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
https://www.sharran.com/podcast/
episode 161: Formula for Scale
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What is the formula for scale? How do I scale my business? Many entrepreneurs and business owners ask this question, especially when they want to take their business to the next level, like expanding into new markets, increasing production, or improving their marketing and sales efforts. To scale effectively, you need a clear plan. And who better to show you how to scale your business than Sharran?
So if you feel like it's the right time to scale your business, tune in and discover Sharran's 3-step formula for scale. Not only does he share the framework, but he also explains how to operationalize each step. Scaling a business is not easy, but if you have the formula, it becomes more feasible.
“To do great things, we must do fewer things.”
- Sharran Srivatsaa
Timestamps:
02:37 One of the questions people usually ask Sharran
03:25 The three pieces to the 10X puzzle
03:54 Here's the big picture behind this topic
05:31 Why should you have a singularity of focus?
09:54 How to operationalize singularity of focus
11:59 What is your singularity of focus right now?
12:29 How important is the cadence of accountability
12:35 The big difference between consistency and cadence
16:04 Remember this quote about the cadence of accountability
16:46 What can you do in your life and business that signifies a cadence of accountability?
17:24 How can systems drive success?
17:59 People hire us for these three things
20:32 The problem with most service providers that you would want to prevent
21:05 How do you prevent the idea of promising the dream and servicing the nightmare?
21:15 What is one system you can build that can change your life dramatically?
22:57 Recap of the formula to scale
Resources:
- Assistantly
- Top Agent Power Pack
- The Real Brokerage
- Join the 10K Wisdom Private Partner Podcast, now available to you for free
- ARC Multifamily Real Estate Investing
- The 5am Club
- Sharran's Partnership Program
- Grab Sharran’s 4-Week MBA for Free
Connect with Sharran:
- YouTube