Business Tips: #AskGaryVee Episode 73: Podcasting, Building Legacy & The Chamber of Commerce

Business Tips: #AskGaryVee Episode 73: Podcasting, Building Legacy & The Chamber of Commerce

Awesome Tip: #AskGaryVee Episode 73: Podcasting, Building Legacy & The Chamber of Commerce

#QOTD: What are you focusing on the MOST right now?
#SIDE QOTD: What do you want from me, AGV wise? 🙂

00:48 – I sometimes feel that giving away some of my best work for free might mean others perceive it as less valuable. Is this a true risk, or is that where right hook balances it all out?
03:05 – Should a new small business join a local chamber of commerce to build a brand in the community they live in? I’ve never had much ROI on networking groups.
04:15 – For the first time, my company is attending conferences to do live events. What value do you place on getting out there and pressing the flesh to expand your fan base?
05:14 – In order for us as a orchestra/choir to grow, how do we get corporate sponsorships from bigger companies?
07:41 – When it’s all said and done, how would you like to be remembered?

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Is there a risk in giving away your best work for free? Of course. Giving away awesome work for free has been my gateway drug to so many great opportunities. But best work needs to be defined for the category you’re in. I’m blown away by the amount of people who don’t realize that their best advice is exactly what you should give away for free. But if you’re a painter, and your best work is the most amazing painting you ever made, and you give it away for free, that’s maybe a different game. But maybe you strategically gave it away. Like to an important museum, maybe. Or to a billionaire that puts in a prime spot in that home, could that then become the gateway to more?

The problem with this debate is that when you are doing something for free, it needs to be strategic. Because what you are looking to do by giving away something for free is create leverage to then do something that is not for free, right? Right. DRock could have made that first video for someone who is not me, and it might not have panned out the same. He might not have received that ROI that he got for doing a video for free for me.

I think that people look at this too much as a blanket statement. For me, everything I give away for free has strategic purpose. I understand WHY I’m doing it, and that’s why it becomes so much easier to do, even though I don’t always expect an outcome from that action. That becomes the big part of this. Way too many people do stuff for free and that expect this windfall behind it. Then when it’s not delivered, they become disappointed; and in that disappointment, they don’t follow up, they don’t try it again. They don’t repeat that action over and over, which actually has more upside than anything else.
Three out of five times it will bring you some kind of value. Don’t focus on the two out of five.

Gary Vaynerchuk builds businesses. Fresh out of college he took his family wine business and grew it from a $3M to a $60M business in just five years. Now he runs VaynerMedia, one of the world’s hottest digital agencies. Along the way he became a prolific angel investor and venture capitalist, investing in companies like Facebook, Twitter, Tumblr, Uber, and Birchbox before eventually co-founding VaynerRSE, a $25M angel fund.

The #AskGaryVee Show is Gary’s way of providing as much value value as possible by taking your questions about social media, entrepreneurship, startups, and family businesses and giving you his answers based on a lifetime of building successful, multi-million dollar companies.

Gary is also a prolific public speaker, delivering keynotes at events like Le Web, and SXSW, which you can watch right here on this channel.

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31 Replies to “Business Tips: #AskGaryVee Episode 73: Podcasting, Building Legacy & The Chamber of Commerce”

  1. #QOTD: Right now, I'm focusing on upskilling. I like the potential of data science and think it's going to be a really powerful tool, if it isn't already. Feel like it's also the kind of thing I can learn the basics of with relative ease using simple online learning courses

  2. I’m focusing most, like the most the most on finding my most passion filled niche, which in turn is also self awareness. Yes Gary I’ve been paying attention. Love all that you do bro, and your legacy is alive and well! Big up’s!

  3. #QOTD At this point I'm focused on a side-hustle of building my local & online reputation as an audio effects technician/repairman. Graduated from uni last year with an EE degree and at 21 landed a salary job which I'm really only utilizing to fund basic expenses, pay off loans, etc. But I have loved playing guitar in bands my whole life, so I'm merging my passion of music with my electronics education. I have a blog, on which I'm documenting my journey of repairing pedals (for free at the moment) and eventually will turn into designing/building my own guitar effects under my own audio effects company. Gary, you allowed me to harness the idea of bettering myself and pursuing what I want out of this life on my own terms. Kudos, godspeed!

  4. I noticed a funny thing about my YouTube behaviour. I waited for a more quiet moment in the video, to type a comment, because I didn't want to pause the video. This tells me that there should be some empty space at the end of YouTube videos. And then I realized that in the AskGaryVee show there usually is a bit of slack in the end of the video. I don't know if this, too, is a strategic decision by the #askgaryvee team, but it's a good one.

  5. #QOTH I'm working on personal growth. I'm turning 40 next month and I've never dedicated time and effort to discovering myself. In another episode you talked about the default to say yes to things or no. My default has always been no. This year I've said yes to so much and am further for it. I'm not an entrepreneur of business, but I think a lot of the same traits can cross over to being the steward of your own thoughts and reactions instead of being an employee to what culture says. I'm glad I found your videos. They have helped me learn new and go in a different direction as far as work goes.

  6. #QOTD: Right now what I'm focusing on most is a large production. My partners have been working on a presentation for months that's gonna end up being probably about 4 hours long and completely revolutionary for our industry (big talk, but I truly believe it). It'll partially be a sales presentation but there're so many jabs in there, I have no apprehensions about getting people to see it =).

    This comment was typed on my dinner break: now back to editing!

  7. QOTD: My big focus right now is building my business from (right now) losing money to actually becoming profitable. I'm behind on the show and right now is Dec 2015, so I plan to hustle even harder in the new year. Hope to revisit this in a year and see what's changed.

    QOTD2: I am from the future and know what you do for episode 100 😉

  8. Right now I'm focusing most on learning about my skills and passion and how that can be leveraged to build the life I want both currently and long term.
    I like the live, on location episodes and interaction with the people asking the questions

  9. I've been focusing on the Mats and teaching kids classes.
    I teach youth jiu-jitsu and wrestling Monday-Friday and train in the mornings
    Putting my head down, shutting up and getting experience in coaching.

  10. QOTD Currently focusing on building new male salon clients for my beard oil company.
    SIDE QOTD I'd like to hear a deep dive answer into building a new business since you have accomplished this a great many many times.

  11. Focusing on Right Now…. Essay on the intersection of power and technology and Business Acquisitions.

    Good show. I like the ghost pro. Again the answers have always been adding value and thought to my own personal situation.

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