Let’s face it: Not everyone is cut out to be an entrepreneur.
It takes an insane amount of dedication and work to make your vision become something tangible and real. Starting your own business is a process and one that is always changing.
As an entrepreneur, you have to be willing to pivot and adjust your business when needed. We’re seeing this right now with COVID-19 — businesses everywhere had to adapt to the current circumstances and figure out how they could serve their customers best at this time.
Being an “all-out” entrepreneur not only requires a massive amount of dedication, but it also requires being able to balance different areas of life. Things like family, physical health, and mental health are also extremely important, and when you’re an entrepreneur, you’ll have to learn how to balance career, relationships, and health simultaneously.
And then there’s the pressure of other people’s opinions. If you decide to leave your current job to pursue entrepreneurship, you might get some push back. You might get some people calling you impractical or impulsive. Self-doubt begins to creep in, and then when challenge comes, your instinct is to jump overboard instead of ride the waves.
Becoming an entrepreneur is a difficult journey, but an enriching one and one that is worth taking. Today on The School of Greatness, I have Gary Vaynerchuk here to share his secrets about entrepreneurship, family, and self-confidence to help you on your business journey.
Gary and his family immigrated to the US from Belarus in 1978. He lived with 8 family members in a studio apartment in Queens, New York, before relocating to Edison, New Jersey. Gary often calls himself a “purebred entrepreneur,” having successfully started a lemonade franchise at age 7 and eventually selling tens of thousands of dollars worth of baseball cards and toys throughout his high school career.
At 14, he joined his family business bagging ice for $2/hr. When Gary identified “the internet” as a land-grab opportunity in the late ’90s, he transitioned his father’s local liquor store into one of the first e-commerce platforms for alcohol in the country resulting in explosive top-line growth. Renaming the business to “Wine Library,” Gary grew his father’s company from $3-60MM in sales during his tenure at Wine Library.
After growing his family business through what Gary calls “underpriced attention,” including the impact of content, e-commerce, email marketing, and Google AdWords, Gary began his own journey of producing original business content as the voice of entrepreneurship online.
Gary is currently the chairman of VaynerX, a modern-day media and communications holding company, and the active CEO of VaynerMedia, a full-service advertising agency servicing Fortune 100 clients across the company’s 4 locations. Today, Gary has more than 12M combined followers across social media. He’s the host of The GaryVee Audio Experience, a top 100 global podcast, and host of #AskGaryVee, a business and advice Q&A show on both YouTube and Facebook.
Gary is a highly sought after public speaker, a 5-time New York Times bestselling author, as well as a prolific angel investor with early investments in companies such as Facebook, Twitter, Tumblr, Venmo, and Uber. The list of his accomplishments, business endeavors, and charitable donations truly goes on and on!
But for now, join me on Episode 955 to learn the secrets to successful entrepreneurship and a healthy family life with the incredible Gary Vaynerchuk!