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    My All-Time Favorite Thing to Give

    enFebruary 08, 2020
    What is Gary Vaynerchuk's view on philanthropy?
    How did Gary's upbringing influence his attitude towards giving?
    What nonprofits is Gary Vaynerchuk involved with?
    How does Desmond Marshall feel about material possessions?
    What does the speaker suggest about facing failures in giving?

    Podcast Summary

    • Gary Vaynerchuk's Philanthropic SideGary Vaynerchuk, a successful entrepreneur, prioritizes philanthropy in his life, involving himself with various nonprofits and practicing anonymous giving.

      Gary Vaynerchuk, despite his immense business success, values his philanthropic work and considers it an essential part of his life. He has a complex relationship with giving, having grown up in an immigrant family focused on survival. He is involved with several nonprofits, including Pencils of Promise, and often engages in anonymous charitable giving. Although he is known for his openness about many aspects of his life, he keeps his charitable activities relatively private. This interview from the E Mark and A Mark podcast provides insight into a less-discussed side of Gary Vaynerchuk's persona.

    • Intersection of Business and PhilanthropyMeeting like-minded individuals through shared passions can lead to meaningful relationships and impactful work.

      The intersection of business and philanthropy can lead to meaningful connections and personal growth. The speaker shares his experience of meeting Adam Braun and Scooter Braun through their mutual love for the New York Jets, and how their friendship blossomed over their shared commitment to non-profits. At the time, starting a non-profit was not a common path for young people, but Adam's passion and dedication inspired the speaker. Later, the speaker also met Scott Harrison from Charity Water through a business connection. These encounters highlight how personal and professional passions can intersect and lead to meaningful relationships and impactful work. The speaker's personal experience with maintaining privacy in his public life also adds to the conversation, emphasizing the importance of authenticity and vulnerability even in public spheres.

    • Using experiences and resources to make an impact through educationSuccessful people can use their resources and experiences to make a positive impact on others' lives by providing education and opportunities for a better future

      Successful people like Adam, who have achieved great financial heights, can use their experiences and resources to make a significant impact on the lives of others, particularly through education. This was the case for Adam and his connection to Pencils of Promise. During a conversation with the organization's founder, Scott Harrison, Adam realized that just as entrepreneurship had been a springboard for his success in America, education could serve the same purpose in developing countries. This revelation resonated with Adam, as he too had been given opportunities and hope for a better future through adoption. From that point on, he became consciously aware of the impact his presence and support could have on those in need, and he has intentionally used his success to provide education and hope to others.

    • Finding joy in giving and connections over material possessionsDespite his wealth, Desmond Marshall prioritizes the joy of giving and building connections over material possessions and recognition.

      Despite his level of fame and wealth, Desmond Marshall values the process and connections he makes over the material possessions and recognition. He finds joy in simple acts like giving money to people on Venmo and recognizes the impact it can have on others. He also acknowledges the importance of experiencing the fun in giving, rather than just writing a check. Despite his financial success, he remains conscious of the struggles he's faced in the past and strives to make a difference in people's lives. Ultimately, Marshall sees the value in enjoying the journey and the relationships he builds along the way.

    • The human element matters in business and inheritanceGary Vaynerchuk emphasizes the importance of supply and demand for hiring, values cosigns and brand recognition, respects private and public charitable actions, and advocates for empathy and understanding.

      The human element is crucial when it comes to spending inherited money or building a brand. Gary Vaynerchuk emphasizes the importance of supply and demand when it comes to hiring and paying employees, and he values the impact of a cosign or brand recognition on opportunities. He also respects the humility of those who give privately and doesn't judge those who make their charitable actions public. Ultimately, it's essential to navigate the complexities of life and business with empathy and understanding, rather than passing judgment based on headlines or appearances.

    • Exploring different perspectives and being open to new experiencesBe open-minded, authentic, and generous. Sharing experiences and challenging personal convictions can lead to growth and understanding.

