Transcribe your podcast
[00:00:01]

This episode of YAP is sponsored in part by Industrius, Kajabi, Indeed, LinkedIn, and Yahoo Finance. Industrius is the leading workplace provider for companies of all sizes and stages. Use code profiting to redeem a free week of co-working at industriusoffice. Com. Kajabi gives you control of your content, brand, and income. Get a free 30-day trial to start your course at kajabi. Com/profiting. Attract, interview, and hire all in one place with Indeed. Get a $75-sponsored job credit at indeed. Com/profiting. Reach top-level decision-makers by advertising on LinkedIn. Go to linkedin. Com/yap for $100 credit on your next campaign. Yahoo Finance is the number one financial destination. For comprehensive financial news and analysis, visit the brand behind every great investor, yahoofinance. Com. As always, you can find all of our amazing deals in the show notes.

[00:00:59]

I think People think money will cover up the scars that make you happy. I believe that people that don't have money believe that money is happiness. It creates convenience. It creates opportunity to do things. One day you'll find out, if you don't believe me, that money does not buy happiness. Gary Vanner Chuck. An American businessman, author and speaker. He's the CEO of Vahner Media, a New York Times best-selling author, four times over, venture capitalist, TV show host, a motivational speaker. Currently, he is one of the most successful digital marketer and social media personality. The reason people burn is because they choose money, not entrepreneurship. Entrepreneurship without the money is the game. You and I weren't picking money when we were selling candy in school. I didn't read a business book in second grade and open up a lemonade stand. My mom didn't tell me to do that. It was delight. It was all I knew. It was my hard wiring. And that's why this fake entrepreneurship era is tough, because a lot of them are making a bad name for the game. If you go and try to be practical and be an accountant because your dad said so, or you think it's cool and be an entrepreneur when deep down, you know you don't have the stomach for it, you will lose.

[00:02:02]

Actions over words. I think the reason that people are struggling is to be able to...

[00:02:22]

What's up, young in Profitors? Welcome to the show. We've got an exciting conversation in store for you all. We are live at Vanner Media offices. I have the honor and privilege of interviewing one of my all-time favorite entrepreneurs, one of my role models as a marketer, Gary Vannerchek. We are going to talk all about his come-up story. We're going to talk about how to become a successful entrepreneur, how to do what you love. We're going to get into his new book, Day Trading for Attention. It's literally a masterclass on social media marketing and advertising. I can't wait to share this conversation with you all. Let's get into it.

[00:02:58]

Gary, welcome to Young and Profiting podcast.

[00:03:01]

Thanks for having me.

[00:03:02]

I'm so excited. You've been one of my inspirations as a marketing expert, as an entrepreneur. I've been listening to your advice for a long time. One of the things that I really respect about you is that you're always giving consistent, productive, positive advice, very different from other leaders out there. You really spend time with the underdogs, with the small dogs. My first question to you is, why is being humble and having humility so important to you? Why do you spend so much time reaching young entrepreneurs.

[00:03:31]

That's very sweet. Thank you. Well, why is it important to me? First of all, I would say that I got very fortunate. I think it's in me. If I'm analyzing at 48 years old, it was in my DNA, and then it was re forced at scale by the person that probably gave me the DNA, my mom. It's interesting. I appreciate you saying that. I think as I'm getting older, people are seeing it in the action because I'm an interesting communicator. I'm competitive, I'm Jersey, I curse. I think early in my career, I was very empathetic that humble wouldn't be what people first saw. But I'm very proud that as a leader in my career, the actions, for you, it's easy as somebody watches carefully enough. That it's something I'm very proud of. And there's much that goes into it. Why is it important to me? I think it's an incredible trait. I think it's a very attractive trait. I also think it's a very strong competitive advantage. I think humility protects you from It protects you from getting high in your own supply. And it just protects you from a lot of things that I think are yucky for people that win.

[00:04:37]

I enjoy being liked more by the people that actually know me than the ones that don't. And there are many people that we all put on a pedestal that are living the reverse life. It is in my essence. The reason I give back so much is I never want to get away from the kid in the dirt. I know where I came from. It's important to me. I'm aware that we live in a world now where I will literally say something on this podcast, for sure, because I'm confident in that, that's my confidence, that is going to have a positive impact on someone in a real way, actually. That is incredibly fulfilling. It gets me high. I'm so hardwired to understand why wouldn't I. But I'm very empathetic to why I wouldn't and why others don't. I'll give you an example. I have a friend, she believes leaving the home looking pristine is the most important thing in the world. Is there a mix of insecurity there? Sure. But in her soul, I know her well enough, it's like, No, this is important. I don't know if I'm taking a minute to get ready and go out.

