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 182: How to Build a System
Click Here to Get All Podcast Show Notes!
Building a system is vital to taking your business to the next level. Systems are the building blocks of any company, providing structure and ensuring smooth operations. They also offer guidance to doing things efficiently and effectively. But building a system is not just for business owners. Most of us have a system for doing things in our personal life. However, not everyone has clearly defined systems. Others might also feel overwhelmed by the idea of creating a system.
No need to worry because in this episode, Sharran generously shares the blueprint for creating joyful and profitable systems in your life and your business. He discusses the four foundations of an effective system with an example and the lessons he learned. Think of this episode as a masterclass in building systems. Enjoy listening!
“A good system is something you can predictably reutilize and also transfer and teach to someone else. If you don't have a system, you can't teach somebody else.”
- Sharran Srivatsaa
Timestamps:
02:01 Two good reasons to listen to this episode
02:28 Three things that Sharran will discuss today
03:54 Here's a powerful quote by Michael Sheargold
06:12 The four foundations of a good system
06:26 Foundation #1: A good system is intentionally designed
06:55 Foundation #2: It has a specific result
07:36 Foundation #3: There has to be a proven process around it
08:02 Foundation #4: You need to have a feedback loop
08:46 What is the Deal of the Week System?
12:54 Lesson #1: Upgrade your system every day
14:11 Lesson #2: You should name your system
15:24 Lesson #3: Create a visual for your system
17:20 Lesson #4: Think about the learning dogma
18:55 Grab this valuable gift from Sharran: https://www.highlandprime.com/download-job-of-ceo
19:26 Three things you need to remember
Resources:
- Deal of the Week System
- The Job of a CEO
- The Real Brokerage
- Top Agent Power Pack
- The 5am Club
- Join the 10K Wisdom Private Partner Podcast, now available to you for free
- 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