      Sharing experiences and challenging personal convictions can lead to growth and understanding. The speaker in this conversation expressed their passion for exploring different perspectives and being open to new experiences, even in the context of political conflict. They also discussed the importance of finding ways to give back, regardless of financial means, and the impact of being present in person. The speaker acknowledged their own discomfort with giving and growing up in a culture that didn't prioritize it, but expressed a desire to set a new tone for future generations. Overall, the conversation emphasized the value of being open-minded, authentic, and generous.

    • Every act of generosity can make a differenceEmbrace the power of giving by intentionally engaging with others and breaking down barriers, no matter how small the gesture.

      Everyone has the ability to make a positive impact on others, no matter how small. Whether it's through giving financially, sharing kindness, or simply acknowledging someone's presence, every act of generosity can make a difference. However, sometimes our own biases and cynicism can hold us back from fully embracing the power of giving. The speaker shares a personal example of how he used to give to kids in need by selling baseball cards, and how he now spreads kindness and happiness through simple gestures like smiling at strangers. He encourages us to intentionally engage with others and break down the barriers that keep us from connecting. So, let's all strive to give more, whether it's through our time, resources, or just a kind word or smile, and see the positive impact it can have on ourselves and those around us.

    • The Power of Giving, No Matter the AmountGiving, whether through donations or time, makes a difference. Start small, learn from failures, and don't let negativity discourage you from helping those in need.

      Giving, no matter the amount, is powerful and makes a difference. Whether it's through donations or time, every little bit helps. The speaker emphasizes the importance of charities and nonprofits, and encourages starting small and learning from failures. He believes that losing is a fair part of the process and that everyone should strive to help those in need, no matter their circumstances. He encourages starting small and not being discouraged by negativity or being told that a goal is too big. Instead, he suggests embracing the experience of loss and learning from it. The speaker's passion for giving and helping others, despite any challenges or setbacks, is a powerful reminder of the impact we can make in the world.

    • The Role of Luck in SuccessFocusing on accountability, optimism, and helping others can lead to a more fulfilling and less regretful life.

      Everyone, regardless of their circumstances, has the potential to succeed. The speaker uses the examples of adoption and immigration to illustrate the role of luck in life, but emphasizes that it's important to focus on accountability and optimism rather than dwelling on excuses. The Internet has expanded opportunities, even in difficult circumstances. Giving and helping others can bring more meaning and joy to the giver than the receiver. The speaker encourages people to focus on the value they get from giving and helping others, rather than just the material rewards. It's a human trait to feel good when we make a positive impact on others, no matter how small. In summary, focusing on accountability, optimism, and helping others can lead to a more fulfilling and less regretful life.

    • Understanding the struggles of others and maintaining balanceEmpathize with others' financial struggles, focus on personal growth, and strive for a balance between self-interest and selflessness.

      Despite the prevalence of stereotypes and cliches, it's important to remember that many people are struggling financially and may not have the same opportunities or resources as others. Gary Vaynerchuk emphasizes the need for empathy and understanding, while also encouraging individuals to focus on their own growth and success. He shares his perspective of being grateful for his own circumstances and encourages people to maintain a balance between self-interest and selflessness. Additionally, Gary discussed his decision to have E and Mark on his podcast, explaining that he felt an intuitive connection with them and believed it would be beneficial for their careers. Regarding his skills at rock, paper, scissors, Gary admits that he's not particularly good at it due to the potential for people to manipulate the game.

    • The value of asking and taking risksAsking for opportunities can lead to unexpected rewards and personal growth, even if the initial ask isn't possible.

      The importance of asking and being open to opportunities was emphasized in this conversation. The speaker proposed a game of rock, paper, scissors with Gary, with the winner getting the chance to visit an organization in Haiti called Haiti 180. Although the speaker was unable to commit to the trip at that moment due to personal obligations, the conversation highlighted the value of asking and the potential rewards that come from taking risks and stepping out of one's comfort zone. The speaker also expressed gratitude for listeners who leave reviews and support the podcast, emphasizing the importance of community and connection in personal and professional growth.

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