The GaryVee Audio Experience

#QOTD: Where do you watch or listen to the #AskGaryVee Show?

I think that Instagram and Twitter are tremendously different. Look, Twitter is the town hall, the cocktail party of the social world. When things happen in the world and there’s breaking news, we’re running to Twitter not Instagram – we want the chatter, not the images. However, I do believe that Instagram has found a way (at least up til now) to gain the most attention from the consumer where we've found ourselves looking at those pictures pretty consistently. 

Attention wins and that’s what Instagram has been able to capture. People are actually consuming content on Instagram, whereas on Twitter, those days are over. Back in the day I used to be able to send out a tweet and although I had a substantially lower reach I was still able to garner that attention. Instagram, due to its image-focused nature, is naturally able to capture our attention more easily. And let’s face it, we’re lazy, and it’s much easier to consume an image than to take the time to read a few lines or click through to a long form piece of content. It’s just the nature of our tendencies, our attention spans, and the mediums where we’re consuming this content, which happens to stem from the palms of our hands.

OH! And did I mention? I have an Instagram account. You should follow me :) @GaryVee

 

Direct download: Episode_56_Exports.mp3
Category:business -- posted at: 6:15pm EDT

#QOTD: How old are you?

Check out my new video channel on 5by!
http://5by.com/garyvee

There is zero doubt in my mind that I can run ANY company. I'm a reverse engineer, through and through. Heck, I don't know anything about 99% of the businesses out there, but I believe that it would take me only about 6 months to absorb the information - the data, the numbers, the culture, etc. - and reverse engineer the business to get it to a point where I can run with it. I'd take a look at the marketplace, understand the consumer that the business is selling to, whether B2B or B2C, and start making my chess moves. Frankly, as an operator, there is no business out there that I'd ever be intimidated by. That's just who I am. Fearless.

Look, this comes down to people and process. You need to have the chops to build teams around you while having the strategy and tact to sell the product at hand. I'm certainly not the only one, but it's few and far in between that you have natural born operators that can take a look at things, assess the situation, and really operate the business without ever having any real experience in that field. 

As I alluded to earlier, this all boils down to sales and HR. People and process. That's why I think I've been so successful. My salesmanship and ability to build strong infrastructures with the people around me is why I have won. Period. If you're lucky enough to have those two traits where you can both sell and build teams around you, then you're sure to win. No question. 

Direct download: Episode_55_podcast.mp3
Category:business -- posted at: 3:35pm EDT

**Listen Up: Ashton Kutcher's on this one!!**

Enjoy :)

#QOTD: Which social network are you hottest on RIGHT now?

Agencies in the market for awards is nonsense. I've been talking about this for a while in the halls of this world and within our industry. At the end of the day, these agencies are being hired to do work for THEIR CLIENTS, not for themselves. They're being hired to tell a story on behalf of the brand they're working for which in turn is supposed to sell sh*t. 

Agencies are using their work and these awards to recruit more talent and to gain more clients. I get that. It's smart in one way, but it's not intended for the long game and it's not sustainable. I'm not trying to begrudge the agencies that do it because I get the business rationale behind it but it's just not a healthy culture. It takes the eyes off the actual prize of doing what's best for the client and I just don't subscribe to it. 

Luckily for us at VaynerMedia, our proof is in the pudding. Our work is the word of mouth of our business and quite frankly, so is my personal brand, but if you've been watching this show, you can see that it's quite apparent as to why this is the place to be. And so, we're not here to win awards, we're here to win our clients over. We let our work and the results of our efforts speak for themselves. THAT'S IT.

Direct download: Episode_54_Podcast.mp3
Category:business -- posted at: 5:35pm EDT

**WARNING: DO NOT end this episode early. Stay tuned 'til the last second. You won't regret it.** Hint for you podcast listeners: ASHTON KUTCHER

#QOTD: Give me some feedback on the new settings of the show. How do you like us filming on the 15th floor? -- Since you all can't see what's going on, check out the YouTube episode and let me know what you think!!

THINGS I VALUE: I'm a humungous fan of patience. Lack of patience has caused so many people to not achieve the upside that they deserve and that just kills me. Another thing I value so greatly is an old school handshake. That really matters to me. Word is bond. Having people in your life that you can trust based on their word goes a long way -- you know, someone that you just know is going to deliver on whatever it is they say they're going to do. 

