Founded in 2014, Prepwell Academy is a college-prep program that helps students prepare for the college admissions process. Using a virtual training platform, Prepwell helps students make the most of their high school experience. Through a series of videos, Prepwell helps students make decisions about their future, learn about the college admissions process, and develop personal skills and knowledge that will benefit them throughout their lives.
Prepwell Academy was founded by Phil Black, a former Navy SEAL officer. Phil was inspired to start Prepwell after counseling his teenage sons. He graduated from Yale University and studied at Harvard Business School. Before starting his own business, Phil was a Navy Seal and investment banker at Goldman Sachs. He went on to become an entrepreneur, motivational speaker, and personal trainer. He has worked with Princeton and Harvard students, and has helped a number of teenagers prepare for college.
Phil’s PrepWell Academy has been in business since the pitch. The company provides one-on-one counselling sessions, weekly videos, essay review services, and standardized test preparation. Students can also enroll in an online program. They can also receive referrals to other services, such as financial aid counselling. Prepwell Academy is a platform that helps students gain admission to top colleges and universities.
Prepwell Academy is a growing firm. In its first year, Prepwell Academy generated revenue of nearly $500k. Its net worth is estimated to be $1 million in 2022. It has a huge social media following. There are over a dozen million followers on Facebook and Instagram. In addition to its online programs, Prepwell Academy also offers an online portal that is accessible through mobile devices.
Prepwell Academy has been featured on the popular business reality show Shark Tank. In Season 11, Phil Black asked for $100,000 for a 20% stake in the firm. During the pitch, Sharks did not find the idea to be very promising. Mark Cuban stated that he did not think Prepwell was a viable business opportunity, and Kevin O’Leary called the idea “crazy.” While he did not offer a deal, he did say that Phil is a good guy with a “bad idea.”
Phil Black teaches hardies about the college admissions process, and he has worked with students at Princeton and Harvard. In addition to his work with students, he has also helped his teenage sons get into college. His experience in education and athletics gives him an edge over the traditional school counselors.
Phil Black was a college athlete before becoming a Navy Seal. He later attended Harvard Business School, and earned an MBA. His success in education and athletics has helped him gain the attention of the Sharks.
Despite the sharks’ rejection, Prepwell Academy is still a growing business. The firm’s annual sales have exceeded $900,000. Its founder has earned a net worth of $1 million.
While the idea of Prepwell Academy is not unique, it is still a valuable platform that helps students make the most of their high school years. The Prepwell Academy website offers videos, one-on-one counselling sessions, and financial aid counselling. Prepwell Academy also sends out daily emails to students. This platform also helps students find suggestions about projects and important life skills.