# INVESTING IN THE LONG GAME | DailyVee 179 ## Метаданные - **Канал:** Gary Vaynerchuk - **YouTube:** https://www.youtube.com/watch?v=WsB9U9kSXUc - **Дата:** 07.03.2017 - **Длительность:** 8:29 - **Просмотры:** 73,652 - **Источник:** https://ekstraktznaniy.ru/video/18938 ## Описание ONE OF THE MISSIONS I HAVE HERE IS TO TEACH PEOPLE HOW TO BUILD BIG THINGS, HONEY EMPIRE. AND THE WAY YOU BUILD BIG THINGS IS CONTINUE TO INVEST IN THEM. watch all of my journey as an entrepreneur HERE: https://www.youtube.com/playlist?list=PLfA33-E9P7FA-A72QKBw3noWuQbaVXqSD — ♫ Sonder - https://soundcloud.com/sonder 💿 : DailyVee Selects:https://soundcloud.com/garyvee/sets/dailyvee-selects-vol-2 -- Thank you for watching this video. I hope that you keep up with the daily videos I post on the channel, subscribe, and share your learnings with those that need to hear it. Your comments are my oxygen, so please take a second and say ‘Hey’ ;). -- ► Subscribe to My Channel Here http://www.youtube.com/subscription_center?add_user=GaryVaynerchuk -- Gary Vaynerchuk is a serial entrepreneur and the CEO and founder of VaynerMedia, a full-service digital agency servicing Fortune 500 clients across the company’s 5 locations. Gary is also a prolific public speaker, venture capitalist, 4-time New ## Транскрипт ### Segment 1 (00:00 - 05:00) [] great meetings all day long um you know trying to create some metin to this episode Tyler otherwise you're going to have a tough time um editing it around like Vision I see like my I've been telling you I'm Triple H giv pedig good morning Instagram it's me Gary instead of a motivational quote or some sort of clip just wanted to go camera to face just tell you how much I appreciate all of you guys your attention means the world to me I'm humbled by the thousands of emails and DMS and and tweets and com coms on YouTube the value that I'm bringing to you and your uh your feedback is the value you bring to me just so thankful for everything that's going on and uh wish you guys the best week happy Monday it's going to be the best week of your life especially if you take it the blow by the horns just [ __ ] take contr control take it may we this is something I've spent a lot of time on because I was going to go right after it as a media company and this is this was it's such a natural for this company so anyway we should win this it'd be stupid not to so we should and honestly I think that's the punchline of this episode which is like look I think the thing that is uh really fascinating about this vog and about being an executive at this scale is there's some days that are enormously predicated on conversations that I can't share with the world but I can give you some themes I think the thing that people need to remember is you're going to if you're running a business you're going to either be financially based or in the short term or the long term I think one of the themes for me today is being an executive is I continue to be proud of the fact that I make decisions for the long term Because unless I'm looking to sell my business which I'm not um they're always going to be long-term games right so why make decisions you know so many of you are going to run into money for the first time this year and you're going to make 130,000 instead of 60,000 for the first time and what you're going to do is go buy stuff you're you know you've been waiting so long um this is a good way to cut in the you know the Ask Gary ve with Eric today right hey everybody it's Gary Bay Nerd Chuck and this is episode 243 of the Ask Gary ve show Eric Wall welcome to the show thrilled to see you my man he talks about getting used to patience I've learned more patience in the last 12 months than I've had to endure my w before we go into this phone call I'm glad sorry there in the last 12 months should I get comfy on the couch K my you intrigued me before we yeah what tell me that for his struggle with like loving every part of the journey or I've put in so much work don't I deserve now to cash in the sure I thought my brand was going to launch I thought that I've done the 10 12 years of Laing away doing 100 shows a year logging 250,000 miles in as soon as you went outwardly and did the videos and all this that you know dude [ __ ] man [ __ ] you can cash in anytime you want the problem is when you cash in and what do I mean by that I mean that the second you cash in you're taking money out of the kitty that can be in investing and you're con converting it into something short term which is your prerogative like do you but uh one of the missions I have here is to teach people how to build big things honey Empire and the way you build big things is continue to invest in those things and so today's themes were very heavy on how do I and why do I continue to invest in divisions agendas people stay the course stay the like it's all that and right but then the but being a somebody who's scaled so much in his life it's about the unscalable scalable yeah totally strategies um infrastructure departments I mean today was a full day of not being and you know it's funny you caught any of the film of me and Allen the CFO from afar perfect that meeting in the middle or the beginning day is very much short term here the financial realities ### Segment 2 (05:00 - 08:00) [5:00] you're dealing with you know can you afford to invest in everything and the answer is yes and no and so I think the balance of where you're going and what you want in the short term versus the long term is a difficult one for all of us but I do implore all of you that are watching I the more you can invest in the long term the more you will win you know very you know do a recall a little bit to Tony robbins's quote from askary ve about the market here 80% of those Corrections never become a bare Market they all correct back just like last year but if you sold you lose of course but then let's look at the crash crashes happen every 5 years on average we've gone eight without one that's why we're due for one and you're right to be somewhat prepared but while you're preparing there's opportunity that's happening because first of all every bare Market lasts on average a year goes down 33% but you don't lose 33 unless you sell it here's the one thing I want people to hear in two centuries of American Business every single bare Market was followed by a bull market so you remember 2008 people lost 50% 69% this is you know if you take the money out of the market over the long term you tend to lose if you decide to make more profit in your business this year because you want to buy something those are dollars you can't use to build your foundation and I think a lot of you are building very small businesses um or smaller than your ambition is because you need too much in the short term you're taking too much out in the short term and so I continue to be uh very um passionate and very focused on investing in the longterm um at the expense of some of the short-term luxuries maybe I can't have some of the things that I want but you know I've noticed some of you say like Gary V like it's cool to see you take a economy seat in a plane or it's super funny to not see you be fancy it's because I'm investing in my future you know if I go private jet for 15,000 in instead of economy for 500 that's 15,000 that I can invest in the longer term and so instead of having a private jet I end up with the New York Jets and so what's really important about you guys following this journey I hope what I hope my legacy is that you know not only am I talking in this rant about long-term investment but you'll be able to actually physically watch this over the next 5 to 10 15 years of what long-term investment means in relationships like my man Batman here um in in strategies of a lot of the behind the closed door meetings where today I made decisions that are not in my best interest short term um and really in just the way I live my life financially professionally and as a dude um really speaks to why I don't charge you guys for stuff I don't want your short-term dollars I want your season tickets to the New York Jets one day and I like