#QOTD: Who is the biggest influence in your life right now?
#Timestamps:
0:00 Intro
01:18 - With the influencer business model, what are the biggest challenges are you facing? and which brands are using the influencer model.
03:19 - How do you maintain having high standards with your team and making sure things get done, while keeping the project on time and in budget?
04:50 - What do you think the next/biggest thing in the influencer space?
06:29 - When startups become inherently competitive with other companies, how do you stay ahead of the game? give more value than your competitors?
08:58 - What’s your stance on investing in competitive companies?
As an entrepreneur, I default into assuming it's always going to be competitive. It doesn't matter if "nobody is in your space" because if you're any good, and you've figured something new out, EVERYBODY is going to be in your space eventually.
To me, competition between startups is the same old game: Better product, better service, better execution. Those are the things that will drive your business.
When you're David, you shouldn't play Goliath's game. When you're Goliath, you should CRUSH David.
Here's an example: Did anybody think it was weird that, for three years, I NEVER mentioned VaynerMedia. The truth there was that my size (or my lack thereof) was my advantage, and I couldn't let these other big guys know how huge we were getting! I was learning the landscape. Now that we've got the money and the scale to compete, you'll see that I'm talking about it more.
The important thing is to NEVER PLAY THE OTHER PERSON'S GAME.
_
Welcome to The #AskGaryVee Show, where I answer your questions about marketing, social media, and entrepreneurship. Want to get on the show? Tweet me your question with #AskGaryVee!

11 thoughts on “#askgaryvee episode 28: how to keep your startup competitive”
  1. Avataaar/Circle Created with python_avatars Hola! CannaCreate.4G says:

    Omg Gary Vee, ripping on Drock is got to be the funniest part

  2. Avataaar/Circle Created with python_avatars brady nields says:

    If you just got motivated by watching these videos but can keep up your enthusiasm up? DM me on Twitter @auditmeplease

  3. Avataaar/Circle Created with python_avatars Elise Erickson says:

    My new influence is some random internet guy called Gary Vee. Has anyone else heard of him?

  4. Avataaar/Circle Created with python_avatars Jake Swift says:

    My biggest influence in the past 24 months has to be you, Tony Robbins and Tom Bilyeu. I actually found you through Impact Theory which I stumbles upon when watching Mel Robbins interview on the show. But along the lines of my friends, I’d have to say my friend Hector. He has been cutting the negativity out of his life and been up front with people about it and only keeping the things and people he truly cares about close to him. It’s definitely something I have been working on and it’s very inspiring to see

  5. Avataaar/Circle Created with python_avatars Angus Coote says:

    QOTD: Besides myself you are the biggest influence!

  6. Avataaar/Circle Created with python_avatars That One Sports Guy says:

    Biggest influence outside of inner circle are:

    You Gary, Kenneth Copeland, Rob Kettering, Eric Thomas

  7. Avataaar/Circle Created with python_avatars Max Marvelous says:

    love the questions!

  8. Avataaar/Circle Created with python_avatars Zenzen Reseller says:

    You are the biggest influencer in my life in the past few years. Tony Robbins is another one. Oprah oh boy so many!

  9. Avataaar/Circle Created with python_avatars Derek Day says:

    Leaders of some local churches in West Michigan. HBCSL, Life change, and River of Life. A couple pastors have really made a big impact in my life.

  10. Avataaar/Circle Created with python_avatars Ivan Bickett says:

    Gary, thanks for the free mentoring you're providing me. I'm listening to the AskGaryVee show in the background while I plug away at my day job and you're teaching me a lot. Who's influencing me right now? There's a few (in order of content I'm consuming): Gary V., Tony Robbins, Les Brown, Tim Ferriss, and Jocko Willink. Being in the process of transforming myself, I have found the insights of these experts very useful. Listen. Take notes. Implement.

  11. Avataaar/Circle Created with python_avatars Arturo says:

    My biggest influences are the people that say me that i help them with my work

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