Build with Leila Hormozi What I Learned From Hiring Our New CEO | Ep. 342
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Mar 16, 2026 
Sharran Srivatsaa, entrepreneur and partner at Acquisition.com stepping into the CEO role, brings operational scaling and leadership focus. They discuss the leadership transition, written memos to capture vision, three-year/one-year/90-day planning, using AI to draft long-term vision, and building category-leading businesses and media-driven brands.
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Why The Leadership Change Happened
- Leila announced Sharran's promotion from president to CEO and her move to executive chairwoman to create capacity and clearer focus.
- She described feeling able to breathe after Sharran joined nine months earlier, enabling launches like ACQ Ventures and ACQ RE.
Write The Vision Then Workshop It
- Write your vision down and iterate on it with partners to convert an ethereal idea into a tangible plan.
- Leila and Sharran use memos: write, review, critique, and workshop until assumptions are exposed and refined.
Make The Three Year Vision Directional Not Literal
- A multi-year vision shouldn't be a rigid prediction but a directional strategy that defines what you will say yes and no to.
- Leila pairs qualitative imagery (team, brand, customer experience) with metrics like CAC:LTV to test if the vision is real.