On the other hand, when someone doesn't deliver on something, I have the understanding to realize that unexpected things can come up and change the course of action. So I completely buy into being nimble and empathetic because you need to be able to understand that things don't always go according to plan, and it's not always the person on the other end that's to blame.

I also think that people that are grateful are extremely attractive as well. NOTHING is more ugly to me than somebody who's spoiled and I also think at some level, hypocrisy is the thing that I hate the most, which I guess touches on my previous point. 

So for me, there's nothing more important than having perspective on things and understanding that although people may have the best intentions in mind, not everything is going to work to plan. You need to be patient and empathetic and realize that when someone says they're going to do something, you'd hope they'll do whatever's in their power to deliver, but while also having the perspective in understanding that things don't always run their intended course -- And that's okay.

Direct download: Episode_53_Exports.mp3
Category:business -- posted at: 6:34pm EDT

#QOTD: Give me some stories from your experiences with company holiday parties. I need gossip, people :) Also, why are you not visiting me this weekend at Wine Library? :(

Google+ is most definitely a failure (in my eyes) for Google. While Google is my pick for the best tech company in the world, they made the wrong decision in doing something outside of their DNA. They tried to copy something, and I think that was ill-fated.

I use Google+ because there's an audience of mine there and it ties in greatly with the YouTube society. There's a small niche group of people that I massively respect that have developed some great communities there. However, much like every social network besides Twitter, it isn't in fact a social network. Most of these "social networks" have become content portals. And so, I still have a great sized audience on Google+ and therefore they will not be forgotten and I will continue to distribute my content there because it's native, and that's what you need to do. Understand the nuances of the platform and deliver based on how it's used. 

So all in all, Google+ is a loss, but it's still something that needs to be paid attention to. Nothing is ever dead. I talk about email open rates being down, but it's still at the top of my current marketing strategy. 
It's about what's happening in that moment. So where is Google+ now? It still merits the time it takes to utilize the platform and therefore I will continue to engage with my community within it. Remember people - follow the eyes and ears. 

Direct download: Episode_52_Podcast.mp3
Category:business -- posted at: 2:18pm EDT

#QOTD: What's the greatest holiday gift you've every received? - India K. :)

With an organization of the size of VaynerMedia, of course you need a balance of employees that are highly skilled in particular focuses as well as those that are considered to be 'jacks of all trades.' So for me, of course both work, but truthfully, I'm a firm believer in the importance of being a 'jack of all trades.' So, for the purposes of drawing some lines in the sand, I don't agree that everyone should focus on one particular skill.

Many people would argue that if you try to know a little bit of everything, you'll never get to the point of mastering anything. My argument? Bullsh*t. I don't buy it. I think I'm perfectly capable and skilled at 19 different things and that's just the way I roll. Look, you need to be able to adapt and you need to be able to evolve your skill-sets depending on the particular situation. In my world, there's NO room for excuses. So when I hear people make the excuse that they can't do other things because they've gone so deep in one focus, it bothers me. 

There's always room to get better in as many things as possible. You need to expand your arsenal because you'll never know when you'll need to tap into more than one skill. It's speaks to your agility and your ability to offer a number of benefits to a certain situation when the time calls for it. You can always get better. Start moving :)

Direct download: Episode_51_Podcast.mp3
Category:business -- posted at: 5:57pm EDT

#QOTD: Are you coming this Saturday? Yes or No? Also, I need your recap of the first 50 episodes of the #AGV show. What's the best thing that it's done for you?

When people bring up my competitors I tend to respond in a condescending way. Quite honestly, I dislike my competitors (in the context of the game/business). When people bring them up I try and tear them down as quickly as possible. My competitors? Oh, you mean those people who are trying to win awards while I'm over here trying to actually sell sh*t? 

Deep down, I'm just not a fan of my competition. Anything I think that'll make somebody realize the value in working with us is something that I will push and fight for throughout the discussion, no matter what. Look, I'm a salesman, a talker, with great tact and enormous empathy. Hence why I win as often as I do. I can read a room and I know in real-time how to navigate the conversation and find my way to the top and win that discussion. Others? They just can't. They may just not be good enough to communicate their value without sounding awkward or inappropriate. Some just don't have it. 

