After its modest beginnings, The Profs now has an office in Belgravia. From left to right: Richard Evans (co-founder), Rory Curnock Cook (co-founder), Suzy Ferreira (partner), Leo Evans (co-founder).
A sideline in academic coaching evolved into a lucrative business venture, The Profs, for founder Richard Evans.
Many small businesses begin life in their founder’s bedroom. Few, however, can match the spectacular growth of The Profs – a tuition agency that, 16 months after its modest beginnings, has an office in Belgravia and is handling £20,000 of transactions each week.
As a cash-strapped economics student at the London School of Economics, Richard Evans took the advice of a friend to try his hand at tutoring. It went so well that he continued with the work after graduation. Spotting that most tuition services were set up “to help the typical kind of Chelsea parent get their child through an entrance exam,” Evans saw a gap in the market and began offering his services to undergraduate students. Soon his schedule was fuller than he could handle, and he banded together with four other tutors to share the workload.
After a few successful months, and with brother Leo now on board, Evans launched The Profs, a web-based agency that could bring together students and tutors. With no external funding and just a £1,200 overdraft, the business grew rapidly: it now has four partners, five full-time employees and more than 200 students a month taking classes with tutors.