How Gary Vee Predicts The Next Facebook (Every Time)

Date
Duration
52 min
alright we got gary v in the house ever everybody is gary v because he's all over twitter and instagram and linkedin and he's invested in twitter and slack and facebook before they ipo gary's fun we brought him on and our goal was and let's ask him a bunch of questions that we're genuinely curious about like which of those investors actually paid off the most and it was a very very surprising number we also talked about what he's excited about now and and we asked him about the mindset and what he noticed hanging out with people like z or logan paul or different different characters like that so enjoy this episode with gary v it's a good one i feel like i could rule where i know i could be what i want to put it all in in like a day's off gary what's going on man how are you i think sean saw something recently that you'd had posted that i thought everyone knew about you sean what was that thing the report card most podcast podcasts are with an intro we start with little ball busting so i have here gary's high school report card which you tweeted out to be fair so i'm not i'm not putting out there you didn't already do but i thought this is kind of amazing so you tweeted out a picture of your high school report card i'm just gonna read off a few few of your achievements gary got a a c in ceramics a d english and f in german p you got an a that's the only a you have on this report card i think algebra d this one's kind of amazing speech which like you are known for speech you got a d drivers at d gary you were what a turnaround what a turnaround what's your reaction when you see this that a lot of data in the world is dirty it's fake data and i think school grades are just not a tremendous indicator of what's gonna happen the speech one is crazy the the report card i i tweeted out was the recap of all four years of high school the so little fun facts to build on top of what you just said i got an f in all four marking periods of german one freshman year i re took it sophomore year i got a d in the first marking period and then proceeded to get all f's failed language my freshman and sophomore year and in the state of new jersey in nineteen ninety four if you did not pass two years of language you cannot graduate high school so i'm walking to junior year high school and took spanish one with all these ninth graders as a junior and i had the pressure on and looked like i got missus senior kennedy saw something in me and forced me through the system otherwise it was over for me but yeah i mean the speech one really stands out to your point sean right like to think that i got a d speech which was give a speech in class right which i did well it just that i you know i told my mom oh my mom and i talked about this this weekend i literally did not open a book in four years of high school and did zero homework like you know they would everyone was listening went through school i think like they would assign a book report and like it's not that i did it poorly it's said that i didn't do it just like didn't ever i literally in four years of high school did zero horn zero like i something happened where i just knew that you know at that point high school i was already working my dad's like our store and selling a lot of baseball cards at shows and just kind of and it was gl this is pre internet the world was different i grew up in an immigrant family we lived in like we just moved to like rural new jersey when i tell you we lived at our own little four five person cocoon my family we really did it was very very very in hindsight deeply immigrant you know what i mean like didn't have like america like my parents didn't have american parent friends like my mom wasn't friends with any of my high school friends parents like my mom asked me about what i'm doing for college february of my senior year i was like mom it's over i'm not going to college she lost her line and forced me to like go and i got like a postcard in the mail from mount ida college filled it out and that's literally how i went to college like so you know i think if i was growing up today my intuition is that it would've have been okay for me not to go to college and it would've have just all been handled differently and honestly i think my teachers would have said to me like i have a bright future instead of saying what they did back then which was you're a loser you're gonna be garbage man that was the big thing sean sam in the nineties your teachers would tell you you're gonna be a garbage man which i think is really crazy because actually it's a very good living with a high beef has a high pace now our friend just garbage business that he's do it like three hundred grand a year of it at company some joke on you miss kennedy yeah one of the things we do is always just what are you excited about like what products are you seeing what people are you seeing what cool stores are you seeing that are kind of that you're genuinely excited about you guys seen break the web no what's that dude they got a great tagline so it's break the web dot c the internet official score this apps my attention trending topics on twitter was so big for me back in the day when it was desktop only break the web is an app like it's just what's trending right now and that it seems like the underlying tech is pretty damn strong like you know how everybody loves to throw out ai or this and that you're like if you're smart you're like this just a collection of apis or anything like this one's a little bit better and like i don't know if i've put up my home screen which is not something i've done it a long time why why do i like it well yeah mean it's like i'm looking at it now and you just showed it to me was all a new stuff i don't really pay attention i don't like you're yours that's all the word gaza trump and like five of the words where they're important but like i don't i'm not going to like read like news first of all great observation brother for me as well like honestly something that's on my mind is everyone needs to consume less news because while it does is push fear and negativity and like it's just so scary like how fucked up that is so it's funny same brother i don't really click into that stuff so right now it's brand new and i when i met with the founders i only met with them for like ten or fifteen minutes asked them i'm real quick i'm like can we get this categorized out and they're like yeah that's on the road map like i just want i need pop culture on consumer trends so like to me i'm like when i look at madonna fan i'm like what is that you know madonna mistakenly scolded and again right now what they're what what's it's interesting though is that it's a great indication of where we are in society like back to when twitter trending topics it was less political and and it was really valuable like the reason i like it or the potential of it and obviously we're in a election season so now this will get eaten up to your point sam on this stuff but it is an indication of the pulse like i'm always looking for what's the indication of the polls so what people give a fuck about dude so these guys are it looks like only has ninety reviews oddly both of these guys used to work at a bakery the ceo worked at coffee the other guy used to work at