Episode 161

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Published on:

27th Jun 2023

Formula for Scale

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What is the formula for scale? How do I scale my business? Many entrepreneurs and business owners ask this question, especially when they want to take their business to the next level, like expanding into new markets, increasing production, or improving their marketing and sales efforts. To scale effectively, you need a clear plan. And who better to show you how to scale your business than Sharran? 


So if you feel like it's the right time to scale your business, tune in and discover Sharran's 3-step formula for scale. Not only does he share the framework, but he also explains how to operationalize each step. Scaling a business is not easy, but if you have the formula, it becomes more feasible. 


“To do great things, we must do fewer things.”

- Sharran Srivatsaa


Timestamps:

02:37 One of the questions people usually ask Sharran

03:25 The three pieces to the 10X puzzle 

03:54 Here's the big picture behind this topic

05:31 Why should you have a singularity of focus?

09:54 How to operationalize singularity of focus

11:59 What is your singularity of focus right now?

12:29 How important is the cadence of accountability

12:35 The big difference between consistency and cadence

16:04 Remember this quote about the cadence of accountability

16:46 What can you do in your life and business that signifies a cadence of accountability?

17:24 How can systems drive success?

17:59 People hire us for these three things

20:32 The problem with most service providers that you would want to prevent

21:05 How do you prevent the idea of promising the dream and servicing the nightmare?

21:15 What is one system you can build that can change your life dramatically?

22:57 Recap of the formula to scale


Resources:

- Assistantly

- Top Agent Power Pack

- The Real Brokerage

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

- ARC Multifamily Real Estate Investing

- The 5am Club

- Sharran's Partnership Program

- Grab Sharran’s 4-Week MBA for Free


Connect with Sharran:

- Facebook

- Instagram

- Twitter

- LinkedIn

- YouTube

Listen for free

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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

Profile picture for Sharran Srivatsaa

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.