Today's video is an interview I did on Office Hours with @David Meltzer We talk about how the stigma around being an entrepreneur has changed over the years, how to balance work and family life, how to stop judging yourself, why I want people to live with the littlest amount of anxiety possible, why holding grudged is not practical and how to attach your self worth to the right things.
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Check out another series on my channel:
Keynotes: https://www.youtube.com/watch?v=6vCDlmhRmBo&list=PLfA33-E9P7FCEF1izpctGGoak841XYzrJ
NFTs: https://www.youtube.com/watch?v=AwMJ6bScB2s&list=PLfA33-E9P7FAcvsVSFqzSuJhHu3SkW2Ma
Business Meetings: https://www.youtube.com/watch?v=wILI_VV6z4Y&list=PLfA33-E9P7FCTIY62wkqZ-E1cwpc2hxBJ
Gary Vaynerchuk Original Films: https://youtube.com/playlist?list=PLfA33-E9P7FAvnrOcgy4MvIcCXxoyjuku
Trash Talk: https://youtube.com/playlist?list=PLfA33-E9P7FDelN4bXFgtJuczC9HHmm2-
WeeklyVee: https://youtube.com/playlist?list=PLfA33-E9P7FBPjdQcF6uedz9fdk8XKn-b
Gary Vaynerchuk is a serial entrepreneur, and serves as the Chairman of VaynerX, the CEO of VaynerMedia and the Creator & CEO of VeeFriends.
Gary is considered one of the leading global minds on what’s next in culture, relevance and the internet. Known as “GaryVee” he is described as one of the most forward thinkers in business – he acutely recognizes trends and patterns early to help others understand how these shifts impact markets and consumer behavior. Whether its emerging artists, esports, NFT investing or digital communications, Gary understands how to bring brand relevance to the forefront. He is a prolific angel investor with early investments in companies such as Facebook, Twitter, Tumblr, Venmo, Snapchat, Coinbase and Uber.
Gary is an entrepreneur at heart — he builds businesses. Today, he helps Fortune 1000 brands leverage consumer attention through his full service advertising agency, VaynerMedia which has offices in NY, LA, London, Mexico City, LATAM and Singapore. VaynerMedia is part of the VaynerX holding company which also includes VaynerProductions, VaynerNFT, Gallery Media Group, The Sasha Group, Tracer, VaynerSpeakers, VaynerTalent, and VaynerCommerce. Gary is also the Co-Founder of VaynerSports, Resy and Empathy Wines. Gary guided both Resy and Empathy to successful exits — both were sold respectively to American Express and Constellation Brands. He’s also a Board Member at Candy Digital, Co-Founder of VCR Group, Co-Founder of ArtOfficial, and Creator & CEO of VeeFriends. Gary was recently named to the Fortune list of the Top 50 Influential people in the NFT industry.
In addition to running multiple businesses, Gary documents his life daily as a CEO through his social media channels which has more than 34 million followers and garnishes over 272 million monthly impressions/views across all platforms. His podcast ‘The GaryVee Audio Experience’ ranks among the top podcasts globally. He is a five-time New York Times Best-Selling Author and one of the most highly sought after public speakers.
Gary serves on the board of GymShark, MikMak, Bojangles Restaurants, and Pencils of Promise. He is also a longtime Well Member of Charity:Water.

