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Hi, I am Gary Vaynerchuk! I'm the CEO of a 600+ digital agency, host of the #AskGaryVee Show, social media expert, serial entrepreneur, investor, former host of WineLibraryTV, and 3-time New York Times Best Selling Author. AMA!
Fresh out of college, I took my family wine business and grew it from a $3M to a $60M business in just five years by hosting a wine YouTube show. Now I run VaynerMedia, a 600+ digital agency, invest in companies like Facebook, Snapchat, Twitter, Tumblr, Uber, and Birchbox, and co-founded Vayner/RSE, a $25M investment fund.
I currently host The #AskGaryVee Show on YouTube, a Q&A show where I take questions via Twitter, Instagram, and Facebook about social media, entrepreneurship, startups, and family business based on my experience of building successful, multi-million dollar companies.
My latest book "#AskGaryVee: One Entrepreneur's Take on Leadership, Social Media & Self-Awareness" comes out tomorrow (3/8) and showcases the most useful, surprising, and thought-provoking questions from the YouTube show.
Book available here: https://www.harpercollins.com/9780062273123/askgaryvee
Read more about me here: https://garyvaynerchuk.com
Proof: https://twitter.com/garyvee/status/705517094893436928
*** Thanks guys! I'm done answering questions for now, but check me out on the #AskGaryVee show!
askgaryvee39 karma
Not only have I considered it, but I'm going to be actively doing stuff with it.
jordansideas16 karma
Hey Gary,
According to Wall Street, Facebook is currently 23 times more valuable than Twitter. Do you think this is a fair valuation, and if not, why do you think investors are erroneously thinking this way?
askgaryvee20 karma
I believe that that is a fair evaluation. I would actually put it at a higher multiple than that. I am extremely bullish on FB and think it is grossly underpriced.
*I'm a stock holder of both.
Fitnessisruined14 karma
I'm a personal trainer who is on my own journey to loose weight after an injury. I'm thinking about documenting this journey but at the same time i'm wondering "who wants to watch a fat personal trainer talk about fitness?". Any quick tips?
askgaryvee28 karma
The truth is undefeated. I think a ton of people would want to watch that journey because a ton of people are also going through that journey now.
conrad52113 karma
You could have done anything - why an agency? Not known for setting the world on fire in terms of revenue.
askgaryvee14 karma
Because I'm stunningly patient and I knew that scaling my strength as being a marketer would pay back dividends... it would help me scale all my other passions and goals.
LordStandley13 karma
Thanks for doing this Gary!
If you could choose one person to review and promote your new book, who would you choose?
Can't wait until tomorrow to get my hardcover and audio versions!
askgaryvee22 karma
That's a great question. That's a really good question...
Taylor Swift.
PB_hold_the_J12 karma
Gary,
I first came across the #AskGaryVee Show through Casey Neistat's Vlog. I wasn't a fan of your aggressive style of interviewing, but after a friend of mine told me to dive deeper I found the wealth that is your knowledge. In my opinion your show is much better when you're alone and don't have a guest.
MY QUESTION:
If you were dropped in the middle of a country where no one knows your name, who you are, what you do, what you're capable of, with nothing but the clothes on your back. That means no money, no phone, no internet capable devices of any kind. How would you make it back to Vaynermedia to have your Caesar salad with no dressing that trainer Mike has waiting for you?
badnewsbaron11 karma
Gary I'm at a mexican restaurant right now. They have margaritas. Do I get it frozen, or on the rocks? Regular, strawberry, or mango? I'm in some real serious shit, Gary. I need your advice Gary. The server is almost back. I can't tell her I need more time Gary, I just did that. Tequila is on the line here.
askgaryvee8 karma
I think it's a massively important community on the internet and has substantial marketing opportunities.... my team is embarking on some reddit ads and I'll have some more insights this summer.
taylornikolai10 karma
I'm a "Snapchat Influencer." How can I best leverage my influence right now?
askgaryvee20 karma
I'm not sure but email me at gary [at] vaynermedia [dot] com with how many views your getting and I want to collab. up!
OculusNYC10 karma
Hi Gary, totally enjoyed your talk at the 92nd St Y last night! What are your top criteria for the clients you choose and the business you pursue? Thank you!
askgaryvee17 karma
If they're willing to pay... lol the truth is we react to inbound opportunities. We got the only client I ever wanted, as our first client: the New York Jets
Newcicci10 karma
Hi Gary, is it me, or are you just EVERYWHERE right now? How has that come together? Was it planned? I'll be at your gig in Sydney next week, can I bring you wine?
quietandconstant10 karma
What new verticals do you see being the most profitable in the next 3-5 years?
DaRealMidnight10 karma
Hey Gary, any advice to a freshman who wants to start his own business after college?
askgaryvee34 karma
Make sure you use these next four years to learn a lot because you will never have this much downtime again. Do entrepreneurial things every day.
