How an Online Tutoring Business Scaled from a Single Class to Shark Tank and Beyond | Shaan Patel

#629 What if raising your test score could completely change your life — and lead to a multimillion-dollar business deal with Mark Cuban? In this episode, host Brien Gearin sits down with Dr. Shaan Patel, founder and CEO of Prep Expert, the test prep company that’s helped over 100,000 students earn more than $100 million in scholarships. Dr. Patel shares how he turned his own SAT score improvement from average to perfect into a multimillion-dollar business — all while completing medical school and residency. He opens up about landing a deal with Mark Cuban on Shark Tank, scaling Prep Expert from a local class in Las Vegas to a nationwide online platform, and how he’s now leveraging AI tutoring technology to revolutionize test prep. This episode is packed with lessons on perseverance, proof of concept, and building authority that opens unexpected doors! What we discuss with Shaan: 0:00 The Origin Story 4:10 Building the First Curriculum 8:30 Scaling Up: From Local to Online 12:50 Balancing Medicine and Entrepreneurship 17:00 Lessons in Delegation and Growth 21:10 The Power of Word of Mouth 25:30 Shark Tank and National Expansion 29:50 The Rise of AI Tutoring 34:10 Pricing, Value, and Marketing 38:30 Final Thoughts and Advice Thank you, Shaan! Check out Prep Expert at ⁠PrepExpert.com⁠: https://prepexpert.com/ Follow Shaan on ⁠Instagram: https://www.instagram.com/shaanpatel/⁠ and ⁠LinkedIn⁠: https://www.linkedin.com/in/dr-shaan-patel/ To get access to our FREE Business Training course go to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠MillionaireUniversity.com/training (https://www.millionaireuniversity.com/training)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. And follow us on: Instagram (https://www.instagram.com/millionaire_university_mu/) Facebook (https://www.facebook.com/MillionaireUniversityMU/) Tik Tok (https://www.tiktok.com/@millionaireuniversity_mu?lang=en) Youtube (https://www.youtube.com/channel/UCyG31bPcrqhbjvGsuz-JaXw) Twitter (https://twitter.com/Millionaire_Uni) To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors (https://www.millionaireuniversity.com/sponsors) . Want to hear from more incredible entrepreneurs? Check out all of our interviews here (https://www.millionaireuniversity.com/podcast) ! #entrepreneurship #testprep #tutoringbusiness #sharktank #markcuban