Problems
Let's solve them, together.
Problem #1
Centralization & Control
Ownership of Content: Platforms like Udemy retain significant control over the content uploaded by creators, including pricing and distribution.
Censorship & Content Moderation: Centralized control can lead to censorship and overly restrictive content moderation policies, limiting the freedom of creators.
Problem #2
Revenue Sharing & Monetization
High Commission Fees: Platforms often take substantial cuts from creators’ earnings. For instance,
Udemy takes up to 50% of course sales.
Whop takes 30% of all revenue generated on the marketplace.
Coursera takes 25% minimum for university-standard courses (& more from independent creators).
Limited Monetization Options: Beyond course sales, there are limited ways for creators to monetize their content or engage their community.
Global Payment Scrutiny: Most platforms cater to the west where banking and payment processing can be an issue.
Problem #3
User Engagement & Community Building
Limited Community Features: Similar platforms integrate limited community features, and most other platforms lack robust social interaction tools, making it difficult for creators to build and sustain active communities.
Engagement Drop-off: Maintaining student engagement over time can be challenging due to the lack of interactive and community-driven elements. There's hardly any gamification to keep students engaged and motivated. Most platforms offer courses with a one-time use.
Problem #4
Flexibility & Customization
Rigid Course Structures: Platforms often enforce standardized course structures, limiting the ability of creators to customize their content delivery and student interaction.
Lack of Personalization: The one-size-fits-all approach can result in a lack of personalized learning experiences for students. Teachers need to be able to adopt their form of teaching to excel in their craft. Educators require flexibility and customization.
Problem #5
Marketing & Discoverability
Saturated Market: With thousands of courses available, it can be challenging for new and even experienced creators to stand out and attract students.
Limited Marketing Support: Creators are often left to their own devices to market their courses, with minimal support from the platform.
Problem #6
Payment & Transaction Issues
Delayed Payments: Platforms can have long payment cycles, delaying the receipt of earnings for creators & chargebacks.
High Transaction Fees: Traditional payment methods incur significant transaction fees, especially if transacting in exotic currencies that have to be converted to major currencies, reducing overall earnings for creators.
Problem #7
Certification & Credibility
Lack of Accredited Certifications: Certificates from platforms like Udemy and Skool are often not accredited, reducing their value in professional settings.
Verification Issues: Ensuring the credibility and authenticity of course content and certifications can be challenging.
Problem #8
Technology & User Experience
Outdated Technology: Some platforms may struggle with outdated technology stacks, leading to suboptimal user experiences. Most platforms offer lectures without the quizzes, lacking in the importance of testing your students.
Scalability Issues: As the user base grows, maintaining seamless performance and user experience can become challenging. From boring user interfaces to limited intractability.
With student debt and the cost of formal education on the rise, the world is in dire need of accessible, diverse, quality education. These issues collectively hinders any platform's ability to provide a seamless, secure, and engaging learning experience with the additional aspect of collaborating with others sharing the same interests.
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