#AskGaryVee Episode 127: What Keeps Good Bosses From Becoming Great Bosses?
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#AskGaryVee Episode 127: What Keeps Good Bosses From Becoming Great Bosses?

Gary Vaynerchuk 05.08.2015 41 059 просмотров 368 лайков

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#QOTD: What is your favorite thing about New York City? #Timestamps: 0:00 Intro 1:31 - What is the #1 thing that keeps "good" leaders from becoming great? 3:34 - What are your thoughts about the subscription box business model? Trend, change in behavior, sustainable long-term? 4:59 - What is the best way a college student can make supplementary income? 6:31 - What are your goals for VaynerMedia? Is there an end game? 7:49 - What are the daily decisions you've stopped making / put on autopilot in order to maximize your brainpower for the day? #LINKS 5 STEPS TO BEING A BETTER BOSS https://medium.com/@garyvee/these-5-steps-to-being-a-better-boss-are-so-obvious-f7c9156e6f1d MY NEWEST MEDIUM https://medium.com/@garyvee/the-single-biggest-mistake-my-employees-can-make-40fdb8554992 -- Gary Vaynerchuk builds businesses. Fresh out of college he took his family wine business and grew it from a $3M to a $60M business in just five years. Now he runs VaynerMedia, one of the world's hottest digital agencies. Along the way he became a prolific angel investor and venture capitalist, investing in companies like Facebook, Twitter, Tumblr, Uber, and Birchbox before eventually co-founding VaynerRSE, a $25M angel fund. The #AskGaryVee Show is Gary's way of providing as much value value as possible by taking your questions about social media, entrepreneurship, startups, and family businesses and giving you his answers based on a lifetime of building successful, multi-million dollar companies. Gary is also a prolific public speaker, delivering keynotes at events like Le Web, and SXSW, which you can watch right here on this channel. Find Gary here: Website: http://garyvaynerchuk.com Wine Library: http://winelibrary.com Facebook: http://facebook.com/gary Twitter: http://twitter.com/garyvee Instagram: http://instagram.com/garyvee Medium: http://medium.com/@garyvee

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Intro

on this episode we hang out in New York City and I keep it tight and firm you ask questions and I answer them this is the Ask Gary B show hey everybody this is Gary they ner Chuck and this is episode 127 of the Ask Gary ve show beautiful day here in New York City kind of a little muggy humid India you like it uh really excited about doing the show got a shoot out to Oklahoma City to uh to go give a speech and do some Consulting for a client of mine uh I know everybody who lives in Oklahoma city is going to be like hey Gary I'm flying in I'm flying out I'm sorry but hopefully I'll see you in the streets little high five action we are in the streets of New York City the rugged Upper East Side uh and uh I'm excited India so India let's get into the show Good job not bad a little F start but you got in there good job all right let's do it Josh asks what is the number one thing that keeps goodly leaders from becoming great the

What is the #1 thing that keeps "good" leaders from becoming great?

number one thing that keeps good leaders from becoming great uh very good question maybe a great question uh from Josh uh I think there's a couple things uh I think money I think money is a funny way to uh hampen a leader uh they're driven by that uh I think that uh emotional skill sets uh you know to be great at something you have to over index you just have to you have to be able to be great at it I mean you could be good basketball player he can be a great basketball player and a lot of that has to do with DNA and so I think a lot of natural leadership skills you know for me the reason I aspire to be a great leader is I truly focus on one variable and I want everybody to hear this and it's a very sneaky pillar of my life success which is when I think about you India or you drock or anybody that uh that I jam with in my world startups companies that I'm when I go to Oklahoma City the client I'm trying to provide 51 % of the value I really believe that and not because I'm this great human being because I think it's leverage I think that if drock feels that I'm slightly providing more value to him than he's providing to me financially upside in the future mentorship whatever it may be that that's going to make me a great leader a it's how he feels about me and B it's going to focus me on always trying to one up the next person and when you're a leader one-upping comes in many forms I'm going to continue to show you angles that you haven't seen about yourself right uh I'm going to continue to challenge you financially compensate you give you opportunities bring you to things one upping trying to provide more value to the other person and I think that uh I think a lot of great leaders are uh a lot of good leaders are 8020 for themselves I think extremely good leaders are 5050 I think great leaders start to go to the 5149 Direction Cindy asks what are your thoughts about the subscription box business model Trend

What are your thoughts about the subscription box business model? Trend, change in behavior, sustainable long-term?

