Tutoritto
Did you know that there are more than 200 million unemployed people around the world who are actively looking for jobs and more than 600 million people who have two or more jobs?
Tutoritto is a unique DISRUPTIVE mobile platform that takes globalization to the next level by seamlessly connecting anyone with talent, skill or knowledge to potential consumers around the world.
While there are many platforms that offer freelancers to sell their services asynchronously, there is currently nothing like Tutoritto in the market and the methods used in tutoritto are currently USPTO patent pending. Our unique selling points include the ease of use, transparency, support for both synchronous and asynchronous service deliveries, a reverse bidding process to get the best offers, automatic talent endorsements and crowd funding for group sessions. The net profit is expected to grow exponentially to reach more than 10 million USD after year 3.
As things currently stand, talented service providers are fighting an uphill battle to gain exposure, connect and deliver their unique services to potential consumers. The days of traditional service provision are coming to an end - and with so much of a consumer’s attention devoted to their devices, those unable to adapt are being left behind. Modern video communication tools have made communication easier and faster, allowed us to connect with people regardless of time and location, accelerated the pace of business, and widened the possibilities.
With all the technologies and talents in the world, finding the right service provider or advice in real time is not as easy, straight-forward, and affordable as it should be. You should be able to be connected with the best tutor, doctor, lawyer, dietician, personal trainer, architect chef, beauty expert, counselor, architect, designer or any other skillful person no matter when or where they are.
Tutoritto, is the first mobile app (patent pending) that would change the future of real-time online service provision by providing the missing link between online service providers (tutoritoes) and service consumers (tutoritees) for both synchronous and asynchronous delivery.
Tutoritto focuses on making learning new skills or acquiring any kind of remote service a simple process by giving people easy access to one on one online video sessions on any topic or subject or allowing them to acquire asynchronous services all over the world. The main goal for the company is to provide affordable, reliable, and real-time virtual spaces to share knowledge, skills, talents or remote services while also creating job opportunities and dependable income for talented people all over the world. At Tutoritto, we believe time is the most precious commodity and it is also the life currency that you can never regain after “spending” it. At Tutoritto, we provide:
- those who want to LEARN new skills or knowledge, or EXPLORE talents, the easiest, most effective and most reliable way to connect to the world’s best talented and knowledgeable individuals.
- those who want to EARN money by sharing their talents and knowledge a platform that hosts the world’s most eager to learn individuals.
The internet has made communication easier and faster, it’s allowed us to stay in contact with people regardless of time and location. It’s accelerated the pace of business and widened the possibilities within the enterprise space. It’s allowed people to find their voice and express themselves through social media, YouTube and memes. The internet has connected us like nothing before. Specifically, modern video communications technologies allow us to work together as if we were in the same space, face-to-face, regardless of our locations. These innovations allow companies who are tackling the world’s biggest problems to hire talented people from all over the world, spreading their workforces across countries, cultures, continents, and time zones.
The recent corona pandemic has pushed all businesses to operate remotely, to adapt to the new reality of social distancing. When the pandemic is over, people will go back to the office, but they will not go back to the ways they used to work. Transparency Market Research predicts that by 2027, the video collaboration market is set to hit a value of $11.56 billion, and the demand for this technology will keep growing. The question is, how will video conferencing evolve and further change the way we work?
As our system will be utilized by consumers of any service that can be delivered online in a one on one session or in groups using video conferencing tools, the market size we are targeting includes: Doctors, Teachers, Chefs, Professors, Architects, Designers, Personal Trainers, Lawyers, Dietitians, ...
This indicates a huge US market size of more than 430 billion USD for services that can be delivered online without accounting for other services with no exact data given their novel implementation online as well as market size in other countries.
- Scale safe and private digital identity and financial tools to allow people and small businesses to thrive in the digital economy.
The unemployment rate has increased significantly in many countries over the last years and there are currently around 190 million individuals who are without work, are available for work and have taken specific actions to find work. Also, a large number of workers have more than one, because either they need extra income or they want to gain more experience or explore different interests. This accounts to around an astonishing 700 million individuals with two or more jobs.
Our goal is to allow small entities top participate in the new age of digital economy.
- Pilot: An organization deploying a tested product, service, or business model in at least one community.
With our business infrastructure coming together and the platform developed including:
- -Native Android app, Native IOS app, and Web portal, developed and tested.
- -USPTO Non-Provisional Patent filed, Feb 2021 (Patent Pending)
- -Market strategy developed
- -Marketing brand developed
- -User acquisition of 400 service providers, and 5000 consumers
- -Partnership with multiple key industries for exposure.
- -Projections of 10 million USD revenue in 3 years with around 7 million USD net profit.
The time to move forward into the next stage of growth is upon us. Operations have been funded internally to date - but in order to bring Tutoritto into this next stage, we are turning to the outside investment community for assistance.
- A new application of an existing technology
- The mobile app is completely free for all parties.
