Coach Circle - SWOT

Coach Circle is an online mentoring platform that connects young people with industry professionals to help inspire, educate and motivate them to achieve their full potential through 1-on-1 career coaching via video teleconference.

Individuals from high socio-economic backgrounds are often overrepresented in industries such as politics, finance, business, media, and law. Young people who do not have exposure to the right circles can often find themselves at a disadvantage when applying for jobs in these fields. Many young people are unaware of how well-suited they may be for particular careers simply because they have not had exposure to the industry.

Coach Circle intends to change this by ensuring all young people have access to academic and career mentors.

Coach Circle uses artificial intelligence to match young people to the careers and higher education courses that are right for them. We then connect users with industry professionals who provide 1-on-1 mentorship

Additional Details

  • Currency:INR
  • What is the total investment that you have made?: 500000 to 1000000
  • What is the total investment that you need?: 5000000 to 10000000
  • The Deal:Loan
  • Strengths:Low barriers to domestic and international expansion. Over 25 high-quality mentors already signed up. We conducted a successful pilot scheme in early 2022 where we onboarded several high-quality mentors from blue-chip organizations in finance, law, consulting, and dentistry. We advertised to Delhi university students in student chatrooms and through social media and facilitated several online mentoring sessions via Zoom. We have used insights from this pilot scheme to create our current product.
  • Weaknesses:Sustaining qualified coaches may also be a problem, especially if their proficiency is in a high-demand subject and competition for their services is fierce. There are always two sides to the coin. So, along with positive reviews, there are also negative reviews by many students and parents who are not satisfied with the service according to the fees charged.
Show all
  • Opportunities:Coaching is the second fastest-growing industry worldwide with 94% of millennials saying that they would be willing to invest monthly in self-improvement according to research conducted by PriceWaterhouseCoopers. The global personal development market was valued at $41.81 billion in 2021 and is anticipated to expand at a compound annual growth rate (“CAGR”) of 5.5% from 2022 to 2030.
  • Threats:As the system works online it can increase the chances of threats from hackers and affect the privacy of data. In a competitive market, there is always a threat to sustaining a position.

Rate us and Write a Review

Strengths

Weaknesses

Opportunities

Threats

Your review is recommended to be at least 140 characters long

image

Your message has been submitted successfully.

image