Business School with Sharran Srivatsaa

Episode 71

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Published on:

5th Oct 2021

How We Bought a Company Using Bitcoin in 37 Minutes

How fast can you close a business deal? Considering the paperwork and negotiation involved in traditional business transactions, it can take weeks or even months. But the world is rapidly changing, and international businesses are moving faster than ever before. Business deals can now happen through a mobile device or a computer and more companies are turning to cryptocurrency as an alternative payment solution.

In today’s episode, Sharran will walk us through the fastest business acquisition he has done. Listen to how he and his business partner, Jason Capital, bought a business in 37 minutes and generated revenue minutes after completing the transaction.

DM Sharran on Instagram if you want to utilize Crypto to invest in their funds and deals!

“I'm really good at investing in companies and buying assets because I've lost a lot of money doing it, so I know all the ways you shouldn't do it.”

- Sharran Srivatsaa

Timestamps:

00:00 The downside of doing traditional business deals

03:20 This is what makes Sharran really good at buying assets

04:10 The partnership between Jason Capital and Sharran

06:35 What can you accomplish in 5 minutes

07:10 Conversation around Price and Terms (including settlement via Crypto)

09:59 Involving a mutual 3rd party broker to finalize the deal

13:37 How the 37-minute process looks like

15:46 Earning revenue within minutes from acquiring the business

16:32 The importance of trust when entering into business transactions

Resources:

- Grab Sharran’s 4-Week MBA for Free

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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.