[00:05:41]

But everyone's allowed to have things that are religious to them, right? That are their North stars. For me, being a nice person and providing back to the game that put me on is everything. It's everything to me. Entreprene as a framework, especially for kids that came from the dirt, is what was the game that allowed me to have my life. I must contribute to that game at all costs. And that's that.

[00:06:09]

Amazing. Well, that's super powerful. I know that me and you actually have a lot in common. We both have marketing agencies, both entrepreneurs, both have podcasts, both bullish on LinkedIn, both grew up in New Jersey.

[00:06:21]

What part of Jersey did you go?

[00:06:23]

Wachung, New Jersey.

[00:06:24]

Oh, I know it very well. The Wachung Mall, the Toys Rust in the Wachung Mall was a very It was a substantial spot for me in 1992 and '03 when I would pick up toys and flip them at flea markets.

[00:06:35]

At Blue Star Mall. That's what he's talking about.

[00:06:37]

Was there a Caldor there as well back in the day?

[00:06:39]

Yeah, back in the day. Anyway, sorry. Go ahead. Yeah. We're both from Jersey. Now, I'm nowhere near as successful as you yet. There's 500 million entrepreneurs. I'm just one of them. How did you reach the top of entrepreneurship? How are you so successful? Why are you an outlier when it comes to the other 500 million entrepreneurs out there?

[00:07:00]

My perception of it is it's similar to the iconic people in other merit-based worlds: sports, music, and entertainment. I think what's cool about business is you can't hide. What I love about sports is you can say you're good at it, but you have to actually play one-on-one basketball. If you lose 11-0 to your buddy that you said you're good at it, you're not good at it. Same with business. You know this. I grew up in an era where entrepreneurship was not cool. You're growing up in an era where it went completely the other way.

[00:07:32]

Everybody is.

[00:07:33]

Everybody says they are, but are they? I'm a rapper, but am I? And so a couple of things. One, I think because there's more entrepreneurs than ever, but they're not really entrepreneurs. They're aspiring entrepreneurs. They have entrepreneurial tendencies, and so it seems like there's a lot more. That's one. So to your point, the base is bigger. When I was a kid, the word didn't even exist. When I was 13, 16, 19, I'm like, I'm going to be a businessman. That would be the only word I would use. I didn't even know what an entrepreneur was. As a matter of fact, the first time I even remember hearing the word, it seemed like you were a loser, actually. You said you were an entrepreneur, but you were living on the beach and your parents. It had a really negative... And then it went completely the other way. So that's one. Two, back to sports and music, Beyoncé was born with her voice and her swag and her talent. Now, she put in an ungodly amount of work as a child to today. Lebron, as a child. I think where I really lucked out is I put in a work as a child in a world that almost nobody was doing what I was doing at the time.

[00:08:39]

When I tell you I punted school, I don't believe that people will believe me when I say this. But I know that the Adam Blums and the Gary Van Fleets and the Pam Moseses and the Robin Martses and the Robbie Turnicks that grew up with me know this to be true. In high school, I did not do one homework assignment in all four years. Not one. Not only that, somewhere around, I believe, sophomore year, but it might even been second half of freshman year, I, for four years of high school, did not open a book once. I did not hand in one book report, and I guessed on my Scantron all four years, A, B, C, B, A, all four. I got zeros on tests. I was 243 out of 254 in class rank. I had a 1.6-something GPA, and I got a D in speech. I went so to the extreme. Even today, where entrepreneurship is allowed, we're like a 14-year-old entrepreneur now. We're like, Yo, you got it. You're the next Zuckerberg. And we champion them. Even those kids aren't 100% entrepreneur and completely pun school. It's very rare. So I think the reason I stood out was I put in way more work than everybody and had natural talent.

[00:09:51]

That's really the answer.

[00:09:53]

Yeah. And so I'm the same. I was always selling things as a young kid, leading things as a young kid, inventing things. I was naturally an entrepreneur. I dropped out of college to become an entrepreneur. It was very natural to me. For people who don't take risks naturally, who aren't naturally creative, do you think they're cut out for entrepreneurship?

