Business School with Sharran Srivatsaa

Episode 33

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Published on:

19th Jan 2021

How to Use the 80/20 Principle to Dominate Your Life with Perry Marshall

What must you do to avoid missing out on what matters? How do you stand out from a multitude of entrepreneurs? In today’s episode, Sharran and his guest, Perry Marshall, tackle the 80/20 principle (also known as the 80/20 rule), an inviolable law of nature. Perry, a direct marketing and sales consultant, and best-selling author, has driven the 80/20 principle passionately over the years. His new book, DETOX, DECLUTTER, DOMINATE: HOW TO EXCEL BY ELIMINATION will teach you the seven essential things you need to do to succeed. Listen as Perry explains how you can apply the 80/20 principle in all aspects of your life. When you learn how to identify the 80/20’s in any situation, you can solve almost any problem.

“If you want something that is truly elegant and useful, build it up and chisel it down until everything is essential.” - Perry Marshall

In This Episode:

- Perry’s 80/20 Curve as a tool for productivity

- The 80/20 Principle by Richard Koch

- Chaos Theory and Fractals: Understanding the Patterns

- Perry realizes “one of the great secrets in the universe”

- Finding the marks by “racking the shotgun”

- How to apply the 80/20 principle in business

- What is head trash and how do you snap out of it

- How Perry wrote his new book using the 80/20 principle

- A good entrepreneur knows the value of wisdom

Resources:

- Perry Marshall’s latest book DETOX, DECLUTTER, DOMINATE: HOW TO EXCEL BY ELIMINATION

- Perry Marshall’s 80/20 Sales and Marketing

- Fractal 80/20 in Harvard Business Review

- The 80/20 Rule in Business and the 80/20 Curve

- Richard Koch’s The 80/20 Manager

Connect with Perry Marshall:

- Join the MAZE 2.0 course

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.