#117 Austen Allred - Lambda School's Founder Brings His Best Ide…
About This Episode
Sam and Shaan interview Austen Allred, founder of Lambda School, to discuss how incentive-aligned education models like Income Share Agreements (ISAs) are disrupting traditional universities. They explore Austen's background as a Mormon missionary and brainstorm business opportunities in standardized testing, college admissions, and workforce productivity software.
Episode Description
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Key Takeaways
Incentive alignment via ISAs transforms education from a commodity sale into a partnership where the school only profits if the student succeeds.
The 'missionary training model' of extreme immersion—where students learn high-level skills like foreign languages or coding in weeks—is significantly more effective than traditional academic pacing.
Universities pay massive premiums for leads; there is a significant business opportunity in creating alternative testing frameworks that surface high-potential students from diverse or low-income backgrounds.
Business Ideas Mentioned
Diversity Talent Identification Engine
Marketplace
Remote Workforce Efficiency Auditor
SaaS
Modern Professional Aptitude Testing
SaaS