Business School with Sharran Srivatsaa Sharran Srivatsaa
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- Business
Business School is hosted by Sharran Srivatsaa, President of Real (TSX: REAX) (NASDAQ: REAX), the fastest-growing, publicly-traded, real estate brokerage in the world. Sharran grew Teles Properties by 10x in 5 years to $3.4 Billion in sales and eventually sold the business to Douglas Elliman. Sharran is also an accomplished “deal guy” and private equity investor. He is the Chairman of private equity firm Highland Prime which focuses on investing in service-businesses and also the Chairman of ARC Multifamily Group which focuses on value-add multifamily investment projects.
Sharran is a former Goldman Sachs and Credit Suisse banker and a sought after keynote speaker and is the creator of the wildly-popular 5am Club call for Entrepreneurs.
On this podcast, Sharran shares his best secrets on how to grow your business strategically, how to build your brand elegantly, most importantly integrate the profits in your business with an overall joyful life.
For more free resources visit Sharran.com
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Perfect Day Scorecard
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Imagine you can have a perfect day every single day. How we spend our days indicates how we spend our lives. But first, you have to know what a perfect day looks like for you. How do you design a repeatable, enjoyable, productive day that moves life forward?
In this episode, Sharran shares his diagnostic tool for determining whether he had a perfect day and offers suggestions on how to make up for days when you don't get to do the things you had to do. He developed this perfect day scorecard composed of six specific items to ensure each day does not pass by with wasted opportunities. You don't have to do all six things at once, but incorporating some of them into your daily activities will dramatically improve your life. Why don't you give the perfect day scorecard a try?
“I've realized over the years that if I don't have a scorecard, if I don't have a diagnostic on what I'm doing on a day-to-day basis, then I have no way of seeing, thinking, or feeling as to how I did that day.”
- Sharran Srivatsaa
Timestamps:
02:40 - Sharran's planning process
06:15 - Why Sharran created the perfect day scorecard
07:46 - How do you manufacture energy?
11:59 - What does it mean to make an offer?
14:53 - Why do you need to create a business asset?
20:59 - How do you help your community?
23:24 - What can you do to build and grow your brand?
29:12 - How do you show love for your people?
30:58 - Recap of the perfect day scorecard
Resources:
- 52 Needle Mover System - https://sharran.com/episode204/
- Wealth Without Wall Street Podcast - https://www.youtube.com/c/WealthWithoutWallStreet
- The 5am Club - https://sharran.com/5amclub/
- Join the 10K Wisdom Private Partner Podcast, now available to you for free - https://www.highlandprime.com/optin-10k-wisdom
- Join Sharran's VIP Community - https://sharran.com/vip/
- The Real Brokerage - https://www.joinreal.com/
- Top Agent Power Pack - https://sharran.activehosted.com/f/121
- The Job of a CEO - https://www.highlandprime.com/download-job-of-ceo
- a... -
Buying the Anaheim Ducks
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What is one of your biggest aspirations? Why do you want to do it? How will you achieve that goal?
Sometimes, people keep their biggest dreams a secret to avoid vulnerability. But today, Sharran reveals one of his deepest desires, which was sparked by a conversation with the owner of a professional hockey team.
Since then, Sharran has thought of buying the Anaheim Ducks. His reasons go beyond money or fame, but something that would benefit future generations.
So when is he buying the team and what does he plan to do next? Tune in to find out the status of this big dream. What about you? What are you doing to pursue your greatest desire?
“I have zero doubt that I can raise whatever money necessary to buy the Anaheim Ducks. What I am curious about is I will not do it unless I get a chance to create America's team because that is a cultural legacy worth leaving behind.”
- Sharran Srivatsaa
Timestamps:
02:50 - What sparked Sharran's aspiration to own the Anaheim Ducks?
04:20 - How many professional sports team owners do you know?
07:55 - What would it take to make a team America's team?
12:45 - What is the real reason Sharran wants to buy the Anaheim Ducks?
