Week 0 Masterclass Why Entrepreneurship Part 2
Summary
TLDRIn this inspiring narrative, the speaker shares their journey of turning a passion for music into a successful business. They began by helping friends find students, and through personal interactions, gathered insights to make music classes more affordable. A pivotal moment came when a taxi driver couldn't afford the fees, prompting a shift towards more accessible lessons. Despite skepticism about online learning, the speaker persisted during the pandemic, growing their business into a leading hobby tech company with thousands of students and teachers. Their message: embrace unique ideas and don't let peer pressure deter you.
Takeaways
- đŒ The speaker started a music class business by convincing students to join and renting places for classes.
- đ The speaker used their daily commute to Navi Mumbai to network and gather market feedback by talking to new people on the train.
- đ They noted down potential students' interests and affordability, which helped tailor the music classes to the market's needs.
- đ A conversation with a taxi driver inspired the idea of making music classes affordable for everyone, including those with limited budgets.
- đ The speaker faced a challenge when the COVID-19 pandemic hit, and in-person classes were no longer feasible.
- đ The pandemic became a turning point, leading to the idea of teaching music classes online, which was initially met with skepticism.
- đ Despite the doubts, the speaker pursued the online teaching model, which eventually led to the company's success and expansion.
- đ The company became one of the first in the hobby tech sector to offer online classes, attracting thousands of students worldwide.
- đšâđ« The business now employs over 60 teachers across India, showcasing the power of persistence and innovation.
- đĄ The speaker emphasizes the importance of not succumbing to peer pressure and having the courage to pursue unconventional ideas.
Q & A
What was the initial challenge the speaker faced with their friends' music classes?
-The speaker's friends were having trouble getting students to join their music classes.
How did the speaker initially help their friends to attract students?
-The speaker used their communication skills to convince people to join the classes and rented places around the vicinity to hold the classes.
Why did the speaker travel to Navi Mumbai for biomedical engineering?
-The speaker is a resident of South Bombay and needed to travel to Navi Mumbai for their studies in biomedical engineering.
How did the speaker utilize their train commute to gather information?
-The speaker used their extroverted nature to interact with different people on the train, asking about their interest in learning musical instruments and taking notes on their feedback.
What was the turning point for the speaker in making music classes more accessible?
-The speaker's conversation with a taxi driver who couldn't afford the high cost of music classes led to the realization that learning should be affordable for everyone.
How did the COVID-19 pandemic influence the speaker's approach to teaching music?
-The pandemic forced the speaker to shift to online teaching, which initially was met with skepticism but eventually became a successful model for their hobby tech company.
What was the initial reaction of the speaker's students and teachers to the idea of online classes?
-The initial reaction was negative, with students and teachers making fun of the idea of online hobby classes, considering it impossible and not viable.
How did the speaker's decision to pursue online teaching impact their business?
-The decision to teach online allowed the speaker's business to grow exponentially, reaching thousands of students worldwide and expanding their teacher base to over 60 across India.
What advice does the speaker give to students about pursuing their dreams?
-The speaker advises students to never succumb to peer pressure and to stand their ground when pursuing their dreams, even if others doubt their ideas.
How does the speaker feel about other companies entering the music class market after their success?
-The speaker feels proud that their success has inspired other companies to enter the market, seeing it as a validation of their innovative approach and a sign of their impact on the industry.
Outlines
đ” Entrepreneurship Journey in Music Education
The speaker recounts their initial foray into entrepreneurship by helping friends with a music class. They leveraged their communication skills to attract students and rented places for classes. The speaker's passion for interacting with people led them to engage with commuters during their train rides to Navi Mumbai, where they gathered insights into people's interest in learning music and the affordability of classes. This experience laid the foundation for their entrepreneurial venture in music education.
Mindmap
Keywords
đĄEntrepreneurship
đĄMarket Feedback
đĄAffordability
đĄOnline Learning
đĄPeer Pressure
đĄProblem Solving
đĄPassion
đĄAdversity
đĄInnovation
đĄGrowth
Highlights
Started by renting places and convincing students to join music classes.
Traveled to Navi Mumbai for biomedical engineering studies.
Utilized train rides to engage with new people and gather market feedback.
Realized the need to make music classes affordable for everyone, including a taxi driver who could only afford 1,500 rupees.
Covid-19 pandemic became a catalyst for change, leading to the idea of online classes.
Initially faced skepticism about the feasibility of online hobby classes.
Decided to pursue online teaching despite the naysayers.
Successfully transitioned to an online platform, becoming one of the first hobby tech companies.
Grew to teach thousands of students worldwide with over 60 teachers across India.
