Info You Can Use: Conversation explores his mission to help students unlock scholarship opportunities and academic success.
Daily Inspiration: The Steve Harvey Morning Show
iHeartPodcasts
4.8 • 2.2K Ratings
🗓️ 3 January 2026
⏱️ 32 minutes
🧾️ Download transcript
Summary
Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Dr. Shaan Patel.
Founder and CEO of Prep Expert, a leading online test prep company. The conversation explores Patel’s journey from struggling test-taker to perfect SAT scorer, bestselling author, and successful entrepreneur. He shares how his personal experience inspired a mission to help students unlock scholarship opportunities and academic success.
👨🏽🏫 About Dr. Shaan Patel
• Founder & CEO of Prep Expert
• Scored a perfect SAT after self-study
• Secured over $500,000 in scholarships
• Partnered with Mark Cuban after appearing on Shark Tank
• Author of a bestselling SAT prep book published by McGraw-Hill
💡 Key Themes & Takeaways
📚 From Side Hustle to Scalable Business
• Started Prep Expert in college dorm room
• First course led to 376-point average score improvement
• Grew from local classes to a national online platform
• Now serves over 100,000 students with $100M+ in scholarships earned
💻 Online Learning & Accessibility
• Offers live, online SAT/ACT prep, tutoring, and admissions consulting
• Courses taught by 99th percentile instructors
• Emphasizes interactive, classroom-like experience with office hours and support
• Adapted quickly to online learning post-COVID
🎯 Mission-Driven Education
• Brand motto: “Change your score, change your life”
• Teaches life skills like time management and goal setting
• Aims to eliminate student debt through scholarship access
• Long-term goal: Help students earn $1 billion in scholarships
📈 Entrepreneurial Lessons
• Faced early rejection from publishers before landing a book deal
• Used storytelling to stand out on Shark Tank
• Built brand through word-of-mouth and authenticity
• Now generates 2M+ annual website visits
🌟 Vision for the Future
• Expand impact through scholarships and mentorship
• Continue empowering students to achieve academic and financial freedom
• Promote meritocracy and the American dream through education.
#SHMS #STRAW #BEST #AMI
See omnystudio.com/listener for privacy information.
Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:02.6 | Guaranteed Human. |
| 0:04.4 | Hi, I'm Rishan McDonnell. |
| 0:05.8 | I host this weekly Money Making Conversation Masterclass show. |
| 0:09.1 | The interviews and information that this show provides are for everyone. |
| 0:13.0 | It's time to start reading other people's success stories and start living your own. |
| 0:17.6 | If you want to be a guest on my show, please visit our website, |
| 0:21.2 | Moneymaking Conversations.com, and click the Be a Guest button and submit your information. |
| 0:27.5 | Now let's get your show rolling. My guest is the founder and CEO of Prep Expert. |
| 0:32.3 | Prep Expert has helped more than 100,000 students, improve their SAT and ACT scores, get into top colleges, |
| 0:40.6 | and went over this. Check this out. $100 million in scholarship. Prep expert offers online |
| 0:47.0 | SAT and ACT courses, academic tutoring, and college admissions consultant. Please welcome to |
| 0:53.9 | Money Making Conversation Masterclass. When you say $100 million, he is a money. matrudering and college admissions consultant please welcome to money making conversation masterclass |
| 0:55.4 | when you say 100 million he is a money making conversation masterclass guest dr sean patel |
| 1:02.4 | how you doing sean hey rashon how are you happy to be here thanks for having me okay when it is |
| 1:08.8 | all get started prep expert how did this get out of that |
| 1:11.7 | mind, that brain? What initiated that thought process? Prep expert. Great question. So this actually |
| 1:19.5 | started off as a side hustle for me and turned into a seven-figure business now. So the way it got |
| 1:26.4 | there was actually as many great |
| 1:29.2 | businesses do, which is out of my own experience. You know, I was like many of the students and |
| 1:34.7 | parents listening to this podcast in that I was not a great test taker. I was good in school, got |
| 1:41.1 | good math and science English grades, but had a lot of test anxiety. |
... |
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