#QOTD: What was the biggest miss of your career?
#Timestamps:
0:00 Intro
2:33 - There is buzz around Pinterest advertising and they are slowly letting in business accounts. Are you optimistic?
4:20 - Like you, I believe there is so much to be gained from social media. But what do you think we have lost/are in danger of losing?
8:18 - I have been in sales for over 20 years. I have excelled with my service and ability to read a customer (body language, facial expressions, mood). But how do I read a customer body language and mood over a computer screen?
11:17 - Why did you decide to start a services business (your agency) instead of your own media company? A media company seems like it would be a natural fit.
13:48 - What usually prompts you to walk away from/turn down/know when to say no to great opportunities?
#LINKS
How to submit a question: https://www.garyvaynerchuk.com/what-youll-need-to-get-garyvee-945936926.html
Explore Pinterest: https://ads.pinterest.com/
We haven't talked enough about Pinterest on this show. I am a huge believer in Pinterest's product. You might have noticed recently that they've created a term of service in which you can't do affiliate sales. I think that means that they are going to be running that for themselves. If you start thinking about the amount of commerce that goes on on Pinterest, even if thye make 5% of every transaction, it could easily be one of the 5 to 10 top companies in revenue in the digital space.
Like I said, I'm a big believer in the business. We've seen great results already in a company that my fund, VaynerRSE, is incubating: Faith Box. We ran some promoted pins to great success. We're also definitely seeing it in clients here at Vayner. Wine Library, same thing. I'm massively bullish. In fact, I think that Pinterest's ad product is going to be huge. 18 months from today, we will come back to this video and create a piece of content to talk about this video where I make this claim: Pinterest's ad product is a MAJOR competitor to Google AdWords for e-comm businesses. There. I said it.
I highly recommend you look into the service if you're selling something on a dot-com. Get serious about understanding the product. Now.
*Also, let it be noted that Stunwin ACTUALLY created an event invite for 18 months from today 🙂
Gary Vaynerchuk builds businesses. Fresh out of college he took his family wine business and grew it from a $3M to a $60M business in just five years. Now he runs VaynerMedia, one of the world's hottest digital agencies. Along the way he became a prolific angel investor and venture capitalist, investing in companies like Facebook, Twitter, Tumblr, Uber, and Birchbox before eventually co-founding VaynerRSE, a $25M angel fund.
The #AskGaryVee Show is Gary's way of providing as much value value as possible by taking your questions about social media, entrepreneurship, startups, and family businesses and giving you his answers based on a lifetime of building successful, multi-million dollar companies.
Gary is also a prolific public speaker, delivering keynotes at events like Le Web, and SXSW, which you can watch right here on this channel.
Find Gary here:
Website: http://garyvaynerchuk.com
Wine Library: http://winelibrary.com
Facebook: http://facebook.com/gary
Twitter: http://twitter.com/garyvee
Instagram: http://instagram.com/garyvee
Medium: http://medium.com/ @garyvee
#Timestamps:
0:00 Intro
2:33 - There is buzz around Pinterest advertising and they are slowly letting in business accounts. Are you optimistic?
4:20 - Like you, I believe there is so much to be gained from social media. But what do you think we have lost/are in danger of losing?
8:18 - I have been in sales for over 20 years. I have excelled with my service and ability to read a customer (body language, facial expressions, mood). But how do I read a customer body language and mood over a computer screen?
11:17 - Why did you decide to start a services business (your agency) instead of your own media company? A media company seems like it would be a natural fit.
13:48 - What usually prompts you to walk away from/turn down/know when to say no to great opportunities?
#LINKS
How to submit a question: https://www.garyvaynerchuk.com/what-youll-need-to-get-garyvee-945936926.html
Explore Pinterest: https://ads.pinterest.com/
We haven't talked enough about Pinterest on this show. I am a huge believer in Pinterest's product. You might have noticed recently that they've created a term of service in which you can't do affiliate sales. I think that means that they are going to be running that for themselves. If you start thinking about the amount of commerce that goes on on Pinterest, even if thye make 5% of every transaction, it could easily be one of the 5 to 10 top companies in revenue in the digital space.
Like I said, I'm a big believer in the business. We've seen great results already in a company that my fund, VaynerRSE, is incubating: Faith Box. We ran some promoted pins to great success. We're also definitely seeing it in clients here at Vayner. Wine Library, same thing. I'm massively bullish. In fact, I think that Pinterest's ad product is going to be huge. 18 months from today, we will come back to this video and create a piece of content to talk about this video where I make this claim: Pinterest's ad product is a MAJOR competitor to Google AdWords for e-comm businesses. There. I said it.
I highly recommend you look into the service if you're selling something on a dot-com. Get serious about understanding the product. Now.
*Also, let it be noted that Stunwin ACTUALLY created an event invite for 18 months from today 🙂
Gary Vaynerchuk builds businesses. Fresh out of college he took his family wine business and grew it from a $3M to a $60M business in just five years. Now he runs VaynerMedia, one of the world's hottest digital agencies. Along the way he became a prolific angel investor and venture capitalist, investing in companies like Facebook, Twitter, Tumblr, Uber, and Birchbox before eventually co-founding VaynerRSE, a $25M angel fund.
The #AskGaryVee Show is Gary's way of providing as much value value as possible by taking your questions about social media, entrepreneurship, startups, and family businesses and giving you his answers based on a lifetime of building successful, multi-million dollar companies.
Gary is also a prolific public speaker, delivering keynotes at events like Le Web, and SXSW, which you can watch right here on this channel.
Find Gary here:
Website: http://garyvaynerchuk.com
Wine Library: http://winelibrary.com
Facebook: http://facebook.com/gary
Twitter: http://twitter.com/garyvee
Instagram: http://instagram.com/garyvee
Medium: http://medium.com/ @garyvee
It's hard for me to say what the biggest miss of my life is right now I'm 30. I believe it could have been maybe not joining in on a buddy as part of his production company when he was starting. I worked with him a lot now I don't have the time and he's doing very well I could have maybe been a part of that and contributed. I am sure I'll miss opportunities in the process but extremely grateful for the ones I won't miss.
The biggest miss I made was not focusing enough energy and time on actually making a business out of cutting my neighbors grass every week when I was a teenager in high school. I could’ve built that to be really big and still went to a community college near my mom’s house for a lot cheaper than going to a 4-year university like I did (and currently doing), which is a another miss I had. I should’ve went to a community college near home which would’ve saved me a lot of money!!!
The biggest thing I said no to, was when I was asked to write content for Kinsta WordPress hosting.
great episode!!! QOTD Answer…. hhmmmm definitely not starting sooner… wasted too much time dwelling and dodging my passion.
So did that followup video ever get made?
October 7th, 2016 is getting closer !
Biggest miss would be passing on an electrical parts company that has returned 490+%
QOTD: I walked away from a graphics firm to take another job. Now all I enjoy is graphic design and cartography. Should have stayed there.
totally agree with the all time greatest show 🙂
my biggest miss probably hasn't been in my career but in my degree. Always loved marketing but got an accounting degree because it was "safer". got the accounting job but after 2.5 years – I'm doing marketing and loving it 🙂