Monday Mind Business Model

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by Amber Tinkler1 view·Updated Feb 7, 2024
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  1. Hi, My name is Emma Tinkler, and I have prepared this business model for Monday mines
  2. to see whether it would be financially profitable
  3. to incorporate teacher training in their packages.
  4. Sure
  5. option.
  6. So the value proposition and customer segmentation.
  7. So
  8. Monday Minds proposes to incorporate online yoga teaching
  9. and looks to engage prospective yoga teachers, college students
  10. and yoga teachers looking to upskill. To this particular course,
  11. this teacher training course is a full, online, fully online course.
  12. The standard cost
  13. of zoom. The Web Web browser costs insurance.
  14. The annual yoga teaching membership domain hosting name
  15. is already incurred by Monday minds
  16. and for the offers, they already provide
  17. the additional cost of $20 per month or $240 per year
  18. for the yoga teaching training school fees with IY
  19. A increases their expense to 6750 per month,
  20. or to $810 per year.
  21. The revenue that they're expecting
  22. for six students
  23. this year will increase by
  24. 9 $5970.07 times a year,
  25. resulting
  26. in a $41,790 increase in their revenue annually.
  27. The break even point for this course was 1.5 customers,
  28. so the key activities will be
  29. for teaching. Teacher training will be
  30. the in completion of models in the
  31. form of interactive workshops and training seminars
  32. and online group training sessions.
  33. The resources to be used
  34. are the teachers and the hosts,
  35. the yoga studios
  36. and the office where the film is to take place,
  37. and the use of Zoom to conduct video conferencing.
  38. Monday Mind incorporates the use of an Internet provider, zoom yoga,
  39. brand memberships and lifestyle magazines as their key partners.
  40. They intend to have their customer relations via
  41. online methods such as Zoom and emails.
  42. Monday,
  43. Mind incorporates Instagram and LinkedIn as their social media connections.
  44. Many of the competitors for Monday minds
  45. who already offer the teacher training programmes
  46. use multiple other
  47. social media resources such as Facebook and Twitter.
  48. These could be expanded into to increase
  49. customer services.
  50. Thank you