Some days are going to be a 15-hour day when you have a business because what people that don't have businesses don't realize is your business is the other child you know and it's also the child that feeds your actual child. And so you know I think that people are like oh man like they can never say like oh my God I'm gonna pick my business over my child but the reality is, there's not an entrepreneur planet that hasn't in the micro, not in the macro. And so it's a game of not beating yourself up brother like you have God willing the next 70 years, at least maybe 80 given how young you are in modern medicine to spend time with that child. you know nobody wants to miss an hour here or now we're there. Who wants to miss their kids first step or their first word? Nobody wants to miss a recital or a big game and you fight for those things I Always always fight for those things. Welcome to Office Hours I'm David Meltzer and I'm giddy because I have what some people think is my best friend. He's actually said he was my best friend I put it I made him say it and we quoted it. but Gary Vaynerchuk is on office hours Garyvee as most people know him. Welcome to Office Hours my friend. It's really nice to be with all of you. Thank you for having me! You're amazing! So um I was sharing with everybody entrepreneurship and how it's changed over the years to be an entrepreneur. Gary when I I was young was like being an actor if you told someone, I'm an entrepreneur regardless how successful you were, they're like so you wait tables right and you know. Thankfully I met you and I have to admit I was in the Nike suite at the Super Bowls it'll be five, it'll be six Super Bowls Coming up to meet his brother about a sports agency deal and he came in and people Went Crazy Dave he's here Garyvee's here and I literally said what's a Garyvee and I thought maybe it was a fourth round draft pick that I missed. but he has truly created a brand for entrepreneurs, a heroic brand and I think Gary My question is at a core. everyone's talking about this Lego video that here's a guy who's leading the way of Entrepreneurship and yet you're talking about like two thousand dollars that you made on eBay for Legos you know what is it in your personality. There's a definition of a serial entrepreneur you don't give a about how big the project is, you are completely obsessed with the idea of buying and selling and creating margins, and I'm obsessed with the responsibility of having people be attached to the message that I'm putting out there beautiful. In a time where I'm incredibly concerned about interest rates and how much VC money there is and consumer confidence knowing that people have all sorts of stuff in their house that's worth money or the ability to go to a garage sale tomorrow and buy stuff that's worth money inspires me. And whether it's closing a 25 million dollar deal for Vaynermedia or buying something for a dollar and selling it for seven dollars on eBay For me, it's one in the same game. And when you have millions of people following you, tens of millions of people following you I I'm surprised by how many people don't understand. you have the responsibility of providing value to them, not them giving you likes and follows. And and so for me, to your point, I'll be as excited to make a video about a CNBC article about flipping Legos as I will. about telling people four years ago that if they bet the farm on Tick Tock things can work out for them and everything in between. and um, while it's now 4 42 p.m on the East Coast as we're filming this while spending I don't know. six hours today with Fortune 100 companies on their macro Global Marketing plans and so I have a lot of flexibility in my entrepreneurship now that I got the gray hairs and I try to use all those skills on a daily basis. You're amazing Chance Oh Gary Love you man! You have just given me the permission to just promote content and just put it out there and get the message out there and you've been an inspiration for me and my entrepreneurial Journey for so long. So I'm honored to be here uh and ask you some questions. So I'm a new father uh I have a one-year-old and I'm also our business is growing very very quickly and so I know you go all in with your business and you're all over the place on the road a ton. How do you balance that with your kids? your family? Uh, that? I just that's a big question for me by not over judging myself and by being aware that it's going to ebb and flow. You know, um, some days are going to be a 15-hour day when you have a business because what people that don't have businesses don't realize is your business is the other child you know and it's also the child that feeds your actual child. And so you know I think that people are like oh man, like they can never say like oh my God I'm gonna pick my business over my child. but the reality is, there's not an entrepreneur on the planet that hasn't in the micro, not in the macro. and so it's a game of not beating yourself up brother like you have God willing the next 70 years at least maybe 80 given how young you are in modern medicine to spend time with that child. And so you know, nobody wants to miss an hour here Now where they are. Who wants to miss their kids first step or their first word? Nobody wants to miss a recital or a big game and you fight for those things. I Always always fight for those things. But if the occasional scenario pops up where I don't have the opportunity to attend something because there's a critical moment in a business that is very important. I'm not going to beat myself up and say that I'm not a good dad and you know I didn't even see my dad the first 13 years of my life because he worked so much because we just came to America and he's the best dad and we have the greatest relationship. So I'm as you can imagine I'm not scared of it. Yeah, yeah, no, thank you and you know I Had that conversation with my my wife I was like babe, we're on, we're on team well and like when when you're at home and you're taking care of the kid and yes, those are those harder times when I'm away, you're allowing me to go out there and have impact and meet people and change the world and be able to build our Legacy And so when you think about it in that form like that's really helped our relationship grow to that next level. like Hey we're doing this together. We're having impact together even though you're sitting home with the child and I'm out you know, hanging out with David melter and being able to speak with you and get the message out so it's like we're still just all rowing in the same direction and but realistic By the way. Oh by the way, Oh by the way, like the luck, the incredibleness of raising a child is way cooler than talking to Garyvee and David Meltzer for sure. And but to that same point, when your kids get older and I have three teenage 23, 21 and 18 and one actually works with me. Now you know, just be realistic. they don't want to F and spend all their time with you either, You know I beg for two minutes a day and I'm cool with it. Yeah, well that that starts transitioning around 13 where kids become the their friends become their primary life, not their parents. So I will say for young parents, you know milk as much as you can out of one through