Episode Summary: Welcoming Sharran Srivatsaa as President of Acquisition.com | Ep 285

Podcast Information:

• Title: Build with Leila Hormozi
• Host: Leila Hormozi
• Episode: 285 - "Welcoming Sharran Srivatsaa as President of Acquisition.com"
• Release Date: June 16, 2025
• Description: In this pivotal episode, Leila Hormozi announces the addition of Sharran Srivatsaa as the new President of Acquisition.com. The discussion delves into the journey of this strategic partnership, highlighting Sharran's impressive background, the synergy between the founders, and the future vision for Acquisition.com 3.0.

1. Announcement of Sharran Srivatsaa

The episode kicks off with an exciting announcement from Leila Hormozi about bringing Sharran Srivatsaa on board as the new President of Acquisition.com. Leila emphasizes the importance of surrounding oneself with individuals who challenge and elevate to achieve unshakeable business success.

Leila (00:02): "I have a new partner, a new managing partner, and a new president of acquisition.com and that is my dear friend, Sharon."

2. The Genesis of the Partnership

Leila and Alex recount how they met Sharran over a Zoom call, which initially seemed unconventional but quickly evolved into a strong friendship and professional relationship. The founders were impressed by Sharran's track record, particularly his success in scaling businesses.

Alex (00:57): "Sharon Srivata... is the Michael Jordan of the real estate industry."

3. Sharran's Impressive Background

Sharran Srivatsaa brings a wealth of experience, having successfully sold a real estate company for $3.4 billion. His journey from an immigrant background to becoming a prominent figure in private equity and real estate investment showcases his expertise and resilience.

Sharon (08:03): "I wrote a senior paper in computer science and pitched it at a programming contest at Berkeley, which led to my first startup experience."

4. Complementary Skills and Shared Values

Leila and Alex highlight how Sharran's multifaceted skills complement their own, creating a powerful leadership trio. Sharran's deep knowledge in marketing, investing, and operations aligns seamlessly with their vision for Acquisition.com.

Layla (05:41): "You're really great at marketing and brand, you're really great at investing, and you're really good at operating."

5. The "Barrel" Metaphor Explained

The founders introduce the "barrel" metaphor to describe their business structure. Each "barrel" represents a core leader with unique skills that, when combined, amplify the company's capacity and potential.

Sharon (22:16): "Alex can make anything up and Layla can make anything happen. And that is a really powerful combination."

6. Seamless Onboarding Process

Sharran's integration into Acquisition.com was swift and effective. He proactively engaged with team members across the organization, quickly understanding the company's dynamics and contributing meaningfully from day one.

Alex (35:00): "Sharon just was like, okay, I'm going to meet every single person who works@acquisition.com... He was like, I understand what's going on now."

7. Impact on Team and Operations

The addition of Sharran has significantly lightened the operational load on Leila and Alex, allowing them to focus on strategic growth. Sharran's expertise accelerates decision-making processes and enhances the company's scalability.

Alex (32:48): "Sharon is making everything feel lighter... allowing us to pursue opportunities we couldn't handle alone."

8. Vision for Acquisition.com 3.0

Looking ahead, the trio envisions Acquisition.com 3.0 as a platform that not only supports their internal growth but also delivers direct value to their vast audience. This phase aims to bridge their expertise with the needs of millions, fostering a more interactive and impactful business model.

Layla (48:52): "I'm excited to build acquisition.com 3.0."

9. Building a Strong Company Culture

A significant theme throughout the episode is the emphasis on building a company culture based on mutual respect, shared values, and effective communication. The founders stress the importance of having team members who are not only skilled but also align with the company's core values.

Leila (16:01): "Anybody that we work with doesn't just have this one area... they also can build a great business, they're great to their team, they're great to their clients."

10. Lessons and Advice for Entrepreneurs

Leila, Alex, and Sharran share valuable insights on forging successful partnerships, effective onboarding, and scaling businesses by leveraging complementary skills. They advocate for focusing on long-term relationships and ensuring that new partners enhance the company's overall capacity and vision.

Alex (20:06): "Tron felt very much worth the risk because I think what we're going to do together is going to be really big."

Notable Quotes with Timestamps

• Leila (00:02): "The fastest way to become the person you want to be is really to surround yourself with the people that give you no choice but to become that person."

• Alex (00:57): "Sharon Srivata... is the Michael Jordan of the real estate industry."

• Sharon (22:16): "Alex can make anything up and Layla can make anything happen. And that is a really powerful combination."

• Leila (16:01): "Anybody that we work with doesn't just have this one area... they also can build a great business, they're great to their team, they're great to their clients."

• Alex (20:06): "Tron felt very much worth the risk because I think what we're going to do together is going to be really big."

• Sharon (54:22): "It's doing it with great people is what makes you have the ability to outwork everyone else."

Conclusion

Episode 285 of "Build with Leila Hormozi" marks a significant milestone for Acquisition.com with the strategic onboarding of Sharran Srivatsaa as President. The founders articulate the profound impact of this partnership, underscoring the importance of complementary skills, shared values, and a robust company culture. As they embark on the journey towards Acquisition.com 3.0, listeners gain invaluable insights into scaling businesses, forging meaningful partnerships, and building an unshakeable enterprise.