Business Plan: Difference between revisions

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- Why World University and School and WUaS’s team?
 
World University and School’s team’s international focus makes possible WUaS’s plan to offer accredited, Creative Commons’ licensed, free, MIT OCW-centric, online, university degrees in many languages and countries: bachelor, Ph.D., law, and M.D., as well as I.B. high school diplomas. WUaS’s team international focus also facilitates open wiki-schools, for people-to-people teaching in all 7,105+ languages and 204+ countries.
 
 
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- Why should we believe WUaS? (i.e. what is your track record)
 
World University and School incorporated in 2010 as an educational organization in California, and received federal, 501 (c) (3) tax exempt status in 2011, and has approximately 580 wiki, subject pages. Accreditation, first in California and with BPPE and WASC senior is a three stage process, where WUaS must graduate its first undergraduate class before receiving full accreditation in 2018. WUaS has a long track record of institutionalizing as an online, startup, MIT OCW-centric university and long term goals and plans.
 
- Why WUaS?
 
- Why WUaS?
WUaS will benefit a lot of people with free, MIT OCW-centric university degrees, as well as with schools in all languages. Since these schools, universities and degrees are Creative Commons’ licensed, they will be free, furthering, particularly benefitting the poor as they get mobile computers. WUaS also has a specific educational focus to provide free, online education in the developing world.
 
WUaS will benefit a lot of people with free, MIT OCW-centric university degrees, as well as with schools in all languages. Since these schools, universities and degrees are Creative Commons’ licensed, they will be free, furthering, particularly benefitting the poor as they get mobile computers. WUaS also has a specific educational focus to provide free, online education in the developing world.
 
- How and why WUaS will run its business: from infrastructure, to customer relationship, to maintenance.
 
- How and why WUaS will run its business: from infrastructure, to customer relationship, to maintenance.
WUaS develops wiki pages are the platform, and WUaS will move to the new Wikidata repository (being written for Wikipedia’s 285 languages). WUaS aggregates great universities’ OpenCourseWare, such as MIT OCW and Yale OYC, and eventually in all languages and countries. WUaS plans to accredit on these Creative Commons’ licensed resources, in all 200+ countries.
 
WUaS develops wiki pages are the platform, and WUaS will move to the new Wikidata repository (being written for Wikipedia’s 285 languages). WUaS aggregates great universities’ OpenCourseWare, such as MIT OCW and Yale OYC, and eventually in all languages and countries. WUaS plans to accredit on these Creative Commons’ licensed resources, in all 200+ countries.
WUaS information technology department will do I.T. maintenance and handle related Wiki and I.T. developments, planned for all languages.
 
WUaS information technology department will do I.T. maintenance and handle related Wiki and I.T. developments, planned for all languages.
As a startup, online university, WUaS’s graduate student instructor’s will be one way WUaS develops relationships with customers, that is students. WUaS is also planning to hire technical support people, perhaps with office hours in a Google + Hangout.
 
As a startup, online university, WUaS’s graduate student instructor’s will be one way WUaS develops relationships with customers, that is students. WUaS is also planning to hire technical support people, perhaps with office hours in a Google + Hangout.
WUaS uses monthly business meeting process in the manner of Quakers as its locus of decision-making, and will thus inform how WUaS runs its business.
 
WUaS uses monthly business meeting process in the manner of Quakers as its locus of decision-making, and will thus inform how WUaS runs its business.
 
- Financial analysis, from how much money you think you will make and how, to how much you will need to finance the business and whether you are looking to raise funds
 
- Financial analysis, from how much money you think you will make and how, to how much you will need to finance the business and whether you are looking to raise funds
WUaS seeks to build a $20-$50 million dollar endowment as a 5 year target. Within 5 years, WUaS plans to acquire the endowment base necessary to sustain this business with 100,000 students and 2,000 instructors. ... $20-$50 mn ($1mn-$5mn revenue).
 
WUaS seeks to build a $20-$50 million dollar endowment as a 5 year target. Within 5 years, WUaS plans to acquire the endowment base necessary to sustain this business with 100,000 students and 2,000 instructors. ... $20-$50 mn ($1mn-$5mn revenue).
WUaS plans to raise funds from governments, universities, philanthropic foundations as well as individuals.
 
WUaS plans to raise funds from governments, universities, philanthropic foundations as well as individuals.
 
