Business Model Of Afterscho Ol

BUSINESS MODEL OF

☺OL

AFTERSCHO

AFTERSCHO☺OL – DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME – World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL

www.afterschoool.tkLET US CHANGE THE WORLD

1

THIS IS FOR WHOM? • If you are an entrepreneur / edupreneur / social entrepreneur / idea champian / activist / writer • You want to do something with our support to be on your own and work for social development • You have a network of those who are seriously interested in social development www.afterschoool.tkLET US CHANGE THE WORLD

2

CONCEPT OF SOCIAL ENTREPRENEURSHIP? • Don’t we need entrepreneurs in education, healthcare, basic amenities, support services, basic ideas for society and social change? • Why should we depend on government for all the essential work everytime? • When entrepreneurship in making cigerettes can be profitable one, why can entrepreneurship in basic human needs and social development be profitable? • Why don’t we train our next generation for social development – when we can train them in all other sectors including making arms? • What is wrong if some person takes up social development in vocation, profession, and mission? www.afterschoool.tkLET US CHANGE THE WORLD

3

GAP IN THE EXISTING SYSTEM…. • Present educational institutions fail to provide what AFTERSCHOOOL visualises • AFTERSCHOOOL is not a competitor to the existing institutions, but a supplement only • AFTERSCHOOOL is a voluntary initiative, which seeks to spread to small cities towns – as the students in these areas have a great potential to become social entrepreneurs

www.afterschoool.tkLET US CHANGE THE WORLD

4

WHY AFTERSCHOOOL ? Who doesn’t want a better world? Who doesn’t want a brighter future? Who is working to bring a better future? Who is bringing best resources for the future generation? • Alternative medium of education / support • Supplementary to traditional colleges / institutions / centres • • • •

www.afterschoool.tkLET US CHANGE THE WORLD

5

CONCEPT OF AFTERSCHOOOL • Free education for all – PGPSE is a free programme online – any person can join any time from any where in the world • Education and skill building is our collective responsibility – not that of government alone • Entrepreneurship, business planning and risk taking has to be promoted not just service mentality

www.afterschoool.tkLET US CHANGE THE WORLD

6

HOW IS IT DIFFERENT FROM MBA? • A person becomes what he dreams, MBAs dream to work for MNCs and companies for salary, but PGPSEs dream to become entrepreneurs, particularly social entrepreneurs. • MBA programme is designed on individualistic work model, but PGPSE is based on collective work and collective spirit

www.afterschoool.tkLET US CHANGE THE WORLD

7

THE OBJECTIVES… • TO PREPARE LEADERS AND SOCIAL ENTREPRENEURS FOR THE FUTURE • TO PROVIDE WORLD CLASS EDUCATION • TO UDERTAKE ACTIVITIES INVOLVING BUSINESS DEVELOPMENT, CONSULTANCY

www.afterschoool.tkLET US CHANGE THE WORLD

8

COURSES OFFERED BY AFTERSCHOOOL • PGPSE – post graduate programme in social entrepreneurship – available after graduation in any stream – or after class 12 along with graduation – in the form of integrated education • A student also studies for following along with PGPSE as per her / his choice : CFA,CS,GMAT,IELTS,IAS • A student may also do parttime job – in our earn while you learn scheme www.afterschoool.tkLET US CHANGE THE WORLD

9

INFRASTRUCTURE REQUIREMENTS • A CLASS ROOM / CONFERENCE WITH SEATING CAPACITY FROM 30 TO 60 PERSONS • STUDENTS WITH LAPTOPS • INTERNET CONNECTIVITITY

www.afterschoool.tkLET US CHANGE THE WORLD

10

FACULTY REQUIRMENTS • GUEST FACULTY IN THE FOLLOWING AREAS : • LAW • ECONOMICS • ACCOUNTANCY • INFORATION TECHNOLOGY • TAXATION www.afterschoool.tkLET US CHANGE THE WORLD

11

WHO CAN BE FACULTY MEMBERS • • • • • •

CHARTERED ACCOUNTANTS COMPANY SECRETARIES ADVOCATES SOFTWARE DEVELOPERS MATHEMATICS EXPERTS MANAGEMENT EXPERTS, PRACTISING EXECUTIVES

www.afterschoool.tkLET US CHANGE THE WORLD

12

REVENUE GENERATION • THE ULTIMATE OBJECTIVE IS SOCIAL DEVELOPMENT • REVENUE GENERATION TO MAKE THE CENTRE ECONOMICALLY VIABLE • REVENUE GENERATION WILL ENABLE AFTERSCHOOOL TO BECOME A VIABLE BUSINESS MODEL AND OTHERS WILL BE ABLE TO MAKE SOCIAL DEVELOPMENT THEIR PROFESSION, VOCATION AND MISSION www.afterschoool.tkLET US CHANGE THE WORLD

