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Austen Allred Profile picture
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Jan 22 • 4 tweets • 1 min read
I hadn't thought about this, but could be very interesting.

The instruction/curriculum/product centralized and perfected, local in-home community. Maybe organizer helps recruit students and takes % revenue?

If anyone interested in trying email me - austen@bloomtech.com
I don't know how the numbers pencil out right now, but back of napkin it's just this side of crazy.

Less so if they can help bring in students who wouldn't otherwise attend.
I'm a big fan of the centralized/decentralized micro school model. I see it work great in K12 (@prendalearn); where people get together in person, using otherwise unused space, but keeping expensive pieces (instruction, product) centralized and scalable.
Thinking out loud: probably depends a lot on the level of training the local guides have. If it's just a coffee shop for people to hang out in, probably not bad.

If it's assistance/help/something more integral, probably harder to scale.

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More from @Austen

Austen Allred Profile picture
Jan 6
My muse is speaking to me today: Some of the (many) things I got wrong building @bloomtech, in no order whatsoever.
1. I initially underestimated the importance of instructional design and the incredible skillset that being a phenomenal teacher is.

There are millions of talented engineers. The number of talented instructional designers who are also engineers is a tiny fraction of that.
2. I optimized too much for people being debt-free as quickly as possible.

Because this is a value I hold dearly, we started with a high repayment amount for a short period of time.

I think students are generally grateful when it's over, but it was more extreme than many wanted
Read 24 tweets
Austen Allred Profile picture
Jan 4
Alright, thanks for playing.

Winner is @ta_mffl!

DM me a way to pay you (venmo, cashapp, crypto) and I’ll send payment and post proof.

That was wild. No idea what it was good for or if I’ll ever do it again, but will share stats for “science.”
Preliminary data:

Followers from 192,779 to 193,341, so +562 followers.

1,895 total retweets, 3,136 profile visits, 110k impressions.

Honestly about equivalent with my normal tweets in # impressions.
For comparison: my 28 day summary from all tweeting.

The bump mid December is when Elon replied to one of my tweets.
Read 6 tweets
Austen Allred Profile picture
Dec 24, 2021
Would you work at McDonald’s if it paid $200/hr?
(That’s $416k/yr)
This is in today’s money not some crazy inflationary event
Read 6 tweets
Austen Allred Profile picture
Dec 7, 2021
Alright, decision made.

I’m turning my writings on “career hacking” into an official book (title TBD). That’s the best format.

In the meantime I’m looking for a few people to preorder + give feedback as I keep writing. (Will also pay for editor).

austenallred.gumroad.com/l/uGPkH
Literally decided on this like an hour ago as a forcing function for getting it all down for @bloomtech students.

@bloomtech students - do not buy this. Will get to you another way.
I set price intentionally obnoxiously high ($50). I know if I set at $5-10 I would get a whole lot of people who don’t need the info and don’t actually care about the contents. Don’t need those yet :)
Read 4 tweets
Austen Allred Profile picture
Nov 21, 2021
The problem of cancel culture isn’t that people lose their jobs if they say something that crosses a line.

It’s that people become unwilling to say innocuous and reasonable things for fear of that happening.

That chilling effect eliminates entire topics of conversation.
I do think the power that Twitter mobs have is overstated 99% of the time.

But if that 1% of the time your life is flipped upside down and you no longer have a career, the downside risk of tweeting something controversial outweighs the upside by… a lot.
I’ve intentionally structured things in my life so that I know I’ll be fine no matter what Twitter mobs may try to do, and there’s a meaningful psychological shift when you’re not living in fear of potential mobs anymore.
Read 4 tweets
Austen Allred Profile picture
Nov 16, 2021
It’s time.

Lambda School, which pioneered career-focused education that aligns incentives of students with the school, is now:

Bloom Institute of Technology

New name, same commitment to lower-risk education that leads to rewarding jobs.

And now what we’ve been working on:
Introducing the Outcomes-Based Loan:

$0 upfront, no payments in school (or during job search).

Follow job search guidelines and don’t get a job paying $50k+ in a year?

We NOT ONLY refund 100% of tuition, but PAY YOU another 10% of tuition directly.

(bloomtech.com/tuition/tuitio…)
(And by the way, even once you land that great job, payments are low: $500-600/month.)

Details: bloomtech.com/tuition/outcom…
Read 10 tweets

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