thirteen. Dave I'm sure you feel this I already feel it in ways Milk is much of that time when we were the center of their world. because you're right. it flips. You know for for value of pairing I mean there's only I mean at this point in my career the only person I can think of that doesn't pick up my call is my daughter. yeah she sees your name and she's an Fu button to my dad Exactly because my dad is my favorite person now. and yeah I totally was just like oh my God my dad and now it's like Dad let's go to lunch around Collins Go ahead. so no. I I believe that I appreciate that sentence and I know that. but in those in-betweens you, you know and so it's just a big game of not over. judging yourself is really what we're all talking about here and the next guy is going to ask you a question I wanted to get you together with because they have an extraordinary company doing extraordinary things. In fact I think they even have a Michael Bay movie for you or something so we gotta after the show make sure you get that introduction column but for sure. So Gary apart from selling Legos on eBay you're obviously, uh, most known for Nfts which you said of our game too and uh I just want to get your opinions on the future of the Nft market because it's changed radically in the last year or two and I see so much more maturation in the market as well. Um, we're you know, bringing we're democratizing concerts and bringing them to everyone around the world, working with A-list artists like Snoop Dogg and like Alicia Keys and bringing them into the world of Web 3 and exploring how they can reach new people and engage with new audiences and interact with their fans using you know, the power of Nfts. Um I think the days of the super expensive Pfps are you know more or less behind us and now it's all about you know, community and club membership. but I just Gary I Kind of wanted to understand for me where you think it's going in the future and uh, and what we're going to see over the next. you know. short to medium term, short to medium term I Don't even think about um so I don't think I have the best guesses I think I was awfully right that 99 of the projects were going to go to zero when I was yelling about that a year ago in the height of the hype because it wasn't sustainable. But the long term is very clear. Nfts are digital contracts um, that have utility or rights underneath them in the smart contract and they will become a way of life. no different than apps and social media and email. And I think the consumer blockchain will do for transactions what the internet did for communication. And so I don't have a whole lot of thoughts about the short term I I said 4 000 times a year ago and the Nft market right now is exactly what happened with Internet 99. There'll be a crash, there'll be two or three years of load them, and then the next generation of major companies will pop up from that, you know, low just like we saw with Amazon and Google and all that stuff and we're right on track. You know everybody's asking me about the market and I've said the same thing I'm saying when the market was ripping hot that I am now the there'll be one percent projects that are really meaningful. Some of them will be about collectibility, the Andy Warhols and the Jackson Pollocks and the Michael Jordan rookie cards and the rare sneakers and the coins and the Rolexes and the rare cars. They'll be a part in Nft land for sure. but the 99 will be about the contracts, the access tickets, the receipts, the membership clubs, and um I think we're on track. Wonderful! So Gary I have loved you for many years. I've been following you and listening to the stuff that you're spitting out and just like that man is awesome and then but then I didn't think I could love you more. but then you had a Persian girlfriend and you know as persons we stick together and I was like okay he is the I literally went to my husband and I was like he's dating a person look and then I'm scrolling through her stuff and I'm like Stephen A lot of he was like that's because you're the devil and I'm like Gary thinks versions are awesome. he was just like oh my God okay I won Mary won I'm like we're phenomenal. So I have one serious question and then one kind of silly one. What is it about uh, her culture that you love the most? What's your favorite thing? Funny, like the Persian culture in the Russian culture share a lot of things caviar tea like you know, family oriented. Respect your elders. Very very family. So I would say that I've always you know Russian and Persian culture have a long history of having a lot of similarities, including both were incredibly beautiful countries that had very aggressive revolutions. Uh, you know Russia's lasted from 1917 to 1989 1991. Depending on when you think that USSR fell, you know. obviously there's so much going on in Iran right now it it fell to a revolution in 1979 and so there's a lot of connection points. Um I feel very close to that's beautiful I mean even even Nikolai Volkov and the Iron Sheik were tag team partners, you always could take it where you want to go. I know I know So I had a serious question if I may yeah I thought that one was seriously well, that one was mostly like I just want to understand I know as I'm you know, burning his mouth with tea I have to put an ice cube in for him Um, That being said, my serious question was earlier. You said that we have to be kinder to ourselves and if it made me wonder, do you believe in balance or Do You Believe In Harmony in our lives, in our businesses everywhere that we operate I think both words are just semantics. The answer is yes I believe in harm I love when I'm like I I wish you a joyous day and then in my Twitter they're like oh I'm sorry I wish you a happy day and then in the third reply, my Twitter's like happiness you should go for Joy right We're saying the same right. Like like I Believe In Harmony I Believe In Balance I Believe In Joy But like what's one's harm like balance is impossible. Like everyone's like you need balance I'm like cool, what's your balance Yeah, because my balance is different. what's one's Joy one's one to happiness. What I want is at its core. What's become very tangible to me is I want people to live their life with as little anxiety as humanly possible the way I do when I look at myself today and look at everybody around me and when I mean around me very close to me but then the next layer of my family, then my co-workers then my friends, then then the hardest core fans them casual fans I'm looking at a lot of groups of people and like when I say to myself like what's the most different thing about me The most different thing about me is the percentage of my time that my stomach feels anxiety. The number is almost non-existent and I mean almost non-existent for the year in a world where I watch almost everyone I know have percentages during every day some 80 of their day, even inversely before and so I am obsessed with being a communicator to try to change people's perspectives because living life with anxiety, nerves, insecurity, concern, fear dwelling, indifference, apathy is really like not the way to play this gift called life. Gary How do you like I'm going into some spiritual crazy pieces in my mind that are practical like