Shai Reshef

And we only teach business administration, computer science and health science undergraduate, as well as MBA, master in education and master in IT, MA level courses. So you come to us and we say, take two courses. See if you like it. See if you have the motivation. See if you like our pedagogy. If you have the discipline. If you have all this, continue. Show us that you meet our standards.

And we only teach business administration, computer science and health science undergraduate, as well as MBA, master in education and master in IT, MA level courses. So you come to us and we say, take two courses. See if you like it. See if you have the motivation. See if you like our pedagogy. If you have the discipline. If you have all this, continue. Show us that you meet our standards.

You pass the courses. You get credit for them and continue with us. You don't pass the courses, sorry, you can't continue with us. But we lose over half of the students in these two courses for the very reason that you mentioned, because a lot of students say, oh, it's tuition free. I'll come in and get a degree by mail.

You pass the courses. You get credit for them and continue with us. You don't pass the courses, sorry, you can't continue with us. But we lose over half of the students in these two courses for the very reason that you mentioned, because a lot of students say, oh, it's tuition free. I'll come in and get a degree by mail.

Or we tell the students every single course that you take requires 20 hours a week. And the human nature is to say, well, 20 hours a week is for him. I can do it in an hour a week. Well, one hour goes by and you're gone. You can do it in one hour a week. And then, you know, it's the discipline of spending every night. You're sitting in front of the computer and you're by yourself.

Or we tell the students every single course that you take requires 20 hours a week. And the human nature is to say, well, 20 hours a week is for him. I can do it in an hour a week. Well, one hour goes by and you're gone. You can do it in one hour a week. And then, you know, it's the discipline of spending every night. You're sitting in front of the computer and you're by yourself.

It's not that you sit with your peers.

It's not that you sit with your peers.

So it's really hard. So a lot of people simply cannot make it. So it's a screening that only the serious students come. After they come and after they pass, we have amazing results and they continue and graduate. But yeah.

So it's really hard. So a lot of people simply cannot make it. So it's a screening that only the serious students come. After they come and after they pass, we have amazing results and they continue and graduate. But yeah.

I think that you shouldn't start any project if you don't understand the subject matter or you have someone who understands it. Because if you want to produce a new car and you have no idea what it means to produce a car, most likely you're going to fail unless you have people around you that will help you. So this is one very important thing. Second, you need pretty much to know the process.

I think that you shouldn't start any project if you don't understand the subject matter or you have someone who understands it. Because if you want to produce a new car and you have no idea what it means to produce a car, most likely you're going to fail unless you have people around you that will help you. So this is one very important thing. Second, you need pretty much to know the process.

and plan for it, what it takes, what are the stages, how much money you need in order to do it. So you need to know all the details before you launch it. I think that you must have experts on your side, unless you know it, experts on your side in every aspect. I'm not a financial person. I will never be one. But I always had great financial people next to me to tell me, don't do that.

and plan for it, what it takes, what are the stages, how much money you need in order to do it. So you need to know all the details before you launch it. I think that you must have experts on your side, unless you know it, experts on your side in every aspect. I'm not a financial person. I will never be one. But I always had great financial people next to me to tell me, don't do that.

You don't have the money to do it or you need to do it this way or the other way. You need to think about what other parts you need that you don't have such as marketing. Do you know how to market? And you need to know how much it will cost you to market because otherwise it won't work. So I think that it takes a lot of learning before you go into it. Then you need to try to test your product

You don't have the money to do it or you need to do it this way or the other way. You need to think about what other parts you need that you don't have such as marketing. Do you know how to market? And you need to know how much it will cost you to market because otherwise it won't work. So I think that it takes a lot of learning before you go into it. Then you need to try to test your product

As soon as you can get feedback all the time, get feedback, what you do. You know, when we started, when I, we started the university, we thought that we are going to develop our learning management system by ourselves. Even though I had a university and we never developed it by ourselves. You bought one, you rent one actually. And it took me.

As soon as you can get feedback all the time, get feedback, what you do. You know, when we started, when I, we started the university, we thought that we are going to develop our learning management system by ourselves. Even though I had a university and we never developed it by ourselves. You bought one, you rent one actually. And it took me.

A few months that a friend of mine who is actually understand much more than I am in technology and in universities technology said, you're crazy. You will never be able to make it this way because it's so costly. You know, that's not your business.

A few months that a friend of mine who is actually understand much more than I am in technology and in universities technology said, you're crazy. You will never be able to make it this way because it's so costly. You know, that's not your business.