My 2023 Takes on Running Businesses | DailyVee 625

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My 2023 Takes on Running Businesses | DailyVee 625

Gary Vaynerchuk 24.02.2023 29 902 просмотров 870 лайков

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Back with another episode of DailyVee! Today was one of those days that just gets me so hyped up about entrepreneurship, innovation, and creativity. First, I gave my hot takes on some theories when it comes to business. I would love to know your take as well on those questions, please let me know in the comments! Also, come take a true inside look at the creative challenge my team has right now, and why I once posted an upside down video lol! Music Credit: Cahoots - _91nova Right Time - Millie Go Lightly (intro song) Getting There - Justnormal Shangri-La - Basixx Rare Robot - VeeFriends — Thanks for watching! Join My Discord!: https://www.garyvee.com/discord Check out another series on my channel: Keynotes: https://www.youtube.com/watch?v=6vCDlmhRmBo&list=PLfA33-E9P7FCEF1izpctGGoak841XYzrJ NFTs: https://www.youtube.com/watch?v=AwMJ6bScB2s&list=PLfA33-E9P7FAcvsVSFqzSuJhHu3SkW2Ma Business Meetings: https://www.youtube.com/watch?v=wILI_VV6z4Y&list=PLfA33-E9P7FCTIY62wkqZ-E1cwpc2hxBJ Gary Vaynerchuk Original Films: https://youtube.com/playlist?list=PLfA33-E9P7FAvnrOcgy4MvIcCXxoyjuku Trash Talk: https://youtube.com/playlist?list=PLfA33-E9P7FDelN4bXFgtJuczC9HHmm2- WeeklyVee: https://youtube.com/playlist?list=PLfA33-E9P7FBPjdQcF6uedz9fdk8XKn-b — Gary Vaynerchuk is a serial entrepreneur, and serves as the Chairman of VaynerX, the CEO of VaynerMedia and the Creator & CEO of VeeFriends. Gary is considered one of the leading global minds on what’s next in culture, relevance and the internet. Known as “GaryVee” he is described as one of the most forward thinkers in business – he acutely recognizes trends and patterns early to help others understand how these shifts impact markets and consumer behavior. Whether its emerging artists, esports, NFT investing or digital communications, Gary understands how to bring brand relevance to the forefront. He is a prolific angel investor with early investments in companies such as Facebook, Twitter, Tumblr, Venmo, Snapchat, Coinbase and Uber. Gary is an entrepreneur at heart — he builds businesses. Today, he helps Fortune 1000 brands leverage consumer attention through his full service advertising agency, VaynerMedia which has offices in NY, LA, London, Mexico City, LATAM and Singapore. VaynerMedia is part of the VaynerX holding company which also includes VaynerProductions, VaynerNFT, Gallery Media Group, The Sasha Group, Tracer, VaynerSpeakers, VaynerTalent, and VaynerCommerce. Gary is also the Co-Founder of VaynerSports, Resy and Empathy Wines. Gary guided both Resy and Empathy to successful exits — both were sold respectively to American Express and Constellation Brands. He’s also a Board Member at Candy Digital, Co-Founder of VCR Group, Co-Founder of ArtOfficial, and Creator & CEO of VeeFriends. Gary was recently named to the Fortune list of the Top 50 Influential people in the NFT industry. In addition to running multiple businesses, Gary documents his life daily as a CEO through his social media channels which has more than 34 million followers and garnishes over 272 million monthly impressions/views across all platforms. His podcast ‘The GaryVee Audio Experience’ ranks among the top podcasts globally. He is a five-time New York Times Best-Selling Author and one of the most highly sought after public speakers. Gary serves on the board of MikMak, Bojangles Restaurants, and Pencils of Promise. He is also a longtime Well Member of Charity:Water.

