Podcast Summary
Learning from Gary Vaynerchuk's experience as a judge on Planet of the Apps: Gary Vaynerchuk enjoyed judging Apple Music's Planet of the Apps, found the other judges fun and the pace perfect, and was impressed by three apps: Companion, Jessica AR, and a cryptocurrency banking infrastructure app. He holds a mixed view on blockchain and cryptocurrency, recognizing potential but also overhyped ICOs.
Learning from Gary Vaynerchuk's discussion on his audio experience as a judge on Apple Music's TV show, Planet of the Apps, is the excitement and enjoyment he derived from the process. He found the other judges to be fun and the pace of the show to be perfect for him. The experience was a great learning opportunity and allowed for a deeper look into the app pitching process. Three apps that particularly stood out to him were Companion, an intriguing security app, an AR app named Jessica, and a cryptocurrency banking infrastructure app whose name he couldn't recall. Regarding blockchain and cryptocurrency, Gary expressed a mixed view, acknowledging both the real potential and the overhyped nature of many ICOs.
Dominated by Amazon, Apple, and Google, but room for new entrants: Flexibility and ability to pivot in response to market changes are crucial for success in the voice technology market
The voice technology market is expected to be a multi-player landscape, with Amazon, Apple, and Google dominating, but potentially with room for new entrants like Facebook. The success of mobile app startups, according to the speaker, depends on the founder's ability to adapt and iterate in response to market realities, rather than being wedded to an initial vision. Comparing the current voice technology market to the early days of the internet, the speaker sees potential for multiple winners, with devices becoming integrated into everyday life rather than being standalone gadgets. So, the key takeaway is that in the voice technology market, flexibility and the ability to pivot in response to market changes are crucial for success.
Leveraging Instagram for Musically's Growth: Focus on voice platforms for new app innovation and growth, as Musically gained popularity by allowing video sharing on Instagram with a branded label, introducing new dynamics for young females.
Musically, now known as TikTok, gained significant popularity by leveraging the existing platform of Instagram. They achieved this by allowing users to share Musically videos with a branded label, which created organic growth and a subculture among young females. This was the first major social network for the 8 to 13 age group, and it introduced new dynamics that were not previously seen. Currently, there are other apps like TVH and Marco Polo that are gaining attention, but nothing has caught on in a substantial way yet. For those looking to build the next big app, my advice would be to focus on voice platforms rather than mobile platforms. The opportunity for innovation and growth exists every day, and it's important to stay curious and open to new technologies.
The rise of audio content and AI/AR in apps: Audio content saves time and is on the rise, AI enhances online experiences, and AR transforms digital interaction.
Audio content, such as podcasts and live audio streams, is becoming increasingly important due to its time-saving and frictionless nature. This trend is expected to continue as audio content becomes more integrated into our daily lives, from our cars to our homes. Another significant development in the app marketplace is the growing importance of artificial intelligence (AI) and augmented reality (AR). AI will continue to enhance and personalize our online experiences, while AR will transform the way we interact with digital content. Gary Vaynerchuk, who shared these insights, also mentioned his upcoming book "Crushing It!" which focuses on personal branding and making a living through social media platforms like YouTube and Facebook.
From Paralegal to 7-figure Business Owner: The Power of Intuition: Intuition plays a key role in anticipating consumer behaviors and internal situations in the startup world, but there's no concrete advice on how to enhance it beyond understanding people better. Gary Vaynerchuk's upcoming book, 'Crush It! 2.0', offers an updated blueprint on building a brand across multiple channels with real-life success stories.
Building a successful brand involves self-awareness, intuition, and the ability to adapt to various platforms. Gary Vaynerchuk shared a story about Amy, who transformed from a paralegal to a 7-figure business owner by creating videos for her clients' businesses after watching his videos and reading his book. Intuition, being able to understand situations without explicit communication, is crucial for anticipating consumer behaviors and internal situations in the startup world. However, Gary admitted that he has no concrete advice on how to enhance or expand intuitive abilities beyond understanding people better. The upcoming book, "Crush It! 2.0," offers an updated blueprint on building a brand across multiple channels, sharing real-life stories of individuals who achieved success through similar means. The book is set to release on January 30 and will soon be available for preorder.
The Power of Human Connection and Gratitude: Spending time with others and practicing gratitude can foster growth, success, and a strong work ethic. Joining a community or club that aligns with your interests can also bring added value.
Importance of building connections with people and practicing gratitude. Brian and Gabe emphasized the significance of spending time with others and being around them to foster growth and success. They also highlighted the power of gratitude in fueling a strong work ethic and optimism. Additionally, Brian mentioned his wine club, GaryV.com/thewineclub or winelibrary.com, where he delivers high-value wine each month for $55. He encouraged listeners to join if they enjoy wine, emphasizing the value they would receive. Overall, the conversation underscored the importance of human connection, gratitude, and personal growth, as well as the potential benefits of joining a community or club that aligns with one's interests.
Disappointment of not joining wine club with expected friends: Despite not joining wine club with friends, the importance of setting realistic expectations and being open to new experiences is emphasized.
I was hoping both individuals would be part of the wine club, but unfortunately, neither of them is. My disappointment continues to grow as I had anticipated sharing this experience with like-minded individuals. Being a member of a wine club offers various benefits such as exclusive discounts, access to rare wines, and opportunities to attend tastings and events. I had looked forward to expanding my wine knowledge and meeting new people through this club. However, this setback reminds me of the importance of setting realistic expectations and being open to new experiences, even if they don't turn out exactly as planned. Perhaps I can still attend some of the club's events as a guest or invite the individuals to join me for a wine tasting session at home. Regardless, I will continue to explore the world of wine and enjoy the journey, one glass at a time.