Emphasized the importance of not listening to peer pressure and having the courage to pursue unique ideas.
Highlighted the impact of persistence and the mindset of not taking 'no' for an answer.
Mentioned that being the first to do something can lead to others following suit.
Described the feeling of pride in being a pioneer in the field.
Noted that companies like White Hat Jr. have started offering music classes, inspired by the success of the speaker's venture.
Encouraged students to stand their ground and not succumb to peer pressure.
Transcripts
[Music]
I told my friends who are all into you
know music I told them Hey listen I know
the problem yall are facing is you can't
get students I'll be the one because I
can talk very well I'll convince them to
join your class right you just teach so
I went whatever money I earned I started
renting places around the vicinity I
started getting students to join their
classes that's how it all started it
started by just doing that you know I
started getting people started put when
I should I should travel to Navi Mumbai
I don't know how many of you are are in
Bombay I stay in South Bombay so I
should travel all the way to Navi Mumbai
for biomedical engineering and I'm a
very extroverted person so every time
the train I to find a new set of people
right every time in the train there
different people there so I used to make
a note I I have a book in my hand I used
to go randomly and talk to them and say
hey you know what if you want to learn
your favorite instrument what would why
would you not want to learn it what was
the problem how much can you afford for
the class all of this I just kept noting
making points and it was a new set of
people every time it was getting I was
getting feedback in the market I was
trying to understand what was happening
again not knowing this is called
entrepreneurship I was just doing it
because I just enjoyed it it should give
me an adrenaline rush just talking to
new people uh so then when this happened
um there was one point that changed you
know changed the whole spectrum of how I
was thinking things to do now I was
going by taxi one day and back then I
was scaring the keyboard and you know
dropping it to places and stuff uh the
taxi driver turned behind and looked at
the keyboard in my hand and he was like
sir this is really interesting I really
want to play the keyboard so I told cool
he's like how much did it cost I said
2,400 rupees per month his happiness
suddenly became sad and he was like oh I
can't afford that so I asked him okay
how much can you afford he's like I can
afford 1,500 rupees I was like you know
what hobby learning is not something
where only the rich people and people
who can afford can do it but I want
something where everyone even a taxi
driver should be able to afford it that
got me thinking for my next problem I
was wondering how can I make the class
affordable to everybody how can I make
the class which is 2,400 in the market
make it at 1,500 that is the time the
answer came through covid and I know
it's still a good thing but for me in a
way it was a blessing in disguise what
happened was uh after having like three
students and no sorry I had around um
three teachers and then 10 students and
all of them start of stopped coming for
classes then they started being like you
know what hey I can't come join your
class anymore um because Co we have to
stay away from each other and all that
stuff they start making fun of me when I
tell them what if we teach you online it
was it was nonsense to think to think
about uh you know taking classes online
hobby class online was stupid no one
thought it was be possible and they all
made fun and they laughed at me they
like it's never going to happen never
going to happen uh well long story short
because I know you have a lot of
questions uh it happened I I didn't
listen to the 99 people who said it's
not going to happen I went with my gut
and I was like you know what if I have
to make a difference in this world you
do something with the people think it's
not possible but then you do it and
prove them wrong right so I went on I
did it online in doing so we became one
of the first hobby tech companies and
being that being a hobby tech company
we're not only teaching around few 10
students now we have thousands of
students and we're teaching them all
around the world and we have more than
60 plus teachers now all over India and
that was just by not listening to what
people have to say and getting you down
you the number one cause of why people
do not pursue what they want to do is
because they come with a wacky idea
where people be like
P have you ever heard of something like
this and that is when you know that
you're doing the right thing because if
no one's heard of it You' be the first
one to do it and when you do it people
start copying you know it's it's a proud
feeling for me right now but I can
openly tell BYU whad Junior they were
doing something uh they were doing
something in uh uh they were doing
coding right white hat junor but now
after seeing us they're doing music
classes like a unicorn like them is
looking at us now and trying to get into
our market so this is the kind of change
that you can bring by just having the
mindset of not taking no for an answer
or you know not listening to 99 a lot of
times when I like go and talk to
students right because you I'm a student
uh what I tell my friends is never
succumb to peer pressure so the moment
you can not succumb to peer pressure you
can like exhale on the you know
people can come to you and be like hey
you know you have to do this and you can
stand your ground and say no I don't
want to do it that is when you know you
have the qualities of being someone
[Music]
different
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How School Makes Kids Less Intelligent | Eddy Zhong | TEDxYouth@BeaconStreet
IDE USAHA OTOMOTIF YANG SUDAH TERBUKTI MENGUNTUNGKAN DAN TETAP MENJANJIKAN
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