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 181: How Billionaires Decide
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Have you ever wondered what people with massive fortunes have in common? Aside from their wealth, these people share something else: Their ability to make the right decisions.
Every day, we face situations where we must choose between one option vs. the other. And each decision, whether big or small, has an impact. With every decision comes a tradeoff or consequence. Thus, every decision matters. So, how do you make good decisions? How do billionaires decide?
Today's episode is a personal one because Sharran is sharing the amazing mindset of his three billionaire mentors. These fascinating humans have three things in common regarding their decision-making philosophy. If you can adapt these philosophies, it will dramatically change the way you look at things around you and give you a positive perspective in life.
“Life is just a series of choices, and all the choices that you make have tradeoffs. Some are hassles; some are not hassles. Some are joyful; some are not joyful. You pick one, you lose something. You pick one, you gain something else.”
- Sharran Srivatsaa
Timestamps:
01:20 What this episode is all about
03:35 Three common factors in these three billionaires
04:17 Philosophy #1: Don't be afraid to make decisions
07:46 How we feel is fundamental to the decisions we make
10:02 Philosophy #2: Success loves speed
11:40 If you have no more information and must decide what to do, what will you do?
13:52 Philosophy #3: The need for moral compass mentors
17:38 This is the fastest way to make a bad decision
20:36 Recap of today's topic
Resources:
- The Real Brokerage
- Top Agent Power Pack
- The 5am Club
- Join the 10K Wisdom Private Partner Podcast, now available to you for free
- The Job of a CEO
- Join Sharran's VIP Community
- ARC Multifamily Real Estate Investing
- Sharran's Partnership Program
- Grab Sharran’s 4-Week MBA for Free
Connect with Sharran:
- YouTube