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Intro

foreign what's good everybody dailyvee is just like super fun it's back I know a lot of you are enjoying it I'll try to give you everything that's Brewing I'm working hard on V friends and vaynerx and there's a lot going on and uh and I hope you learned something through the osmosis of the show and so enjoy I'm a purebred entrepreneur for real for real like documented sunshine foreign

Founder vs MultiTime Founder

foreign founder versus second or multi-time founder when I'm feeling good about life I can get excited about first time founder and all the best companies I love are first time Founders so I'm like [ __ ] here it is right when I'm a hair less excited about it boy show me someone who's actually executed it's a lot more fun founder with more technical skills or founder with more business skills number two and not even close by the way some people have both like zucks really had both by the way the reason I invested in Facebook was number two look I think it depends on the challenge brother like if we're doing a direct-to-consumer brand that really wants to take market share from Procter and Gamble it's definitely going to be business like if we're gonna go deep AI I'll go with the technical right and so to the point of where web3 is and AI is I can wrap my head more for the first time in a decade around a technical founder because some of the challenges in front of us are

Technical Founders

more technical worked at Fang or did not work at Fang you show me somebody who isn't the number one or two at one of those companies and is a number five seven thirteen nineteen and I'll show you the 1990 Bulls besides Michael Jordan I'm petrified of the number 11 from Netflix I actually don't invest in anyone who's number 13 at Apple because I view them as BJ Armstrong or Horace Grant for everybody who doesn't follow 90s basketball those were teammates of Michael Jordan when he won all the Championships then they went to other teams and signed huge contracts and contributed absolutely nothing I mean Horace granted a little something but

Family Founders

fair enough family members as Founders if you in this room find yourself to be extremely emotionally intelligent you're like [ __ ] this is what I have great intuition in EQ then all day long you invest in family businesses because you can snip it to 50 or 60 or 70 percent hit of it is it gonna work if you find yourself unfortunately not having that capability and you're more the black and white engineer other aspects you should stay as far away from family businesses as humanly possible

CoCEOs

co-ceos versus a single CEO two Cooks in the kitchen is the stupidest thing of all time probably out of all the questions so far the thing that I'm most emphatic about anybody who signs up to be stinks you know I'm sure there's unlimited stories of successful co-ceos that have worked it's just not my cup of tea and it's just not how I see what a CEO has to be to really win it's funny back to the cousin of that I'm not scared off by six co-founders but I just need to know who the number one is who's the 1A you can all be one piece you can have a thousand of them honestly you really could that's just Optics back to emotional intelligence I would argue sometimes a business I'd fall in love with is the 1A realized for what she or he's trying to achieve that she wanted to give four people the co-founding title because she's got this retention strategy over the next half decade so that doesn't bother me at all the actual Co scares me to no end comes from money

Money

or is starting from the dirt I used to be simplistic on this one where I liked the person from the dirt more because I always felt that if you were fed it's hard to be hungry so that used to be my answer now 25 of the time I can get excited about comes from money because I've seen too much patterns of like it's a chip on shoulder it's actually a motivator right like in Reverse they actually have a ton of admiration for people that build monsters that came from really good stitches like that's [ __ ] hard so I'm like 25 in that world I'm now 50 on the comes from nothing because unfortunately the people that come from nothing there is a bad version where the insecurity is so deep it is driving them but it often can die in the last inning or in the fourth quarter and that's scary that the insecurity eats them up it's a little bit like dark like Darth Vader should have actually won but did it you know because I was so fortunate that I had the greatest mother of all time and so I was built on self-esteem and I came from nothing it worked super well but over time I'm like oh wait a minute a lot of people weren't as fortunate as I was with that and it's their insecurity that's their driving force and look the reality is that it's not sustainable I don't think about things about tomorrow I keep an eye on don't focus on yesterday I try to change a lot of my friends and contemporaries and clients to get a way of being religious about yesterday so I'm a champion of today and metaverse is not here today in my opinion but I'm keeping a heavy eye on it no different back to transition of AI I looked at so many AI startups three four five years ago and almost all of them were API or fake AI they weren't AI now are you kidding me with this Jasper this and your chat GPD this and today I saw a headline about Google Music something that like boy oh boy oh boy are we here well now this becomes a conversation about today so I think AI is going to have a very nice rise here it's gonna be interesting to watch I consider it part of web 3 in some ways you know I think all these new technologies will probably get categorized that way and I'm excited about it but as far as the metaverse I really struggle seeing it not being a big part of life I just don't know if that's seven years from now three or 22. so I've always keeping a side eye on it while I focus on what to execute on today we need to find the next creative framework that everyone copies that's the new Mission at hand got it like remember the Instagram egg make that egg Let It crack and let me come out of it and start my video right because that's a historically known got it start using color schemes that haven't been used before palettes angles like there was a time where like I posted something on purpose upside down that seems like you messed up I was like no I'm trying to like that might be actually the answer thank you going to see Lebron in the garden with my main man Nima look at the kicks yeah rare robot see you later

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