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My full assessment

Set up and Planning

  • Created a business plan
  • Performed a competitive analysis
  • Assessed the value of the market
  • Interviewed potential customers
  • Created a prototype
  • Tried to sell to customers
  • Very Confident
  • Confident

Market Research

  • Confident
  • Confident
  • Confident
  • Neutral
  • Not confident

Finances

  • Confident
  • Confident
  • Neutral
  • Confident

Sales

  • Confident
  • Confident
  • Neutral

Operations

  • Confident
  • Confident
  • Confident
  • Very Confident
  • Confident
  • Confident
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[YL]
  Mentor Sacramento » StartupSac

Yifan (Clare) Lu Entrepreneur

Location
Davis, California, United States of America
Venture Industry
Education/Training
Languages spoken
  • Mandarin
  • English
Recent Activity

What I need help with

My background as an entrepreneur

My current challenges

I have been bootstrapping for as long as I can and my business is at the tipping point for scaling up. I need help on: 1) funderaising to get capital to scale up quickly; 2)business development strategy and 3) marketing

Actions I’ve taken so far

I have recruited 100 students and 25 tutors on our platform. We also signed up contracts with a few enrichment companies to partner in recruiting new students.

My future goals

I'd like to get 200 new students this year and next year I'd like to get 300 new students. In the next 5 years, I want to achieve 35,000 students then I'm preparing for an exit.

My motivations to work with a mentor

I want to get advice from experienced mentors who have done this before, and also hopefully can be introduced to the mentor's network as I realize network is so important when starting a business.


About my venture

Boluo School Started 2018

I'm building an online tutoring platform that disrupts the current tutoring market by focusing on long term relationship building and student success beyond academia

Countries of operation: United States of America