WUaS is also planning an online bookstore / computer store and in all languages and countries, for textbooks, intellectual resources, musical instruments for students at WUaS, with a plan to charge 2% less than the competition in various countries (probably on the order fulfillment side).
 
WUaS also is planning on-the-ground bookstores at some point in the future, perhaps near Apple Computer stores in cosmopolitan cities of learning around the globe.
 
 
- Market analysis looking at how big your market is and who your customers are.
 
Markets are numbers of people willing to spend the hours studying at MIT OCW-centric WUaS for free degrees.
 
WUaS’s market includes all countries.
 
Since WUaS is free, Creative Commons’ licensed and accrediting, our current competition / peers include the free edX, Coursera and Udacity. But WUaS plans to become a Tier 1, online university, the MIT / Harvard of the internet, and remain Creative Commons’ licensed.
 
 
- How many people will WUaS hire, when do we need them, how many thousands of hours of instructors' time?
 
WUaS may eventually hire 100s of thousands of people. WUaS would benefit greatly with 20 interns this autumn 2013. In the autumn of 2014, and depending on the number of matriculated, undergraduate students, planning to take 32 MIT OCW-centric courses for an undergraduate degree, - ideally 2000 1st year students, WUaS would like to hire graduate students for 30 different undergraduate classes, each class having a maximum of 15 students per section.
 
 
- Implementation roadmap: how are you planning to grow in the future and the financial forecasts.
 
Core US pilot program Year 1 developed concurrently with a number of country -specific programs and focused on 30 initial MIT OCW Audio - Video courses - http://ocw.mit.edu/courses/audio-video-courses/ - introductory courses, in Google + group video Hangouts - https://plus.google.com/hangouts .
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-  Risk analysis to demonstrate you have considered risks and that you are prepared to tackle eventual challenges that may arise.
 
Market risk: Insufficient number of students - MODERATE
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WUaS Business Plan Sections
 
1. EXECUTIVE SUMMARY
 
World University and School’s team’s international focus makes possible WUaS’s plan to offer accredited, Creative Commons’ licensed, free, MIT OCW-centric, online, university degrees in many languages and countries: bachelor, Ph.D., law, and M.D., as well as I.B. high school diplomas. WUaS’s team international focus also facilitates open wiki-schools, for people-to-people teaching in all 7,105+ languages and 204+ countries.
 
WUaS seeks to build a $20-$50 million dollar endowment as a 5 year target. Within 5 years, WUaS plans to acquire the endowment base necessary to sustain this business with 100,000 students and 2,000 instructors. ... $20-$50 mn ($1mn-$5mn revenue).
 
WUaS is also planning an online bookstore / computer store and in all languages and countries, for textbooks, intellectual resources, musical instruments for students at WUaS, with a plan to charge 2% less than the competition in various countries (probably on the order fulfillment side).
 
 
2. THE TEAM
 
World University and School's General Board of Clerks / Directors / Trustees
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World University & School's Clerk / Founder / Facilitator / President
Scott MacLeod (USA, English, German); Scott MacLeod's M.A., D.R.
http://scottmacleod.com
 
 
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Fundraising: http://worlduniversity.wikia.com/wiki/Fundraising
 
 
 
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===Free Degrees / Credit===
 
MIT OCW Audio Video Courses:
http://ocw.mit.edu/courses/audio-video-courses/
 
Admissions at World University and School: http://worlduniversity.wikia.com/wiki/Admissions_at_World_University_and_School
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WUaS International Baccalaureate Diploma and Programme: http://worlduniversity.wikia.com/wiki/WUaS_International_Baccalaureate_Diploma_and_Programme
</br>
(probablybeginning inwith United Nations' languages only - Arabic, Chinese (Mandarin), English, French, Russian, Spanish)
 
 
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Travel to this virtual island to learn building:
 
 
===Item Number===
 
Global ID and Multiple IDs - see https://www.mediawiki.org/wiki/Requests_for_comment/New_sites_system
 
Bar code
 
 
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http://worlduniversity.wikia.com/wiki/WUaS_Universal_Translator
 
Google Translate language:
 
Sugar Labs: Translation System language:
 
Region:
 
 
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All content on this site is freely available under a Creative Commons Attribution-ShareAlike 3.0 license - http://creativecommons.org/licenses/by-nc-sa/3.0/us/ .
 
The World University and School program is not endorsed by MIT or MIT OpenCourseWare.
 
 
 
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