The GaryVee Audio Experience Fall In Love With The Process | Interview on Behind The Baller
Sep 30, 2020
Gary Vaynerchuk, a dynamic entrepreneur and investor, shares insights from his journey in the wine industry to sports card collecting. He emphasizes the importance of passion over material gain and the emotional ties sports fandom brings. Gary dives into balancing family dynamics with business ambitions and the realization that true happiness stems from personal fulfillment, not wealth. The thrill of collecting sports cards is explored, highlighting both market strategies and the joy it brings amidst life's ups and downs.
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Family Business Considerations
- Be self-aware and understand family business dynamics before joining one.
- Have open conversations with family members about expectations and potential challenges to avoid later conflicts.
Underpaid in Family Business
- Gary Vaynerchuk built his father's liquor store into a large business, but got paid very little.
- Despite increasing revenue significantly, he wasn't paid proportionally due to family dynamics and his father's traditional views.
Wine and Cards
- Gary Vaynerchuk's passion for wine stemmed from its similarities to his baseball card hobby.
- He saw wine collecting as another market with ratings and storytelling, just like Beckett for baseball cards.