Education Startup

Pratik Marwah | Co-Founder & COO | iAugmentor

What is Education Startup?

A Career in Education Startup is very interesting. Internet is brimming with pages on How to get into Education Startup, while one should first understand What is a Career in Education Startup. While anyone can have an opinion on what Education Startup entails; only a real professional can really explain it.

With 2 years & 9 months of professional experience, Co-Founder & COO Pratik Marwah understands Education Startup. Here is how Co-Founder & COO Pratik Marwah detailed Education Startup:

A startup or start-up is started by individual founders or entrepreneurs to search for a repeatable and scalable business model. More specifically, a startup is a newly emerged business venture that aims to develop a viable business model to meet a marketplace need or problem. iAugmentor enables experiential learning through a vast array of learning ranging from management simulations, intuitive videos, games, story-telling, music, case studies, role plays etc to create a long lasting impact. Its technology platform accessible through on-the-go on the mobile as well as on the desktop enables a user to improve his/her understanding of various life skills in an interactive manner that is personalized to his needs.

How Co-Founder & COO Pratik Marwah got into Education Startup?

After completing my education from Delhi University, I worked with CoCubes, Monster.com and as well as with various startups and took lot of corporate experience. In 2016, I and my Co-founders started a education startup with the name of iAugmentor.

Co-Founder & COO Pratik Marwah's Talk on Education Startup

The Journey of an Entrepreneur: Prateek Marwa's Path to Success in the Educational Startup Landscape In the bustling realm of entrepreneurial ventures, few stories resonate as powerfully as that of Prateek Marwa, a passionate founder and CEO navigating the trials of the educational startup industry. Prateek's journey from a determined graduate to the head of a flourishing company serves as an inspiring testament to resilience and ambition. In this article, we delve into Prateek's career, exploring the intricacies of the educational startup landscape, the crucial skills and knowledge required, the positives and challenges faced, and a glimpse into a typical day in his life. What Is Educational Startup? An educational startup focuses on innovating and enhancing the learning experience through technology and new methodologies. It aims to tackle the evolving needs of learners and educators alike by offering unique solutions that bridge gaps in traditional education. Founders like Prateek Marwa create platforms that not only provide knowledge but also foster skill development to prepare individuals for the dynamic job market. In this ever-evolving field, adapting to current trends and demands while ensuring quality learning is paramount, and entrepreneurs must navigate a landscape that is both exciting and challenging. Education Industry Prateek emphasizes that a comprehensive understanding of the industry is crucial for anyone considering starting an educational venture. Without a solid grasp of the sector's dynamics and challenges, entrepreneurs may struggle to create viable products or services. For Prateek, his early ventures taught him the importance of industry knowledge, especially when he encountered failures in fields where he lacked expertise. Finance Financial literacy is another critical aspect in the startup realm. Prateek's experiences reveal how essential it is to understand financial management, funding arrangements, and share agreements. Early on, he recognized that without a proper financial strategy, a startup could falter before it had a chance to succeed. Investing time to learn from financial experts has since become a priority for him. Corporate Policies Equally important are the corporate policies and structures within a startup. Prateek stresses the necessity of having sound HR policies and clear codes of conduct to build an organization where employees feel valued and secure. Drawing from his own experiences, he highlights the importance of creating a positive work environment that reflects the values he wishes to uphold as a business leader. Business Books Reading widely, particularly books on business and current affairs, is an invaluable practice recommended by Prateek. He underscores that constant learning fuels personal and professional growth, equipping entrepreneurs with the latest insights and trends necessary to thrive in a competitive landscape. His habit of daily reading reflects his commitment to self-improvement. Technology In today’s digital world, understanding technology is fundamental for any educational startup. Prateek knows that staying abreast of technological advancements allows him to effectively leverage tools that enhance learning experiences. As the founder of an education-oriented enterprise, he invests significant time in learning about pertinent technologies to ensure the company remains innovative and competitive. Skills Reading Skills One of the pivotal skills Prateek highlights is reading. He believes that being an entrepreneur requires an appetite for knowledge that goes beyond formal education. This comprehension is essential for staying informed about market trends, consumer needs, and industry developments. Updating Yourself Continuous self-updating is vital in the entrepreneurial landscape. Prateek stresses the importance of keeping skills current, especially in technology. For him, learning is not a one-time event but a perpetual journey that entrepreneurs must undertake to lead effectively. Networking Skills Networking plays a crucial role in the startup ecosystem. Prateek advocates for building relationships within the industry, attending conferences, and meeting new people. His success is attributed to the connections he has made, which have opened doors to new opportunities and collaborations. Communication Skills Effective communication is key for entrepreneurs to articulate their vision and engage with various stakeholders. Prateek believes that honing communication skills is essential for gaining trust, conveying ideas, and marketing products successfully. A strong personal brand, fostered through social media and public relations, can significantly enhance visibility. Time Management Prateek points out that time management is another vital skill. Balancing numerous responsibilities while ensuring efficiency requires discipline. Entrepreneurs must allocate their time wisely to work on critical tasks, nurture relationships, and lead their teams effectively. Leadership Being a leader is not merely about holding a position; it is about inspiring others. Prateek emphasizes the importance of leading by example and cultivating a motivating environment. Great leaders foster a culture of respect and accountability, ensuring their teams are engaged and aligned with the company’s vision. Negotiation Skills Negotiation is an everyday reality for startup founders. Whether dealing with clients, vendors, or team members, strong negotiation skills help maintain healthy relationships and ensure mutually beneficial agreements. Prateek believes mastering this skill is fundamental to sustaining a successful business. Positives Autonomy The freedom to make decisions and shape the future of the company is one of the greatest positives of running an educational startup. Prateek enjoys the autonomy that comes with entrepreneurship, allowing him to pursue his vision without constraints typically found in corporate environments. Work Life Balance Prateek appreciates the flexibility in setting his own schedule, permitting him to integrate personal and professional commitments. This work-life balance is empowering, as he can tailor his day around his priorities and goals. Continuous Learning Entrepreneurship offers a dynamic learning platform. Prateek notes that each experience, whether a success or failure, teaches invaluable lessons. Continuous personal development is embedded in his entrepreneurial journey and drives ongoing innovation for his company. Monetary Potential While financial success may take time, the potential for significant monetary rewards is a compelling aspect of entrepreneurship. Prateek has witnessed the transformative power of building a successful business, highlighting that early struggles often precede eventual prosperity. Challenges Finding the Right Team One of the most significant challenges in launching a startup is the recruitment of a dedicated and skilled team. Prateek underscores that identifying individuals who share a common vision and possess the relevant expertise can be a daunting endeavor. Keeping it Together Maintaining cohesion within a team is another struggle. Diversified backgrounds and perspectives can sometimes lead to friction, and Prateek acknowledges that creating a unified culture requires effort and intentionality. Funding Securing funding is a critical hurdle that most startups face in their early stages. Prateek recalls his own challenges in attracting investors, emphasizing the importance of presenting a viable product that demonstrates market potential and consumer interest. Self Motivation In the face of various setbacks, self-motivation becomes paramount. Prateek knows that the weight of leadership can be isolating, and continuously finding personal motivation is essential to inspire and lead a team towards the collective goal. A Day Of Educational Startup A typical day for Prateek begins at around 9:30 am as he prepares for a long workday. His mornings are spent catching up on emails and updates from the technology team. As the day progresses, he engages with clients, attends meetings, and strategizes with co-founders about upcoming projects. By the time evening rolls around, Prateek reviews progress with the sales team to set the tone for the week ahead. In conclusion, the journey of an entrepreneur like Prateek Marwa showcases the blend of inspiration, hard work, and resilience necessary to thrive in the educational startup landscape. His experiences underline the importance of continual learning and adaptation in the face of challenges, as well as the rewards that come with building something meaningful. As Prateek aptly says, the desire to succeed often outweighs talent, reminding us all that it is the journey that shapes us, not just the destination.

