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The GaryVee Audio Experience

The Uncomfortable Truths About Being a Great CEO w Michael Ovitz | Dec 2, 2018

The GaryVee Audio Experience

Gary Vaynerchuk

Business, Marketing, Entrepreneurship

4.818.1K Ratings

🗓️ 11 December 2022

⏱️ 38 minutes

🧾️ Download transcript

Summary

Today's episode of the GaryVee Audio Experience is A throwback to a fireside chat I did in 2018 with Michael Ovitz! When you’re the CEO of a company, you deal with enormous pressure knowing that you’re the last line of defense. My entire day is about putting out fires. I have to deal with things like HR issues, client problems, even roof leaks (old news) and I love it. Really enjoyed sitting down with Michael Ovitz back in 2018 at Summit to talk about what it takes to be a CEO and running a business in a “post-internet” world.


Enjoy! Let me know what you thought!


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Transcript

Click on a timestamp to play from that location

0:00.0

Hey everyone, welcome or welcome back to the GaryVee audio experience.

0:04.7

We have an awesome episode for you today, but we just want to remind you before the episode starts that if you're listening to this episode on Spotify,

0:13.0

please leave your comments in the Q&A section under this episode.

0:17.4

If you're listening on Apple, Google, or anywhere in between, please tweet Gary at GaryVee.

0:23.4

Make sure you join the Discord to stay up to date on all things V friends.

0:27.4

And we hope you enjoy this episode.

0:29.4

This is the GaryVee audio experience.

0:34.4

If you're like me and you're over 40, you actually remember the world pre-internet,

0:41.4

which for a lot of people in here doesn't exist.

0:43.4

And so, from afar, you know, to be, and he hates when I pontificate about this, but when you are literally the leader,

0:53.4

the, you know, rainmaker of Hollywood during a pre-internet world,

1:00.4

you are not only at the top of Hollywood, you know, you're talking to somebody that thinks that Hollywood has been the great engine that has built the American brand over the last hundred years.

1:11.4

So, if you think about having a decade when nothing significant doesn't run through you or your organization,

1:19.4

it's really, there is no current comp in our society of like dictating culture

1:26.4

because the internet has amortized it out to a lot of leaders.

1:30.4

And so, when you think about, you know, four to five or six or seven individuals map to the level, you know,

1:38.4

it's not a money thing, it's an impact on culture and really just a level of power.

1:43.4

We just, there aren't a lot of individuals who've had a run on dictating what this country consumed and thus the world,

1:52.4

more than what Michael did at the top of CAA.

1:55.4

And what did you learn from him observing him the last, you know, 20 years?

1:59.4

Being obnoxiously powerful is cool. I'm kidding, I'm kidding, I'm kidding.

2:04.4

I think, I think what, I think it's a little bit different, actually. I have a very nuanced answer.

...

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