Abstract:
For this project, I have started a venture ‘My JEE Mentor’ which connects current JEE
aspirants with previous JEE Toppers and help seek Personal Mentorship from them. We charge our customers for our services and pay a share of the revenue to the Mentors. Currently, we are charging our students Rs. 499 per month for our Personal
Mentorship Program. We had launched our first MVP for My JEE Mentor in December. We followed a Freemium Model then and charged the students for our Premium Services. However, the model we were following didn’t turn out to be a success since we weren’t able to generate many Premium Requests even after giving unlimited free virtual money to ourcustomers.
We had devised a new business model and mentorship program structure after this and launched our new MVP in January. We have been generating revenue after this and are providing Mentorship Services to more and more students every day.