specialties cafe and bakery so they're both lovers of baked goods i then they decided to launch this it's it's three years old but it's not popular yet what so what do you what's your prediction things gonna be huge there's no prediction back to shooting the shit to your point sean i'm not overly like oh break the web is gonna be the best the concept of dates so i a new book coming out soon this year right i finally feel like i've synthesized what i actually do like long form me twitter i think literally have a meeting today where i'm gonna post my hundred most successful youtube videos on twitter here over the course of the next couple months try to stagger a little bit because it's just very clear that twitter is it's gonna push it right i don't know if that's gonna work i think they're i agree i agree they're pushing it but i just don't find myself using it that way yeah that's a great call sam like what i know is that i'm i never have an interest in guessing if something's gonna work i have an interest in executing on anything that might work and then dealing with the ramifications of the ups opportunity i guess when you can test for cheaper than there's almost cost to guess right like it's not expensive to take your best at youtube videos and rep have somebody repo that's a easy way to learn because you you talk about day trading attention right all trading is mis priced assets that's true and and i would and i would argue that attention is the most mis priced asset right now that most impacts everyone so why is why is that there is nobody that will ever listen to this that doesn't need attention as a currency to achieve what's in their stomach whether they wanna raise money for their pt be president of the united states get more listeners through their podcast sell their sneakers they're the only asset class that i think is universal is attention even a parent trying to hone parent to children need their kids to listen to them to be able to get the message across the currency of listening is we're consuming is is profound and we're living through the mass fragmentation of that right if you think about let's use parenting was a lot easier to get your kids to listen when in nineteen fifty four eighty percent of family sat down had dinner together and at for like an hour and a half and you did it right and like so those parents were able to message in a very interesting way whereas now they still can we have technology you could send a text or a sam and sean clip to your kids to get them and think something but there's also so much supply right with the demand on side being the same there's only so many hours in the day now the human brain i think has capacity to keep a lot more information than we think nonetheless for me more narrowly as someone who it loves business and loves you know to think about it you know it it doesn't matter what you're selling and it doesn't even matter it what you're saying until you first get their attention and then everything is about what you're saying right what what's interesting to me is i think of it i the acronym i use internally at v media is packed platinum and culture right and so break the web plays in culture right like there's two different currencies that i think about constantly or two different frameworks one is platforms what is what are the top twenty five platforms that have people's attention doing what do they care about from snap to pinterest to linkedin to youtube even within themselves youtube shorts differently than youtube this collective that of like fifteen twenty places right that really have quote unquote the attention what are they up to how did their algorithms work what are their features doing and i think about them on a day to day basis right and then and then i think about culture like what is this slang what is what is the things of interest the people of interest right and and then it becomes a framework of like what's overpriced and under priced execution so for example i think super bowl is the most under priced media in the world it's very hard to get a hundred thirty million people to watch thirty seconds of a video and actually want to and pay attention to it right so that's seven eight million dollar vague i think is great the problem is the creative is the variable of success right so the media might be a great deal but if your thirty second video is forget or stinks or you over paid for making it right verizon paid beyonce to be in that commercial if they paid her five hundred thousand dollars i think they stole her if they paid forty million i think they over were paid for her i don't know what the number is my guess is it somewhere in between but that is basically how my brain works and how i think about communication and marketing and brand building and perception changing in just a whole world it's how i think about the world have you guys let me tell let me ask if you guys have seen this in in terms of cool shit so per complexity is awesome but they have this new thing with i didn't see them talk about it a lot it's called complexity ai slash podcast they've come out with a daily podcast that's five to ten minutes long that's written by complexity and it has beautiful background music and they've got this british guy have you ever seen those like planet earth videos where it's like now we see the mother c to go yeah they've got this voice set sounds exactly like him reading like the script and it sounds awesome the voice is powered by this thing called eleven labs dude i went to a eleven live sean i uploaded a ton of our voice and i was like fuck it let's just see if i can make like a podcast it's way but it's like it's the best thing i've ever heard have you guys seen that come up with the podcast and see their voice wanna see sam speak hindi eleven labs made a clip they just translated the podcast auto auto debit using ai and and it's phenomenal by the way it's something we've been working on for about a year like i'm i think next year is the full year where like every single thing i do every video every language like we're there dude i i haven't seen sam i haven't seen the podcast but i just took no like i can't wait to listen to it like but that's that's so good and they've not made a big it's this has not been like a big hoop love done i i randomly came across it was listening to it i'm like i'm gonna listen this every day this is great it's david att burrow telling me about like the news it's sounds it's awesome which link which lane would you go do should we do hindi is that the one i'm doing everything like yeah if you're gonna do one you might as well do yeah it's just like i just think that i also think like everyone's gonna go after the big like for example i get excited about portuguese i'm like fuck everyone's gonna go to mandarin and hindi and like the big number you know i'm like i'm just gonna own portugal in brazil like it like but but that's tongue in cheek i think the reality is over next three years all it's gonna go down and cost so much that it won't even like the the us in seven years are gonna laugh that we ever had it just in one language if they won't even understand they were like dude have you ever seen that talk that this guy alex schultz gave about facebook's growth he was the he was the top facebook growth guy like earlier he when they