praxis deck -- 2016
Post on 08-Jan-2017
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2
ambitious young people + growing companiescoaching + professional development
Praxis Reinvents the Apprenticeship.
Opportunity
3
The ROI for college is shrinking. People are looking for something different.
Student Debt Outpacing Wage Growth$50,000
$45,000
$40,000
$35,000
$30,000
$25,000
$15,000
$10,000
$5,0001990 1996 2000 2004 2008 2012 2015
$42,342 $43,000
$31,941
$12,110
Enrollment in Non-Traditional Education16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
02012 2013 2014 2015 2016
4,000
3,000
2,000
1,000
0Median Debt Median Wages
Num
ber of MO
OC
Courses
Boo
t C
amp
Gra
duat
es
Bootcamp Graduates Growth of MOOCs
Problem
4
Mitchell Broderick Adam Witty
“I was bored and restless in school - and paying too much. I knew I could do more but didn’t know how to get my foot in the
door and get started.”
“We needed people for one of our toughest sales roles
and it’s not easy to find them through traditional
channels.”
Solution
5
Mitchell Broderick Adam Witty
“Praxis got me in the door at a company I couldn’t have accessed
myself without a degree and a network and experience I didn’t yet have.”
“From the moment Praxis connected me to Mitchell I knew he was a winner.
Praxis put the pieces together in a way no traditional program can.”
Product
6
1 2 3 4 5 6 7 8 9 Final Stage
Bootcamp
Participants undergo robust professional and entrepreneurial training with Praxis Staff.
Placement with business partner
Months:
Personal development projects
Participants work with Praxis advisors to develop PDP‘s in conjunction with professional goals.
$40k/yr minimum
Hired full time
$15/hour
Traction
7
0 156 313 469 625
2016 (Projected)
2015
2014
Applicants & Participants
Participants Applicants
0 9,375 18,750 28,125 37,500 46,875 56,250 65,625 75,000
2016 (Projected)
2015
2014
Reach
Digital Reach (Per Month) In-person Reach
Average Alumni Starting Salary
$50,267
Average Alumni Age
21
# of Praxis Business Partners
320
Customer/Market
8
High School
3.3 million HS graduate each year.
~1% are Praxis worthy (33,000).
Homeschool
More than 340,000 teens are home-schooled. ~10% are Praxis worthy (34,000).
College
14 million college grads are under 27. ~1% are Praxis worthy (140,000).
Opt-Outs
18.9 million 18-24-year-olds do not attend college.~1% are Praxis worthy (189,000).
Sales Cycle (months):
Growth of Market:
Sales Cycle (months):
Growth of Market:
Sales Cycle (months):
Growth of Market:
Sales Cycle (months):
Growth of Market:
Unfair Advantage:
Developed strategic relationships with like FBLA, DECA, 4H, High School Hackathons, and other hubs of high-caliber young people. We’ve established ourselves as the go-to for those better than college.
Unfair Advantage:
Substantive following in the homeschool community across the country and our Teen Entrepreneurship Course extends our sales pipeline into 12-16 year old homeschoolers. The Future of School downloaded 1500+ times.
Unfair Advantage:
Considerably cheaper alternative to graduate school with a higher placement rate.
Unfair Advantage:
Only option for non-coder, non-technical high caliber college opt-outs. While coding bootcamps and programs like MakeSchool attract hackers, non-technicalists are attracted to Praxis.
Example Customer:James Walpole
Example Customer:Diana Zitting
Example Customer:Mitchell Earl
Example Customer:Tamina Zaheri
Declining Steady RapidDeclining Steady Rapid Declining Steady Rapid Declining Steady Rapid
3 6 9 12 3 6 9 12 3 6 9 12 3 6 9 12
Competition
9
Inte
nsiv
eN
on In
tens
ive
Expe
rien
ceEducation
Intensive Non Intensive
Colleges MOOCs
Job Training ProgramsMakeSchool, Bootcamps, etc.
Praxis
Team
10
“I eat, drink, and sleep for one purpose: to help people discover and do what makes them come alive. Nearly everyone wants to be creative, live freely, and do meaningful work. Very few know how. I had to build something that offers more than pep talks and motivational quotes; something that not only inspires, but that empowers people to actually create what they want.”
T.K. Coleman Education Director
“I dropped out of the University of Michigan because I was bored. I taught myself digital marketing and made great money helping companies grow fast. I joined the Praxis team because I knew other young people were wasting time and money in school just like I had, and I’m committed to solving that. I want to help build the education revolution.”
Derek Magill Marketing Director
"I've tried just about every form of education and spent my professional life working with both students and business owners. I couldn't stand to see talented people stuck on the education conveyor belt while opportunities abound. Praxis had to be created."
Isaac MorehouseCEO
"I have an unquenchable desire to build things and to be around builders. I dropped out of an Ivy League school for the opportunity to build Praxis and surround myself with great people. I love the opportunity to help founders grow their companies with young people like myself."
Zak SlaybackBusiness Development
Director
"I joined the program when it launched and fell in love with the experience and the vision. I’m a systems builder. Working closely with our education, marketing, and operations teams has allowed me to develop a complete view of the company. I'm focused on using that knowledge to build Praxis into what it should be."
Cameron SorsbyCOO
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