Straight Out Of Byju's Classroom: 10 Things Aspiring Edtech Entrepreneurs Need To Know Before Starting Off To make an edtech startup – It should be education first with technology being used as an enabler

By Sneha Banerjee

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Shutterstock

Are you an entrepreneur aspiring to get into the edtech space? Then you need to read what Byju Raveendran has to say about this sector and entrepreneurship in general. Byju Raveendran is aiming to bring about a revolution in the way Indians learn. This entrepreneur, who started out by conducted tutorial classes, now has 3.5 million students enrolled on his company's learning app.

Talking about his journey, Byju spoke about some core values that he believes has helped him garner the faith of millions of students and helped him create an empire for education.

Here are few thoughts from the interview –

  1. Prepare students to ask questions rather than making them learn how to answer those questions
  2. One person alone believing in a vision isn't enough, it is very important to have an extended team who is aligned and driven by the same mission
  3. To start off, you need a strong idea that addresses a need
  4. It's important to execute things fast; the pace of execution can make or break your business
  5. A dynamic business plan in the beginning will help you not make big mistakes
  6. To make an edtech startup – It should be education first with technology being used as an enabler
  7. Technology can make a big impact across all segments if used appropriately
  8. Teaching is also learning; you teach more, you end up learning more
  9. Satisfaction is when you know that this is one area where you can make a big impact
  10. It's very important to figure out what you like, and once you've figured that out you need to have the guts to pursue it with unbeatable passion

Sneha Banerjee

Entrepreneur Staff

Former Staff, Entrepreneur India

She used to write for Entrepreneur India from Bangalore and other cities in South India. 

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

How Lab-Grown Diamonds are Reshaping Jewellery Market

As sustainability takes the centre stage shaping the luxury market, lab grown diamonds (LGDs) are leading the way and not merely following the latest trends, says Ishendra Agarwal, Founder, Giva

Growth Strategies

GST Rate Cuts To Bolster FMCG Sector; Daily Goods To Get Cheaper

FMCG companies such as Marico, Emami, GCPL, Zydus Wellness, are prioritizing to pass on the GST benefits to consumers at the earliest

Business News

American Eagle Stock Sees a 25% Surge Following Sydney Sweeney's Controversial 'Great Jeans' Ad Campaign

American Eagle saw its stock jump 25% after its earnings call on Wednesday.

Starting a Business

He Built a $100 Million Brand in Menswear — Now He's Taking On Baby Monitors After a Scary Wake-Up Call

Kevin Lavelle of Harbor proves that success in entrepreneurship comes with solving the problems you face yourself.