Episode 108

full
Published on:

21st Jun 2022

One Question Every Business Owner Must Ask Right Now

Click Here to Get All Podcast Show Notes!

When entrepreneurs do well in their business, they often say, “Oh yeah, we’re crushing it! Our business grew by X%!” But when it's not doing well, they instantly blame the market. It's a normal reaction. But how do you grow your business in whatever market condition?

In today’s episode, Sharran will share the one question every business owner must answer and the three lessons from a private board meeting with a billion-dollar company. If you are an entrepreneur, this information will hugely benefit your business. So tune in and discover the three things you can do to have a thriving business regardless of market conditions.

Interested in partnering with Sharran or learning more about their partnership model? DM him on Instagram with the word PARTNER. - INSTAGRAM

“Brand is the invisible hand that will lift you. The lack of brand is the invisible hand that will crush you.”

- Sharran Srivatsaa 

Timestamps:

00:00 Behind the scenes of a private board meeting of a billion-dollar company

03:34 The one question that affected the vibration of the room

04:25 Business owners should recognize this truth about business growth

07:25 How do we get our business to grow without the market correlation?

07:56 Lesson #1: Is this the time to redefine your “ONLY statement”?

08:45 Examples of “ONLY statement” that differentiate your business from the competition

11:33 Lesson #2: Brand is the invisible hand that will lift you. The lack of brand is the invisible hand that will crush you.

15:01 Lesson #3: This is the time to grow the front side of your funnel.

18:04 Quick recap of today’s topic

20:34 Here’s an offer to learn more about partnering with Sharran and growing your business regardless of market conditions.

Resources:

  - Grab Sharran’s 4-Week MBA for Free - https://sharran.com/4weekmba/ 

Connect with Sharran:

  - Facebook

  - Instagram

  - Twitter

  - LinkedIn

  - YouTube

Listen for free

Show artwork for Business School with Sharran Srivatsaa

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.