Welcome to the show notes of the second episode of the Millennial Personal Finance Podcast! You can find the podcast below or listen and subscribe on iTunes.
This episode features an interview with Doug Beech of Scholarship Strategy covering everything you want to know about scholarships.
Doug Beech is the CEO and co-founder of Scholarship Strategy, along with his twin brother Terry. He realized the huge benefits that scholarships brought him, and started sharing application strategies with his friends, from whom he witnessed massive results and success. He noticed that the scholarship money is only a part of the benefits, and those scholarship winners have an easier time getting into top tier university programs such as law school or medical school. They learn to distinguish themselves in a competitive environment and reap the rewards throughout their entire lives.
It became Doug’s passion to convince students to become scholarship applicants and to help them turn from applicants into big-time winners. He, along with his brother, have shared the strategies associated with the scholarship application process, and have been asked by secondary institutions to deliver multiple seminars hosted in large auditoriums. Doug used these seminars to convey his message to hundreds of students at a time, explaining how he found his success through scholarships and how they can too. Doug made it his mission to help these students fund their education and achieve success, and with his guidance, over 35,000 students have won millions of dollars in scholarships.
What We Talk About In this Podcast
- Doug’s company: Scholarship Strategy
- Why it’s important to look at winning scholarship applications before applying
- The common criteria for winning scholarships
- How to write great scholarship essays
- Finding the unifying theme in your essay
- Tailoring your scholarship essay to the audience
- Telling a story in your scholarship essay
- How winning scholarships opens up a lot of opportunities
- Why student loan debt can sentence you to a dead end or uninspiring career
- Why you should apply for scholarships even if you’re not the A+ student who does ALL the extracurricular activities.
- How volunteering can lead to amazing opportunities
- How children shouldn’t listen to their parents (when they force them into careers they don’t like)
- Reference letters and how to get great ones
- How to calculate the chance of winning a scholarship
- Scholarship searches
- How to find weird scholarships
- Where to Find Scholarships
- How to prioritize scholarships
- Why the benefits of scholarships extend beyond just money
- Is it too late if you’re already in college?
- And much more.
This interview was great and also a lot of fun since Doug is an old friend! I hope you enjoy. If you have questions about scholarships leave them in the comments!
Personal Finance Books
Be sure to check out these books for more great personal finance information:
Credits: The music featured in the podcast is an instrumental version of ‘1984’ by Silence is Sexy.