Placeholder Image

Subtitles section Play video

  • - [Announcer] How do you break out of your comfort zone

  • so you can take the right action?

  • The CEO of Kingston Lane

  • and a sought-after keynote speaker, Sharran Srivatsaa.

  • Sharran has taken his company, Teles Properties,

  • to 3.4 billion dollars in five years.

  • Today, Dan Lok interviews Sharran

  • on the science of breaking out of your comfort zone.

  • (upbeat music)

  • - Credentials-wise, took a company from 300 million

  • to over 3.4 billion dollars in less than five years.

  • - Yeah.

  • - How many people on the planet have done that?

  • So I'm very very excited.

  • Welcome to the show, Sharran.

  • I appreciate it.

  • Share with us a little bit about your background

  • for our audience who doesn't know you.

  • - You will love this story.

  • I may not even have shared with you.

  • So the first job that I got,

  • I was really embarrassed to have a job

  • because I came from a decent middle class family

  • and the only job I could get was a janitorial job.

  • So I was mopping floors

  • and I didn't want my classmates to see me mopping floors.

  • So I took the midnight to 6:00 a.m. shift.

  • And I'm mopping floors and this older janitor tells me,

  • "Sharran, your English is not that great.

  • "I suggest you go get some

  • "language tapes." - English, yeah.

  • - Language tapes. - Language tapes, yeah.

  • - So I go to the library,

  • I ask for a language tape.

  • She says, "Well I have Mandarin, I have German,

  • "I have Japanese but I don't have English."

  • But she hands me an audiobook.

  • She's like, "Try the audiobook.

  • "This will at least get you going."

  • The audiobook was Unlimited Power by Tony Robbins.

  • - [Dan] Oh, wow.

  • - So the only way I know how to speak

  • is yelling and screaming because I heard Tony,

  • mopping floors six hours a day.

  • So my introduction,

  • learning English was from Tony Robbins.

  • - Still that exposed you to the personal development,

  • self-growth world, right? - Right.

  • It was not all rosy.

  • I remember my early days

  • and as international students I showed up on day one.

  • I went to financial services,

  • I handed them my one check that my father gave me.

  • I was so proud.

  • And she hands me my dorm room key.

  • She's like, "Sharran, welcome."

  • And then she tells me, "Hey, it's an international check.

  • "It's gonna take 10 to 14 days to clear.

  • "So come back and see me in 14 days."

  • So I had no money for 14 days.

  • I didn't have money to buy food for 14 days.

  • I remember this day vividly.

  • Two days in, I had not eaten for a while

  • and I was walking down campus.

  • I saw this dumpster

  • and I saw a couple people throw a couple of pizza boxes

  • into this dumpster.

  • I mustered the courage.

  • I jumped in.

  • I grabbed the pizza boxes and I ran to my room.

  • I was like, wow.

  • I made it, this is good.

  • I had a couple slices of pizza.

  • Next day, I was still hungry.

  • And this is a true story,

  • it was late at night and I saw two guys

  • throw Subway sandwiches into this dumpster.

  • I said, today's a bonanza.

  • This is amazing.

  • This is better than yesterday.

  • Then I jump in,

  • I grabbed the Subway sandwiches,

  • I grab a box of Pop-Tarts.

  • Then suddenly something whacks me in the face

  • and I start bleeding.

  • There was a raccoon. - Oh, wow.

  • - In the dumpster with me.

  • Like an eight by 10 dumpster.

  • And fight or flight kicks in.

  • - Yes.

  • - I grab the box of Pop-Tarts,

  • I grab the Subway sandwich,

  • I kick the raccoon,

  • and I run.

  • I just jump out and I run.

  • And that's when I realized

  • if this is rock bottom,

  • if this is the baseline,

  • I can take a lot of risk in my life.

  • And a lot of times I think we all,

  • I just talked about this before the show came on,

  • is that we work in this band of safety

  • and knowing that I can expand the band,

  • knowing that I can take more risk,

  • allows us to do more, be more.

  • - Sometimes I say to people,

  • when you hit rock bottom,

  • you can't fall any,

  • you can't do any worse.

  • You already hit rock bottom. - Right.

  • - It's like, sometimes I notice people,

  • they say they're struggling financially.

  • They say, "I've got no money.

  • "I've got only a few hundred bucks, a thousand bucks.

  • "I don't want to invest in myself.

  • "I don't wanna make a change."

  • I'm like, you already hit rock bottom.

  • What difference does it make?

  • Seriously, what difference does it make.

  • Right? - Yeah.

  • - Invest that $1,000, 2,000.

  • Whatever it is.

  • Buy that book.

  • You can't fall under this.

  • So it's something very interesting.

  • So what was the turning point?

  • From that point on,

  • how did you get into business?

  • - So what I didn't have was,

  • all I knew I had was this ticket,

  • this one check for the one year of school.

  • I had to come up with three more years of university.

  • And so I needed to do something

  • and the funniest story was,

  • I walk into my dorm room on day one.

  • And this was old school.

  • We didn't have Wi-Fi back then.

  • They just wired the dorm rooms.

  • And I realized that the plug to the internet

  • and the bed, I'm sorry,

  • the desk was 13 feet long.

  • So I said,

  • "Everybody in these dorm rooms

  • "are gonna need 13 foot long cables."

  • So I drove to Minnesota.

  • I bought as much cable as my roommate's credit card

  • would actually--

  • - Other people's money? - Other people's money.

  • - OPM. - Zero investment.

  • - I love it, I love it.

  • - And we bought so much cable.

  • I didn't have clothes.

  • So I put all the cable in my closet.

  • We sold cable at $3.00 a foot.

  • We made $57,000 in three weeks.

  • - Wow.

  • - And that, even before school started,

  • that paid for the school for the next year.

  • So me and my roommate split 50/50.

  • His parents were like,

  • why did you charge $20,000 at this credit card?

  • And we paid it all back.

  • But we made $57,000 in three weeks

  • and that was the beginning of,

  • oh my goodness.

  • We have such a-- - Closing in

  • on entrepreneurship.

  • - We could,

  • if I can sell Ethernet cable,

  • I can do anything.

  • - So you saw a need, a marketplace,

  • you just went for it.

  • Combined that with some skills,

  • some closing skill.

  • Not much closing skill.

  • It's just, "Hey, you wanna buy this?"

  • Right? - Yeah.