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One Million Cups - The Daily Scholar - 10/10/17

By Clip Syndicate
One Million Cups - The Daily Scholar - 10/10/17

http://eplayer.clipsyndicate.com/view/12513/7124218 Video: One Million Cups - The Daily Scholar - 10/10/17
One Million Cups - The Daily Scholar - 10/10/17
http://chic.clipsyndicate.com/video/playlist/12513/7124218?cpt=8&wpid=2637 Tue, 10 Oct 2017 20:48:06 +0000 One Million Cups - The Daily Scholar - 10/10/17 One Million Cups - The Daily Scholar - 10/10/17 http://chic.clipsyndicate.com/video/playlist/12513/7124218?cpt=8&wpid=2637 KOLR [?] >> kelly: welcome back to "ozarks live!." it's time for our 1 million cups business spotlight of the week. andrew goodall, one of the cofounders of the daily scholar is here with us. how are you? >> guest: i'm doing great. >> kelly: thanks for coming in. we're excited to hear about your business. tell us about the daily scholar. >> guest: so the daily scholar is a software service. and we've created a software for high school students, for university students that helps students build and develop their critical thinking, writing and debate skills. >> kelly: interesting. >> guest: yeah. >> tom: how did this develop? obviously, it's not an overnight sensation kind of thing. >> guest: that's right. so like a lot of starter companies, we had an idea, something that kind of came out of a problem that we've encountered in our own educational experience. a lot of softwares and learning management systems that schools use are clunky. and students hate using them because they use social media outside of the classroom which is fast and intuitive. so inside the classroom, the technology is behind. so we wanted to address a need that students and teachers had expressed in our research and our own experience that they wanted, which was building those specific skills. but something that felt like social media for the classroom, which is what your software does. >> kelly: this company is young. >> guest: we've been working on the product since 2015. but we have been an llc for a little over a year now. and we went through the accelerated program at the efactory this fast year through missouri state. >> tom: explain what that is. >> guest: so the efactory is an extension of missouri state. it's like a business incubator. we were selected, one of four companies, to go through the first accelerator program. and given an investment to help us build our software to become a business instead of just an idea. it culminated into demo day, where we were able to show our product to the community. and from that point on we've been raising funds. >> tom: that has to be a huge step. because people have great ideas and they'll put together gadgets, but they don't know how to put together that step. >> guest: there's a huge difference between building an idea or running a business. >> kelly: is that how you tested it, through the eprogram? >> guest: we had access to different networks that we were able to test our products. we were able to test our software with 500 high school students from different southwest missouri school district. those students used our software for several weeks. we would meet with them. get feedback. say, this needs to change. this is not working. we like this, we don't like this. >> tom: seldom if ever perfect first shot out of the barrel. >> guest: absolutely. >> tom: how did you interact with 1 million cups? >> guest: 1 million cups gave us our first exposure to the springfield community. 18 months ago, we had an opportunity to present to them. we were in the fledgeling stages. it gives us a chance to update here's where we are now. >> kelly: and where are you now? >> right now, we have a full fledged product ready to go and market our product. we've signed an agreement with a data roster automation company that gives us access to 50,000 schools in the country, as well as gives us marketing efforts, so on and so forth. but our product is ready to go and market. we're in fund raising stages as well. >> tom: is the product for the individual or district? >> guest: it's built for classroom use. >> kelly: can you build it for the individual? >> an individual can use our public data site: it's a cloud-based modular software. so springfield can use it for all of their classrooms or all of their classrooms. it's very adaptable. >> tom: and this works nationwide? >> guest: yes, we're going nationwide. >> kelly: where do you see yourself in five years? >> guest: in five years, the plan is to be generating significant revenue. but this is something that, you know, unless the future holds something we are not expecting, the plan is to build the company up and be acquired by a larger company. >> tom: people want more information? >> guest: our website www.dailyscholar.com or e-mail

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