Business School with Sharran Srivatsaa

Episode 141

full

Published on:

7th Feb 2023

Reporting First Approach

Click Here to Get All Podcast Show Notes!

Do you know exactly how your business is doing? How do you measure the success of your business? For most companies, a dashboard is a necessary tool. That is so true. In fact, Sharran thinks that building a dashboard is probably even more important than building a business. In this episode, he talks about three things you must understand about a dashboard to appreciate the importance of the reporting first approach. When you report first, you see your entire business come to life. Having a dashboard allows you to see data from across your business in a way that’s easy to grasp. When you clearly understand how your business is doing, you can gather insights to help you create action plans to propel your business performance forward. But without a dashboard, it's like walking in the dark. So remember to build your dashboard first before doing anything else.

“Numbers don't lie; we just have to ask how to improve that number.”

- Sharran Srivatsaa

Timestamps:

00:00 Introduction

02:14 Three things Sharran will discuss today

03:01 The inspiration behind this episode

06:28 #1: Dashboard vs. Business Plan

08:47 #2: The different types of dashboard

15:32 #3: A dashboard is not just a reporting tool but a diagnostic tool

19:01 Recap of today's episode

Resources:

- Hire Quality Virtual Assistants from Assistantly

- Nic Korvessis at Scale Lab

- The Real Brokerage

- Top Agent Power Pack

- ARC Multifamily Real Estate Investing

- Sharran's Partnership Program

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

- Grab Sharran’s 4-Week MBA for Free

Connect with Sharran:

Next Episode All Episodes Previous Episode

Listen for free

RSS Feed

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

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.