# Why Do We Wait For Hard Times To Make Smart Decisions? [10/28/08]

## Метаданные

- **Канал:** Gary Vaynerchuk
- **YouTube:** https://www.youtube.com/watch?v=E-T0Aa3B8VE
- **Дата:** 27.06.2013
- **Длительность:** 3:46
- **Просмотры:** 1,711
- **Источник:** https://ekstraktznaniy.ru/video/19963

## Описание

Family 1st! but after that, Businessman. Just a guy that Loves the Hustle, People, wine and the NYJets.  Check out the new site, and tell me what you think at http://garyvaynerchuk.com.  

You can also find me on Twitter: http://twitter.com/garyvee. 
--
Gary Vaynerchuk is a New York Times and Wall Street Journal Best-Selling author, self-taught wine expert, and innovative entrepreneur.

Recorded on: October 28, 2008

## Транскрипт

### Segment 1 (00:00 - 03:00) []

hey everybody it's Gary vaynerchuk from Wine Library TV and garyvaynerchuk. com that's where we are right now and I really wanted to address this revision three thing I feel like too many people have asked me about it so address it but I'm going to address it more Global as you could tell by the title of this video um why do we wait for hard times to make smart decisions right and so everybody's talking about oh the economic meltdown and oh Gary you're so bull crap you're saying that things are good I am saying things are good and I'm going to tell you why for some reason it takes you know the news of Crisis or things of that nature to make people rethink stuff you know sometimes people have a death in a family or near-death experience and they relive their life mod you know they go a different direction or just more simple not as epic and large when you're running a business when the economy gets a little tougher you start making better decisions you start looking and so what revision 3 did in my opinion was just made some really smart decisions I mean let's I don't really know much about their epic food deal but let me definitely tell you about the shows that they canceled and what they did with me obviously the shows they canceled just weren't getting viewership and it was tough for them to monetize I mean you know that's what networks do all the time I mean obviously Martin sergeant and Sarah these guys are amazingly amazing you know internet superstars with a lot of track record and equity and so it makes big news but at the end of the day if internet Superstar pop siren weren't doing well they needed to cancel it because they were spending funds and money and effort and time on building something that they weren't able to monetize against something you should think about with your blog have you positioned yourself to monetize anyway it's like it's 10 o00 Do You Know Where Your Children Are anyway way um and with my deal you know wine liary TV was a distribution deal with revision 3 I mean what they had at the end of the day was the right to turn an episode of Wine Library TV into a smaller Reserve where Glenn would edit it down but that was a lot of work because you got to take a crapload of me and you know and then shrink it down to five minutes and you know that's just a lot of work and tougher to monetize because so much 90 something per of my traffic comes to Wine tv. com or actually iTunes as a m link up the iTunes link if you want to watch wine libr TV on iTunes we'll link that up for you right now so you know they weren't getting the mass of the traffic so it was hard for them to monetize it wasn't their own property at the end of the day I would have kicked my sorry ass off there too Heck if I was in the reverse it would have never happened in the first place you need to control your own game right I mean at the end of the day you know they need to make smarter and bigger and better business decisions and if the economy which I'm not so sold that that's the rationale made them you know shed their fat and focus on entities they own and can get Roi against that makes a hell of a lot of sense to M mod I mean there's no reason that they should not be able to monetize against me and spend all that time and effort so made a lot of sense I totally get where they're coming from I give them Kudos obviously for me on my end I've been pumping out nothing changed before or after I think Mt here is a little happy because he's got one less thing to do a day um obviously I had a lot of fun being a part of that platform it's a great platform and I wish those guys well and it helped me pick up new fans um and that's probably the downside but it's really no different than me stopping to upload from YouTube I mean wi tv. com has always been the home and the traffic but at the end of the day with the real question on revision 3 and everybody else is why do people wait for the tough times this is why such great businesses are built during these times this is why I keep telling you to go out and hustle and build something right now because you're going to be making really shrewd and sharp business decisions with real ways to monetize because there's not stupid money being flowed around or stupid theories or stupid decisions people are tighten up which means that it's going to be tighter stronger and better from a business model so kudos to revision 3 and I hope other people are going to start making really smart decisions because that's how you win and you know that's it make smart decisions whether the economy is good or bad
