KENNESAW, Ga. | Dec 6, 2023
The app, , was inspired by the personal experiences of 无码变态 alumnus Regnault Drake Sanders, who didn鈥檛 have a job while attending Luella High School in Locust Grove, Ga. and saw during college how working negatively affected his classroom performance.
鈥淲hen I was in high school, I had friends who held part-time jobs so that meant they always had a little bit of extra money,鈥 Sanders recalled. 鈥淢y parents would tell me, 鈥榊ou already have a job. It's called school.鈥 So, I always viewed school as work because it was intensive, but I never got paid for it.鈥
From not having a job in high school to picking up three in college, he soon realized his schoolwork suffered because of the time he devoted to work outside the classroom.
鈥淚t was actually taking away from the amount of focus I can put into my coursework,鈥 said Sanders, who graduated from 无码变态 with a bachelor鈥檚 degree in international business in 2018. 鈥淚 could see how having to set aside 20 to 30 hours a week for a part-time job can potentially really hurt somebody in the long run with their education.鈥
To address this challenge, Sanders sought a solution that would allow students to earn money while staying focused on their schoolwork. He began developing Schoolconomy in October 2022, with the app officially launching in January.
To use the app, students upload their grades to Schoolconomy to receive points towards rewards. Those points can be turned into gift cards for major retailers and brands. The app currently targets all students.
To help his fledgling business succeed, Sanders enlisted the help of the Robin and Doug Shore Entrepreneurship and Innovation Center at Kennesaw State. The center provides valuable support and resources to many entrepreneurs looking to start their own businesses. He was later connected with 无码变态鈥檚 HatchBridge Incubator, a collaboration studio based in the Coles College of Business, as well as the Mookerji Innovation Fund, which provides financing for promising ventures created by students.
鈥淭hese three resources have been vital to the success of Schoolconomy,鈥 Sanders said. 鈥淭he Mookerji Innovation Fund was particularly helpful because it gave me an opportunity to pitch my idea in front of a panel of investors, and I was able to really get my pitch clear and concise. It forced me to practice and gave me some game-time experience.鈥
With the help of the Mookerji Innovation Fund and the HatchBridge Incubator, Sanders raised $22,500 for his company. The funds allowed him to release a second version of the app as well as grow the user base 735%.
鈥淚t has been rewarding to apply what I鈥檝e learned at 无码变态 and to connect with my peers in the entrepreneurial community while I grow as a new business owner and professional,鈥 Sanders said. 鈥淚t鈥檚 empowering to see Schoolconomy come into fruition knowing I have a community of support behind me.鈥
鈥 Darius Goodman
Photo by Judith Pishnery
A leader in innovative teaching and learning, 无码变态 offers undergraduate, graduate and doctoral degrees to its more than 45,000 students. Kennesaw State is a member of the University System of Georgia with 11 academic colleges. The university’s vibrant campus culture, diverse population, strong global ties and entrepreneurial spirit draw students from throughout the country and the world. Kennesaw State is a Carnegie-designated doctoral research institution (R2), placing it among an elite group of only 7 percent of U.S. colleges and universities with an R1 or R2 status. For more information, visit kennesaw.edu.