5 Minutes of Advice to be More Successful | The Importance of Sacrifice
The GaryVee Audio Experience
Gary Vaynerchuk
4.8 • 18.3K Ratings
🗓️ 13 October 2024
⏱️ 6 minutes
🧾️ Download transcript
Summary
Over the past decade+, the definition of success has been skewed and muddled. To me, success is doing what you want, enjoying what you love, and waking up every day excited to do it. This is the message I've been sending for the past 10 years. In these 5 short minutes, I went deep into the fear of failure, the true definition of success, and the relationship it has with sacrifices. This will help change your perspective on what true success really means. Watch this twice, And enjoy your Sunday(:
Transcript
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| 0:00.0 | If you told the majority of the most ambitious kids in this room that they're only going to make a million bucks a year, |
| 0:05.8 | max in their career, they would think like they fucked up. And so I think success got reframed into crazy numbers. |
| 0:12.3 | Like you had movies coming out 15 years ago it's like you know what's better than a million a billion |
| 0:16.3 | Like you know it all got weird. I think people are confused out there. What success a million dollars ten million dollars A million dollars? A trillion dollars? |
| 0:24.0 | You get to decide what success is. |
| 0:27.0 | What are some of the things that you sacrifice to get where you are today |
| 0:32.0 | and do you think it's possible to reach a high level of business success without immense sacrifice? |
| 0:36.4 | Of course it's a possibility if you decide to define business success |
| 0:42.1 | at a certain level. I would argue that business that business that makes the founder $800,000 a year is an outrageously successful business. |
| 0:56.0 | The top 1% earners in America make $480,000 a year. |
| 1:00.0 | You're a top 1% success and at $800,000 a year take home from a small business, one does not have to sacrifice in the way that the question was posed, right? |
| 1:14.0 | At that level, you don't have to work 19 hours a day. |
| 1:18.3 | You can have 60 hour work weeks, 45 hour work weeks, achieve that level of financial success, |
| 1:25.0 | and still have family time and still have your mental health. |
| 1:29.0 | I mean, I don't think mental health has a number. |
| 1:32.0 | I know people that are struggling with mental health that have businesses that do 40,000 a year and I know people that have do not have mental health issues and have good, you know, content, happy peace of mind that run 300 million dollar |
| 1:46.3 | year businesses. So I don't think mental health has a direct attribute with size and scale. I think it goes back a little bit to |
| 1:55.2 | self-esteem, self-awareness. I also think for by show of hands because I see most of |
| 2:00.6 | you. How many of you in this class intuitively |
| 2:03.4 | believe like doing business or being an entrepreneur |
| 2:07.4 | is as fun to you as like playing sports |
| 2:09.7 | or watching TV or skiing or like it's like the most fun. |
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