oh, wait a minute. Maybe the answer is if you're not happy, you have to go crazy simplistic and like move to Peru and work on a farm because then you just reset the whole thing and get into a simple State because a stunning amount of people that live a very simple life with very little income in second and third world countries have remarkable happiness all the time. and so if you're not cut out for the muscle and bustle of a first world country, then cool. Who gives a just because I am I Don't think that makes me special or good I Just think it fits my DNA But for you, maybe you should go to and lived there full time like I'm really like going there like I'm really challenging my self to figure out the world and then talk about it like I'm into it. That's what I want to do. so we're so it's interesting because I've I've kind of just done that. Um yeah I'm Irish but I live I've been living in four years in Dubai and don't get me wrong, it's incredible place and it's the hustle bustle and the glitz and the Glam. But I moved to Brazil and you know it's It's a long way away from Dubai But my health has improved, my happiness has improved, my work-life balance is so much better. Um, and you know, yeah, I can be on the in Dubai on this incredible Beach Drinking a 20 beer but I'm just as happy on plastic Furniture Drinking a two dollar beer you know, surrounded by a whole lot more normal people and it is reinvigorating. I mean I am I understand that more, you know? And for me, living this high intensity life is like laying on a plastic piece of furniture, drinking a zero dollar beer like it's all like I don't even I'm not attached to my career, my notoriety, my financial success. I'm not attached to it I have no self-worth tied up in Garyvee or Gary Vaynerchuk the entrepreneur. My self-worth is fully and utterly 100 attached to how I treat human beings. Wow and you live that. but it's interesting Gary because you have to evolve to that and I think people want to cheat themselves on the steps that it takes and so I meet religious people. Well, David I'll I'll tell you I would argue that I didn't evolve into it. that of course I did to your point but I've always been it. what I mean by that is I'm trying to tell people like you and I David grew up in the generation where the world told you what success was right I never got caught in it because I was weird from the get I talk a lot about having my fingers and my ears and being weird about school right school and everyone thinks that's kind of cool. What people understand that they don't think is as cool is I did that for the definition of success like I didn't think I needed a fancy car or a fancy house or a Rolex like I treated The Glitz and glamor of capitalism the same way I treated school which is you're both full of yeah I wish I did. Yeah, it it yet the anxiety part that there has to be I think an education itself that it's not a matter of how much anxiety you put towards or attach emotion to an outcome that you're not there yet and there has to be some sort of uh, look at the journey and you know I watch Gary a lot. Not not for the content itself, but for that idea of being at ease while everyone thinks you're not like if you take a brand and say this guy goes out and he's like a pit bull in a china shop. no, he's actually Buddhist if you really examine not the con like the words, but understand that like he's on a mission to change the world knowing that all Tides move to the lowest point of humility and although the daily activities seem very rigorous, he's at ease. And that's how even last night Gary we were at dinner and everyone's like you're 54 years old. How do you have more energy than me? And I said well, we all have the same energy. You're interfering with it, right? You interfere with the need to be right, offended, separate, inferior Superior 100 I I've been on this hot kick lately with my content: I'm I'm on a new you know you get caught on certain things you want to talk about. This concept of grudges is on my mind in a way that you can't imagine. This concept of grudges might be the most reverse thing I've like I'm really tapped in right now. People hold a grudge and actually think the person they're holding the grudge against is getting hurt, right? but they're getting eaten alive by holding the grudge. It's it's profound to me and that goes into energy. If you're spending all your energy paying attention to the person that you're mad at, to hope that they are more hurt because you're hurt by them, you've got no energy for yourself to find your happiness I told you he's Buddhist All right. Who has the last question for G as we let him go. Um, so I Just want to know what are your thoughts on the the future of Education A lot of us here talking about the Educational Systems broken here at Abundance.io We teach people how to create Business Online Trying to shorten that gap between um, you know, information download to being able to apply it and have some SEC some success in some fact or another. I Know that it's evolved to online a bit, but where do you see the evolution of Education going in the next three to five years? three to five years I Think it's going to be small little steps. a couple more people AKA Thousands of ten thousand more people are going to take their kids homeschooling a couple more people AKA thousands to ten thousand people are gonna let their kids mail in the core education so that they can spend an hour or two when they get home on something that's digital. But I think in a 15-year window, in a 20-year window, you're looking at substantial, substantial changes I Believe Gen Z Call it 16 to 22 year olds today are the generation that won't make their kids go to college. So maybe it's another 20 years where that they start having children. and so then another 20. So you know you know kids people are having kids. A little bit later, they're 20. Now let's just give it 10 18. I Would say in 25 years, you're going to see a substantial, substantial fall off the cliff moment of college. Uh, college kids. And I think that will trickle them down to high school and grammar school. And I think the revolution the cat's out of the bag at this point and over the next three decades we will see transformation more vocational like we used to do it in the 50s. Parents are going to be more not ideological, more practical. So hey, my kid loves being a mechanic. Like let them learn to be a mechanic. Now the reason I'm a great entrepreneur is my mom. let me be an entrepreneur from 8 to 18. I came out guns are blazing at 20. You know people hear myself, you know like I was a I was a veteran by the time I was they're like wow at 22 you built your dad's business so fast. How? I was a 14-year veteran in business. By then you know that's how and so I think we're going to see that I think we're gonna see more skill sets more? Alternative Learning Um, it's just so obvious the world's changing rapidly. Yeah, and we need more of Garyvee. And in case you didn't know what a Garyvee was, you now do. And uh, he has blessed us all. Gary Vaynerchuk I am honored to be your best friend. at least for this show. His best friend make sure you get that content. The guy taught me this thing. Hi everyone Take Care Thank you Gary Okay, thank you Foreign.