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How to get into

Education Startup?

If you are want to get into Education Startup, start by investing in a Career Plan.

The 14 hour process, guided by a LifePage Career Advisor, will help you introspect and check whether your interest in Education Startup is merely an infatuation or is it truly something you wish to do for the rest of your life.

Next, your Career Advisor will help you document how you can get into Education Startup, what education and skills you need to succeed in Education Startup, and what positives and challenges you will face in Education Startup.

Finally, you will get a Career Plan stating which Courses, Certifications, Trainings and other Items you need to do in the next 7 years to become world’s best in Education Startup.

LifePage Career Plan

14 hour personalized guidance program

Your LifePage Career Advisor facilitates your guided introspection so that you systematically explore various Career options to arrive at a well thought out Career choice.

Next: your Advisor helps you figure out how you will get into your chosen Career and how will you develop the skills needed for success in your Chosen Career.

LifePage Plan will not stop at saying "to become an Architect study Architecture". It will guide you on which Certifications, Trainings and Other items you need to do along with your Architecture education to become the world's best Architect.

Links for this Talk

Co-Founder & COO Pratik Marwah's LifePage:

[LifePage]
https://www.lifepage.in/page/pratikmarwah

LifePage Career Talk on Education Startup

[Career]
https://www.lifepage.in/careers/education-startup

[Full Talk]
https://lifepage.app.link/20181119-0001

[Trailer]
https://www.youtube.com/watch?v=73XVZasrHwA

(Education Startup, Pratik Marwah, iAugmentor, Co-Founder & COO, Startup, Business, Education, Skill Development, Experiential Learning, Education Sector)

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