Prepwell Academy Shark Tank Get The Latest 2022 Details!

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This write-up will help you discover more what you need to know about Prepwell Academy Shark Tank regarding the launch of a school preparatory which focuses on training high school students.

Are you a businessperson? Are you planning to launch a business within the next few months? Do you watch the popular reality show for business? Are you interested in learning more regarding its offerings? Read for more to find all the information you need.

In this article we’ve discussed one of the items featured in the well-known reality show on television for business. People, particularly students from various countries such as that of the United States, would like to learn more about the products. Thus, you should check out this page for all the details regarding Prepwell Academy Shark Tank.

About Prepwell Academy’s Appearance in Shark Tank

Prepwell academy An online platform that helps prepare students for high school for college, was included as a guest on Shark Tank at the end of 2020. PrepWell’s founder PrepWell offered his demand for worth to receive financial assistance from investors, or “sharks.”

Phil Black, the man behind PrepWell said that the project was designed to assist teenagers in deciding their futures with confidence. But the sharks were not in agreement with his vision and he was unable to receive the contract. However, Phil strived to continue his business and PrepWell is growing in popularity.

How Much is Prepwell Academy Worth ?

When Phil was on Shark Tank, he projected the value of his academy at $500,000. He demanded a share 20 percent of this amount from investors. In the other words, he wanted $100k from “sharks.”

While PrepWell didn’t get the attention of Shark Tank investors, Phil was able to increase his revenue. According to Internet sources, up to the end of the fiscal year, PrepWell’s annual revenues surpass $900,000.

What is PrepWell?

PrepWell is an internet-based platform designed to prepare students in grades 9 and 10 to prepare them for their careers. It is accessible as both a website and mobile application. It gained more attention after it’s Prepwell Academy Shark Tank appearance.

Students who have a subscription can view short videos that range from three to five minutes in length. The videos will help teenagers to make sense of their future engagement. The cost of a monthly subscription to PrepWell will be $14.95.

Who is the Founder of PrepWell?

The founder of PrepWell Is Phil Black. After completing the MBA through Harvard’s Business School at Harvard, Phil Black was involved in a number of initiatives. This included firefighting, working for the Navy as well as college athletics, investment banking, and more.

He came up with the idea of the creation of PrepWell after consulting his sons who were teens. His platform is highly Prepwell Academy worth due to his passion. Phil personally provides one-on individual counseling sessions to students. The videos assist parents and students decide on their next plan of action.

Why Was Prepwell Academy at Shark Tank Unsuccessful?

Phil Black had formerly participated in Shark Tank in 2014. The goal was to draw investors’ attention to a fitness-focused project known as FitDeck. Therefore, investors understood the rationale behind his strategy. But, the sharks of 2020 believed that PrepWell wasn’t worth their money. They believed that Phil was unable to convince them of the potential profits this venture could earn.

The Closing Thoughts About Prepwell Academy Shark Tank

PrepWell’s loss on the Shark Tank didn’t stop Phil Black from growing his business. It’s evident through his social media accounts that PrepWell is gaining popularity. Additionally, the platform assists thousands of students to make informed decisions on their future plans and help them gain admission to top colleges.

Are you an PrepWell subscriber? Share your experience and reviews in the comments section below.