15:18 - What does Sharran plan to do next after purchasing the team?
Resources:
- Wealth Without Wall Street Podcast - https://www.youtube.com/c/WealthWithoutWallStreet
- The 5am Club - https://sharran.com/5amclub/
- Join the 10K Wisdom Private Partner Podcast, now available to you for free - https://www.highlandprime.com/optin-10k-wisdom
- Join Sharran's VIP Community - https://sharran.com/vip/
- The Real Brokerage - https://www.joinreal.com/
- Top Agent Power Pack - https://sharran.activehosted.com/f/121
- The Job of a CEO - https://www.highlandprime.com/download-job-of-ceo
- ARC Multifamily Real Estate Investing - https://arcmf.com/
- Sharran's Partnership Program - a href="https://www.highlandprime.com/" rel="noopener noreferrer"... -
The Most Important Sales Lesson (Ever)
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When starting a new business, sales is one of the most challenging but critical things to get right. Of course, not everyone is a born salesperson. Unless you come from a sales background, you might not know what an effective sales process looks like. But as long as you're willing to learn the art of selling, you can attract raving fans willing to buy your products and services.
In this episode, Sharran shares his most important sales lesson. If you master the framework discussed here, you can sell almost anything at your desired price. No matter your business or career, sales is a useful skill. So, take advantage of the opportunity to learn this proprietary framework from someone who knows exactly how to take your sales skills to the next level.
“Adding value is subjective; it doesn't mean anything, right? Showing up and adding value is not related to your charisma–it's related to proof of a promise.”
- Sharran Srivatsaa
Timestamps:
03:01 - One of the many things Sharran learned while reading books
04:29- What does adding more value mean?
06:40 - How do you define value?
10:17 - How do you show proof of a promise?
18:34 - What happens when there's too much commoditization?
20:05 - What is our job?
20:40 - Recap of the most important sales lesson
Resources:
- The 5am Club - https://sharran.com/5amclub/
- Join the 10K Wisdom Private Partner Podcast, now available to you for free - https://www.highlandprime.com/optin-10k-wisdom
- Join Sharran's VIP Community - https://sharran.com/vip/
- The Real Brokerage - https://www.joinreal.com/
- Top Agent Power Pack - https://sharran.activehosted.com/f/121
- The Job of a CEO - https://www.highlandprime.com/download-job-of-ceo
- ARC Multifamily Real Estate Investing - https://arcmf.com/
- Sharran's Partnership Program - https://www.highlandprime.com/
- Grab Sharran’s 4-Week MBA for Free - https://sharran.com/4weekmba/
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Productize a Service Business
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Have you ever wondered how the best companies create insane profits and insane enterprise values? How do they build companies worth millions or even billions of dollars? What makes a product unique?
In this episode, Sharran dives deep into the art of productizing your services, turning your expertise into high-demand products that sell themselves. Get ready to learn the three components of productizing your service to meet and exceed customer expectations.
Whether you're a seasoned entrepreneur or just starting out, this episode is packed with insights that can revolutionize your business approach and help you break free from the limitations of traditional service models.
Are you ready to transform your service business into a scalable, revenue-generating machine? Don’t miss out on this game-changing episode! Tune in now to unlock the secrets of productization and take your service business to new heights.
If you don't have a product-based mindset of delivering the service, you will always have a commoditized service, and when you have a commoditized service, you will be beaten down in price until you go out of service.”
- Sharran Srivatsaa
Timestamps:
03:26 - How do you create an enormous amount of value?
04:07 - What makes product managers unique?
05:57 - The difference between order qualifiers and order winners
08:18 - How do you build a product in a service world?
10:19 - How to map the client journey
14:45 - The importance of show, flow, and demo
20:15 - How do you elegantly differentiate what you do?