[00:10:14]

No, it was different. But risk is the requirement because you're naturally risking from the second you start. You are saying, I am good enough to stand on my own two feet, and I will either succeed in all your faces or I will fail in front of all your faces. The majority of human beings Earth do not have the stomach to fail in front of everyone's faces. One of the other ways I could have answered your last question is because I'm not scared to lose. Why did I achieve a lot? Because I wasn't scared. There's many things I was scared to do. I don't want to jump out of a plane, so I'm not a good plane jumper. But when it comes to entrepreneurship, my giving a fuck about people's judgment on my failures is zero. And it's been zero for so long that it's so ingrained in me. And if you can't deal with judgment, and if you can't deal with taking a step back, you know how humility works? Do you know what it feels like? You're going through a very interesting journey, and so a lot of entrepreneurs right now, one of the worst feelings in the world is to make a lot less money professionally than you used to because you once taste the alternative.

[00:11:18]

Never making $100,000 a year and living $70,000 a year and being happy is one of the great lives of all time. Getting up to $400,000 a year, but then having whatever happened that Job loss, side hustle loss, and going to $180, that's tough. Mm-hmm. Fine first class, then never being able to afford it, and now sitting middle seed coach. That fucks with people's psyches, not me. What are you going to say to me that's going to make me value your opinion in a world where I know you've got a lot of things not going well, too.

[00:11:49]

Okay, so sticking on this being a successful entrepreneur, I know something that you talk about often is doing what you love and how it's so important as an entrepreneur to actually do what you love or you're going to burn Correct. Talk to us about that and how Vanner Media is doing what you love.

[00:12:05]

I love that. That's a great question. Doing what you love and also having the capacity to be comfortable with discomfort and being patient in eating shit is a very interesting enigma. I appreciate the way you asked the question because it's going to allow me to double click into it. The reason Vaneer Media and Vaneer X, the holding co, is me doing what I love It's because I'm willing to eat the crow in building this infrastructure to be the foundation of all my other future behavior. So is Vaneer Media my full nirvana moment? It is not. But I like it. I love operating. It sounds like you'll resonate with this. When you're a real purebred entrepreneur, you're happy selling anything.

[00:12:48]

Yeah, it's fun.

[00:12:50]

Like, I'll sell sneakers.

[00:12:51]

My favorite thing to do. That's right.

[00:12:51]

But I also have the capacity to be strategic, make less money, be uncomfortable. I worked in my liquor store until I was 34 years old. I need every kid to hear this. I worked in my father's liquor store until I was 34 years old. So I had patience. In one side, the reason I did it was I was so thankful and grateful to my parents for bringing me to America and changing the course of my life. I love them and we're very close in age. My parents were 22 and 20 when they had me, so we're like borderline friends. It's the best. I believe that I was going to be a great entrepreneur, and I somehow had the wisdom at 22 years old to say, You know what? I'm going to go in here and build something huge for my parents, and then I'll have time to bounce out and go do it for myself. That was the greatest decision I ever made, but fuck, it was hard. You know what I mean?

[00:13:43]

Yeah, a lot of people end up resenting their parents if they push them towards anything that's in the family business. But you were grateful, right?

[00:13:50]

No. My parents, honestly, they were agnostic. It was weird. By the time I was 16, it was pretty clear to both my parents that I was good. But the reason I love my parents is they didn't go weirdo on me and try to turn me into a slave. It just was. We were all just moving. It was very immigrant. We're just like, You're doing what you have to do. I walked into it. I was like, I'm going to come in Wreckhouse. And literally took Shoppers Iscail Liquors and built Wine Library, one of the biggest wine retailers in the country. Everybody from Wachung went to Wine Library. It was awesome. It was really a great chapter. But fuck, I'd lying to everyone if I didn't say, I'm unstable with judgment. But I promise you, five years after college at 27, when I'm working the floor, helping people select wine during Christmas, and some of my buddies that I grew up with now are in Wall Street and driving into our parking lot and their BMW, and they're buying a case of and I'm carrying it out to their car and putting it into their trunk. And I see the way they're looking at me like, Man, and I know I'm going to fucking be bigger than everyone.

[00:14:57]

Holding your breath is fucking hard. And I'm fucking unstable. So if it even registered to me, the normal person with their relationship with judgment, fuck, that was hard. And the bigger thing that was hard was my dad was not paying me that much money. And I was building a huge company. And then I started forming, I think calling I get resentment would be too much. But I started having feelings. The business went from 4 million to 60 million, and I'm still making 80,000 a year. I would have been better off going anywhere. I would have been making millions. But again, I was making my own bed. The reason it was cool was I knew I chose to do it, just like I chose to leave and start Vanner Media.

