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    In NYC with Gary Vee, with Andy Frisella - MFCEO40

    enJanuary 19, 2016

    Podcast Summary

    • Focus on personal growth and being true to oneselfAndy Forsella and Gary Vaynerchuk emphasized the importance of self-empowerment and staying true to oneself in creating a fulfilling life, while Forsella shared his background as a former pastor and his podcast's focus on personal growth, not turning away from God.

      According to Andy Forsella, the CEO of you, everyone is the CEO of their own lives and should focus on creating value within themselves to build a fulfilling life. Gary Vaynerchuk, a guest on the podcast, emphasized that people should not let others dictate their actions and that it's important to be true to oneself. Additionally, Forsella shared that he used to be an ex-pastor and that his podcast, MF CEO, is not about turning away from God, but rather focusing on personal growth. A lighter moment in the conversation involved Forsella jokingly revealing that subliminal Jets music is pumped into his content to make him a Jets fan. Overall, the conversation highlighted the importance of self-empowerment and staying true to oneself.

    • Enjoying the Entrepreneurial ProcessGary Vaynerchuk values the journey of entrepreneurship over the end goal and finds joy in the process, envying those with less ambition for their simplicity.

      The speaker, Gary Vaynerchuk, values the process of entrepreneurship and business more than the end goal or material possessions. He sees the game as lasting forever and enjoys the journey, rather than just aiming for retirement or financial success. He also expresses envy for those who have less ambition and finds happiness in their simplicity. Despite his intense drive, he acknowledges that it is a part of who he is and not something he can control. Ultimately, Gary Vaynerchuk's passion for the process is what fuels his success and sets him apart as a true entrepreneur.

    • Entrepreneurial mindset compared to addictionEmbrace the entrepreneurial mindset to adapt and succeed in the modern marketing landscape, particularly through social media and influencer marketing.

      The entrepreneurial mindset, which drives individuals to push beyond conventional boundaries, can be compared to an addiction. This was evident in the speaker's personal story of reselling Shaq figurines and the CEO's tale of starting a business from college. This hustle and drive, regardless of the industry or era, is what sets true entrepreneurs apart. Moreover, the importance of adapting to the changing landscape of marketing, particularly social media and influencer marketing, cannot be overstated. The speaker, who is considered a thought leader in this field, emphasizes the need for individuals and businesses to learn from him and his work in order to succeed in the modern marketing world. The effectiveness of traditional advertising methods has waned, and a new approach is required.

    • The Influence of Gary Vaynerchuk on Business GrowthLearning from influential figures like Gary Vaynerchuk and applying their teachings can lead to business growth. Embrace the journey, focus on long-term wealth, and be patient for success.

      The power of learning from influential figures and applying their teachings to one's own business can lead to significant growth. The speaker, who discovered Gary Vaynerchuk through his book "Crush It," expresses his gratitude for the impact it had on his companies and personally reached out to thank him. Gary's teachings on influencer marketing, retention, and growth strategies resonated with the speaker, and they eventually met in person. The speaker emphasizes the importance of intent and patience in achieving success, as Gary's approach to sharing knowledge and tools for self-sufficiency sets him apart. Despite the instant gratification culture, the speaker encourages embracing the journey and focusing on long-term wealth rather than short-term riches.

    • The Road to Success is Long and WindingSuccess requires patience, persistence, and consistent effort. Set realistic goals, stay true to your values, and adjust as needed for long-term rewards.

      Success often requires patience and persistence, even if it means sacrificing some pleasures in the short term. The speaker shares his personal experience of focusing on his goals relentlessly, even during his younger years, and how this approach has paid off in the long run. He emphasizes that there's no quick fix or magic wand to achieve success, and that it's essential to put in the work consistently and adjust as needed. The speaker also reflects on the importance of setting realistic expectations and staying true to one's values and goals, even when faced with challenges or criticism. Overall, the message is that success takes time, effort, and resilience, but the rewards are worth it.

