Business School with Sharran Srivatsaa

Episode 181

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Published on:

14th Nov 2023

How Billionaires Decide

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Have you ever wondered what people with massive fortunes have in common? Aside from their wealth, these people share something else: Their ability to make the right decisions.

Every day, we face situations where we must choose between one option vs. the other. And each decision, whether big or small, has an impact. With every decision comes a tradeoff or consequence. Thus, every decision matters. So, how do you make good decisions? How do billionaires decide?

Today's episode is a personal one because Sharran is sharing the amazing mindset of his three billionaire mentors. These fascinating humans have three things in common regarding their decision-making philosophy. If you can adapt these philosophies, it will dramatically change the way you look at things around you and give you a positive perspective in life.

“Life is just a series of choices, and all the choices that you make have tradeoffs. Some are hassles; some are not hassles. Some are joyful; some are not joyful. You pick one, you lose something. You pick one, you gain something else.”

- Sharran Srivatsaa

Timestamps:

01:20 What this episode is all about

03:35 Three common factors in these three billionaires

04:17 Philosophy #1: Don't be afraid to make decisions

07:46 How we feel is fundamental to the decisions we make

10:02 Philosophy #2: Success loves speed

11:40 If you have no more information and must decide what to do, what will you do?

13:52 Philosophy #3: The need for moral compass mentors

17:38 This is the fastest way to make a bad decision

20:36 Recap of today's topic

Resources:

- The Real Brokerage

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- The Job of a CEO

- Join Sharran's VIP Community

- ARC Multifamily Real Estate Investing

- Sharran's Partnership Program

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About the Podcast

Business School with Sharran Srivatsaa

Business School with Sharran Srivatsaa is the no-fluff, tactical podcast for founders, operators, and underdogs who want to grow with clarity, intention, and results. Hosted by entrepreneur, investor, and operator Sharran Srivatsaa—President and Managing Partner at Acquisition.com—this show cuts through the noise to deliver real-world strategies from someone who's built and exited five companies across multiple industries.

Sharran has helped scale two billion-dollar businesses, served as President of Real (NASDAQ: REAX), and led the 10x growth and sale of Teles Properties to Douglas Elliman (NYSE: DOUG). He brings lessons from Wall Street to Main Street, sharing what actually works—because he’s lived through what doesn’t.

Every episode offers simple, actionable playbooks for those who want to build extraordinary companies without the chaos. Whether you're a scrappy operator, a first-time founder, or a seasoned executive, Business School with Sharran Srivatsaa is your blueprint for building with purpose and winning on your terms.

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.