Gap year fundrasing deck v3 email
-
Upload
dale-stephens -
Category
Documents
-
view
308 -
download
0
Transcript of Gap year fundrasing deck v3 email
Gap Year
In 2012, the average student graduated with in debt
$29,400Default rates for people under 30 with federally sponsored student loan debt in the US is up 30%
2000
2014 53% of recent college graduates are underemployed or unemployed.– Atlantic
Earnings of college grads have declined since 2000
Dale J. Stephens Founder
• 100+ talks in 21 countries • 20,000 unique monthly web visitors • 14,000 newsletter subscribers • 13,700 Facebook fans • 115 print articles in 3 years • Published book, Hacking Your Education • Unschooled from age 12-18
I have become the go-to person to talk to about the future of education.
$8.2 billion is spent on Gap Years globally every year
By making 4-year residential colleges moot, we can capture some of the
$200 billion spent on post-secondary tuition every year
7% of all British students took a Gap Year in 2007
1.2% of US college Freshman took a Gap Year in 2011
Gap Years are a growing trend among ivy league freshman
The Market is Growing
Tertiary-age students are up 53% to over 150 million in a decade
Their postsecondary education attendance rose from 19% in 2000 to 26% in 2007
Web traffic to GapYear.com from the US rose from 1% - 10%American’s taking Gap Year’s with Projects Abroad has quadrupled since 2005
7% of all British students took a Gap Year in 2007
1.2% of US college Freshman took a Gap Year in 2011
Growing trend in Gap Year’s among ivy league freshman -MIT freshman taking Gap Year doubled in the last year -Harvard has seen 33% increase in Gap Year in last decade
Voyage
ProjectInternship
Launch
$15K
Launch
The voyage phase recognizes that the our global world is increasingly interconnected, and this gives students learning new languages and adapting to new environments across cultural boundaries. We believe that international experience is a baseline requirement for a young person today.
During the launch phase, students engage in an immersive learning experience by living together to gain maturity and personal skills through a rite of passage. While immersed, students work through our rigorous curriculum of “millennial skills.”
Voyage
Our CurriculumGap Year involves four phases: launch, voyage, internship, and project.
The internship phase gives students experience working in teams and companies in emerging companies and emerging industries.
Internship
ProjectThe project phase gives students experience persuading others of the value of their ideas and bringing something from idea to execution.
Personal CoachingEach fellow is paired with a coach for weekly 1-1 meetings to set goals for the upcoming week and reflect on progress over since their last meeting. The coach connects the fellow to the resources of Gap Year network.
Fellows have access to the Gap Year mentor network for industry-specific feedback and guidance. A mentor matching party is held in week 3 to facilitate connections between fellows and mentors.
Mentorship Network
Example workshops: !
Building Social Capital Getting Things Done Getting the Opportunity Knowledge Acquisition Mentorship Negotiation Innovation and Entrepreneurship Succeeding on the Job
Hi Dale, I have not reached out to you before now, but I wanted you to know how grateful I am to you and your program. I’m Tim’s mom and I have to tell you that I haven’t heard him be so alive and happy since he started learning leadership skills with the scouts in High School. He loves your program and I can tell that he is just thriving. Words can’t describe the joy we all felt when Tim was accepted to your program. In my wildest dreams I would never have imagined that our college system could destroy an incredibly bright and willing student. I sent Penn State an honors student, Eagle Scout and very excited young man. They sent me back a failure (in their system) and took our $40,000 with nothing but a letter of failure. !Well that’s behind us, but when Tim decided to stop trying to fit in the college system, I told him he had to find something else. He found you and has continued to grow and thrive from the moment he finished your book. !I will be forever grateful to you and hope to meet you someday. If you are ever in NY, please let us know or NJ. I’ll come in and take you to lunch or if you need a place to stay, our door is open. If I can do anything for you and uncollege, please let me know. !Warm regards,
Kathy Watrous
Net Promoter Score:
65
Testimonial from a parent:
Dec Jan Mar Apr MayFeb
$20K
$40K
$60K
$80K
$100K
$120K
$140KRevenue
$428K total
200
150
100
50
Jan Apr Oct Jan Jul
Today Show
Book Release
Applicants
400 Total
Traction for Gap Year
Projects Abroad$30,000
$39,000
$21,400
Volunteer
Dynamy
City Year
Thinking Beyond Borders
Competitors:Our competitors either focus on travel or pre-professional programs for 2-3x the cost of our program. No other Gap Year programs focus on teaching millennial skills or are ready to operate at scale globally.
Gap Year
can be the first viable alternative to college.
Of all global postsecondary enrollments are in the private sector
30%
General Assembly raised
$10 millionto build a global brand of non-accredited learning
DevBootCamp
3 locations in less than 2 years
There has never been a better time to to build a brand in
postsecondary education
Global Opportunity
Teams actively working on franchises in Sao Paulo, Bogota, Capetown, and Stockholm with interest in Toronto, Paris and more. !They are going to start Gap Year with or without us - they have formed companies and are recruiting students. We want to create a global brand with them.
Model: 15% of Gross Sales, 40% of Profit
By 2016 - 5 franchises
$1,649,000 Annual Revenue
San Francisco
Bogota
Sao Paulo Capetown
Stockholm
2017 - 10 franchises
$3,318,000 Annual Revenue
San Francisco
Toronto
Bogota
Sao Paulo
Paris
Capetown
Stockholm
New York City
Tokyo
Melbourne
By 2019 - 80 Franchises
$26,544,000 Annual Revenue (80 franchises)
San Francisco
Toronto
Bogota
Sao Paulo
Paris
Capetown
Stockholm
New York City
Tokyo
Melbourne
We estimate there are 25 cities worldwide that could each support 10 houses, or 600 students per year. At full scale of 250 houses, this will represent $82M in revenue.
Growth Opportunities into other Demographics
Prereq - high school program !Capstone - university program !Sabbatical - 30-50 year old program !Emeritus - retiree program
• Build the best Gap Year program for the 21st Century.
• Demonstrate the only highly scalable Gap Year program.
• Own the idea of Gap Year for the information age. (e.g. DropBox)
Milestones
Ask
$600k
Use of ProceedsFull Staff including: CTO Senior Program Director Internationalization Director Admissions Director Content Marketing Director !Spend $770k - Rev $585
Thank You