12 thoughts on “The truth about being an entrepreneur – with david meltzer”
  1. Avataaar/Circle Created with python_avatars Invest To Live says:

    Sold my biz in 2008. Worked easily 80hrs a week.

  2. Avataaar/Circle Created with python_avatars Miranda Marina says:

    the anxiety perspective got me — I’d like to see him talk more about that

  3. Avataaar/Circle Created with python_avatars Fast Allowance says:

    The fact he is trying to dodge NFT questions these days and convince everyone that he believed 99% of NFTs were going to zero and he said this 4,000 times shows me he lacks character. Provide the links to your content where this is true. Why not just say you were wrong and people got financially hurt listening to your advice and hype. Own it and move on. Would have at least some respect left for you then.

  4. Avataaar/Circle Created with python_avatars numberoneappgames says:

    Being an Entrepreneur is playing THE LONG GAME. <3

  5. Avataaar/Circle Created with python_avatars Frank Rafalian says:

    Keeping grudge against someone is like eating poison and wishing the other person to die!!!

  6. Avataaar/Circle Created with python_avatars Mohammed Khalid says:

    Happy birthday to you 🦉❤️

  7. Avataaar/Circle Created with python_avatars Nash Potatoes Outdoor Show says:

    Man, those guys need to get their audio figured out…can barely hear them.

  8. Avataaar/Circle Created with python_avatars Ron Ortiz says:

    Love this Gary! You inspired me to start my channel. Thank you for all you share. Stay safe. 🙏🏽

  9. Avataaar/Circle Created with python_avatars Myyoutubechannel says:

    Gary vee 😀

  10. Avataaar/Circle Created with python_avatars Hoochly says:

    That dude is proud of that hat. 😂

  11. Avataaar/Circle Created with python_avatars fitforfreelance says:

    I like the comment on family dynamic. Communication and thinking macro are crucial!

  12. Avataaar/Circle Created with python_avatars Hola! Sam Eisen says:

    The market cycle actually has not met it balance, we continue onward round around and around while hanging tight for that tremendous victory on a colossal >support yet meanwhile we could constantly disregard the market promising and less promising times and remain completely contributed. Enormous thanks to Harvey Creswell for assisting me with acquiring over 15btc in about a month and a half by carrying out his technique and following his guide<

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