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
Snapchat: garyvee
Twitter: http://twitter.com/garyvee
Instagram: http://instagram.com/garyvee
Medium: http://medium.com/ @garyvee

18 thoughts on “Building a real business vs. raising money”
  1. Avataaar/Circle Created with python_avatars Talisman1957 says:

    I started a company with my own money (ya, I know, bad idea. But investors were not interested, banks not interested, relatives not interested.) and with a $40k loan from my 401k I built a one of a kind business in 2000. By 2001 we were making $1M. Then the investors wanted in. And as of 2002, I had no competition.

    Now I'm starting another company. It will make lots of money. But my focus is on building, not the money. Then selling it and starting another.

  2. Avataaar/Circle Created with python_avatars Philip Tompkins says:

    love this!

  3. Avataaar/Circle Created with python_avatars Niklas Goeke says:

    Yes! Ever since you said you made that comment I've been dying to see it. Thanks so much for digging this up!

  4. Avataaar/Circle Created with python_avatars Matt Mort says:

    Does anyone know of an upload of the whole TechStars episode/panel?

  5. Avataaar/Circle Created with python_avatars New Future Builder says:

    Is Katch a good example of this? It was built for growth w/ funding to help it grow instead of a revenue stream being built early.

  6. Avataaar/Circle Created with python_avatars Mistah AC says:

    Been saying this for a while! All these 'startups' thinking they made it because they raised a bunch of money smh

  7. Avataaar/Circle Created with python_avatars Jeff Standley says:

    Gary, do you know what the outcome of each of these start ups today?
    I looked up Red Rover but unsure if it's the same in front this video?
    Just curious how the actual business did against the others who raised money.

  8. Avataaar/Circle Created with python_avatars Coach Gugs says:

    Is it better to raise money to build a business or do it naturally and jeep it on your own terms?

  9. Avataaar/Circle Created with python_avatars Erik says:

    When everyone in the room takes on that sheepish expression…then you know you're right.

  10. Avataaar/Circle Created with python_avatars Aiyshah Gwilliam says:

    I think your father is right. Try to start at the financial level you can handle, and if you don't owe anyone any money you have complete control on where it can go, plus you can take full responsibility for it – success or failure.

  11. Avataaar/Circle Created with python_avatars valourine says:

    "how to make money not necessarily raise it" – important thing to keep inside my head – thanks gary!

  12. Avataaar/Circle Created with python_avatars Barrel Bound says:

    Gary, I've always loved your response to startups who get funded (sarcasm) 'good for you that you lost a big chunk of your business'. Classic!

  13. Avataaar/Circle Created with python_avatars Quito Keutla says:

    Thanks Gary for your content 👍

  14. Avataaar/Circle Created with python_avatars Quito Keutla says:

    Thanks Gary for your content 👍

  15. Avataaar/Circle Created with python_avatars Frank says:

    Dat profit margin

  16. Avataaar/Circle Created with python_avatars Scandinavian Today says:

    Wow! Was not expecting another upload.  Been cranking these out! You truly are a master of content. 🙂

  17. Avataaar/Circle Created with python_avatars Mostly humble 1 says:

    ZING!!!!!

  18. Avataaar/Circle Created with python_avatars Stuart Carlin says:

    This is spot on and even more impressive that you said it years ago . As you have been saying, there's gonna be a lot of shit hitting the fan soon with these companies that only raise money.

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