Cydonium9 karma
Hey Gary! First of, huge fan here, you're a big inspiration! Keep Hustlin' My question; I'm from an eastern european country and I've recently launched a local digital marketing agency. The problem I'm facing is stubbornness of business owners here. Many businesses here don't even own a website, let alone a more serious digital presence, even though it would benefit them tremendously. How do I get these people to change their minds?
Thanks
askgaryvee20 karma
By not selling to the unsellable.
Instead of focusing on people who can't be shifted, focus on the people who are flirting with it.
This is how I built vayner in 2009 we had a similar situation in the US.
venturecapital919 karma
Would you rather be able to sign mo and snacks or keep fitzpatrick?
xiloki9 karma
Regardless of how much it would cost, what do you think it would mean for the music industry if Google acquired Spotify? Do you think it would finally mean an all-in-one product for audio and video (ie integrating with YouTube)?
askgaryvee5 karma
Ummmmm...yeah. I mean, I dunno. Fine. I'm not trying to be mean to the question, I just think it would mean a more substantial competitor to Apple but I don't think it would be THAT much.
TheeSargent9 karma
What's your thoughts on Search Engine Optimization compared to Social Media?
askgaryvee13 karma
I think that I day trade attention and there's a better arbitrage on social media than SEO right now, but it depends on the business.
askgaryvee15 karma
No. There is a difference between the companies at the top and the bottom. What makes the difference in the companies that aren't at the top is the disproportional amount of people at the bottom.
wifiteacher8 karma
Gary Vee!!!
I am a teacher. My income is capped. Where do you see a market for teachers??
askgaryvee20 karma
For teachers to understand they're in the same place as athletes in the 50s. They need to find a way to make income in the summer through their passions and skills.
SportsBAMF8 karma
If you had to choose which platform to start on what would it be? Blogging, Podcasting, or YouTube Videos?
askgaryvee13 karma
I would reverse engineer my talents....
For me, I'm great on video, so I would start with YouTube. Know your strengths and work on the platform best for you.
gsnakedaily7 karma
What 3 skills should someone in their early 20s start developing and mastering asap?
Stated differently, what 3 skills do you believe will be the most valuable in the coming future?
Anaafi127 karma
How would you advise jabbing an executive on twitter you would like to connect with, and then bringing value to on an ongoing basis?
askgaryvee21 karma
By reading the last 100 tweets that he or she has put out to create context around what they care about / find out what they do outside of business.
samsheffer7 karma
Gary! Was good seeing you yesterday!
My question: what's your favorite spread to put on bread?
askgaryvee12 karma
Nothing now because of my trainer Muscle Mike but historically peanut butter.
1986JamesHetfield7 karma
Hey Gary,
I'm going to be a Dad in a few months. What is one piece of advice you have?
Also... shooooooowwwwwwwwww.
askgaryvee16 karma
You're gonna be scared at first, and that's okay. My advice is to just enjoy it.
kylelreed7 karma
So happy you are doing this and excited to get my books tomorrow.
Did you ever think about Franchising Wine Library? If yes, how would you have set it up? If no, why?
askgaryvee3 karma
I thought about it a lot. I never got far enough to figure out how I would set it up but ultimately my career took another turn with tech & investments.
SushiMakingRobot6 karma
Hey Gary! Long-time fan of everything you do. Congrats on the release of the fourth book. Can't wait to get my copy tomorrow!
Question: What's the best piece of advice you could give someone starting a new job as a social media manager at a CPG company? How can I make the biggest impact / best impression in the first week?
askgaryvee13 karma
By talking about sales and nothing else. Realize that social media is a gateway to a transaction not a fluffy thing or marketing jargon.
hollyac6 karma
What is the #1 most important thing to you when investing in a new company?
askgaryvee10 karma
A and B: (A) The jockey--the CEO and (B) I have to believe that the product is scratching an itch in the marketspace.
AlexSandalis6 karma
Hey Gary, been watching you since I was 17, 21 now. So a long time follower thank you for everything you do for us.
Is there anything you would trade a year of your life for?
Will you follow me on Snapchat and maybe Instagram? @alexsandalis
Bonus: My most popular piece on Medium titled 'Self Awareness' is largely result of what you taught me about the subject. It featured you and I thank you for unlocking that piece in me.
askgaryvee12 karma
first and foremost understand how difficult it is, it's outrageously competitive. Be ready to be in the top 1%
plzgivmecoke6 karma
If your blood were a wine, what year would it be, and would it get me drunk?
askgaryvee15 karma
1975 because that's the year I was born and you would get drunk on passsssssion!!!!
Wabes6 karma
What does your sleep pattern look like? When do you usually go to bed and when do you wake up? Do you have a morning routine that helps jumpstart your day?
askgaryvee8 karma
basically 12-6, core norm for sleep. jump start with the alarm then working out with mike.
rchittner6 karma
What do you use or recommend using to track social analytics beyond what is included on that network's site?
askgaryvee11 karma
i don't use other things outside of the site's native analytics. truth is, the sites are creating more than enough useful data.
askgaryvee12 karma
I know there is a search result that says it's 10 million I can assure you it is much larger than that.