    • Starting a business and building a personal brand takes time and experienceFocus on long-term growth, be mindful of online content, and avoid relying on short-term gains to build a solid foundation for your business and personal brand.

      Building a successful business and establishing a strong personal brand take time and experience. The speaker, who started his business career at a young age and built it up to $70 million in sales, emphasizes the importance of having a solid foundation before sharing advice or positioning oneself as a coach or mentor. He warns against relying on short-term gains and encourages focusing on long-term growth. Additionally, every post, tweet, or snap contributes to one's personal brand, making it essential to be mindful of the content shared online.

    • Sixth Website: The Power of Social Media for Small BusinessesFocus on maximizing upside by executing social media effectively, give away knowledge, and understand the importance of both hard work and natural talent in entrepreneurship.

      While larger companies may downplay the importance of social media and the internet, smaller businesses should not. Gary Vaynerchuk, CEO of VaynerMedia, emphasizes that social media is the sixth website that everyone is on and that it's a skill to execute effectively. He believes that most people won't take action and that entrepreneurs should focus on maximizing their upside by putting themselves in the best position to succeed. He encourages giving away knowledge and advice freely because only a few will actually take action. Ultimately, he emphasizes that entrepreneurship requires both hard work and actual talent. While it's important to work hard and smart, it's also essential to understand that some people have a natural ability to build successful businesses.

    • The power of giving valueFocusing on providing value to others can lead to significant impact and financial success. Recognize your strengths and play the right game to make a positive impact.

      Focusing on providing value to others can lead to significant impact and financial success. Gary Vaynerchuk shared a personal story about giving a signed copy of his book to someone, which led to the recipient staying alive for an additional two years. He emphasized the importance of recognizing one's strengths and playing the right game, whether it's entrepreneurship, a new profession, or anything else. By focusing on giving value and making a positive impact, the speaker found that the financial rewards followed. He encourages young entrepreneurs to understand this concept and not be afraid to share their truths and skills with the world.

    • Be cautious of unsolicited advice from unproven expertsDon't blindly follow advice from those without proven success. Focus on doing and executing, and be open to adapting strategies as needed.

      Experts and influencers may be early adopters of new platforms or trends, but not everyone who jumps on board later is a fraud. The speaker warns against blindly following and paying for advice from people who may not have actually built a successful business themselves. He emphasizes the importance of doing and executing, rather than just consuming information. Additionally, he encourages those who have been working on a project for an extended period without seeing results to consider changing their approach. Entrepreneurship requires the skill of knowing when and how to adapt in order to reach your goals.

    • Adaptability and resilience are key to entrepreneurshipEntrepreneurship involves adjusting plans and remaining resilient to overcome obstacles. Anyone can start a business, but the ability to see opportunities and make adjustments is crucial.

      Entrepreneurship is not just about having a perfect plan, but also about making adjustments when faced with obstacles. Volnea Payler, also known as "social media Jesus," emphasized the importance of adaptability and resilience in reaching your goals. He also shared his fascination with the idea of starting over, but acknowledged the value of experience and growth. Tyler, the creator, added that anyone can start a business, but it requires the skill of seeing opportunities and making adjustments along the way. Additionally, Payler expressed his admiration for the humility and determination portrayed in movies like "Rocky," which he sees as embodying the entrepreneurial spirit.

    • Disrupted the wine industry through social mediaGary Vaynerchuk's authenticity, resilience, and builder mentality led him to disrupt the wine industry using social media, inspiring others and achieving success

      Gary Vaynerchuk, an entrepreneur and businessman, disrupted the wine industry by reaching out to young people through social media platforms like YouTube and Twitter before they became mainstream. He built a successful social media agency, and his influence extended beyond his immediate sphere, inspiring others to follow in his footsteps. He is now feeling the impact of his work and is looking forward to further success and new projects. Despite his achievements, he remains focused on the next venture and doesn't let material possessions or accolades distract him. His partnership with his business partner is strong, and they have an understanding that their business relationship may change in the future. Overall, Gary Vaynerchuk's story is a testament to the power of authenticity, resilience, and a builder mentality in entrepreneurship.