created the growth he was him cha and the guy i think javier who now runs it and he's like he put a chart up and there was a it was a yc yc talk and he puts a chart up on the screen there's a bunch of dots he's like you know all these dots are feature releases and you could see one dot where everything starts growing right after that he goes anyone wanna take with take a guess what that that dot is people in the audience like photos photo tagging it's when you release mobile with you what is we don't know and he's like language translation local language translation he goes the biggest growth driver in facebook's growth bar on was when we when we localize localized the service which is like was not easy they actually i don't know you know this facebook had to do like a wikipedia thing because there was you know there's a hundred eighty six countries that they had to deal with and so they were like we need users to basically re re translate the site for their local region and they incentivized people to do that and that's how they mass translated overnight no other social network did this and it took off so that was the first time i heard about this the second was when we did our our basketball camp with mister beast which gary i advised you to you gotta come next time mister b space that we host a basketball camp at his house and he did this presentation he's like he's like here's one thing i'm doing that nobody else is really doing which is every video i do i now created channels in portuguese and everywhere else he told me jimmy told me that whole thing several years ago like this such a good bet but by the way tell me about this basketball camp because i'm playing basketball tomorrow at six am like this is how much i loved it i'm forty eight like you'll fit right did that we got there's plenty wheelchairs and i device dude it's but i'm nineties knicks fan so no easy lay ups is that is that politically correct in this basketball camp yeah yeah you can you can hack her hack your hard away it's all good we yeah actually i wonder if you do anything like this so we do this thing where it's called camp m m which my familiar to m mfa so we we were like we liked the idea of getting together of like you know when you go to a conference you end up having a good time you go speak somewhere you end up having a good time but there's kind of this dread in my stomach of like fuck yet had another conference like i just don't wanna do the boring i just i guess have a resistance of doing the same thing everyone else is doing in general and so we were like how do we get the benefits of going and networking without ever calling it networking or a conference or anything else and so we created basically an adult summer camp it was like what if for a weekend we just rented a house and in this case we actually just stay at mister b house now because he he ended up wanting to come and so we we go to his house and then we bring in a trainer from the nba he treats us like we're you know washed up nba players basically he puts us through their program and we just play ball all day when is it one just happened but it was big it was like the founder of airbnb mister b all these guys joe is the best joe i have an email from joe that says gary were fans we want you to look at our company and it was joe at air bet breakfast dot com and i never saw it you know or maybe i did and just like but i look at that email i haven't own a separate laptop but i look at it what once in a while just to like i love it i'd like this is actually a fun segue back to chopping it up if it was just su and everyone's this where we're going where do you guys sit on losing so we just talked about basketball so i just think about me go to this basketball thing and like my favorite thing in basketball in pick is to lose the first gate it is my favorite and i talked about this on steve bartlett a billion fucking emails about this there's something that just like the blood in my like everything transforms in my chemicals and then everything in life like everything stops and the only thing that matters to me in the world is that we have to win game to that's so funny he said that when we did the camp the same thing happened the very first game i'm trying to be the host of the event i'm like okay yeah you guys play i'll set out first no problem we get in i'm like i'm passing the ball i'm like oh that's joe webb let me not let him drive i'm not gonna try to hurt the founder bear airbnb or mister beast oh that was cool man you know i see someone taking a video i'm like it's cool that's gonna be a cool clip it's gonna go viral they're i'm like wait fuck that i'm in the clip he's scoring on me and i was like he's no longer mister beast that's jimmy and that's joe and now we're competing to win and then the whole event got a lot more fun when it equal everybody all the job titles dropped and it's basically who's here to win who's here to play and that's when it got real it's why i love entrepreneurship where i was where i'm going with this is that email like excites me you know like i'm like yeah eat it gary like dude that one would have been a bigger one for you than uber too no it wouldn't like maybe but no because i was the they both probably believe it or not this is how much startups were back then they both would have been priced between four and eight million that's crazy right i know bro i got into tumble b round b series b not angel not seed not series a i got into tumblr series b this is actually it right here is my twitter tumblr facebook stock i got into tumblr series b at a fourteen million dollar valuation but that's like you know proceed now that was literally two thousand seven or eight right we're only talking sixteen years ago so like you guys are young dudes so think sixteen years ahead how old will you be in sixteen years shut dude i even wanna know fifty two fifty i gotta what sam how old right honestly noble bullshit i don't know if you guys hang out with like sixty seventy eighty year old business people like i do a lot of that because it's the best i mean to me the two extremes are the best right hang out with the seventeen year olds that are like shitting listening right now shitting on all of us saying these fucker are gonna wait till you see what i'm gonna do and then seventy three year olds who are like just like the amount of sixty set of sixty forget i think it's like literally children seventy and eighty seventy and eighty to me just it's stunning to me how many seventy three seventy five seventy seven year old businessman men and women i know that go at it because they love it it's still what they do and it gets me excited because at forty eight it's like man i'm still like i'm in half time right like i'm in like makes you know i i get excited about that i wanted to ask you about that so i think you and i kinda have similar backgrounds so where i was like raised around like like kinda a a a rough crowd every once in a while yes and still kinda have a little bit of that where like i enjoy like doing like good ratchet shit every once in the while insane and gary sam's nickname on the pod is hose water because he's just no water fountain baby just drink it straight out the hose we sam water dude i love man holmes water was the the best dude water i drank out of the hose literally from