Podcast Summary
Background and experiences shape our perspectives: Immigrants with entrepreneurial spirit can relate and understand each other's struggles. Focus on survival and building a better future, not on unimportant things. TikTok offers opportunities for organic reach, take advantage of it.
Background and experiences shape our perspectives and drive us towards our goals. John Troutman, Gary Vee's co-founder of Empathy Wines, shared his story of immigrating to the US from the former Soviet Union with a similar background to Gary's. They both came to the US with little money and language, but with a strong entrepreneurial spirit. This shared background allowed them to relate and understand each other's experiences. Troutman also emphasized the importance of not wasting time and money on unimportant things, as immigrants often have to focus on survival and building a better future. Another topic discussed was TikTok and its potential for organic reach. Troutman, who is a big proponent of TikTok, described it as a video-focused social media platform that offers opportunities for organic reach that are not easily accessible on other platforms. He encouraged listeners to create content on TikTok and take advantage of its potential to reach a large audience. Troutman's background and experiences, as well as his insights into social media trends, highlight the importance of staying true to one's values and taking advantage of new opportunities.
Two exceptions to limited organic reach on social media: Leverage TikTok and LinkedIn for high organic reach, as these platforms currently offer unique opportunities for businesses to grow and adapt to changing social media trends
While organic reach on social media platforms like Facebook, YouTube, and Instagram is currently limited, there are two exceptions: TikTok and LinkedIn. TikTok, which is often perceived as a platform for younger audiences, and LinkedIn, which is more professionally focused, are currently experiencing high levels of organic reach. The speaker, who has a history of accurately predicting social media trends, recommends entrepreneurs take advantage of this by focusing their efforts on these platforms. TikTok's potential for growth is particularly significant, as it may evolve to attract older demographics and offer new opportunities for businesses. The speaker's success on TikTok is a testament to the importance of staying adaptable and embracing new platforms as they emerge.
Maximize attention and brand building on social media platforms during their peak: Focus on effective content execution and adapting to changes in social media platforms to maximize brand building and attention, while taking advantage of free platforms and investing in paid advertising as needed.
Social media platforms, including TikTok, have a lifecycle, and the focus should be on maximizing attention and brand building during the platform's peak. The speaker emphasizes that once you have the attention, you can move it to other platforms as needed. He uses the example of Seinfeld, which remained a successful brand even after it went off the air. The speaker also encourages taking advantage of free platforms, like Instagram, while organic reach is still available, or investing in paid advertising. He emphasizes that social media platforms are businesses and will eventually monetize, but this doesn't mean they're inherently evil. Instead, creators and businesses should focus on executing their content effectively and adapting to changes in the platforms.
Embrace Change and Seize Opportunities: Instead of complaining about the past, adapt to change and take advantage of new opportunities. Personal responsibility and resilience are key to success.
Change is inevitable, and people need to adapt to it instead of complaining. The speaker emphasizes that things were "free" or cheaper in the past, but as time goes on, prices and opportunities change. He encourages individuals to take advantage of new opportunities, such as TikTok, instead of dwelling on what was lost. He also challenges the notion of blame and encourages personal responsibility. The speaker's confidence in the potential of TikTok, with its massive user base and attention, underscores his belief in embracing change. Ultimately, the speaker's message is one of resilience and seizing opportunities, rather than lamenting the past.
The Future of Social Media and Technology: Successful entrepreneur and investor emphasizes the importance of observing trends and adapting to new technologies, including Twitter, TikTok, and voice-activated devices, for shaping our culture. Personal goals include leaving a philanthropic legacy and owning the New York Jets.
The interviewee, a successful entrepreneur and investor, believes that social media and technology platforms, including Twitter, TikTok, and voice-activated devices, will continue to evolve and shape our culture. He emphasizes the importance of observing current trends and being a fast adapter to new technologies. Additionally, he shares his personal goals, which include leaving a philanthropic legacy and one day owning the New York Jets, a goal he estimates will take several decades to achieve. Despite expressing excitement about the potential of TikTok and voice-activated devices, he admits that he doesn't claim to have the ability to predict the future but rather responds quickly to emerging trends.
Unexpected solutions and the power of gratitude: Be open to unexpected solutions and express gratitude for the help and support you receive in life. Share the podcast, subscribe, and spread the word to help it reach a wider audience.
Sometimes, when we face challenges or difficulties, a savior or solution may unexpectedly appear. The speaker in this podcast expressed her relief and gratitude when a problem with the Jets was resolved by an unnamed individual. She emphasized the importance of sharing the podcast, subscribing, and spreading the word to help it reach a wider audience. Ultimately, the speaker encouraged listeners to appreciate the unexpected help and support they may receive in their own lives. So, always keep an open mind and be grateful for the unexpected solutions that come your way. Don't forget to share the podcast, subscribe, and tell your friends about it. Have a great day!