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Side Hustle School

#996 - Perfect SAT Score Leads to $20 Million Tutoring Biz

Side Hustle School

Chris Guillebeau

Entrepreneurship,, Side Hustle, Careers, Entrepreneurship, Business, Small Business

4.73.3K Ratings

🗓️ 23 September 2019

⏱️ 11 minutes

🧾️ Download transcript

Summary

After painstakingly learning to earn a perfect score on the SAT, this teenager shares his wisdom with other students. It goes on to become an eight-figure side hustle while he’s still in college! 

Side Hustle School features a new story EVERY DAY of someone who started a hustle without quitting their job. You’ll learn how they got the idea, how they overcame challenges along the way, and what the results are.  

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Show notes: SideHustleSchool.com

Twitter: @chrisguillebeau

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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.


Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.com


If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 


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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to a brand new week of the program. It is the fall, at least in the Northern Hemisphere.

0:14.0

Middle of September, leaves are changing, students are going back to school, etc.

0:19.0

Now we're actually going to talk about going back to school today in the program, or at least we're going to talk about getting into college.

0:24.0

I'm really excited about this story. It is all about an overachiever who painstakingly learns to earn a perfect score on the SAT exam.

0:32.0

He does this at age 17 and then shares his wisdom with other students.

0:36.0

Beginning with local classes in Nevada, he then transitions to online classes, allowing him the freedom to not be tied in one place.

0:43.0

Now I just called him an overachiever, you're like what's that about?

0:46.0

Well, in addition to the perfect SAT score, he's also in training to become a doctor and runs this little $20 million business on the side.

0:54.0

That is correct. I'm talking about an eight figure side hustle that a college student who's now preparing to become a dermatologist runs in his spare time.

1:03.0

More on that in a moment. And why is test prep such a big industry?

1:07.0

He's doing tutoring. There's all kinds of courses and resources out there for people who are trying to achieve a better score on the SAT or ACT or some other exam.

1:15.0

Well, as we have seen in the USC application scandal or the other college application scandals where parents have been paying large amounts of money essentially as bribes or getting other people to take their students test, all because they're desperate to get their kids into what they believe are the most desirable colleges.

1:32.0

Now, I actually think there's a better way for the majority of people. It's essentially a Hunger Games style competition among elites.

1:38.0

But that's not what this is about. At least not this story. You're probably not here to hear my editorial comments on all this kind of stuff or you might be, but still it's my job to deliver a story practical details inspiration and tips guidance perhaps to get you on the path to your side hustle your income generating project.

1:53.0

This story is about a perfect SAT score that leads to a $20 million standardized test prep business for a young medical student. I'll tell you all about how he makes it happen right after this shout out to our sponsor.

2:05.0

How did Malcolm finally gain his cast respect? Was it because he saved 35% on train line and bravely looked into the eyes of his dismissive pet where he saw something that said.

2:17.0

I don't actually hate you. His train line to thank for Malcolm gaining his cast respect. We hope so. We really do. Great journey start with train line.

2:29.0

Average savings from advanced fairs rail cards and split save wear available versus equivalent flexible fair TNC's apply.

2:36.0

Sean Patel took the SATs for the first time when he was 15 years old. When he got his results back he wasn't satisfied. Despite receiving a score close to 1700, Sean wanted to do much better.

2:57.0

He had big dreams of earning a place and a college is combined Bachelor of Arts and MD program. But most students who were accepted into those programs scored closer to 2200 nearly 500 points higher than his score.

3:09.0

He took the test a second time but didn't do much better. Of course he was only 15. Sean knew that there was an obvious way for him to improve his score. It's a crazy idea, really wild creative approach. It was to study for the exam.

3:23.0

Those first two times he only studied the week before the test. He arrived feeling underprepared and nervous.

...

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