Look, I can play the game and I know when to turn it on and off, but others just don't have what it takes to communicate their worth and their value. I care SO MUCH about my clients that I'll do whatever it takes to make them realize how worthwhile it is to work with me (VaynerMedia) as opposed to anybody else. It just is what it is. Other people just need to apply different routes and tactics. But quite honestly, any other route besides the one that I roll with, is sh*t. Period. End of story.

Direct download: Episode_50_export.mp3
Category:business -- posted at: 4:21pm EDT

#QOTD: Do you think that your culture (wherever you're located) has gotten soft? Do you think we should we have 7th place trophies?

High-end wine is as much of a hoax as the art world is and as much of a hoax as a high-end restaurant charging $10K for a a once in a lifetime meal. It's as simple as supply and demand. Is a stock price a hoax? My answer? Yes and No. 

I used to think that the amount I was being paid for my speaking engagements was a hoax, but then I realized that I was getting compensated for what I was doing for that event. Is an actor quietly getting $8 Million for a movie a hoax, as opposed to an athlete who constantly gets ridiculed for being over-paid? It's all an arbitrage. That same actor is putting people in the seats and ad budgets are being leveraged against the appeal of that actor/actress.

So, can I taste the difference between a $10 wine and a $100 wine? ABSOLUTELY. I live it. It's what I do. The beauty of wine is that everyone has their own palette -- similar to how people have different taste perceptions of art and music. It's simple branding. It's supply and demand. My advice? DON'T. DRINK.GOOD.WINE. It's all supply and demand. If you start to taste the good things (first class plane tickets, front row seats, etc.), you'll put yourself in the position to realize it's not a hoax. It's all perspective. It's context baby! Don't complain about it unless you're prepared to never taste it.

Direct download: EPISODE_49_Copy_01.mp3
Category:business -- posted at: 7:29pm EDT

#QOTD: How was your Thanksgiving? AND, what's your Jets vs. Dolphins prediction for tonight's game?

I literally spend ZERO time focusing on my competition. I don't look to the right of me or the left of me -- It's all forward moving for this guy. I focus ALL of my time on people, the teams around me, and our focus for the future.

Do I know what the competition is doing? Sure, to some level - but I never go deep as my understanding typically goes as far as reading headlines and hearing some of the buzz of the industry. The biggest mistake I see entrepreneurs making is paying too much attention to those around them. Sure, take a look back once and while to see who's on your tail, but at the end of the day your focus needs to be on your own domain. If you can focus all of your attention to accomplishing what you set out to do, full-steam ahead, you'll win. 

Not only will you win but you'll be able to razz the competition a bit while you ignore them :) I find that not paying attention to your competitors is actually a tactic to be used and a competitive advantage which allows you to focus your energy on the work you've set out to do in the ways in which you've set out to do it.

Direct download: 141201_EP48_videos.mp3
Category:business -- posted at: 3:27pm EDT

#QOTD: What weaknesses of yours are you giving thanks for? And be honest. This will help you.

Someone by the name of Tommy Mottola (look him up) once told me that he wouldn't try and sell anything until the artist he was working with and the product they were creating (in this case music) were ready. And I agree with that to some extent because if you're going to sell something you need to make sure that those ready to buy it can actually do so, but it also needs to make sense for the context involved. So let me explain. 

If you're able to achieve and execute on business objectives by building out content and pushing your product or business without the need of a fully built website, then by all means, go for it. By creating content you're beginning the journey of how your story will unfold. The reception of this content will also allow you to test and learn and understand the best approach to creating future content once your business and website are ready for the masses. That process you simply don't want to miss out on. 

And so, a big issue I've been seeing is that people are too reluctant to sell against the communities and the impressions they've established on social. Too many people are caught up on only leveraging their website for banner ads but selling against social audiences is essentially the same thing. If you're creating valuable content that's living on social then you might as well take advantage of that opportunity. Don't get caught up in only monetizing on the platform that you fully own when there's a world of opportunity that exists through the channels you're deciding to put your content on. 

So in short - If the opportunity to create content presents itself and makes sense for the objectives of the business you're trying to build, then my suggestion is to go ALL IN and get moving. NOW.

Direct download: EPISODE_47_Podcast.mp3
Category:business -- posted at: 3:08pm EDT