Online Education and the Re-skilling Boom
I have been spending more and more time on Youtube, Skillshare, and other online platforms. A lot of what I’m doing there is learning.
I've also taken 2-3 online courses in the last year. One cohort style.
During the early phase of the pandemic, I had this thought that
"Whoever invests in online education now, will be the winners 10 years from now."
Teaching over video is a skill set that I intend to get better at. And coaching is a big part of how I'm learning to work with people 1-1.
The thesis underneath this is that we're no longer just learning from ages 5-25, but instead we're shifting into a world where learning is continual across our entire lives.
If this is true, it means that you’ll see spending span this entire chart, not just in the first third.
If this is true, it means that there will be a massive boom in this sector as your customers are everyone across their life rather than everyone for the first third of their lives.
Teaching, like anything, is a skill. Packaging knowledge is a skill. Hosting courses, running workshops, being on video… each of these will accrue power-law-like benefits to the instructors of these future courses.
It’s a good time to learn the skill of teaching…
XX I’m David Sherry, I coach early-stage founders, invest in crypto, and write on the overlap of investing, crypto, and the creator economy.
You can join my Telegram chat for more real-time investing notes on what I’m thinking about in markets and crypto.