Should You Take Risks in an Economic Crash?

The GaryVee Audio Experience

Gary Vaynerchuk

Business, Marketing, Entrepreneurship

4.8 • 18.1K Ratings

🗓️ 26 April 2021

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's episode is another GaryVee TV Classic, an interview from "Tea with GaryVee". During "Tea Time with GaryVee" a caller had a question about how he should be thinking about and operating his business given the difficult circumstances we are currently in. He was hoping to scale in the upcoming months but now is not sure if it's the right move or if he should go on the defensive. Gary had an insightful response on why it may be the right move for the caller to stay on the offense.

Enjoy! Let me know what you thought.

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P.S. As I mentioned in my intro, May is going to be a very very very very big month for a lot of people in this community https://www.garyvaynerchuk.com/how-to-make-a-cryptocurrency-or-nft-wallet/

Transcript

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0:00.0	Podcasts. Good morning. Good evening. Good afternoon. Hope you're bike ride.
0:05.4	Hope you're gym session. Hope you're walking dog is going well. Just want to say may fifth.
0:10.8	I'm coming soon may fifth. I am dropping a very very very big project. Please check out all my
0:16.3	social media specifically Twitter and Instagram where I'm pontificating, previewing, flirting,
0:23.4	but I'll put this way. Please make sure you go to GaryVinettriff.com and read the article
0:27.5	about crypto wallets. Make sure that you have a meta mask with at least one the Ethereum one
0:33.6	E in your wallet because this project is a hundred percent built to make sure my OG community
0:44.1	benefits from and I will be spending the next 45 years to make sure the investment you've made
0:49.2	into the project is a fruitful one not to mention the way I actually built it what comes along with
0:57.6	the NFC. So hope you hope you check that out. Please be prepared may fifth. If you don't have
1:07.2	a half a E at K a thousand bucks like start selling things in your basement, start selling some
1:13.0	other things may fifth. I'm telling you this is the GaryVio audio experience. Two years ago
1:21.6	started my own business with a partner of mine and as I tested and tried a bunch of things along
1:26.9	the way I found out what I was doing was actually what I really loved you know so I started a sales
1:34.8	and marketing business around architectural building products out here in Seattle so there's a lot
1:41.6	of a lot of action going there. I have a good strong network and and we were preparing for the last
1:47.8	four or five months to expand and go from the three employees to one employees so we are super
1:54.2	super new and and I was about to make the move this month and then all of a sudden you know is this
2:01.4	what I the biggest less than I've learned over this entrepreneurial journey is that it's it's uh
2:08.2	sure there's a lot of things that I know how to do and and I can analyze and I can get there but
2:13.6	there's this grit right that this entrepreneurial thing takes right there's this grit of like
2:21.5	I call it the stomach for it yes it's a different breed than people don't realize like
	...

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