The GaryVee Audio Experience

There are Actions Needed To Start Raising Entrepreneurs Right | GVTV Classic

Jul 7, 2021
In this engaging conversation, Matt Kalish, co-founder of DraftKings, shares insights on entrepreneurship and alternative investing in the sports world. They discuss the importance of financial independence starting from a young age, emphasizing practical experiences over traditional education. The challenges young entrepreneurs face with parental expectations are examined, along with the value of video games as potential entrepreneurial tools. Kalish also highlights the booming market for sports card investments and the passion-driven avenues for growth.
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ANECDOTE

Early Hustle

  • Gary Vaynerchuk worked at his dad's liquor store and engaged in various business activities from a young age.
  • He believes his entrepreneurial spirit is innate and was evident even in childhood.
ADVICE

Embrace the Struggle

  • Be prepared for a lack of financial support if you choose entrepreneurship.
  • True entrepreneurs handle the initial challenges and ramifications themselves.
ADVICE

Flip for Skills

  • Start flipping items like cards, sneakers, or closeout goods to learn valuable business skills.
  • This teaches negotiation, market dynamics, and hard work.
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