nineteen eighty two to nineteen eighty dude i i i i peed the backyard and more than a pee in the toilet basically call me look on no hands like every day so listen i had a question so you so like we kinda we're we're all three probably a little bit similar where it's like kinda like did a bunch crappy stuff and now gary you're older in a little further along in your career in terms of success than we are but we've both both don't some been interesting or we'd all done interesting things where we're able to hang out with some of these guys who are like legitimate billionaires i'm i'm sure you're i don't know if you are or not but you're not you're in that ballpark so and i see with michael rubin and whatever you you know you hang out with some of the the shot colors of the world what do you think is the difference between the store owner who's doing like you know a retail guy doing half a million or million dollars a year the ten million dollar year business the hundred million dollar net worth person and the billion dollar net worth person do they all have similar ish mindset just maybe luck or industry they pick the right the a different industry yeah two things it's it's twelve thirty four i still don't know why eleven eleven has everyone's attention and twelve thirty four doesn't it the one two three four is just so cool anyway make a wish real quick i close speak wish but we should start a trend and try to make twelve thirty four matter for entrepreneurs that's a really fucking fun question sam my brain as you were asking it goes me on one two three four but yeah i just have to little over and see it caught my i what we thought about twelve thirty four i've always thought it was interesting that it has no pop culture relevance i believe the first thing that goes through my mind on this question is risk tolerance and fear right by the way i i just had an idea of twelve thirty four more i got i get i i i use it twelve thirty four should be where you shoot your shot i love that when you see twelve thirty four that's when you gotta send that text you gotta send the tweet you gotta send the email right there that that's that's the idea for twelve thirty four we can make this a thing can you get somebody to register like twelve thirty four dot orders like i feel like you know i don't want these hustle kids like the thirteen year old be would listen to this and immediately register twelve thirty four dot com not i think it's fear i think i think about my dad a lot my dad i think it's how people view their ability to go backwards so i think there's something very scary about my chemicals and sam i've always felt this in you as well it's funny that you brought it up i don't know if you i don't know you well enough to know this and i'm not even sure you're gonna believe me when i say it but i do think you have a good shot of understanding what i'm about to say my favorite rocky is rocky six when he goes back to philly with nothing sean there's something so weird in me and it's almost like am i sand bag myself like i'd be i'm gonna be very vulnerable here like i don't view it as like i'm cool i actually view it as i'm potentially flawed right like there's something in me that romantic sizes being okay with it all falling down i'm back in like queens in a you know four hundred dollar a month apartment the entire internet is like see he was fucking overrated i told you know all the people that love me all the friends they have that don't love me are like see your fucking guy was a loser he fucked it up he sucks that i don't know why i like that but i believe sam to answer your question it's something to do with that chemical i believe the people that i think you brought up some good stuff i think a lot about if my dad had a supermarket instead of a liquor score i would have taken that to way bigger heights because liquor was you couldn't ship it and you know like that's like the one component yeah there's a ton of serendipity like honestly i think a lot about if my dad didn't want me to work in his store i would've have went to because i fell love with tech i might have went to california and who the fuck it was whatever i had created in ninety five six seven like could we had one of those mark cuban moments say i think about that or you know like i think when you can sell when you can for all of everyone who's listening and if you have kids like this if you can sell you're in the game right like if you can sell you're you'll never be like zero right and so what you got here is one two three four dot com available no dude one two three four is owned by like a telecom yeah that's why i figured that's in pop i like the one like the one thirty seven yeah do that are you kidding me dude i love that i was still i was so talked about this well the funny thing by the way ben my guy he he texted us screenshot of god godaddy one it's one two three four dot org fifteen thousand he just said pull the trigger question mark no no don't don't pull that one we're yeah actually it's a good one i never think you should over pay for names because i think names are made dude i agree i agree right sam but do you know disagree disagrees fucking of da da at i know do know i've been with them multiple times so da founded hubspot which bought my company and i've gotten close with them he's like he's like dude i bought chat dot com or chad chat dot com today i'm like why he goes because it was available was like what are you gonna do with he's like i'm not sure but i'm my figure something up when i pay eight figures for it yeah look he's smart he knows like that you know look as long as doc i mean to me the scare thing for let me let me take a step back not go too fast he smart enough to know is he he could probably flip that because it's a very very very big deal on the flip side there is a little concern for me of what happens when this no longer becomes the remote control of our society right like i'm very fascinated by twenty years from now talk about sixteen years ago on tumblr sixteen years from now if you told me that sixteen years from now we live in a predominant vr world i would be like maybe like i can see that possibility right and you could see that it's pushing in a direction i don't think it's gonna end up being these apple pro go you know google glass snap the facebook thing quest my intuition is that it's gonna have to be much more lightweight but i never underestimate the human being i'm positive somebody's gonna make the contact lenses that work like this and then we're off to the races because now back to the way i think about day trading attention this no longer houses the attention now it's housed here whoever controls that paradigm wins big and then all of a sudden does dot com even matter that is that how the ui ux works does dot com didn't matter at all in nineteen ninety dude that's how i feel the seo businesses is right now with well that's chat gp and and google's just trying to get that's why va media never did search when i started the company fourteen years ago everyone's like what the fuck why don't you do search and i was like first of all i thought if i built a very big company i'd be able to m and a search if i wanted to add it right it was already established i grew up on search the decade the fifteen years before and so here's a good one for the