Let's be honest. Not many of us actually did much studying from the reference textbooks for exams. There were the local authors whose books were tailor made for exams. But above all, there were the class notes. Clear, concise and perfect for the short attention span of a college student.
In fact, there is a fully researched science on how notes should be taken for college classes. Walter Pauk, an education professor at Cornell University, invented the Cornell note-taking system, which was devised in the 1950s. Based on the same concept, the former Lifetime.fm founder, Rajan Chandi has now come up with Classmint.com. It is an interactive study tool which aids students at the four phases of learning -
"There are mainly four phases of learning. Firstly, you understand the words. Then you understand the concept on a superficial level. After this, you commit this to memory. This is still not enough, so you revise, so that you remember it," shared Rajan.
Classmint requires you to put down keywords that you've learnt on the left hand side of the page, and the corresponding space on the right hand side will have information about the word that you've just entered. Add some word processor capabilities, and Classmint becomes quite a powerful learning tool. If you had trouble understanding that Cornell concept that we spoke about earlier, check the Classmint version here. Personally, this is a much more effective way of learning.
Here's a video demo of the product -
Revenue model and traction
Rajan's previous product, Lifetime.fm, was also quite an interesting product, which didn't take off on the revenue front. He says, "It was operationally expensive because of the bandwidth problems. Also, Google essentially gave the same service for free with Hangouts. So I really didn't see a future with the product."
This time around, Rajan shared that there is a defined revenue model for Classmint. He says, "We're thinking along the lines of a cost per note. First 500 notes for free and a fee after that for more notes. We'll soon be launching the Classmint app, so a Classmint note will sync across all your devices. Also, once there are enough notes that have been generated, we can put them exclusively on a tablet and provide that as an education solution."
The early traction that Classmint is seeing so far has encouraged Rajan so far and he's optimistic about the future. The platform has also generated some investor interest, but he wants to hold back on the fund raising front for a few more months. He says, "I want to give it a few more months to see how our users use it. We surely want to raise funds, but that's a little later."
Give Classmint a spin and tell us what you think