Deep vs Wide Networks
Share
A discussion on the strategic value of building deep, meaningful relationships with a small group versus maintaining many surface-level connections.
Wide vs Deep Networking Strategy
-
Wide Strategy:
- Many light connections and loose ties
- Lots of acquaintances
- Limited depth in relationships
- Less reliable when you need help
-
Deep Strategy:
- Focus on 10 or fewer close relationships
- Build implicit trust
- People who would "go to war for you"
- Ability to share sensitive information freely
- Can count on them when needed
Benefits of Deep Strategy
-
Information sharing
- Can discuss sensitive topics (compensation, deals, etc.)
- Open dialogue about business strategies
- Comfortable asking for help or advice
-
Deal Flow
- Priority access to opportunities
- Willing to vouch for each other
- Put credibility on the line for one another
Implementation Methods
-
Create immersive experiences
- Avoid short zoom calls and meetings
- Plan longer, meaningful interactions
- Share unique experiences together
- Examples:
- Road trips
- Attending events together
- Extended stays at properties
-
Property Strategy
- Have a location outside major cities
- Invite people for extended stays
- Creates environment for deeper connections
- Examples cited:
- Chris Sacca's Tahoe cabin
- Vivi's LA property
- Cowboy Cerrone's Denver location
Key Principles
- Quality over quantity in relationships
- Invest time in fewer, stronger connections
- Create environments conducive to building trust
- Focus on shared experiences over transactional meetings
- Build relationships on your own terms and territory
22:15 - 24:12
Full video: 01:01:11SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.