I had the idea that I believed in and took the plunge. I am not afraid of difficulties because they will come in truckloads, and I am conditioned to solve them, says Nahush, co-founder of Classomatrix.
By profession, I am a CA. During my CA days, offline coaching was very common. There were many coaching centers teaching the same subject. I joined one on the basis of my senior’s recommendation. However, I was not too fond of the teaching method of the professor and there was no recourse available. Stumbling upon this, I realized many students might be facing the same problem.
We joined courses without having any prior information about the professor. No analytical data, reviews were available for students to make a better decision. Nobody was doing anything about the gap. So I took the opportunity to build something great and Classo was born.
I wanted to add value to students and professors. Therefore, I came up with a portal where information about professors and various courses could be uploaded. The idea felt so good that I didn’t wait for my CA to complete and started working on it parallelly.
The CA regime was pretty grueling as we had classes from 6 am till 10 am. After 10 I would go to my office and work there for long hours and somewhere around that time I became prone to hard work.
I knew difficulties are going to come, and I have to find a way out. Handling the pressure of exams and running the company was not easy, but I did it. My conviction provided me strength. I can’t forget the thrill of getting that first fail, pitching to the professors, convincing others to trust you, etc. It all comes with the territory.
My parents run a small wealth management firm. They started on their own. After fulfilling their responsibilities, they took the plunge to build their own business. From them, I knew what it takes to be an entrepreneur. They signed me the first cheque to start my company. With my parents’ support and zeal to work, I started my company Classo.
Classo is a marketplace that hosts live and recorded lectures from professors and coaching classes all over India. We charge a small commission fee from professors if we are able to sell the content. Students do not bear any additional cost for using the platform. They have to pay only for the course they join and we also have tons of free lectures.
I believe that students should not be limited to geographical boundaries to learn. We are trying to bring the best professors from all over the country to our platform. So that all students can have access to them at minimum cost. We have seen that most of the professors lack marketing skills and exposure to the students. They are good at teaching but not at marketing.
My vision is to provide good education to students at a low cost. In our country, education is costly. When I was doing my CA, I saw that out of ten chapters in my syllabus, I needed coaching for only three chapters. So, why do I have to pay for the rest seven chapters! Instead of the entire course, we want to sell chapter-wise. The cheapest course available on our site is of Rs 200.
Classo bestows students the freedom to choose their professors and their way of studying. We hold the quality of education and transparency as our core values of the company.
We are the three co-founders, and all of us are CAs. For the operation of the company, we believe in meritocracy and creativity. Since the beginning, we have received a good response from students. We have over 30,000 hits to our website and 500 monthly active users.
I was able to start Classo successfully due to my previous ventures. I started my first company, Wild Instinct Adventure, when I was seventeen.
We hosted camps for kids, adventure treks for adults, and did a lot more things. The start-up failed, but it planted the seeds of entrepreneurship in me. I failed that time due to the lack of insights needed to build a business.
We were required to have some strategies, marketing plans, operational budget, and some prior arrangements. But, I was just seventeen and could not foresee all the aspects needed to run a business. One thing that stayed with me from there was to become successful, you have to try and take the leap of faith. You can fail 99 times, but to be successful, you have to be right only once.
My entrepreneurial exploration did not stop after my first failure. I professionally played badminton. So, I started selling badminton goods and merchandise. I was good at selling and realized this pretty early due to these endeavours. Since I played badminton officially for many years, it generated important values in me. I learned not to give up and fight till the end. It’s a solo performing game. You have to be quick on your feet, and be responsible for your decisions.
Nobody will take charge of you. The same values go with entrepreneurship. You have to fight and grill it out. Nobody is going to do it for you. The best part of entrepreneurship is that you get to know something about everything, and I am learning every day. So never stop learning. Do not be afraid of the future or difficulties. Do what you love.
What an inspiring journey it was! Nahush has provided students a platform to learn from their dearest professors and take courses after knowing everything about the course and professor. Classo is surely adding value to the Indian education system. We hope this article of The Balls Of Steel Show added something gainful to your Dhandho Ni Soch.