The truth is this: I really don't know. truly. I mean that. I really really don't know. i know it's not 10 million. wine library alone is worth more than that.
askgaryvee11 karma
I think that if you're an entrepreneur, it's a bad ROI. If you want to be a consultant for a big firm, it's a good ROI.
Portmanteutally4 karma
You travel all the time. What are your must-have items, tips and tricks for being an expert road warrior?
chadchud4 karma
I'm a timelapse photographer and I'm wondering how to expand my business when clients want me to shoot their projects. I can train people but they still want to book me for me! Any suggestions to stop being a one man band?
askgaryvee7 karma
By not giving the option for people to book you. You're allowing your ego to trump the upside of your business.
padix4 karma
Your best advices to succeed in selling T-Shirt on Teespring with Facebook ads?
askgaryvee8 karma
were not sure but we'll run tests and hit you back with some data.
hit us up on may 3rd for the info!
epicPiglet3 karma
What do you think of the hypnotherapy market? for things like anxiety, good sleep, lose weight?
thanks gary, love the shoooooow
askgaryvee8 karma
I'm not sure because I literally don't accept the negativity.
But now that I think about it, when I was 18 the westin hotel wouldn't give us a room. I got competitive and wanted to be a baller because i had the money for the penthouse. they pissed me off when i was 18.
missnorthernbelle2 karma
Hi Gary, if you were to start a few subscription box businesses, which niches would you choose?
askgaryvee2 karma
a wrestling box i love wrestling and people are into it, the only box i will pay for is wrestling actually.
call it the squared circle!!!!
omenemo2 karma
Is there any media (books, videos, etc) you would recommend for people who want to run a company that is focused on human resources and improving company culture?
askgaryvee2 karma
I will be writing about that shortly... but the truth is I don't know. I don't consume stuff like that, so I just don't know. I'm sure there are people who do.
BenNieIV2 karma
How important do you think an elevator pitch is? And can we hear yours for Vayner Media? :D #FEWDM
askgaryvee6 karma
I do not think it's that important to the top investors of the world, but it is very important for second and third tier investors.
jwb71112 karma
Question: How do you balance persistent follow-up vs being annoying/rude? Whats your process for determining that? Thanks for all you do!
askgaryvee3 karma
Gut feeling. Everybody has a different gut feeling but your ability to use your gut feeling will be the variable for your success in that environment.
Molves2 karma
Love your videos! I am 39. Have a shit ton of experiencing and success advertising on Facebook. Just left my day job to start my own consulting company for promoting seminars. I am also working on 2 start ups, supplement company and small business marketing e-learning. Married with two wild boys, 4 and 2. Am I spreading myself to thin and should I drop shit and focus on one project at a time?
askgaryvee5 karma
I don't think so. I'm going on intuition here.
I think you should drop leisure, and go for it. There are moments and times in an entrepreneur's career when you have to sacrifice leisure for upside.
20dollerbill2 karma
Hey Gary,
Just want to know when you're going to play me one on one in basketball? I've upped my wager from 50 to 75 books.
Will travel.
askgaryvee3 karma
The truth is I'm not confident in my basketball game and I like to put myself in a position to win. Mike isn't letting me play right now. :(
Dexosaurus1 karma
Coming to see you next week in Sydney, excited!
You got asked a question in the last #AskGaryVee that I had a slightly different spin on: You grew Vayner Media really quickly - did you do this through acquiring smaller agencies and their clients, or was it completely through recruitment and sales?
StriveForExcellent1 karma
Gary, you talked on Lewis's podcast about being very self-aware of your strengths. Do you have any advice/resources someone could use to help them discover their biggest strengths?
askgaryvee2 karma
Check out this article I wrote: http://www.garyvaynerchuk.com/4-ways-to-find-out-what-your-strengths-are/
askgaryvee3 karma
I felt it was too much of a textbook. I also really struggle with reading and didn't want to go into the booth.... left a lot of money on the table.
askgaryvee2 karma
Keep everybody, but I know that's not proper. I think Snacks is the guy who's gonna walk. But awfully scared of Fitz walking....
totterman1231 karma
Who are the 2 people (not including your parents) you learned most from by watching?
1986JamesHetfield1 karma
Gary, what is your workout regimen these days? When the hell do you normally do your workouts?
askgaryvee2 karma
We normally do workouts at 6:15am weekdays and later on weekends. 1 hour workouts. 3 days of upper body, 1 day of lower, 1 day yoga, 2 days of cardio.
rdavemacdonald1 karma
We get asked a lot about Twitch and the attention it provides. I would love to hear your thoughts on esports. Does VaynerMedia look at Twitch for clients looking to capture Millennials attention? Thanks
askgaryvee3 karma
We've not done enough digging into twitch as we should, especially given my enormous attention to esports. WHICH IS A MISTAKE.
WhatDoesTaiLopezDO33 karma
What does Tai Lopez actually do?
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