How to Keep Your Startup Competitive
The GaryVee Audio Experience
Gary Vaynerchuk
4.8 • 18.3K Ratings
🗓️ 10 October 2014
⏱️ 12 minutes
🧾️ Download transcript
Summary
#QOTD: Who is the biggest influence in your life right now?
As an entrepreneur, I default into assuming it's always going to be competitive. It doesn't matter if "nobody is in your space" because if you're any good, and you've figured something new out, EVERYBODY is going to be in your space eventually.
To me, competition between startups is the same old game: Better product, better service, better execution. Those are the things that will drive your business.
When you're David, you shouldn't play Goliath's game. When you're Goliath, you should CRUSH David.
Here's an example: Did anybody think it was weird that, for three years, I NEVER mentioned VaynerMedia. The truth there was that my size (or my lack thereof) was my advantage, and I couldn't let these other big guys know how huge we were getting! I was learning the landscape. Now that we've got the money and the scale to compete, you'll see that I'm talking about it more.
The important thing is to NEVER PLAY THE OTHER PERSON'S GAME.
Transcript
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| 0:00.0 | On this episode, I talk about influencers, |
| 0:03.6 | I talk about the law, and we hear fire engines. |
| 0:09.6 | You keep asking questions, I'll keep trying to answer them. |
| 0:16.6 | Hey everybody, this is Gary Vay, NERCHAK, |
| 0:18.6 | and you're watching the Ask GaryVee Show episode number 28. |
| 0:22.9 | Fun fact about the number 28. |
| 0:24.9 | That is AJ's birthday, January 28th, |
| 0:27.2 | and it is the single number that I made the most money |
| 0:29.8 | on roulette in my entire life. |
| 0:33.0 | So obviously a couple episodes ago, |
| 0:34.6 | we did a live audience kind of play when I was at an event, |
| 0:37.3 | so I decided to try it out one more time |
| 0:39.7 | right behind the piggyback. |
| 0:41.0 | Little quick note, I know a bunch of you expect me |
| 0:43.0 | to be really sad since I was sad a couple episodes ago |
| 0:46.1 | after a jet's loss, and the jet's loss 31 to nothing yesterday. |
| 0:51.0 | But Steve, as you know, very close to the prediction I made |
| 0:53.8 | of 37.7, you're noticing a happy energy today |
| 0:57.1 | because here's the difference. |
| 0:58.5 | A lot of you who sat through Wine Library TV years |
| 1:00.9 | and the jets know that when I decide the season's completely |
| 1:04.0 | over, actually not that upset. |
... |
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