Question: Where is your business located (city & state)? Who are the customers you serve? What products or services does you company provide?
Your Answer: Professor Egghead Science Academy located in Los Angeles, CA. We offer Science and Engineering after school classes, summer camps, parties and workshops for kids in grades K - 3rd. Since starting Professor Egghead Science Academy a little more then 5 years ago, we’ve always had a dream of expanding across the globe. We are extremely excited because we have officially been approved to do just that…global expansion! Our company, Professor Egghead Science Academy, has become the newest Children’s Service Franchise to be offered in the United States.
Question: When did you start your business? Why did you decide to start your own business?
Your Answer: Founded in 2007 by Shaun and Gary Tuch, Professor Egghead Science Academy™ has become the premier science and engineering program for children ages 4-12 years old. Starting with one after school class, the program rapidly grew to be in over 40 elementary schools throughout Los Angeles, CA. With a successful business model and the numbers to back it up, the brothers expanded the brand by franchising in 2014. “We’re excited to introduce the concept to new locations. There’s a need for quality educational programming, and Professor Egghead Science Academy is ready to fill that void.”
Question: Did you quit your "day job" to start your business? How did you initially fund your business?
Your Answer: We didn't get a chance to quit! The company we worked with was shutting down and all employees were being laid off. So with a small loan from our Mom and a little bit of nervous energy we jump into business for ourselves and have never looked back!
Question: What has been the biggest challenge in running your company?
Your Answer: The biggest challenge for us, and probably most companies is staying ahead of the pack. Most leaders of an industry are the innovators and being in the education world is no different. We decided from the start to always be improving on our product. This means we have to constantly strive to be better no matter how well we are doing.
Question: What’s been the biggest opportunity that came from owning your business?
Your Answer: There really isn't one opportunity that stands out from the huge list. Being your own boss is the biggest opportunity. Being in charge of your financial situation, setting your own hours, being a role model for the community, enjoying coming into the office are just a few perks of being your own boss. It can be a scary time to go out on your own but if you get it right it is all worth it.
Question: What has surprised you most about being your own boss?
Your Answer: How many things need to get done in one day! When you work for a company there are many hands to lend help (depending on the size of the business). But when you own the business, you get to delegate and do everything! The life-system of a business is a very interesting process to watch. Starting our own company allowed us to see and appreciate how hard it can be to run a good operation.
Question: Is there a success tactic you’d like to share that could help other business owners (i.e. implementing new software, tactic to grow sales, etc.)?
Your Answer: Have business meetings regularly and communicate with co-workers and employees. Its too easy to let things go by. People get busy, make excuses, don't have time, etc. But making sure you hold regular business meetings to communicate, discuss, and stay up to date is really important. Communication helps everyone and allows for you to catch any mistakes before they become bigger issues.
Question: What’s the best piece of advice you could give to other small business owners?
Your Answer: "No fluff". Do it correctly or don't do it at all. We realized that if were going to create a company, it needed to be done correctly. Don't take shortcuts, it will only bite you in the end. With this being said, things don't happen overnight. But if you want a good product, if you want your service to succeed, if you want happy customers, make sure your product or service is the best it can be. Always try harder and try give your customers the best product or service out there. If you don't do it, your competitors will.