13

GOALS OF AFTERSCHOOOL • To spread out education all over the world • To open offices all over the world – to promote innovation, fair practices, sustainable development, appropriate technology, environmental awareness • To enable people to work for basic issues and enable them to start creative ventures and share information, resources and networking across globe • To collect like minded people and enable them to work together www.afterschoool.tkLET US CHANGE THE WORLD

14

CLASS SCHEDULE • DAILY 2 HOURS CLASS WORK • QUIZES, MOCK TESTS AND CDs AS PER PGPSE SCHEDULE • INTERACTION WITH ONE ENTREPRENEUR PER WEEK

www.afterschoool.tkLET US CHANGE THE WORLD

15

EXTRA CURRICULAR ACTIVITIES • Students have to prepare presentations / articles / papers / research reports • Students have to organise social development projects / social development camps / career guidance workshops etc. • Students have to intract with entrepreneurs / social entrepreneurs to take inspiration / guidance www.afterschoool.tkLET US CHANGE THE WORLD

16

PROPOSED VISITS OF STUDENTS • Visits to Gramin Bank (Nobel prize winner and pioneer in microfinance), SEWA, AWAG, JAIPUR RUGGS, etc.

www.afterschoool.tkLET US CHANGE THE WORLD

17

ANNUAL BUDGET The most important role is that of mentor – giving free services, sparing time and arranging resources • Honorarium to faculty members: • (Rs. 1000*300) = 300,000 • Printing, stationary, TA, Camps, magazine printing etc. (Rs. 3 Lakhs) • Publicity : • (Brochure, publicity material, concept marketing, souvenirs, promotion campaigns, etc.) Rs. 3 lakhs • Administration : (one administration staff (one man office) Rs. 5000 * 12 = 60,000) • Rent of the building etc. = Rs. 20000 * 12 = 240000 • Even management – organising some event for social development, awareness and career guidance in partnership with others – Rs 3 lakhs • Miscellaneous expenditure = Rs.5 lakhs

www.afterschoool.tkLET US CHANGE THE WORLD

18

REVENUE STRUCTURE • The total intake 30 in the first year : so fees range of about 40000 to 90000 per annum, with scholarships for needy students) : Rs. 12 lakhs • The activities can be scaled up next year and the number of students will also go up. • We shall be able to invite well known social entrepreneurs as guest speakers to inspire students from 3rd year onwards – and these programmes may reach break even level in 3rd year. www.afterschoool.tkLET US CHANGE THE WORLD

19

SUPPORT RESOUCES • Use public resources like school buildings, college buildings, government buildings for conducing social awareness programmes • Have networking with NGOs, public institutions, educational institutions

www.afterschoool.tkLET US CHANGE THE WORLD

20

COMPARISION OF AFTERSCHOOOL WITH OTHER BUSINESS MODELS • • • • • •

Down to earth grass root model Innovative and new concept Relying on word of mouth publicity Low cost v/s high cost Emphasis on spirituality Self evaluation instead of external examination www.afterschoool.tkLET US CHANGE THE WORLD

21

HOW WILL IT SUCCEED? • Only if it is your dream project… • Only if you believe in bringing best education • Only if you want to play a transformational role in the society • In may not give you money, but will give you the satisfaction • You have to play the role of mentor, facilitator www.afterschoool.tkLET US CHANGE THE WORLD

22

ROLE OF THE MENTORS • Encourage others to start similar centres • Join as a member of board of directors of other centres • Give support to new centres – so that they may reach their break even level • Promote spirituality, organise meditation and satsang camps www.afterschoool.tkLET US CHANGE THE WORLD

23

DRAWBACKS • A new concept – so will take some time for people to accept • No advertisements – we are against paid advertisements – we believe in word of mouth publicity – and our advertisements media are also people – who know us, who are in touch with us and who have trust in us • No pomp and show & management by students– even the websites are managed by students www.afterschoool.tkLET US CHANGE THE WORLD

24