#209 with Gary Vaynerchuk - Why NFTS Are the Future

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.8 • 2.7K Ratings

🗓️ 13 August 2021

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this episode Gary Vaynerchuk (@garyvee) joins Sam (@theSamParr) and Shaan (@ShaanVP) to give a master class on NFTs. Gary shares his predictions on the future of NFTs and how they'll be (eventually) used by everyone. He also talks about the growth of VaynerX, his love of garage sales, and the launch of VeeFriends & VeeCon. At the end, he shares the biggest lesson he learned from passing on investing in Uber (twice). --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (0:58) Intro * (5:14) The headcount growth of VaynerX * (11:44) On Shaan's Clubhouse prediction * (13:39) Gary's conviction to the game * (17:44) Shaan's first foray into NFTs * (19:53) Gary's prediction on the future of NFTs * (23:24) Revisiting the purchase of Michael Jordan's house * (28:03) The story of the Spirits of St. Louis * (29:21) The what, not the how, for NFTs * (32:53) VeeFriends and VeeCon * (39:24) On Gary's master plan to buy and grow existing brands * (43:28) How Gary thinks about creating content * (45:52) Putting wins on the board * (47:28) Missing on Uber

Transcript

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0:00.0	What's super awesome is like when you're putting the wins on the board, nobody even gives nobody wants to touch it
0:04.0	Then I keep going keep going. Nobody wants to talk to me
0:19.6	That was pretty uh that was intense 45 minutes dude sometimes you have high hopes for a guest and on this podcast
0:28.1	I've been disappointed
0:30.1	Today was not that day my friend. I love that. I had a great time honestly. We didn't even get to a we got to like
0:36.5	20% of the stuff I wanted to ask him about so we had Gary Vaynerchuk on the pod today
0:41.8	It was phenomenal whenever I leave so I've hung out with Gary maybe three or four times maybe three times
0:47.7	Whenever I leave his presence, I do feel better and a lot of people and I'll admit
0:53.1	I was one of those people years ago
0:54.8	I would be like oh this guy's just some loud guy who's selling nonsense
0:58.7	He's totally the real deal and I went to we talked about it
1:02.1	But I went to a dinner with him one time and he talked the entire time and
1:07.6	Most people would be like dude what the hell that was so rude and when I left I was like
1:12.3	I just want to continue listening to him right I want to continue telling stories
1:15.6	I love his point of view he's entertaining he that guy's intense. I love it
1:20.4	He does what we try to do he's been doing it for a long time which is business entertainment
1:27.0	It's the entertainment side of business where he you know he'll go to a garage
1:31.9	He'll make content that's like go into a garage sale buying things for a quarter and flipping them for $28 on eBay
1:37.9	And how that stacks up and how you can go from like you know $42 to $14,000 in a year if you just did this
1:43.9	And like obviously he doesn't need to do that anymore. He's got this agency with you know hundreds of employees
1:49.0	He's got you know he's got a bunch of stuff going on as far as his own business goes
1:54.4	But I like that
	...

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