to look at a social game and figure out how to squeeze out some short-term cash it is much (much!) harder to look at a big industry with huge structural problems and figure out how to improve it. And improving it likely will take a lot of time and patience. It won’t be a “Build one thing in year 0. Have billion dollar company in year 3.” scenario.
But there are a lot of great people trying. Check out places like 2tor, Academic Earth, Cramster, Grockit, Knewton, LiveMocha, PrepMe, School of Everything, Smart.fm, TeachStreet, Tutor.com, Tutorvista and a whole host of others that I’m sure I’m forgetting to see what I’m talking about.
Oh, and of course us. :) (http://www.edufire.com)