- Very simple and easy to use (SSS). Search, Select, and Start (learning or earning).
- Reliable, stable, error-free and trustworthy system as all providers are to upload their credentials and also will get reviewed by their customers.
- Convenience from the comfort of your home anytime and anywhere.
- Discover talents from all over the world that were previously undiscovered.
- Multiple categories ranging from school tutors, to family medicine doctors, to counselors, life coaches, personal trainers, combined in one place.
- Automatic re-ordering of categories based on user preference on interest scores of those categories calculated using data analytics.
- Allowing anyone with any talent, knowledge or skill to offer their services without the need to be a professional in the field. Hence, the tutees can become tutors
- Providing a novel reverse bidding process where service consumers can set a maximum budget they are willing to pay and then start a bidding war between providers.
- Providing a novel opportunity for crowd funding group tutoring sessions where the tutor can set a price goal for a group tutoring session and tutees can contribute towards achieving that goal and get rewarded.
- Automatic talent endorsements for both tutees and tutors based on their performances. Allowing Reward points and gamifying the experience.
- Automatic generated promotional videos for tutors based on previously recorded tutoring sessions.
Multiple patent pending functionalities.
- Artificial Intelligence / Machine Learning
- Software and Mobile Applications
- Poor
- Low-Income
- Middle-Income
- Refugees & Internally Displaced Persons
- 1. No Poverty
- 4. Quality Education
- 8. Decent Work and Economic Growth
- Lebanon
- United Arab Emirates
- United Kingdom
- United States
Category-Revenue
Year 1
Year 2
Year 5
Total Service Providers
1000
2000
10000
Total Service Consumers
10000
100000
1000000
Total number of hours of online 1:1 session
100000
200000
1000000
Total number of online 1:N group sessions
5000
10000
50000
Average rate in $(USD) of 1:1 sessions / hour
20
22
25
Average rate in $(USD) of 1:N sessions/session
300
350
400
Total Annual Cash Flow
$ 3,500,000.00
$ 7,900,000.00
$ 45,000,000.00
Total Annual Revenue- 30% Service Fees
$ 1,050,000.00
$ 2,370,000.00
$ 13,500,000.00
Number of active users / Number of sessions / Number of packages delivered ...
- For-profit, including B-Corp or similar models
5 people.
The Tutoritto concept was envisioned by Founder, President & CEO, Professor Mohamed K. Watfa, an established academic, researcher, innovator and entrepreneur. In 4 years, one of the startups he founded (The International School of Innovation), grew from 70,000 $ to $2.25 million in revenues. Prof. Watfa finished his PhD from Univ. of Oklahoma, USA back in 2006 and started working with the American University of Beirut, Lebanon in the computer science department. He relocated to Dubai, UAE and joined the University of Wollongong in Dubai holding several leadership positions over the years including program director, head of research center, and associate dean of research in the faculty of engineering and information sciences. Professor M. Watfa is also an active researcher in the field of mobile computing, intelligent systems, and ubiquitous computing with more than 100 scientific journal publications along with multiple books in those areas. He’s held several valuable distinctions in the last ten years including several research, teaching and innovation excellence awards.
With his dedication and perseverance combined with his knowledge and expertise, he will lead the company.
Along Prof. Watfa, is Diana Audi, a Mathematician with more than 20 years experience in analytical tools and use of technology to deliver education. She will serve as the CTO of the company.
A team of 3 developers have been assembled to work on the development of the platform under the guidance of Prof. Watfa.
To get DE&I initiatives retention and advancement must be the number one priority since failing to maintain a diverse pipeline at every level further perpetuates itself as minority employees lack mentors, role models, and even advocates, at increasingly senior roles. Meaningful commitment at the executive level must be enforced as diversity programs are far more likely to miss the mark when commitment from senior leaders, especially from the CEO, is superficial or short-lived. Top-tier talent from diverse, mid-management groups must be targeted while simultaneously equipping them with key leadership skills and training them how to navigate the company.
- Individual consumers or stakeholders (B2C)
- No, I do not wish to be considered for this prize, even if the prize funder is specifically interested in my solution
- Yes, I wish to apply for this prize
Tutoritto’s vision statement is ‘Creating opportunity by connecting people’
Tutoritto is all about creating opportunity to those who have none. Refugees are a very good example of individuals who would benefit of our solutions to play an important part in the world economy.
- Yes, I wish to apply for this prize
Tutoritto’s vision statement is ‘Creating opportunity by connecting people’
Tutoritto is all about creating opportunity to those who have none. Communities all over the world can take ac active part in Tutoritto and make a difference in the world economy.
- No, I do not wish to be considered for this prize, even if the prize funder is specifically interested in my solution
- No, I do not wish to be considered for this prize, even if the prize funder is specifically interested in my solution
- No, I do not wish to be considered for this prize, even if the prize funder is specifically interested in my solution