October 5, 2017

The James Altucher Show: Ep. 260 – Gary Vaynerchuk: Set a Flag on YOUR Thing

Check out Gary’s video – How to Start
Don’t start with money, start with what you loved from the 4th-8th grade
You can build a life around the passions you had when you were 10
Gary does this with football, he absolutely LOVES watching the Jets on Sundays. That’s why he’s trying to buy them – to turn his passion into a business opportunity

There’s depression, anxiety
You have to LOVE losing, you’ll lose every day
Gary is an investor in around 100 companies
You can’t be insecure about asking for help
“When you’re doing what you love, and you’re into it, it really gives you that 1/100th extra inch that you need to really get crazy”

If Gary could only pick one , self-awareness or hustle, he’d pick self-awareness – “If you don’t know who you are, its over”
James – “Humility is the doorway to self-awareness”
There’s a big difference between optimism and delusion
Gary builds business so the content he creates has more credibility

People are missing patience
Squeeze everything you can out of every day
It will take decades, you have to be addicted to it
“Nobody has ever built anything meaningful that hasn’t taken an obnoxious amount of time”
You have to eat shit for a long time

Check out The Daily Vee – Gary’s daily vlog
Make a documentary instead of a feature film
“Instead of trying to make a ‘Three’s Company’, make something like ‘Keeping up with the Kardashians'”
You don’t need permission, just do it. The iPhone camera is better than any camera in the world 15 years ago. Youtube, Facebook, it’s so easy nowadays!
James like to think of this as “Process is Art” – people want to know the how
- Check out these podcast notes for more on this with Ramit Sethi

Gray is coming out with a new book next year – Crushed It
Gary wrote a book called Gary Vaynerchuk’s 101 Wines
“There’s a correlation to doing things around your favorite things. It’s just easier when shit is bad“
One thing leads to another, just start something in an area you enjoy
“The world walks into you, instead of you walking to where the money is”
“If you go to your thing, and set a f*cking flag on your thing, I genuinely believe the world will come to you.”
If you really love something, spend 2-3 hours a day either writing, vloging, or podcasting about it
- For example: if you love coffee, review every cup of coffee you drink on Instagram or invite every barista you know to be on your coffee podcast
To get ahold of someone:
- Gary recommends direct messaging people on Instagram, but approach them with ideas they can USE
- Or you can connect people who should know each other
James – “We’re moving from a certificate based society to a skill based society”
If you have taken the first step and done two episodes of your podcast, use the hashtag #GaryVandJamesIStarted, Gary and James vow to make an appearance on your podcast
Just start! It’s so easy, you can start a podcast with skype, even your iPhone
Check out James’ book – Choose Yourself

You know you’re doing too much when your partner/kids tells you its too much
Gary values his kids’ events more than anything, he’ll regularly miss meetings to attend them

“It’s about doing what you love, you only get this one life” – James
Gary enjoys the process, he finds it hard to celebrate – “I’m winning with every f*cking breath”- so how can he celebrate
- The small wins are not bigger than the process itself to him
- James, however, enjoys celebrating the small stuff
Gary lives for underdog status and having a chip on his shoulder. Adversity is a massive positive.