150 – Perfect SAT Score, $20M Company and a Shark Tank Deal with Shaan Patel

Shaan Patel closed a deal on Shark Tank with billionaire Mark Cuban for an investment in his company Prep Expert. Prep Expert offers SAT & ACT courses based on Shaan’s methods to raise his own SAT score from average to perfect (a feat achieved by only 0.02% of all high school students. His life completely changed because of this, he was admitted into prestigious universities, received $250,000 in scholarships and even met the President).

Shaan received a B.A. in Biology from the University of Southern California on a full tuition scholarship, an M.D. from the University of Southern California, and an M.B.A. from Yale University. He is currently a dermatology resident physician at Temple University and continues to act as the President of Prep Expert.

Top Takeaways: Perfect SAT Score, $20M Company and a Shark Tank Deal with Shaan Patel

Mark Cuban invested in me, not my company
You can side hustle your way to huge growth
Don’t invest in companies, invest in people and their teams
Growing up in a motel with limited resources- becoming a rags to riches story
The one thing you can control is effort
The secret to a high score on a test is hard work
We are not selling magic, we are selling incredible strategy
You must put the effort in yourself
Test prep is one of the best investments you can make
The ROI on test prep is incredible
I see a young Tony Robbins
My book got me on Shark Tank. One of the best things an entrepreneur can do for their business is become an expert and write a book
If you put in the effort, great things can come
Everything is figureoutable through consistent effort
Strategy for success: Do what you know
Strategy for success: Never trade time for money
Passive income is the key to wealth
Strategy for success: Million dollar ideas are easy, execution is what is difficult