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The GaryVee Audio Experience

A Keynote: AREAA

The GaryVee Audio Experience

Gary Vaynerchuk

Business, Marketing, Entrepreneurship

4.818.1K Ratings

🗓️ 19 November 2017

⏱️ 45 minutes

🧾️ Download transcript

Summary

Even though this keynote is a little more niche than I typically go, I loved diving into the Q&A's here. We chat about crypocurrencies, the blockchain, real estate and a ton more. One point that I like to emphasize here is that a lot of you have never experienced the market when it was running low - once you experience that, you'll understand the tough points of being an entrepreneur. Hope you love this one, we get down and dirty in it. Enjoy ;)

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Gary V. Audio Experience.

0:04.0

Because we're gonna be legends!

0:07.0

You're not a real player until you get punched in the fucking face.

0:19.0

I said, Tiel, how'd you do it in such a short period of time?

0:22.0

Where do you get the energy? And Gary, you can tell the audience here

0:26.0

what do you want to be here every single day?

0:30.0

First of all, thanks for having me.

0:32.0

I think to answer the first part, my big thesis in building the businesses that I built,

0:37.0

which is predicated on the following structure.

0:41.0

Do I believe that I know what the consumer is gonna be doing in three or four years

0:46.0

that most people around me do not believe?

0:49.0

Am I able to build a business that can stay alive for the next four to five years?

0:55.0

So that when the market comes to me, I'll be the biggest leader.

0:59.0

I spent more money building winelibrary.com in 1996 than my family business had in profit the year before.

1:07.0

And if I was wrong, that I couldn't grow sales by you walking in the store and selling you an extra case of wine,

1:14.0

then I would have lost.

1:16.0

But my thesis of building businesses, it's no different than really buying property.

1:22.0

Like you have to see where the market's going.

1:25.0

Some of the one day said, fuck it, Dumbo is gonna be big eventually.

1:29.0

I'm gonna pour these dollars in and I'll monetize in a long term.

1:33.0

The reason I launched the e-commerce wine business in 1996,

1:37.0

the reason I was an early investor in Twitter and Facebook and Tumblr and Uber and things of that nature is,

...

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