    • Building a personal brand in the digital ageCapitalize on the internet's meritocratic nature to create value, gain influence, and distinguish yourself in the job market.

      This is an exceptional time to build a business and establish a personal brand, as the rules of engagement have significantly shifted due to the internet's meritocratic nature. Social media platforms like Instagram, Snapchat, and podcasting offer opportunities for individuals to create value, gain influence, and distinguish themselves from others in the job market. As the economy evolves and gatekeepers are replaced by the internet, those who actively engage and build their brands will have a competitive edge. Employees can also benefit from cultivating their personal brands, making them more valuable to potential employers. So, whether you're an entrepreneur or an employee, investing time and effort into building your personal brand is essential for future success.

    • Women's Unique Challenges on Social MediaEmpathize with women's challenges on social media, navigate carefully, and keep pursuing goals despite obstacles. Progress is being made, but more work is needed.

      Women face unique challenges on social media platforms, particularly when it comes to dealing with unwanted messages and being taken seriously in business. The speaker shared personal experiences of friends receiving explicit messages on Snapchat and the struggles some attractive women face in being taken seriously as entrepreneurs. He emphasized the importance of empathy and understanding these challenges, and encouraged female entrepreneurs to navigate their online communities with care while continuing to pursue their goals. He also acknowledged the progress being made for female and minority entrepreneurs, but acknowledged that there is still work to be done. The speaker's authenticity and willingness to share personal experiences added to the message's impact.

    • Trusting instincts and staying open to inspirationGary Vaynerchuk emphasizes authenticity and relevance in content creation, and his ideas come from observing the world and trusting his instincts. He values experience and expertise over youthful promises.

      Creativity is a living, evolving process for Gary Vaynerchuk. He emphasizes the importance of authenticity and relevance in content creation, but the origins of his ideas come from observing the world around him and trusting his instincts. Gary shared an example of how he came up with an idea for an episode of his Q&A show by simply listening to his inner voice and acting on it. He also highlighted the value of experience and expertise, emphasizing that he would rather learn from someone who has proven success and a track record of growth, rather than a young person making grand promises. Overall, Gary's creative process is about staying open to inspiration and trusting oneself to turn ideas into valuable content.

    • Emphasizing results over natural talents or ageDetermination, finding the right medium, self-awareness, and experimentation lead to success, regardless of natural talents or age.

      Developing communication skills and finding the right platform to showcase them are essential for success. Gary Vaynerchuk, in the discussion, emphasized that results matter more than natural talents or age. He shared his personal experience of starting his career with no prior communication skills or formal training but managed to excel due to his determination and finding the right medium for his communication style. He also highlighted the importance of self-awareness and experimenting to discover one's strengths. Ultimately, the goal is to make a difference and impact people's lives, which can lead to financial success. The market will validate your efforts and determine your level of impact and revenue.

    • Witnessing Gary Vaynerchuk's Unwavering Commitment to Delivering ValueGary Vaynerchuk's dedication to excellence and providing value to attendees is unwavering, demonstrated through late-night meetings, high-energy events, and even a promise to eat an eyeball if necessary.

      Gary Vaynerchuk's hustle is real. I've witnessed it firsthand, from late-night meetings to providing more value than attendees bring to his events. Vaynerchuk's commitment to delivering results is unwavering, as shown by his upcoming book launch party, where he and the speaker promise to provide more value than attendees pay for, even going as far as eating an eyeball if necessary. This dedication to excellence and providing value is a testament to Vaynerchuk's work ethic and authenticity. Attendees of his events can expect a high-energy, value-packed experience.

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