EA Income Share Training
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A Lambda School-style training program that teaches people to become Executive Assistants/Office Administrators through a 3-month curriculum with an income share agreement payment model.
Key Points:
-
Market Opportunity:
- One of most popular jobs in US (600,000+ positions)
- Pays well ($50-80k) without requiring specialized degrees
- High demand but hard to break into due to experience requirements
-
Program Structure:
- 3-month training program
- Teaches core skills:
- Calendaring
- Travel booking
- Note taking
- Administrative tools and best practices
- Remote/virtual school format
-
Business Model:
- Income Share Agreement (ISA)
- Students pay nothing upfront
- School only gets paid when graduate lands job
- Cost to deliver: $3,000 per student
- Potential return: $15-17k per placed candidate
- Income Share Agreement (ISA)
-
Growth Strategy:
- Build reputation through successful placements
- Leverage alumni network for:
- Referrals of new candidates
- Job opportunities at their companies
- Partner with existing EA communities (like orgorg.co) for recruitment
-
Value Proposition:
- Students: Free training for well-paying job with good work-life balance
- Companies: Pre-trained candidates ready to contribute
- School: Aligned incentives - only make money when graduates succeed
34:59 - 39:34
Full video: 55:56SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.