« on: March 17, 2005, 09:07:03 AM »
I'm going to be attending law school in the fall, and I think I've found a way to make a lot of money while doing it. Listen to my idea (in your area it might not be a bad idea either) and see if you see any flaws or weaknesses in my thinking. I've worked it over in my head a few times and I can't see why it couldn't be done with a little bit of effort.
I think I'm going to attempt to undercut Kaplan's prices on the cost of ACT prep classes. I would hold 8-hour workshops on the weekend at local colleges (for a cut of the profits, of course) for 20-25 students. I would charge roughly $100 for the day, which is roughly half of what Kaplan charges.
Here are my credentials:
1. Scored a 33 on ACT.
2. Full scholarship to undergrad and law school.
3. Taught ACT/SAT prep classes in high school.
4. Sylvan SAT Prep Instructor
5. Certified English Teacher with 3 years experience.
At $100 a pop, I could easily make $2000 dollars a day, once I got the thing up and rolling. Even if just five kids showed up, I'd make more than enough to make up for a regular job. And since the crop of new test-takers is constantly changing, my market would never be exhausted.
I would have a program created and business cards printed up- and would ensure that the course was done as professionally as possible.
Is anyone else thinking about attempting this? I really feel Kaplan charges too much and I can do what I do well (teach kids) for a lot less than they do.