Business School with Sharran Srivatsaa

Episode 144

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Published on:

28th Feb 2023

7 Figures to 8 Figures

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Growing and scaling your business is challenging for most companies. But what if someone lets you in on what you need to do to go from 7 figures to 8 figures? I'm sure you will jump at the opportunity.

In today's episode, Sharran takes you behind the scenes of a private workshop with an online influencer who wanted to reboot his business. After deconstructing the existing processes, identifying the problems, and implementing the solution, the company went from 7 to 8 figures in under 12 months.

Once you understand the strategy they implemented and integrate it into your process, it will make all the difference in the trajectory of your business. So make sure to listen, because this is a conversation that you won't hear anywhere else.

“There's a lot of dependence on the inbound; it's okay. But see if you can flip your inbound to outbound, and when you do that, the sky's the limit on the things that you can do.”

- Sharran Srivatsaa

Timestamps:

00:00 Introduction

01:34 What is this episode about?

02:01 Who is this guy, and what was his problem?

03:41 Two ways to look at what's going on in your business and the possible solutions

04:40 How the influencer's business process was initially set up

05:23 Diagnosing the biggest pain point for the existing business

05:50 Solving the problem

07:19 Here's the exact script for the outbound call (and the new workflow)

09:21 What calling outbound with the courtesy frame does for your business

10:17 The best part about this whole process

10:54 Why outbound is a powerful thing

Resources:

- The Real Brokerage

- ARC Multifamily Real Estate Investing

- Sharran's Partnership Program

- Join the 10K Wisdom Private Partner Podcast, now available to you for free

- Grab Sharran’s 4-Week MBA for Free

Connect with Sharran:

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About the Podcast

Business School with Sharran Srivatsaa

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

About your host

Sharran Srivatsaa

Sharran is a serial entrepreneur, sought after keynote speaker, and a respected thought-leadership resource for publications such as the Wall Street Journal, SUCCESS magazine, Huffington Post and Forbes.

While Sharran has had 5 exits in the last 19 years, and also a several humbling failed investments and business initiatives. He talks all about them on his top rated Spotify podcast, Business School.

Most recently, Sharran led Teles Properties’ unprecedented 10x growth over 5 years and a 4-year consecutive streak on the Inc. 500 fastest growing companies list resulting in its acquisition by national real estate powerhouse Douglas Elliman.

Prior to Teles, Sharran worked at both Goldman Sachs and Credit Suisse, where he collaborated with management teams of fast-growing businesses around the country on investment advisory and corporate strategy. Sharran also spent several years building recreational programs in the Caribbean, Middle East, and Hawaii for some of the finest international resorts such as the Four Seasons and Ritz-Carlton, also has deep experience working with technology companies such as Lightera (acquired by CIENA) and Obopay, a fast-growth mobile payments company.

Sharran is a Principal at Srilo Ventures, a multi-factor private investment fund that focuses investing in and advising technology companies and operating businesses in the consumer space. Having successfully completed many acquisitions, joint-ventures, management buyouts, mergers, and capital raises, Sharran serves as a director and advisor on numerous company boards.

He is also a member of the Genius Network, the highest-level marketing mastermind in the world led by whizkid Joe Polish, and also a member of Young President’s Organization (YPO).

After competing on the professional tennis tour, Sharran received his Bachelor’s degree in Computer Science from Luther College and his MBA with Honors from Vanderbilt University.