PrepWell

prepwellPhil Black returns to the Shark Tank in episode 1119 to pitch PrepWell, his college admissions preparation program for high school students. Phil originally appeared on Shark Tank back in season 5 when he pitched FitDeck, a set of fitness “playing cards” with different exercises on each card. He sold that business in October, 2014. This time, instead physical fitness, he’s selling mental fitness. For those who don’t remember Phil, he’s a Yale grad, a Harvard Business School grad and Navy Seal who also happens to be a father of four, an investment banker, personal trainer, firefighter, motivational speaker, AND entrepreneur! He got the idea for forming his online academy while guiding his own sons through college admissions.

PrepWell is Phil’s latest business and it helps prepare “high-potential students for the competitive college admissions process when it matters most.” Phil preaches preparation as a learned skill and PrepWell endeavors to teach that skill as it relates to the college admissions process. The online academy teaches kids what to do, when to do it and how to do it throughout their high school career as it relates to getting into college.

Teenagers generally don’t look too far ahead and often don’t listen to parental advice, so having Phil as a “virtual mentor” gets them doing the thing they need to do to be successful. The coursework and approach also teaches the lifelong skills of planning and preparation. The guidance focuses on getting into selective schools like the Ivy League, military academies (Phil’s specialty) and even helps with students seeking athletic scholarships.

For $14.95 per month, both students and parents have access to all the online content. There are 3-5 minute lessons on advice, deadline reminders, life skills, inspiration, and projects.  The projects for seniors will sometimes take more than five minutes. For parents who aren’t sure if this is for them, there is a free “college admissions snapshot” work sheet and tutorial video to help them decide. Phil likely wants a Shark’s help with marketing the business and with seed money. Will a Shark want to enroll in this academy?

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Posts about PrepWell on Shark Tank Blog

Prepwell Academy – College Admissions Guidance

PrepWell Shark Tank Recap

Phil will pitch the panel of five Sharks on the business and its prospects for growth. He’ll need to convince Mark Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec and Daymond John that the company is worthy of a Shark investment. A good business plan, good financials, and sales data will impress the Sharks, but he’ll need to show them HE is capable of running the company to “Shark standards.” A full pitch re-cap on PrepWell will be available on Shark Tank Blog once this episode airs.

PrepWell Shark Tank Update

The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Once an episode has aired, we monitor the progress of the businesses featured, whether they receive funding or not and report on their progress. The Shark Tank Blog will follow-up on PrepWell  & Phil Black as more details become available.

 

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