Chasing a Dream Without Calculating the Risks: The Story of Courstore’s Founder Starting From Scratch, Twice

The education market has been booming over the past 20 years, thanks to the rise of internet technologies like video calls, online conferences, and cashless payment systems. With tens of thousands of professionals worldwide eager to share their knowledge, platforms have sprung up to connect teachers with students. One of these platforms is Kazakhstan's very own Courstore, offering people the chance not only to earn money by sharing their knowledge but also to build their own online schools.


In an interview with Er10.media, Courstore's founder and CEO, Rauan Syzdykov, shares how the startup began, why the first try didn't pan out, and how Courstore had to start all over again.

«I approached a partner and pitched the idea of an online marketplace for educational courses. And that’s where it all began. I had the background and an understanding of the market, plus I’d purchased courses on other platforms myself. My dream was to build my own platform.

But here's where I went wrong: I chased a dream rather than following market demand. I skipped customer development and market research. I thought I had it all figured out, but I didn't ask potential users what they actually needed. I relied solely on my experience and intuition—and they let me down», – said Rauan Syzdykov.

Read more details on the website er10.kz

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