[00:15:35]

Makes a lot of sense. Okay, one more question on entrepreneurship because I want to spend most of the time on your new book. This one is about mental health. I feel it's going to become a hot trend where entrepreneurs are going to start focusing more on mental health. As I'm doing my podcast, I feel like more people are talking about it. I read that entrepreneurs spend 73% less time with their friends and family. 49% of entrepreneurs have some mental health issue, anxiety, ADD, things like that. My question to you is for all the entrepreneurs out there or people who want to be entrepreneurs, what's your advice to make sure that we're taking care of our mental health and our relationships?

[00:16:16]

I've been pretty consistent on this long before I think we've gotten more thoughtful about the mental health aspect. I will never, to the day I die, understand why anyone would choose anything over being happy. I think people think money will cover up the scars that make you happy. I believe that people that don't have money believe that money is happiness, and that if they buy a BMW or get an attractive husband or wife or have three homes or have a seven-carat ring or a private chef, that that will unlock the happiness. I have lived a life where I came from the dirt and now live a life where I see all the hippy top 1%, and I can promise you, and one day you'll find out, if you don't believe me, that money does not buy happiness. It creates convenience. It creates opportunity to do things. But I'm talking about happiness. So what is my recommendation? Fuck around and find out. That's my recommendation. If you do not believe me or the other people that spit it who've lived it, the reason people burn out is because they choose money, not entrepreneurship. Entrepreneurship without the money is the game.

[00:17:25]

You and I weren't picking money when we were selling candy in school. We're just living our life. It's somebody-Inventing. Yeah, people were gravitating towards trumpet. People were gravitating towards Spanish class. I didn't read a business book in second grade and open up a lemonade stand. My mom didn't tell me to do that. It was delight. It was all I knew. It was my hard wiring. And that's why this fake entrepreneurship era is tough, because a lot of them are making a bad name for the game. They're entrepreneurship fucked with my mental health. It's because you fucking were trying to use it to cover up your issues. Therapy should have been what you were not entrepreneurship. I've never said that before, and I appreciate your reaction. That's actually the truth. People thought the money could cover it up. The money accelerates it. Money exposes you. It doesn't change you. So what would I say? I would say what I've been saying my whole life. Even my first book, Coming Out the Gate, my message, even you said it earlier, it was crush it. Cash in on your passion. Everybody who's listening right now, think about the thing you would do 24/7 if you really could.

[00:18:28]

What is your play? What is What's your downtime? What is your leisure? What's your favorite? Golf? Cooking? Music? Skiing? Travel? If you can spend your 20s trying to make a career in that, you will win. If you go and try to be practical and be an accountant because your dad said so, or you think it's cool and be an entrepreneur when deep down you know you don't have the stomach for it, you will lose. I think the reason that people are struggling is that they're not in their right path.

[00:18:56]

But what about the entrepreneurs that are doing really good, but they're obsessed with being an entrepreneur, and they're spending so much time on their business that they ignore their relationships.

[00:19:06]

It means that they may not value their relationships as much as they want to say they are. A lot of people like to talk shit without going to the third level. Gary, but you don't get it. I'm not spending enough time with my boyfriend. I'm like, Maybe you don't like your boyfriend. Because I promise you, if you're obsessed with your boyfriend and your business, you'll make the time. Actions over words. We become very wordy. We're really fucking wordy. This is not just Gen Z or millennials. Boomers are wordy as fuck on Facebook. Humans have become incredibly wordy because they're somewhere to put your words. Social media has allowed us to talk, and most people talk straight bullshit. Gary, you don't get it. I miss my kids. Go see your kids. People are not accountable. People like to posture for optics but have a different reality. Because if you actually mean it, you would do it.

[00:19:56]

Yeah, be honest about it. Be honest about your priorities.

[00:20:00]

I think people just are getting really good at looking for pity. I'm going to struggle to cry for someone who is actively, fully in control as an entrepreneur who's crying about it. Now someone's going to be listening and say, When I have a job. I'm stuck. No, you're not. You could sell your home. You could pay rent at a smaller apartment. You could sell your car and take public transportation. Many people did for many generations. We've just gotten so entitled and are looking for easy. Do you know how many people complain about money and buy Starbucks and take Ubers and go to Coachella? If you're complaining about money, save it.

