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497: Helping Students Ace Digital SAT and Win Huge Scholarships with Dr. Shaan Patel, MD, MBA

How is Prep Expert transforming the lives of college students? Nicole Jansen sits down with Dr. Shaan Patel, MD, MBA, entrepreneur success story and founder of Prep Expert.

From personally raising his SAT score by 640 points to a perfect score to securing a $250,000 investment from Mark Cuban on Shark Tank, Dr. Patel’s journey is nothing short of inspiring. He turned initial rejections from book publishers into a thriving educational service that has helped over 100,000 students secure more than $100M in scholarships, and his mission is to increase scholarships to over $1 Billion.

Listen as Dr. Patel shares what he’s learned from business mogul Mark Cuban, strategic insights on Time Management, the pivotal role of standardized testing in college admissions and scholarships, and the core values that drive his entrepreneurial success. Learn how he leverages efficiency and prioritization, builds culture, counters misconceptions about leadership, and passionately champions higher education accessibility.

This is an enlightening conversation that explores Dr. Patel’s journey from a determined student to a visionary entrepreneur, offering invaluable lessons for aspiring entrepreneurs, leaders and students alike.

Podcast Highlights
0:00 – Dr. Shaan Patel’s journey to achieving a perfect SAT score and founding Prep Expert.
4:03 – Turning rejections into opportunities: From book to course creation.
8:17 – Pitching Prep Expert on Shark Tank and securing Mark Cuban’s investment.
12:32 – Standardized testing’s significance in college admissions and scholarships.
18:44 – Entrepreneur lessons from working with Mark Cuban.
23:29 – Leadership beyond meetings: The importance of strategic work.
27:15 – Leading by example: Cultivating a productive company culture.
32:09 – Preparing for the digital SAT: Changes and implications for students.
36:54 – Financial costs of college and the impact of scholarships.
41:26 – Resilience and embracing failure as an entrepreneur.

Favorite Quotes

Efficient Leadership: "Working with Mark Cuban taught me the importance of prioritizing high-value tasks and learning how to say no."

Educational Passion: "I’m on a mission to help students secure scholarships and reduce college costs, aiming to 10X the $100M in scholarships already achieved."

Embracing Failure: "As an entrepreneur, you must focus on execution, Resilience, and being comfortable with failure to succeed."

Episode Show Notes:

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As a transformational leadership coach, strategic business advisor, and podcast host, my passion is developing aspiring leaders and helping good leaders become great. This world needs more great leaders, who live and lead themselves well, and who uplift and empower others to do the same. Leaders who make this world a better place for everyone.

It begins with you and me - living on purpose, expanding our vision and beliefs, and inspiring positive change in our circles of influence. If you enjoy intelligent conversations, I invite you to check out my Leaders of Transformation Podcast where I interview extraordinary difference makers and world changers every week. Currently we have over 475 episodes and are honored to be in the top 1.5% podcast globally reaching listeners in over 140 countries. Hope to see you there!

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