23:04 - Recap of the three components to productize a service
Resources:
- The 5am Club - https://sharran.com/5amclub/
- Join the 10K Wisdom Private Partner Podcast, now available to you for free - https://www.highlandprime.com/optin-10k-wisdom
- Join Sharran's VIP Community - https://sharran.com/vip/
- The Real Brokerage - https://www.joinreal.com/
- Top Agent Power Pack - https://sharran.activehosted.com/f/121
- The Job of a CEO - https://www.highlandprime.com/download-job-of-ceo
- ARC Multifamily Real Estate Investing - https://arcmf.com/
- Sharran's Partnership Program - a... -
How to Manufacture Luck
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Have you ever wondered what the secret is for those who always seem to seize great opportunities? What could be the reason behind some individuals being consistently luckier than others?
Imagine if Lady Luck is always in your corner. How would you feel if good fortune followed you all the time?
Conventional wisdom states that luck is a matter of chance, similar to rolling dice. Yet others say that luck is more about ensuring an excellent karmic balance.
In this episode, Sharran presents four practical steps to attract good fortune. These steps are relatively easy to implement. All you need is the intention to put them into practice.
So, are you ready to manufacture luck?
“The fastest path to deep fulfillment is starting to feel happiness for others because there is an unlimited source of happiness where that came from. Every single day, you can wake up and feel happiness for someone else.”
- Sharran Srivatsaa
Timestamps:
01:28 - Who is the luckiest person that you know?
01:50 - Three quotes about luck and what they mean
03:23 - How can we push luck in our favor?
04:50 - What is your biggest strength, and how can you make it better?
07:25 - Who can you publicly recognize?
09:41 - How can you give something of immense value every day?
12:26 - Is there someone you can be genuinely happy for?
13:47 - Recap of the four ways to manufacture luck
Resources:
- The 5am Club - https://sharran.com/5amclub/
- Join the 10K Wisdom Private Partner Podcast, now available to you for free - https://www.highlandprime.com/optin-10k-wisdom
- Join Sharran's VIP Community - https://sharran.com/vip/
- The Real Brokerage - https://www.joinreal.com/
- Top Agent Power Pack - https://sharran.activehosted.com/f/121
- The Job of a CEO - https://www.highlandprime.com/download-job-of-ceo
- ARC Multifamily Real Estate Investing - https://arcmf.com/
- Sharran's Partnership Program - https://www.highlandprime.com/
- Grab Sharran’s 4-Week... -
4 Fixable Weaknesses
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Being an entrepreneur or business owner is full of exciting challenges and potential learning opportunities. It also comes with unique obstacles that may be difficult to hurdle. Sometimes, the challenges involve an entrepreneur's weaknesses.
Are you aware of the common weaknesses entrepreneurs face?
In this episode, Sharran explains the four weaknesses most entrepreneurs experience and how to overcome them. If you can identify any of these challenges within yourself and learn what you must do, you will be one step closer to success.
“A big part of clarity is understanding what you don't want. When you can be very clear about the things you don't want, it is a lot easier to get the things that you do want.”
- Sharran Srivatsaa
Timestamps:
01:00 - The idea behind this episode
01:56 - Do you often lose your temper?
08:13 - Are you working without clarity?
13:43 - What happens when you make incorrect comparisons?
17:31 - What is your understanding of personal responsibility?
22:11 - Recap of the four fixable weaknesses
Resources:
- The 5am Club - https://sharran.com/5amclub/
- Join the 10K Wisdom Private Partner Podcast, now available to you for free - https://www.highlandprime.com/optin-10k-wisdom
- Join Sharran's VIP Community - https://sharran.com/vip/
- The Real Brokerage - https://www.joinreal.com/
- Top Agent Power Pack - https://sharran.activehosted.com/f/121
- The Job of a CEO - https://www.highlandprime.com/download-job-of-ceo
- ARC Multifamily Real Estate Investing - https://arcmf.com/
- Sharran's Partnership Program - https://www.highlandprime.com/
- Grab Sharran’s 4-Week MBA for Free - https://sharran.com/4weekmba/
Connect with Sharran:
- Facebook - a href="https://www.facebook.com/likesharran" rel="noopener noreferrer"...