After a lot of hard work, the project that I found is inching slowly towards traction, cutting all possible costs, scrambling jobs of all kinds and only maintaining a talent technical person. We are now ranking at 4,198. Soon we will be top 1,000 http://OpenClass.hk a search, review, booking management portal and it follows my original published work of ClassBooking.com framework (click here to see) . ClassBooking.com is a SaaS based platform.
This is way better than other websites that are consumer-friendly, well funded.
Peegaboo.com 8,754 ( a media company that runs online digital and shuts down their magazine empire)
Finddoc.com 9,161 (a well funded startup in HK in finding doctors / booking)
Lovemy3.com 5,807 (a local fashion retail commerce site started by Angel)
Hohojo.com 4,779 ( a fellow Cyberport Incubatee that received HKICT award)
Mybb.com.hk 13,396 ( a baby / parenting digital portal)
Festivalwalk.com.hk 5,320 (a shopping mall in HK)
Harbourcity.com.hk 2,405 (a shopping mall in HK)
Kijiji.com.hk 1,246 (an ebay classified for locals)
#the rankings changed everyday of the week and I keep track of this important KPIs from time to time to understand and communicate to others about the importance of actual utility value of an online product (learning category) !!
Found a tweet from Andre K. Fowlkes: Why not a ‘venture fund’ to support community initiatives? http://t.co/dh4aMVgI — djychun (@djychun)
Isn’t what Philanthropy Capital or Foundations like Gates Foundation does ? setup to provide funding to meaningful ventures with a cause ? This article presents some great notions but yet hasn’t left any pointers to how it can be executed.
I am about to start reviewing more literature and papers relating to professional practice in Archivist, KM practitioners and librarians and assessing the type of ICT and Web 2.0 educational technologies and how these emergent methods (online, mobile, social, pervasive) computing-enabled , whether synchronous or asynchronous in nature can deliver the promise social learning and group learning, collaborative learning outcomes.
And this month just happen to be a new month for our ClassBooking and team as we moved out of nice office at Cyberport and now be closer to our customers having a smartspace office in Central.
And for myself, i will be picking up the case study in BOS to revisit how to complete it and end the chase.
Today was a big day for a couple of reason. I just had a first meeting with HK’s largest telco, celco, ISP and TV franchise (all-in-one) and through a contact I had knew for a while. And it marks the beginning to build traction and content partnership, inching our progress towards 2014 disruptive innovation.
As I also started my B.D work with my China partnership, I start evaluating various opportunities. Canada’s B.C government actually had published a report on the E-Learning opportunity available in PRC China. (see this link http://www.britishcolumbia.ca/Partnerships/Documents/China-E-Learning.pdf) ; this report says Asia Pacific and all I really see is China. There are however some real good source of information for research and business case study.
Sooker.com – a search/directory/e-learning list similar to our CB.
51edu.com – a e-learning portal
StudyEZ.com – a e-learning portal
NewOriental.org (a NYSE:EDU) which has KooLearn.com and XDF.cn with Search course at http://souke.xdf.cn/
The reason why I chose the above title is that while many writers (whether they are scholars, management gurus, journalists and web bloggers) have written much about new disruptive innovations business models. Not many covers the subject in the learning industry; many covers “disruptive technologies” in daily deals, gaming, payments, gadgets and devices.
Applying the theory of disruptive innovation (?????), Clayton Christensen refers often that the incumbent is failing to recognize newer way of creating customers based on nonconsumption often with lower margin, and hence an incumbent will typically focus in segment of the market with higher margin, while a disruptive innovation may start small and move higher up this chain, until the disruptive innovation push the incumbent out of the market (eg. Blockbuster vs Netlfix). I met a celco/telco that was also the company that kick started my career in mobile data and boy do they act like an incumbent in this context.
In the coming weeks, I will have the pleasure to introduce our innovations to another major telco/celco in HK to an ex-colleague who is now the head of product management. I will meet in person (in Shenzhen) the president of a tablet company to discuss about mobile learning cloud; and I will engage with a HK based potential angel investor for a deeper dialog; and I will also have a 15 minute conference with the MD of a Boston -based Disruptive Innovation fund; and I will be meeting again some ex-colleague who is offering major cloud services in China and meeting an advisor for his expert opinion on LBS/daily deals.
Why I choose the word “Crossroads” ?
Simply put, we are at the crossroads, each path that we take will help us move to a new territory ; yet we will still demonstrate how we can disrupt, change the way people consume or work because of our products, and how we can make profit from these activities and finally how we can execute. The Mobile + Learning + Cloud opportunity and market is converging, the interplay opportunity for a disruptive business model like our ClassBooking is “TIMELY” entry to capture the lower end of the business – yet delighting the consumers at large – thereby inducing consumption, activities, traffic and monetization.
At this crossroads, we will pitch our story – passion, insights, research and management capability to Mentors/Advisors, Angel investors (seed round), VCs (early stage,series A), Customers, distribution network, and device manufacturers. Traction, Adoption and Utilization are some of our key metrics.
The game is on. BTW, i recently registered these domain names
This following diagram is originally from page 58 (or 74 in the pdf) of NETP 2010 Education Transformation from US Government. Quite impressive insights for their willingness to embrace CLOUD and MOBILE.
A couple of weeks ago, I received an invitation from the World Entrepreneurship Forum to attend their November forum in Singapore. Apparently, this is an invitation only to invite for think tanks.
More details available from their website
Our ClassBooking is also finding its roots to Malaysia/Indonesia and this timely participation will hopefully bring us to another level.
Our company has recently been awarded with a few industry recognitions in Asia Pacific and as a researcher in Mobile Learning, we also help develop advocacy and public awareness. In a recent interview with the Chairman of HKWTIA – Kenneth Fong, we were able to present our solution to an existing problems in the marketplace and the potential of distribution of Mobile Learning content or objects through an efficient information market exchange.
The article is in CHINESE and can be viewed in the blog created by Kenneth Fong.
Attending this conference is training cum networking event in the Startup and VC community and indeed our business requires the same level of trajectory growth as other equally strong candidates. So, part of the goal for me of course is to WIN the award, the other part of the goal is to GET TRAINED in pitching, negotiating term sheets, turning down offers from the investing – Super Angels, Angels or VCs interested in us.
It’s not unusual for a b-school student or graduate to have read about the various strategy frameworks such as Porter’s Five Forces, Value-Chain analysis, Barney’s Resource-based View, and the Blue Ocean Strategy by Kim & Mauborgne. I am delighted to have the opportunity to have hands on experience and training from the authorised regional center of BOS this coming week. UCSI University of Kuala Lumpur, Malaysia will be hosting a practitioner course and certification workshops and I have been invited to join. On this occasion, my participation as the founder of Art Group Limited at HK Cyberport had also sponsored as part of the training subsidy to send me to this center to be trained and certified. xD: Oct 27-29, 2010. Click this link for details of UCSI. The workshop details for the 1st sessions can be found here.