kids if you're building towards the future if you're capable remember that you could always buy the current and that's how i thought about search i was gonna master social in os nine and i felt like social was gonna eat up search anyway and i think it's starting to happen now like search in a weird spot like google's in a weird spot like in in it's in a great spot in some ways but yeah i i think i think search is definitely a different world like if you're business i actually spoke to somebody thursday who is really getting hurt because he was one dimensional on search and i i you know that's such a fear of mind that if you sell your stuff via email via your podcast via your social media content via a search you must develop into a swiss army knife because if you're just a fork if you're just one dimensional you're gonna get caught hey gary let me ask you about that you were saying a second ago you're like i'm not afraid to go back yes do you so like the way that i'd run my personal finance is i've got like my safety net so i've got this like account that has enough money that i'm good forever saying and so that's in vanguard and bots and so was like i've never touched that and then anything anything above that amount i i'll bet it and like to start new shit same so you're talking about like you don't mind going back but but it sounds like that's not exactly how you run your your finances so do you have like a safety nut and then anything above that you're like dude bet best bet at bet better or do you just use profits from va to to make these bets how do you how does that work yes i have i'm gonna be i'm comfortably transparent my i'm very fortunate so my zero is a million dollars but that's it that's it sam wait so you only keep a million in your like liquid portfolio that's your safety net no i have i have other things like i have money in all sorts of places but i have this one place that has one million dollars and literally everything else is in play wow now sean i wanna paint the very clear picture here because i don't wanna create hyper i haven't bet everything on everything but if i ever feel the way i felt about facebook in two thousand seven when i put two hundred thirty six thousand dollars in savings i put two hundred thousand it's facebook right and if that ever happens again like i'm willing to bet very large because that feeling similar to the feeling i felt about the internet when i saw it in ninety five similar to the feeling that i felt about friends or my myspace that little like oh the internet's changing i looked for those moments and you know again i'm willing to go big but to your point sam like it's not like i'll go to zero zero you know a million dollars a lot a lot of money and especially if you're capable if you're capable like i don't know like i feel very reputation yeah correct i also think about face off like where you change like i i like these very like deep shot it goes back to like want to win basketball game like i think it's more i think the worst thing for my love of entrepreneurship that's happened is what sam just said i no longer can do it without anyone knowing it's a whole different game it was so fun when people didn't know what what you're saying reminds me of well two things i think it's super interesting that your answer to what's the difference you've seen in the mindset and the psychology was who's willing to go backwards and almost what you said was you almost kinda crave there's like a romantic idea about going back which i like a lot i resonate with that a lot it's almost like there's tv shows i wish i could watch again for the first time in the same way like there's no greater feeling than going from not making it to making it once you've made it and you try to make more it doesn't have the same thrill adventure satisfaction self respect you know you you have to almost go into different games like i i worry about that like i don't let me rephrase i don't worry about it but i i sense that there's a day where i act i talk a lot about never retiring and dying at my desk and then there's an equal part of me that realizes that i'm very wired in a way where i just might make wake up at seventy nine and be like you know what like i'm done i'm just gonna focus on my grandchild like like i just i don't know i have like i think we're all very like i think we underestimate how long life is you know i think we underestimate our capacity to make car decisions to different directions that we can't see along the way then there's back to luck and you know i mean look we lived through a lot of prosperity the everyone the three of us have gotten very fortunate of where we lived during what era right like there's a lot going on in the world like you know there was people that roaring twenties talking shit like this over dinner and then you know a very challenging thirty years punched him in a face right right and all seem so great in nineteen twenty seven america on its way it's gonna be awesome and then you know massive world war atomic bomb korea vietnam and social and unrest and so you know all these things are like fun to think about it's like fun to like romantic romanticized about the future but i i will say this i'm actually gonna ask you guys this what do you think your personal relationship is with gratitude versus taking for granted i i changed on that once i actually sold my company and was financially free and then like two weeks after the sale of the company the ceo got into a life threatening accident and i was like oh that could've ruined my deal and like like everything like this all could've have been ruined and then i like hit like some threshold i'm like dude i did not work any harder than anyone else who else like who have done some of things but failed this is one hundred percent luck and i'm so grateful that i like it it it just has worked in my way in many ways i feel like i i am luck guy around and it just seems like i'm so gracious for the luck that i have it's it it it's awesome it's changed to more sore i've just been gifted this and i i'm so lucky and i'm thankful but pretty soon so what where are you at with it i'm a different so to me i'm like alright i think people make a mistake they're grateful in the macro so if you say to somebody you're like what are you grateful for almost everybody my family my health yep and and it to me this is the i'm not saying they're wrong obviously those are great things but it's sort of like when a company says our values are integrity and excellence it's true but not useful it it basically has meet leaves no register and so i try my focus is how do you be grateful in the micro meaning can i be if and if i'm in an elevator can i find something in that moment can i get a rep a practice rep of gratitude in that because that actually shifts me when i can take a breath be grateful for the fresh air i can look at something my kid is doing and how silly they are and and just in that moment find something and if i could do that you know ten fifteen times a day that is you know like the the antidote you know yeah i think that's how micro and macro and micro work together i really do think of it as being alive like just thank you for that i'm not that i've didn't die last night right like and a to your point i think when your macro is that i think you're actually