Why Networks are Your MOAT and Competitive Edge (And How to Build Them?) | Alix Pasquet's Triad Strategy
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In this special episode, I share transformative insights on the power of networks, heavily inspired by the wisdom of Alix Pasquet, a Managing Partner at Prime Macaya Capital Management.
I dive into his framework for understanding how your network acts as both a critical competitive moat and a vital margin of safety in investing and business.
Key topics covered, largely learned from Alix Pasquet:
- Why your network is your strongest competitive advantage
- The "Triad" strategy for building powerful connections, a concept deeply influential in Alix Pasquet's thinking
- How to become "important" to the right people
- The importance of generosity, persistence, and long-term thinking in networking
This episode is filled with actionable advice and mindset shifts, largely shaped by the principles I've learned from Alix Pasquet.
Whether you're an investor, entrepreneur, or simply looking to expand your circle, you'll gain valuable insights on building a network that compounds over time.
I hope you enjoy it.
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Timestamps:
00:00:00 - It doesn’t matter where you live
00:01:26 - Why networks are a competitive edge
00:05:08 - You don’t need too many people to become an excellent investor
00:06:09 - The network behind great investors (not just brilliant thinkers)
00:08:13 - The Private Whisper Network
00:09:56 - The culture of "talk to him, talk to her"
00:11:42 - The power of the Triad
00:15:49 - How to start building your network (even if you feel unimportant)
00:19:44 - Find shared missions
00:21:19 - You don’t need to be famous; you just need to be consistent
00:23:10 - Small acts of leverage
00:25:49 - Truly busy, high-agency people, the ones you admire, didn’t get there by giving up after two tries
00:27:09 - Do your homework by knowing their thinking, their portfolio, their recent exits, and struggles
00:30:35 - Mentorship is often where most accomplished people find the most joy
00:31:57 - Don't burn your early mentors
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Follow Mikk/PrivatEquityGuy on Twitter: https://x.com/PrivatEquityGuy
Alix on Twitter: https://x.com/alixpasquet
This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
78 episodes