That Will Never Work

#40: Can a Product Aimed at Classrooms Turn a Profit?


Listen Later

Education major Erin has developed a fun new STEM product for kids with her Boeing engineer business partner – a quad drone kit for kids to build and fly. She knows the palm-sized toy drone market is a crowded space, which is why her company Finger Flyer differentiates itself as an educational tool. But why is her strategy of marketing direct to school districts suffering from failure to launch? 

In this episode Marc explores what pivots she can make to help the company take flight. Can an education product start up ever become profitable or is a business to consumer strategy just a better bet?

This episode is part of a two-episode special drop to celebrate International Women’s day, featuring two young female entrepreneurs from High Point University, North Carolina. Be sure to check out our previous episode with grad student Ivana Korankyi who's trying to figure out how much cash she really has to drop to bring her revolutionary lab product Flasky to market.

 

Want to be a guest on That Will Never Work

Head to https://marcrandolph.com/guest (https://marcrandolph.com/guest), fill out the form and record the question you’d like Marc’s help with right there on the site. And while you’re there sign up for Marc’s newsletter https://marcrandolph.com/newsletter/

Feeling social? Marc would love to hear from you here:

Twitter: @mbrandolph

Instagram: @ThatWillNeverWork 

LinkedIn: Marcrandolph   

Tiktok: @marc_randolph  



...more
View all episodesView all episodes
Download on the App Store

That Will Never WorkBy Marc Randolph

  • 5
  • 5
  • 5
  • 5
  • 5

5

113 ratings


More shows like That Will Never Work

View all
This Week in Startups by Jason Calacanis

This Week in Startups

1,281 Listeners

The Smart Passive Income Online Business and Blogging Podcast by Pat Flynn

The Smart Passive Income Online Business and Blogging Podcast

3,447 Listeners

The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,056 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,793 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

523 Listeners

The Knowledge Project with Shane Parrish by Shane Parrish

The Knowledge Project with Shane Parrish

2,656 Listeners

Founders by David Senra

Founders

1,941 Listeners

Tom Bilyeu's Impact Theory by Impact Theory

Tom Bilyeu's Impact Theory

4,692 Listeners

Y Combinator Startup Podcast by Y Combinator

Y Combinator Startup Podcast

227 Listeners

Bedros Keuilian Podcast Show by Bedros Keuilian

Bedros Keuilian Podcast Show

2,257 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,373 Listeners

My First Million by Hubspot Media

My First Million

2,624 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

28,585 Listeners

Moonshots with Peter Diamandis by PHD Ventures

Moonshots with Peter Diamandis

502 Listeners

Moneywise by Hampton

Moneywise

644 Listeners