i think i love what you said you're just talking about applying it yeah that's how i apply it exactly right my here's my relationship with it yeah that's right but like if you're getting to that place that's how i live i'm like like literally like it's like a nice sunny day in new york today and i'm just like yeah that's awesome right you know like like just choosing positivity like i think people have been so sucked into like focusing on what they don't have or what what's not going well naval has an amazing definition of happiness by way i know if you've ever heard this he goes happiness is what you feel when you don't feel like anything's missing in their life right people think happiness is something you gotta achieve something you gotta go create something you gotta get it's like you know you think you didn't accumulate things that have happened is he's like actually it's just when you're not focused on what's missing well that's right i think i think simplicity is just so fucking fuck man it's so right but you don't your your your life is not simplistic i mean i don't i don't know what your personal life is like i don't know if you have multiple homes and what you own but your professional life is not simplistic i'll tell you why it's simplistic i i'm not attached to my professional success or who i am i'm like in a very weird place with my winning and losing and my gary of it all like i it i care so much but it's a game my professional life is a game right i don't wanna be unhappy like i'd fight for happiness too much and i think it is in the simplicity you're right the day to day is chaotic there's meeting at their meeting at their meeting at their meeting right but i like it i like juggling seventeen balls and i'm not upset about the thirteen that fell on the ground and broke and more importantly i'm not worried about the people who are watching me juggle boo when the ball breaks that i think is massive yeah but boom ava von makes fun of you it's pretty hilarious that is like the ultimate like because i love theo o like like to me back to like where we came from sam i'm like my god like i've gotten to a place where someone is epic theo bond or any other comedian tim dill like i love these guys i'm always fascinated when people struggle with a comedian ra like i think it's like even that's like such flattery yeah that was awesome it was awesome i saw that i was like oh the guy look up to he's he's crossed over to mainstream it's awesome i'm sean what what what were we gonna say well i ask two questions one you show those stock certificates on the wall speaking of winning i saw okay you invest in twitter and o nine slack pre ipo i think the liquid death guy we used to work with you work for you yeah literally work at va media the day before he started liquid deaths facebook pre ipo i'm curious what was what investment was the best investment for you what paid off in terms of you you've made a bunch of bets right and that those are the winners facebook but i've haven't sold one share yet you no shit that's insane but that goes back to it that goes good yeah that that goes back to jo over horse i tell all my friends like who get into investing i'm like man they're like what have you learned i'm like what i've learned is when i only invested in the person who when i'm when i i've hit this new state where like i'm really trying to be obsessed with the person and the idea and if either one is in like an a plus then i'm like right you said and or or and right okay but horse that's right but if i ore it fully person not idea what year did you do that did did you do that deal facebook i two thousand seven oh my god so i mean i even know what that you'd be up four hundred times i don't know i mean a lot a lot hundred x at least i wanna get your rapid rapid tech because i know you've one of the things we do on this spot is we kind of we love anecdotes and also little little insights on people that we think are wired in an interesting way maybe not even the way we wanna be wired right like yeah he el elon is really interesting we don't think he's perfect we think there's bunch of things he does that are cringe we think this bunch of he does that are epic so i'm curious you've bumped into or have i've studied or have an opinion on any of these people so i wanna go rapid fire see if you have something give us give us like either say our story so yeah so is this from outside affirmation or either way map them inside observation either one or if you have nothing you could say pass i don't have anything on alright so first one i wanna do is z you've talked about facebook and the jo give me z dude i think he's un uncomfortable underrated like he's the only person that i've met back in o seven like in this era now i think it's getting more obvious but he understood attention he literally tried to buy twitter he bought instagram he bought whatsapp app he tried to buy snap he just understood attention was the only asset and and he's so nice he's a nice kid like like he just a very simple nice kid i'm i'm happy with the way things are going for him a little bit right now like people can see out like du he is like you seem like in the corner the u seat you're like this is just a nerdy kid who's like you know what i mean like and he doesn't give a fuck now people will think it's because he's got a trillion but like it it's just he's just like a dentist son from cadet he's just a fucking nerd with no bad intent poo fucking spent his childhood coding which put him in a position right he put him me hours i'm i'm a family i think he's a think he's a very good operator and the reason i've never sold a share facebook is i've been committed for a long time in this in my own mind which was i'll never sell until he's gone logan paul so do you know that logan paul was starting to emerge very little on vine when va or media for virgin mobile did a campaign called finding the next vine discovered him right like when he was i think he had like fifteen or eighteen thousand followers at the time it was crazy and full by the way full disclosure jerome jar who was one of the ten most followed people behind who's my partner jerome and i i've launched the first influencer an agency called grape story back in thirteen he was the one who said you know he he let me pick from three people i think all three of them got big but i think logan is you know he grew up in the limelight right you think about like what happened in japan or all this stuff like it's tough these kids are you think about child stars when we grew up we all knew that like child stars would be fucked up right and now i think like everyone's going through that the limelight is hard so i i think logan is well intended i think he his very entrepreneurial like very entrepreneurial and i you know i i i i've always thought of him as like a mark mark or or a fresh prince or a the rock meaning i always watched him from the afar and i got to know a little bit i was like okay this kid is logan paul today just like mark mark was mark mark before he was mark w just like the fresh prince or you know what will smith was before he was will smith i've always thought that logan would cross over and he has obviously with wwe in a lot of ways and i think that will continue like if be told me low logan is like an action star and is like