EngTech Mentor

Startup Idea: An online platform that connects AS in engineering technology students with professionals in various engineering fields to provide mentorship, guidance, and insights on different career paths and opportunities available in the industry.

Pain point: People pursuing an AS in engineering technology are unsure about the career paths and potential advancement opportunities in the industry.

Categories
Engineeringstudents Education Mentorship Networking Online Platform
Idea Generated From
Reddit Post: A.S. in engineering technology. How far can it take someone?
Potential Monthly Revenue
$4500

To calculate the monthly revenue for the online platform connecting AS in engineering technology students with professionals in various engineering fields, we need to consider the pricing strategy and the number of users subscribing to the platform.

Business Plan:

  1. Target Audience: AS in engineering technology students looking for mentorship and guidance in various engineering fields.

  2. Value Proposition:

    • Access to experienced professionals in the engineering industry.
    • Insights into different career paths and opportunities.
    • Mentorship and guidance to help students navigate their career choices.

  3. Monetization Strategy:

    • Subscription model for students to access mentorship and guidance services.
    • Fee for professionals to register and provide their expertise on the platform.
    • Optional premium services such as personalized career counseling.

  4. Marketing Strategy:

    • Partnering with engineering schools to promote the platform to students.
    • Social media marketing targeting engineering students.
    • Engaging professionals through industry events and networking.

  5. Platform Features:

    • Profiles for students and professionals.
    • Messaging and scheduling tools for mentorship sessions.
    • Resource library with industry insights and career tips.

  6. Revenue Projections:

    • Subscription fee for students: $20 per month
    • Registration fee for professionals: $50 per month
    • Estimated number of students in the first month: 100
    • Estimated number of professionals in the first month: 50

Revenue Calculation: - Student revenue: 100 students * $20 = $2000 - Professional revenue: 50 professionals * $50 = $2500 - Total Monthly Revenue: $2000 + $2500 = $4500

Estimated MRR: $4500

By providing a platform that connects engineering technology students with industry professionals, we aim to support the next generation of engineers in making informed career decisions and gaining valuable insights into the engineering industry.