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 119: The $66M Growth Plan
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If building and scaling your business seems like an extremely difficult task, what you need to do is make a plan. So how do you hit your milestones? First, make sure that everyone in your company is pulling in the same direction and contributing to the goal. This episode is the answer if you need ideas on how to do it.
Today, Sharran will break down the five agreements that built a $66 million company and how the company implemented them. This company went from 14 people to 44 people in 3 years, hit $66 million in revenue, and 6X their profits. Every single employee of the company is required to know all five agreements by heart so everyone moves in the right direction. If you can implement one or more of these agreements, it will bring you insane value. Don't miss out!
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“Singularity of focus does not have to mean that you will only do one thing. Singularity of focus means that you only have one filter.”
- Sharran Srivatsaa
Timestamps:
00:00 The Five Agreements that Built a $66 Million Company
01:43 Here's how it all started
03:08 The 6X in 3 Years Agreements
05:32 Agreement #1: Singularity of Focus
08:06 Agreement #2: Cadence of Accountability
10:21 Agreement #3: Nothing Happens Until a Sale Is Made
11:51 Agreement #4: Perfect P&L Contribution
14:43 Agreement #5: Every Team Member Must Know All Five Agreements
15:49 Recap of The Five Agreements
Resources:
- 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:
- YouTube