at like the way john cena was at the academy awards last night like is logan doing that in fifteen years something like that makes sense to me that's how we spoke same he's only twenty eight he's he's only twenty eight years old the dude basically like know he's fourteen or whatever like one he won in the social media game now he the and then think about the pivot right both him and jake but the thing about the pivot now he's got impulsive he's got the podcast where he's super chill it's the opposite of crazy vine prank guy yeah he pivoted to like he's the guy asking questions he's in he's curious if you got like you know the popular podcast goes wwe becomes a the champion in wwe creates prime which is gonna make him a billionaire by the time he's twenty eight twenty nine years old now because prime is probably gonna worth tens of billions of you know they do i think two billion in sales last i'm in this world like prime is definitely like a two depending on the time they decide to trade it it's two three four five six seven billion that high seven to misunderstand i talked to mister beast and he was like twenty billion is where prime is going like that would be very very i mean that's like look i never underestimate me jimmy foresight because he's great and i've known him a long time but just being in m and a at cp g levels my intuition is that they won't be patient enough to get to that big of a number right like like they're not operating the other guys are they got the other guys operating are yeah they're pretty young too though yeah and more importantly shit like i said shit changes like everything's until it's actually in front of you it's all kicks and giggles and we're going to twenty until you fly to atlanta and coca cola factory offers you five point nine and you've gotta sit there as ksi and logan and those guys and say okay if we say yes because you know what they're gonna say you guys are like this so you're gonna really understand what about to say you know what they're gonna say they're gonna say we could do this right now and then in twenty four months start a new thing you like a shampoo for a deodorant and sell it to duck like so i i think it's it'll be interesting to see how long they hold their breath and don't forget one bad year you guys know this how businesses work one bad year takes a lot of leverage off the table in a negotiation and so you know they'll be thoughtful about that because no matter what you are once you saturate distribution and don't forget they're selling on something that's more like supreme right they're selling on cool cool yeah right kids are buying it literally to drink it for the status symbol like a fashion brand and that can only last so long z cap is were only cool for so long those are the fuck he that's the point the we mean you have no she reference was for all the jersey boys they grew up in late eighties early nineties people google it they were the hottest jeans pants if you lawyers you're z trevor cheese you were enough and i didn't happen by the way i was saying great life but they were fucking just can't compared private jin jeans who are you gonna say sean well i asked you a bunch of names that are you know basically names that people know i'm curious who do you think is dope who are you learning from and who are you kind of admire who do you admire who do you learn from who are you inspired by because okay a lot of people are inspired by gary v who's gary inspired by that's a great question i'm a little weird on this one but i'm glad i brought up break the web i'm like inspired by the collective more than an individual the field yeah i love the field brother i i i just like i spend almost all of my time on the collective so i don't even have the allocation of time i also very inspired by the following person show me the person that's currently living through massive adversity like somebody list i'll tell you somebody who's ten times more inspiring to me than i think i am or deserve to be to others show me the kid that's listening right now whose father passed away from a stroke he's sixteen he's got the three younger siblings and his mom has to now work two jobs and he's holding it down for the fam right he's literally a sophomore in high school and he's basically the father figured out for three siblings he had to quit the fucking football team because he's also like i i'm the son of two parents who lost a parent before they were fifteen and it and back to gratitude i think i got really fucked up by being scared at my parents were gonna die my whole childhood but it kind of converted into this gratitude framework that's insane it makes me unstoppable you know and so yeah for me it's less bezos or elon or you know you know oprah or anything it's it's much more like someone none of us know that is really hit that bode owner energy that that stuff i grew up with and i fuck with it but that person i think has it lucky back to earlier our simplicity like owning your own little business living within your means like like that's fucking kinda chill could be really epic it doesn't put you on like this podcast but it's like a great life in a lot of ways that i see it a lot i lived it what building my dad's business from twenty two to thirty four i not that person the one that's like back to your point sam the the spin of the wheel we created real adverse they'll say it again and not a peep of complaining there's a very small group of kids that get that and they just convert into leader instead of woe me or rebelling i admire that level of ten nasty and grit and accountability and fucking like fuck it like this is i got this is this is it's on me i gotta put this shit on my shoulders i'm gonna do this for my three siblings like i admire the fuck out of that kid i had a i i wrote down a quote when when i was doing the research from this i think is is exactly what you're talking about you go forget rags to riches some people are just rags to rags just so that their kids have a shot at rags to riches and i respect the shit out of that i love that quote yeah but i'm bro thank you for finding that i really man i'm really affected by that like sam really hit on the head like i hate the word luck because i think that people weaponized it against people that have worked really hard but i but i believe in serendipity and luck quite a bit because it's just the way like i was born in the soviet union like i got lucky to get out of there when i did if i didn't i would have come this country in nineteen ninety one when it fell i would have been sixteen seventeen i'd sound like a ivan drag on these podcasts i like it would been all different and you know i just i i i i just really do admire people who i really do think entitlement and lack of accountability has become a disease in first world countries in twenty twenty four and i just really admire people who play the other way we appreciate you doing this man you got day trading attention coming out i think on may twenty one right that sounds right you're the man we appreciate you hang hanging out yeah thanks for coming on man i gotta jump this board meeting i appreciate alright take care yeah yeah love you guys fill luck i feel like i could rude where i know i could be what i want to put at all in it like a days off on a goal less travel never looking back

