Business School with Sharran Srivatsaa

Episode 68

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Published on:

14th Sep 2021

The Biggest Mistake that CEOs Make

Congratulations! You're now the CEO. How does it feel to be at the top? Being a CEO requires you to do many things. With such a huge responsibility, you may not realize the mistakes you're making. Some mistakes are worse than others. They can damage the company, waste resources, or create new problems.

Having worked with many entrepreneurs, business owners, and CEOs of top companies, Sharran has discovered the biggest mistake that CEOs make. This mistake is so easy to overlook that CEOs blame their team (and not themselves) when things go wrong. Sharran also shares how you can avoid this situation. This advice is usually reserved for his coaching clients and members of his private community. But you will hear it in today's episode. So don't miss out on this 10k insight.

To get no fluff, just high value actionable insights, join Sharran's Private Podcast: 10kwisdom.com

“Please, no more sloppy passes.”

- Sharran Srivatsaa

Timestamps:

00:00 The HUGE reason Sharran loves spending time with entrepreneurs

02:43 What this episode is NOT about

04:12 Why you should learn this lesson from QB Peyton Manning (even if you're not a football fan)

06:44 CEOs make a lot of sloppy passes then blame their team

07:15 It takes 3 THINGS to run a business (do you know what they are)

10:54 Recognize these 2 reasons when the sloppy passes happen

12:39 Sharran shares 2 his 2-part process to solving the gaps

13:53 What does a great handoff look like

15:01 Here's how Sharran communicates his ideas to avoid a sloppy pass

15:59 Some ways you may be doing a sloppy pass without realizing it

And much more!

Resources:

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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.