Why does the BloomTech strategy work?
In this insight, we will look at the BloomTech strategy and how you can apply it if you are looking for a job as a software developer or a Data Scientist.
If you have not heard already, The Bloom Institute of Technology formerly Lambda School is an online coding school that teaches you Software Engineering or Data Science and guarantees that you will get a job earning $50,000 or more.
If you don’t get a Job after their training, they will refund you 110% of what you have paid them. That is: They will refund all of your money and give you 10% more of what you initially paid, or alternatively, you can pay nothing upfront until you start earning $50,000 or more. Pretty amazing right?
BloomTech has even introduced a new payment option: the Outcome-Based Loan. In this option, if you follow their program and don’t get a job paying at least $50,000 a year, your entire loan will be refunded, including all fees and interest from an approved lender. And, they will directly pay you 10% of the tuition.
Such is the level of confidence in their training and career support. They further point out that their graduates work for the world’s top companies including Google, Walmart, Microsoft, Berkshire Hathaway, Apple, Cisco, IBM, Citi, Bank of America, HP, Target, Oracle, Twilio, BigCommerse, Divvy, Blue Origin, Nike, AT&T, Pheew! The list is huge.
But how are they doing it, how is it possible that they are able to achieve these things? What strategy have they employed and why is it so effective? Let’s explore further and find out.
In my opinion, What BloomTech has done I think we can all do. It’s true they have great teachers, coaches, and resources. That’s not all, they have done more than that, their confidence is not only in themselves but also in you as a graduate. They literally say on their website “The online coding school that invests in you.”
See, in order for all their promises (refunds and guarantees) to stand, there is a set of rules and guidelines that apply (Terms & Conditions). Here is the whole picture:
To be eligible for a 110% refund on your tuition or loan, the following must apply:
- You are legally authorized to work in the United States.
- You graduated from your BloomTech program, receiving a Certificate of Completion.
- You complete the Weekly Career Commitments for 365 days. Weekly commitments include:
• Applying to 10 jobs
• Reaching out to 10 professionals for networking
• Posting at least 5 GitHub contributions
I have intentionally omitted some of the requirements, it is the last point that I am deeply interested in. Here rests the strategy of the entire program as I see it. See, there is a large pool of knowledge on the internet at your disposal and the things you learn at BloomTech can be learned for free on Youtube and other platforms.
But BloomTech goes beyond just teaching you, they want you to be accountable and practical, they want you to apply to 10 jobs per week, they want you to reach out to 10 professionals for networking per week, and they want you to contribute to Github 5 times per week. Whether you vibe with this or not is where the entire system rest.
Truth is, I can’t imagine any person who would strictly adhere to this and not get a job, almost impossible. As long as you are able to do the above, you will definitely get a job whether you are working with BloomTech or not. I think BloomTech provides the framework under which it is almost impossible not to get a job.
As long as you commit yourself to these weekly tasks, you will definitely get a job somewhere. I think the BloomTech program’s value is not so much in the actual curriculum that they offer, but in the mentorship, Coaching, and weekly requirements. In the end, they help you to do much of the work. If you fail, you get no refund, simple.
I think this approach is so important, if you are a self-taught programmer or a graduate who has had problems finding employment, I believe this weekly career commitment will undoubtedly open doors.
Many people will not do it because it is not easy, it requires a huge amount of effort, commitment, and discipline. BloomTech strategy rest on that. If you work hard (of course they will help ) and get the job, they would have achieved what they promised, if you relent and do not commit fully, well they still win, you don’t get a refund.
Ultimately, with or without BloomTech, the key is to commit to the weekly career commitment. It’s a great framework to help you grow your skills, to be noticed by employers and in the end, get a job. Whether you apply at BloomTech or take courses on Udemy, Skillshare, Udacity, Youtube, or any other platform, the key is the weekly career commitments.
So, yes, the BloomTech strategy works and works so well.