Business School with Sharran Srivatsaa

Episode 139

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Published on:

24th Jan 2023

The 5-Star Prospect Formula

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If you're an entrepreneur, a service provider, or a business owner, you know it's important to keep your pipeline full. Even if you have many clients right now, you must pay attention to this vital aspect of business: finding and connecting with prospects—not just any prospects, but 5-star prospects. But how do you get a 5-star prospect? How can you take the necessary steps to make every single prospect a 5-star prospect?

In this tactical episode, Sharran takes you behind the scenes of The 5-Star Prospect Formula. This powerful formula is from Dean Jackson, also known as “The Marketing Buddha." Listen carefully to learn how to take a cold lead and transform them from a 5-star prospect into a perfect client—no more chasing after the wrong people unnecessarily. With this formula, you will know how to identify each prospect and take action to progress them to the next level until they become your client.

Join the 10K Wisdom Private Partner Podcast, now available to you for free: https://www.highlandprime.com/optin-10k-wisdom

“Nobody is friendly and collaborative with somebody that they don't want to do business with.”

- Sharran Srivatsaa

Timestamps:

00:00 Introduction

01:46 The three big topics for today

03:48 Lead vs. Prospect

05:39 The 5-Star Prospect

06:41 Examples of each prospect and how to progress them to the next level

11:27 The Pipeline-Building Component

13:04 The three big components of sales

13:41 Get free access to Sharran's Top Agent Power Pack

14:21 Recap of the 5-Star Prospect

Resources:

- 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:

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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.