Gary Vaynerchuk on Why Perspective Will Make or Break You | Impact Theory

Last updated: Jun 1, 2023

The video is an interview with Gary Vaynerchuk, a successful marketing expert and entrepreneur, discussing the importance of perspective and how complaining can hinder success.

The video is an interview with Gary Vaynerchuk, a marketing expert and entrepreneur, who shares his perspective on success and the importance of having a positive outlook. He talks about his upbringing in Belarus and how he overcame challenges to become successful in business. He emphasizes the need to take action and execute on one's dreams, rather than just having potential. He also discusses the softness of American culture and the prevalence of complaining, and how having a different perspective can lead to greater happiness and success.

  • The show introduces people and ideas that help execute dreams.
  • Today's guest is Gary Vaynerchuk, a leading marketing expert and entrepreneur.
  • He faced many challenges growing up, but is optimistic, upbeat, and driven.
  • He has built a successful career and is a prolific angel investor and venture capitalist.
  • He started his entrepreneurial career by selling flowers and lemonade.
  • He made thousands of dollars selling baseball cards in his teens.
  • He believes that perspective is key to happiness and success.
  • Identifying trends is very non-scalable, but it's Gary's talent.
  • He emphasizes the importance of hard work and accountability in achieving goals.

Gary Vaynerchuk on Why Perspective Will Make or Break You | Impact Theory - YouTube

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Introduction

  • The show aims to introduce people and ideas that help execute dreams.
  • Today's guest is Gary Vaynerchuk, a leading marketing expert and entrepreneur.
  • He was born in Belarus and faced many challenges growing up.
  • Despite this, he is optimistic, upbeat, and driven.
  • He has built a successful career and is a prolific angel investor and venture capitalist.
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Early Life and Career

  • Gary Vaynerchuk was born in Belarus and moved to the US as a child.
  • He faced many challenges growing up, including being bullied and struggling in school.
  • He started his entrepreneurial career by selling flowers and lemonade.
  • He made thousands of dollars selling baseball cards in his teens.
  • He went to college and became an early adopter of the internet.
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Success in Business

  • He took his father's discount liquor store from a local store to an internet phenomenon.
  • He founded the pioneering digital agency VaynerMedia.
  • He has built a massive social following of 3.5 million followers.
  • He is a people-first kind of guy and has built a successful business.
  • He is a prolific angel investor and venture capitalist.
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Gary Vaynerchuk on Why Perspective Will Make or Break You | Impact Theory - YouTube

The Importance of Perspective

  • Gary Vaynerchuk believes that complaining is a hindrance to success.
  • He believes that perspective is key to happiness and optimism.
  • He thinks that people lack perspective and complain about trivial things.
  • He believes that his success comes from his perspective.
  • He is optimistic even in times of political unrest.
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The Exciting Times We Live In

  • It's never been better to be a human being, with so much going on and the internet hitting maturity.
  • 15 years ago, it would have cost millions of dollars in production and distribution to have the amount of people who watch this video.
  • High net worth individuals in America are preferring to give their kids unlimited Uber to buying a car because it's safer for their 16-17 year old to go into a stranger's car than to drive themselves.
  • Online dating is now completely standard and sliding into people's DM on Instagram is 89% of relationships.
  • People who think it's awesome and phenomenal have optimistic winning DNA, while those who think it sucks have losing pessimistic DNA.
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The Importance of Timing

  • It's about timing, like beachfront property in Malibu versus off-region no infrastructure islands in the Caribbean.
  • Consumer VR is very far away, and people jump way too far ahead.
  • Timing really matters because the market is not there yet.
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Identifying Trends

  • Identifying trends is very non-scalable, but it's Gary's talent.
  • He listens to people and gets goosebumps when he hears something that excites him.
  • He's careful not to give advice that he knows is uniquely something that he was gifted with.
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The Quickest Tell to Who People Are

  • The way people look at the world right now is actually the quickest tell to who they are.
  • If people think it's awesome and phenomenal, they have optimistic winning DNA.
  • If people think it sucks, they have losing pessimistic DNA.
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Intuition and Putting in the Work

  • Gary Vaynerchuk relies on intuition to make business decisions.
  • He puts in the work to research and understand emerging trends.
  • He learned about video and mobile technology through Socialcam and Vine.
  • He emphasizes the importance of hard work as a learned behavior.
  • Work ethic is something people can control and improve upon.
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Learning from Parents and Team Members

  • Gary Vaynerchuk learned about hard work from his parents.
  • He has observed that people who are closer to the sun tend to work harder.
  • He believes that work ethic is a taught behavior that can be adjusted.
  • He encourages people to focus on what they can control, such as their work ethic.
  • He believes that work ethic is something people can improve upon with practice.
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The Importance of Accountability

  • Gary Vaynerchuk emphasizes the importance of accountability in achieving goals.
  • He hired a personal trainer to help him get healthier.
  • He made a financial commitment to his health and fitness.
  • He is accountable to his trainer and does not want to let them down.
  • He believes that accountability can help people work harder and achieve their goals.
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The Dangers of Complaining

  • Gary Vaynerchuk believes that life is broken down into complaining and not complaining.
  • He has no advice for people who do not complain.
  • He encourages people to focus on what they can control and not complain.
  • He believes that complaining can hinder success and prevent people from achieving their goals.
  • He encourages people to focus on the positive and work hard to achieve their goals.
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The Importance of Perspective

  • Working less hours doesn't necessarily mean less happiness.
  • Complaining can hinder success.
  • Having a hundred million dollars in the bank doesn't mean you can't spend time with your family.
  • People who talk about being successful but don't work on weekends are not likely to achieve their goals.
  • It's important to be careful about what you say versus what you do.
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Instilling Values in Children

  • It's important to instill kindness, perspective, and being a good human being in children.
  • Children should not use their parents' wealth and fame to impose on others.
  • Some wealthy parents use tactics to appear charitable, but it's important to be genuine.
  • Being mean is non-negotiable in Gary's family.
  • Gary is competitive and doesn't want his kids to beat him, but he's happy for others who succeed.
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Binary Thinking

  • Gary believes in binary thinking, meaning you either do something or you don't.
  • People who claim to care about the environment but still buy luxury fashion items are hypocritical.
  • It's important to not be full of [__] and to be genuine in your actions.
  • Gary doesn't want to be a hypocrite and tries to live by his values.
  • He believes in the meritocracy of the game and is happy for others who succeed.
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Being Competitive

  • Gary is a competitive person and doesn't want his kids to beat him.
  • He acknowledges that this is a flaw, but it's the truth.
  • He doesn't want to [__] people, but he wants to win.
  • He's comfortable admitting this, even though it may be seen as a negative trait.
  • He's happy for others who succeed and believes in the meritocracy of the game.
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Gary's Parenting Style

  • Gary wants his children to be all in on themselves and be kind.
  • He doesn't need them to be entrepreneurs or go to Harvard.
  • He played basketball with his kids and let them go up for nothing.
  • He won't let his kids score against him.
  • He loves his kids more than anything but doesn't want them to beat him.
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