Graham Weaver: How to Scale Bright Spots, Overcome Limits, and Achieve Asymmetry | E141
In Search Of Excellence
Deep Dive
Why did Graham Weaver decide to hire an executive coach during a challenging period in his career?
He realized the need for self-improvement and believed that hiring an executive coach would help him become a better leader. The coach, JP Flom, was life-changing as he helped shift Graham's mindset and realize that he was in the talent business, not just private equity.
What were the three key lessons Graham Weaver learned from his first private equity fund?
He learned the importance of focusing on asymmetric opportunities where the upside is significant, rather than protecting against losses. He also realized the need for continuous improvement and the value of humility in investing.
What are the three promises that Alpine Investors make to their stakeholders?
Alpine Investors promises to be the number one performing private equity firm in the world (measured by net MOIC), to be the place where the best people want to work, and to be a force for social good.
How does Graham Weaver define the utility of money?
He believes that 95% of the utility of money comes from not having to worry about it. The peace of mind it provides is far more valuable than the status or material possessions money can buy.
What is Graham Weaver's advice for those motivated by money in their careers?
He suggests shifting the focus from material possessions and status to the peace of mind that financial security provides. This shift can lead to greater happiness and reduce the amount of money needed to achieve contentment.
What is Graham Weaver's approach to time management?
He emphasizes the importance of aligning daily activities with long-term goals by scheduling time for key priorities on the calendar. He advises against letting email dictate your day, as it often distracts from what truly matters.
What is the significance of 'scaling bright spots' in Graham Weaver's business strategy?
Scaling bright spots means identifying what's working well in the business and doing more of it. This approach focuses on strengths and successes, leading to more efficient and effective growth.
What was the biggest regret Graham Weaver shared about his career?
His biggest regret was missing out on some early moments with his children while he was focused on building Alpine Investors in its early years.
What is Graham Weaver's view on the role of persistence in success?
He believes persistence is the most important trait for success. It has been the key factor in his own achievements, allowing him to overcome challenges and continue improving over time.
What is Graham Weaver's favorite book and why?
His favorite book is 'How to Win Friends and Influence People' by Dale Carnegie. He finds its content life-changing, particularly for its insights on building relationships and influencing people, despite its outdated and sometimes sexist language.
- 95% of money's utility comes from not worrying about money.
- Material possessions and status provide little long-term happiness.
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