Gary Vaynerchuk: Entrepreneur and Investor

Suiting Up with Paul Rabil

Paul Rabil

Sports, Business

5 • 1.2K Ratings

🗓️ 25 September 2017

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

"The reason most entrepreneurs can't beat me is they want to compete with me in math and I beat them in coloring." Gary Vaynerchuk's a serial entrepreneur and investor. He committed to early rounds, investing in Twitter, Uber, Venmo, Tumblr, and more. Gary's the CEO and co-founder of VaynerMedia and Vaynersports; both are agencies that service Fortune 500 companies and world-class athletes around the globe. Gary's rise to prominence began in the late 90’s after building the Wine Library, helping his father grow the family business from $4M to $60MM in sales. Today, he’s one of the most sought after public speakers, an active venture capitalist, and four-time New York Times bestselling author. On this episode we dive into the state of competition in sports, how Gary manages his employees, his latest move to sports agency representation, how he trades on people with energy, what he looks for in entrepreneurs, and his hatred for Michael Jordan. Additionally, Gary gives us two major 2018 predictions for media and sports. And I almost forgot, Gary wants to own the New York Jets. Suiting Up is a show that explores the psychology, playbook of tools, and strategies of the most influential people in sports, entertainment and business. Navigating each conversation, I do my best to unpack how world-class performers think, compete, improve, operate, invest, train, eat and sleep.

Transcript

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0:00.0	Welcome to episode 20 of Suiting Up Podcast. That is 20 consecutive Mondays of
0:08.6	dropping a new show and I appreciate all of you for tuning in and listening.
0:13.7	If you haven't heard of Gary Vanerchuk,
0:15.7	this week's guest, you're likely just not listening.
0:20.1	Gary's a serial entrepreneur.
0:23.2	He's invested in the likes of Twitter, Uber, Venmo, and Tumblr.
0:26.9	He's a CEO and co-founder of Vainer Media and Vainer Sports.
0:30.0	Both are full service agencies at Service Fortune 500 companies and athletes worldwide.
0:35.7	He recently co-starred in a role with Gueneth Paltrow, Jessica Alba, and Will I Am on Apple's first
0:41.0	original series called Planet of the Apps.
0:43.6	Definitely check it out.
0:44.6	His rise to prominence began in the late 90s
0:46.8	after building the Wine Library with his father and his family business
0:50.2	that they grew from four to 60 million dollars in sales.
0:54.0	And today is one of the most sought after public speakers on the planet.
0:57.4	He's a venture capitalist, a four-time New York Times best-selling author, even though he
1:00.9	tells us on the show that he never cracked a book until after graduating high school.
1:05.6	He's named to both Cranes and Fortune's 40 under 40 lists.
1:10.2	Although what jumps off the page for me is what Gary has done for entrepreneurship,
1:14.0	by far and away is the most active CEO on social media.
1:17.0	What you typically see are athletes being active in letting
1:20.0	the audience or their fans behind the scenes on social platforms.
	...

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