Episode Notes

Episode 588:  Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) chop it up with Gary Vee about which of his investments paid off the most, how much cash he keeps as a safety net and what he’s noticed from hanging out with people like Logan Paul, Zuck, and MrBeast. 


Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - http://tinyurl.com/5n7ftsy5

Show Notes:

(0:00) Intro

(1:28) Good news for the “C” students out there

(5:31) Break the Web

(8:12) Attention is the only universal asset class

(12:26) Perplexity.ai/podcast

(14:30) Alex Schultz on growth and language translation

(16:23) Adult camps better than conferences

(20:06) Millionaires v billionaires

(25:44) Planning for a post-iPhone world

(28:43) Gary's safety net

(31:41) Micro v macro gratitude

(37:45) Gary's best investment

(39:08) Gary's take of Zuck, Logan Paul

(45:44) Who Gary admires



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Links:

• Gary Vaynerchuk - https://garyvaynerchuk.com/

• Gary on Twitter - https://twitter.com/garyvee

• Day Trading Attention - https://tinyurl.com/yckc8erw

• Break The Web - https://www.breaktheweb.co/

• Lecture 6 - Growth - https://www.youtube.com/watch?v=n_yHZ_vKjno

• Get HubSpot's Free AI-Powered Sales Hub: enhance support, retention, and revenue all in one place https://clickhubspot.com/sym



—

Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com

• Hampton Wealth Survey - https://joinhampton.com/wealth

• Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch


—

Check Out Shaan's Stuff:

Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd





My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano


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