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Why The Lambda School Model Is A Great Business Plan! | My First Million Podcast

Name: Why The Lambda School Model Is A Great Business Plan! | My First Million Podcast
Uploaded: 2020-07-05T21:32:22.986Z
Duration: 5 min 59 s
Description: The speaker proposes applying the Lambda School income-share-agreement (ISA) model to train executive assistants (EAs) in a three-month remote course, citing 600,000+ U.S. EA jobs paying $50–80k and a hiring catch-22 (employers want experience but no formal degree exists).

From My First Million · Published Jul 5, 2020 · Watch on YouTube

TL;DR

The speaker proposes applying the Lambda School income-share-agreement (ISA) model to train executive assistants (EAs) in a three-month remote course, citing 600,000+ U.S. EA jobs paying $50–80k and a hiring catch-22 (employers want experience but no formal degree exists).

Key insights

EA is one of the most popular jobs in the U.S. (~600,000 positions), pays $50–80k, requires no specialized degree, and has a clear break-in problem: employers demand prior experience.
A three-month training program can teach core EA skills (calendaring, travel booking, note-taking) at a low cost (~$3,000 remote) because it is not rocket science.
The Lambda School model (ISA) reduces learner friction (“free” upfront) and aligns incentives: the school only gets paid when the graduate gets a high-paying job.

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