Passive Income Strategies of Shaan Patel: How He Earns $250,000 on Top of His Physician’s Salary

Shaan Patel, the CEO and co-founder of Prep Expert, has found success in generating passive income through various streams, including licensing his digital courses, monetizing YouTube content, and earning book royalties. Patel’s journey began when he raised his SAT score to perfect, leading to $500,000 in college scholarships and a debt-free graduation.

With a focus on helping high school students improve their standardized test scores, Patel started Prep Expert and transitioned to digital courses during the pandemic. This shift proved lucrative, with records showing that Patel earns $150,000 annually from passive income sources.

In addition to digital courses, Patel leverages high-yield savings accounts, book royalties, YouTube ad revenue, dividend stocks, and alternative investments to supplement his income. By diversifying his passive income streams, Patel has been able to earn an extra $250,000 on top of his physician’s salary.

Patel’s success serves as a testament to the potential of passive income and the importance of exploring various avenues to build wealth. Through strategic investments and leveraging his expertise, Patel has created a sustainable source of additional income that continues to grow.