change in Behavior sustainable longterm Cindy I think uh I think it's a great question I'm very bullish on it I mean I don't know if you know that you're talking to the person that wrote one of the first two checks into Birchbox uh angel investor in BarkBox in my own fund Vayner RSC we incubated only three companies Brave an incredible company uh resi an incredible company and our third incredible company is Faith box uh I really believe in it I don't know if it's a change in Behavior remember there was like the you guys are young old-timers remember there was like a Colombia house music subscription thing like subscription models have existed forever uh what's that pair company David and Harry and David's like you know basket of the month like wine of the month clubs like came from it's not a change uh I think that it's always been something that we as consumers want which is I'll pay one time just have it show up I actually think there's way more upside in it I don't I think that there's way more to go and I think the brands Allah bar foox that get into the lifestyle business into the media business have a real play and so I'm very bullish on it I do not think it's a fad it's clearly not a fad because of the month clubs have existed for a long time Shen asks what is the best way a college student can make supplementary income

What is the best way a college student can make supplementary income?

that's a tough question I don't love this question to be honest with you uh I think that there's 177,000 ways to make supplementary income you can babysit you can collect cans on the street and return it for deposits you can go garage sailing and flip it you can go to all the freelance sites in the world and do your thing if you can design or video uh you could become an Uber driver you can mow [ __ ] Lawns um like what kind of question is that India I think the answer to that question is the way you make supplemental income is to put in work go back thought you're going to tell him to quit school you can quit school too but I mean like that question stinks it does stink it's a stinky question and I'm not I'm sorry I know you watch the show I love you I'm this is straight Tough Love like it's a mentality thing not a tactical thing there's 8 billion ways to make money we're in goddamn America 99 or if you're not 98% of the countries in the world you can make money like go work at McDonald's all right from per champagne Club what are your goals for champagne Club per champagne Club oh that's interesting I wor like a champagne kind of yeah all right um what are they Perth champagne Club asks what are your goals for Vayner media is there an end game

What are your goals for VaynerMedia? Is there an end game?

there is an endgame I want to build the greatest marketing company of all time right and uh that is an evergreen business for me that I can deploy all my future activities around AKA when I own the New York Jets vayer media will be the marketing company that redesigns the logo that does the marketing plan to take more of the New York market share from the Giants back to the Jets uh to sell tickets uh while everybody's living in a virtual reality world and feel like they're playing and why would they go to the stadium uh so uh yeah I want to build it and it was one of the great I think it will end up being one of the great pillars of my business career the decision four years ago really six years ago but really four years ago to build an agency that scales my Skillet to build infrastructure around me to then enhance all my future take one step backwards cuz that's what vayer media was to build a client service business that was taking away from all my other Behavior one step backwards for two step forward dck you're too slow no fun press asks what are the daily decisions you've stopped making or put on autopilot in order to maximize

What are the daily decisions you've stopped making / put on autopilot in order to maximize your brainpower for the day?

your brain power for the day that's a great question thank you India and no fun press uh I'm going to blow your faces off almost all of them whoo W and what I mean by that is I fundamentally believe that I recognize for me that 99% of things don't matter I mean you guys roll with me how many you know right like what I don't care fine like think about the lack of micromanaging I do the lack of like being weird of like this that like you know like literally the only micromanaging I ever did was like when I would make Zach like you know Photoshop out my double chin during the fat years I mean like you know like I really really um believe that most things don't matter and so what I do is I you know put people in positions to succeed I recognize look I do believe that most people that do things for me or with me especially if they tasks that I can do don't do them as well as I do I'm like every other person with ego and skills and all that the problem is I recognize I can't do them all you know uh it's about how you look at them Dr Rock and I had an interesting conversation the other day on a different subject but it was like you can look at this or right and that's how I look at it I could do all these 29 things at an 11 or I can Outsource that and let all of them be eights and sevens and sixes and fives cuz they don't mean that much and I could focus on whatever's left for me and do it at a 37 and so or an 11 just to make the analogy proper so I think most things don't matter I go with my intuition to focus on what I should be doing uh that's it I I've been able to level up in my career by leaving my go at the door and recognizing that other people could do it better and if they don't do it better that their eight is as good as my 11 because the end result of the marketplace judging is and 8 and 11 is the same goddamn thing and my time and energy can be deployed against something bigger while optically back to the prior question we'll focus on something like Vayner media where holistically people thought a waste of my time I knew what my 25 year 40-year strategy was and so that's a scoop India another good day here in uh in the streets it's good to see the core team in place me Indi and dck all those other characters they can come and go question of the day what is your favorite thing about New York City you keep asking questions I'll keep answering them podcast alert uh outside of New York City decided to give you a little extra podcast love and here we go um how do you think you'd fair in aom sorry

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