This organisation is not going to make me rich. We are interested in becoming a non-profit organisation ourselves in the future.
My learnings so far:
- The elephants of the industry are perfectly organised to win the public tenders
- The product they deliver checks all the boxes, but is poorly exectuted. Leaving schools with expensive, restricted contracts for 5 years
- They earn money by asking an amount per student per year. A simple synchronisation tool (to sync agendas between 2 sytems) costs them EUR 2 per student per year. (We built that in 2 weeks and give it away for free these days)
- We work for 65 schools. At least 12 of them bought software for 100-150k per year that they do not use (bugs, bad UI).
- We are cheap compared to the market, but we charge fair. Our profit is very low (10% or less) but we cover all costs and pay 3 fulltime developers. We have work for years.