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The GaryVee Audio Experience

Why Patience is The Key To Financial Freedom

The GaryVee Audio Experience

Gary Vaynerchuk

Business, Marketing

4.818.3K Ratings

🗓️ 26 October 2018

⏱️ 14 minutes

🧾️ Download transcript

Summary

really think this clip from #askgaryvee with Tony Robbins can bring a ton of value to you -  you hear Tony and I talk about an ideal we have in common, that we both view the key to winning financially in life as being humble and not buying "dumb shit"... This is supported by one of my favorite original films, really breaking down why patience is the game in long term growth.

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Gary V. Audio Experience.

0:04.0

Cause we're gonna be legends

0:07.0

From the get their attention

0:10.0

For what you're in here, ain't just scary

0:14.0

I don't know, I don't talk about this often, but I've mentioned a couple times in the vlog

0:18.0

Both Wine Library, my family business and VaynerMedia were built out of horrible crashes

0:24.0

You know, I got involved in Wine Library full time in 1999

0:28.0

As I started getting going, 9-11 happened and the 2000 crash happened

0:32.0

And VaynerMedia was started in 2009 right on the back of all the issues

0:36.0

So for me, I'm a big fan of this and I will say one other tidbit

0:40.0

There's a lot of youngsters who are watching who are on the flip side

0:44.0

Are not sitting with debt, who are making some money being influencers

0:48.0

Have found themselves into some quick 50-100-that

0:51.0

Nothing will turn 50-thousand dollars in cash into millions of dollars quicker than a bust

0:57.0

Absolutely, let me talk

0:59.0

Well, bustly, participating in a bust

1:01.0

Right, so like, that's right

1:03.0

So here's something you might find this interesting

1:05.0

I am sitting on more cash and not because I've made more

1:09.0

I am actively sitting on cash right now

1:11.0

Because my hope is that there is a meltdown

1:13.0

And I can buy things for 20 cents on the dollar, 5 cents on the dollar

...

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