Episode 164 | Megan Padden | O.W.L. Educational Services | The Knowledge Entrepreneurs Show

May 21 2024
59 min

Episode Description

Megan Padden shares her journey into the test prep industry and how she overcame her own testing anxiety. She discusses the importance of preparation and strategies for managing test anxiety. Megan also talks about the evolution of test prep, from relying on books to utilizing digital resources and virtual classrooms. She emphasizes the need for educators to address students' mental health and create a supportive learning environment. Megan shares her experience starting her own educational services company, OWL, and offers advice for those considering franchising or starting their own venture. Megan discusses the pros and cons of investing in a franchise and emphasizes the importance of having a financial expert. She also shares her experience transitioning from in-person to online teaching during the COVID-19 pandemic. Megan highlights the challenges and benefits of online education, including increased homeschooling and improved communication. She also expresses her views on standardized tests, advocating for a more comprehensive assessment system that includes portfolios and interviews. Megan emphasizes the importance of financial planning for college and offers test prep and college application essay assistance services.

Key Takeaways

  • Preparation is key to managing test anxiety and performing well on exams.
  • Test prep has evolved from relying on books to utilizing digital resources and virtual classrooms.
  • Educators should address students' mental health and create a supportive learning environment.
  • Starting a business requires careful consideration of the target audience and unique value proposition. Investing in a franchise can be a good opportunity if it offers something unique and revolutionary, but it's important to have a financial expert to guide you.
  • The COVID-19 pandemic had a major impact on education, leading to increased online teaching and homeschooling.
  • Online education has its challenges, especially for younger students who struggle with focus and engagement.
  • Standardized tests have limitations and can vary significantly between states, making them an unreliable measure of student achievement.
  • A more comprehensive assessment system that includes portfolios and interviews could provide a better understanding of a student's abilities and potential.
  • Financial planning is crucial for college to avoid excessive student loan debt, and scholarships can be a valuable resource.
  • Megan offers test prep and college application essay assistance services to help students succeed in the college admissions process.

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