Why Cash Is Like Oxygen In Business | Alan Murray
The GaryVee Audio Experience
Gary Vaynerchuk
4.8 • 18.1K Ratings
🗓️ 6 February 2024
⏱️ 29 minutes
🧾️ Download transcript
Summary
Today's episode of the GaryVee Audio Experience is an awesome interview I did with lifelong journalist, and CEO of Fortune Media, Alan Murray! We discuss his beginnings as a journalist for the Wall Street Journal, the challenges people go through to better themselves, how to build the biggest empire while keeping an emotional framework, and much more! Enjoy!
THINGS I TALKED ABOUT:
Importance of cash for business sustainability
Significance of attention as a business asset
Alan Murray's career in journalism and entrepreneurship
Insights from "Tomorrow's Capitalist" on business and societal impact
Evolution of corporate responsibility towards societal impact
Role of empathy in business leadership
Corporate sustainability and climate change actions
Diversity, equity, and inclusion efforts in workplaces
Economic trends influencing business strategies
Businesses' role in addressing societal problems
Transcript
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| 0:00.0 | Attention is the number one asset. |
| 0:04.0 | We will do what the consumer thing happens, but when the going gets tough, |
| 0:08.0 | the cash is of a business, is the oxygen. you can be the most ideological epic awesome person and by the way you know this this is the biggest insight the humans are saying this |
| 0:21.0 | but what happens when the humans themselves act differently when the going gets tough? |
| 0:26.0 | Vainer Nation, how are you another exciting episode of the Gary V audio experience with a man that some of you already know and many will |
| 0:35.8 | discover and I think this conversation is going to go quite well we just laughed |
| 0:39.8 | we had one second before we went on I said anything you want to talk about it you want to talk about. I'm like, good, this is going to be a great. We're going to be able to do a lot. |
| 0:47.0 | I want to let the guests take the first minute or two to create the context with the audience. |
| 0:53.7 | I always want to make sure that they can position |
| 0:57.2 | the context the way they want. |
| 0:58.6 | So why don't you fire away and tell the Vainer Nation |
| 1:01.0 | about who you are and yourself and your career and then we'll go into it. |
| 1:04.4 | Well I'm a lifelong journalist and also to some degree a lifelong entrepreneur. |
| 1:10.4 | I started my first newspaper when I was nine years old. I stayed in, you know, edited my high school newspaper, college newspaper, worked many years at the Wall Street Journal, ran the Washington Bureau, did a few years doing |
| 1:27.5 | his show at CNBC, then came to Fortune and I'm now the CEO of Fortune. |
| 1:33.3 | So it's a fairly consistent storyline. |
| 1:36.3 | It's not too confusing. |
| 1:41.4 | I suspect the reason I'm here, Gary, |
| 1:44.3 | you'd have to tell me that, but I suspect the reason I'm here |
| 1:47.1 | is because of a book I've written recently |
| 1:48.9 | called Tomorrow's capitalist. |
| 1:51.0 | It was my attempt to try and get my head around what was going on, why I was hearing |
... |
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