A special niche
Currently valued at US $131 billion, the global private tutoring industry and education market is projected to reach the whopping US $218 billion by 2027. Moreover, the Global Smart Learning market is also expected to grow at a CAGR of 17.5% by 2027. These figures being just a glimpse of the infinite growth potential future holds for the private tutoring industry. While the markets for birthday parties and summer camps are $25 billion and $2 billion, respectively. Skill Samurai offers a unique opportunity to capitalize on all three surging, recession-resistant markets.
Who can become a Skill Samurai franchise? Ideal Skill Samurai franchise will be honest individuals ready to align themself with the goals of the organization. “We teach kids many things, these virtues are at our core. We’re looking for people who can get back up when knocked down, people who can lead by example and inspire our next generation,” says Jeff. As technology is the main product, the franchisee must have a passion for computer science, IT, and other tech concepts and the hunger to evangelize it. As technology keeps getting better, the franchisee must show the willingness to upgrade their knowledge and skills accordingly. They must have proficiency in sales and marketing and an undying desire to make a difference in the lives of children, families, and their community.
Once someone signs up as a Skill Samurai franchise, they receive 80 hours of product training which enables them to get a hang of the technology they will be dealing with. On successful completion of the training, the franchisee receives the esteemed STEM.org certification. Franchisee partners also receive pre-launch support which prepares them for the challenges they might face towards achieving operational excellence. Furthermore, weekly coaching calls with a dedicated team, and Annual Regional conferences help them analyze the shortfalls and build a plan to overcome them. The franchise receives access to their business coach where they will learn best-practices and all the inputs which will help them in avoiding some crucial mistakes.
Game-changing business model
Jeff believes everyone deserves education and have the right to realize their dreams. Having tasted stupendous success, Skill Samurai, wants its franchisees to succeed too. Hence, to enable them, where other franchises offer either a mobile partnership or brick-and-mortar learning centers, Skill Samurai offers both. It allows its franchisees to run their business online, in temporary spaces, or build a brick-and-mortar campus. The company believes in giving its franchises every option, every tool which will propel them towards success. “Our locations can be operated with only 1-3 part-time employees, where other STEM education concepts require approximately 25. We also have a successful, proven model in place to hire university and college computer science students as teachers and coaches in order to ensure quality instruction,” says Jeff. “Also, the typical franchise operates after school, and holidays, it leaves you plenty of time to work ON your business. The way a franchise ought to be!”
A Skill Samurai Franchise Owner Simer shares, “It gave me the flexibility to be my own boss, to spend more time with my family, and still do what I needed to do during the day as the classes were in the evening. If you are looking for something easy flexible and fun, then this is the way to go. You not only do it for yourself; but also do it for the community by preparing kids for the future.”
Envisioning the future
The world today needs skilled professionals with the ability to solve problems and Skill Samurai is on a mission to create a tribe of skilled problem solvers and innovators of tomorrow. After 6 years of its launch and having achieved meaningful success, Skill Samurai is hungry for more. Planning to add 20 more locations this year, it intends to reach out to more people and add peace and certainty into their lives by grooming their kids for the future.
“Our vision is to be the largest provider of supplemental and enrichment education in the world,” says Jeff.