[00:20:39]

Let's hold that thought and take a quick break with our sponsors. Young and profiters, they They call me the podcast princess, but I'm also the LinkedIn queen. I've been a LinkedIn influencer for six years now, and I teach one of the most popular courses about LinkedIn. I love to teach sales on LinkedIn because when it comes to B2B sales, LinkedIn has got that on lock. Linkedin is where all the decision makers are hanging out. There are 180 million senior-level decision makers on LinkedIn, and 10 million C-suite decision makers. These people are on LinkedIn, and they're in the mode to buy. They're using LinkedIn for their buying journey to research vendors or sales reps that they might work with, to look up how to solve their problems, to learn from industry thought leaders. They're in the mode to buy, whereas on other platforms, they're in the mode to be entertained. You want to get them in the right mindset. You want to cut through the noise with LinkedIn ads. In fact, 79% of B2B marketers rate LinkedIn as their top channel for paid media. And LinkedIn has the best targeting because they've got all these different inputs.

[00:21:48]

People are putting their resume basically up on there. And so there's so many keywords that they can use to target the right decision makers so they can hear about how you solve their problems. And I I've got a special gift for all you young improvisers who want to try LinkedIn ads. You can get a hundred dollar credit. Linkedin was super generous. If you want to make B2B marketing everything it can be and get a hundred dollar credit on your next campaign, go to linkedin. Com/yap, Y-A-P. Again, if you want to claim your credit, go to linkedin. Com/yap. Terms and conditions apply. Young in profitors, we are all making money. But is your money hustling for you? Meaning, are you investing? Putting your savings in the bank is just doing you a total disservice. You got to beat inflation. I've been investing heavily for years. I've got an eTrade account, I've got a Robin hood account, and it used to be such a pain to manage all of my accounts. I'd hop from platform to platform. I'd always forget my Fidelity password, and then I have to reset my password. I knew that needed to change because I need to keep track of all my stuff.

[00:22:51]

Everything got better once I started using Yahoo Finance, the sponsor of today's episode. You can securely link up all of your investment accounts in Yahoo Finance for one unified view of your wealth. They've got stock analyst ratings. They have independent research. I can customize charts and choose what metrics I want to display for all my stocks so I can make the best decisions. I can even dig into financial statements and balance sheets of the companies that I'm curious about. Whether you're a seasoned investor or looking for that extra guidance, Yahoo Finance gives you all the tools and data you need in one place. For comprehensive financial news and analysis, visit the brand behind every great investor, yahoofinance. Com, the number one financial destination, yahoofinance. Com. That's yahoofinance. Com. Young and profiters, as you may know, I launched my LinkedIn Secrets Masterclass a little bit over a year ago. It was my first course. And so far, I've generated well over $500,000. And the best part is, I didn't have to figure out how to set up my mastermind subscription. How to do abandoned cart targeting, and all of that tech geeky stuff. I just left that all to Shopify.

[00:24:07]

Shopify is the global commerce platform that helps you sell at every stage of your business. And if you're in that, I need to sell more with less stage, Shopify Magic is your AI-superpowered sidekick ready to whip up captivating content that converts. And it doesn't matter if you're selling digital products or vegan cosmetics. Shopify helps you sell anything anywhere from their all-in-one e-commerce platform to their in-person POS system. Stop those online window shoppers in their tracks and turn them into loyal customers with the internet's best converting checkout. I'm talking 36 % better on average compared to the other options out there. It's no wonder Shopify powers 10% of all e-commerce in the US, including huge global brands like All Birds and Thrive Cosmetics. It took me a day to set up my Shopify store. I set up Chat, took two minutes, and I was done. One month from thinking of the idea to implementation, a year later, I've made half a million dollars on the idea. That's what it takes in 2024, just a good idea. And then utilizing a platform like Shopify that can help you make it a reality. There is no excuse these days.

[00:25:17]

If you've got a good business idea and you think you'll be a good entrepreneur, you don't have to wait any longer. You don't have to be super techy, and you never have to worry about figuring it out on your own. Shopify's award-winning help is there to support your success every step of the way. Sign up for a $1 per month trial period at Shopify. Com/profiting. That's all lowercase. Go to Shopify. Com/profiting now to grow your business no matter what stage you're in. Shopify. Com/profiting.

[00:25:49]

Well, let's move on to some of the marketing and tech stuff. I want to talk about your day trading attention new books. So you've been on the cusp and the cutting edge of a lot of things. You were on the internet doing a eCommerce before it was hot. With Wine Library, you were one of the first pioneers on YouTube. How can you tell when things are going to get hot?

[00:26:07]

You know how there's good A&Rs in music? How did you know Lady Gaga was going to be big? Whoever discovered her, he or she was just had a knack for it. Usually that knack is because you know how people are going to feel. I have a very good feeling of what the general public likes and doesn't like. But also I put in the work. Back to what we were talking about earlier. When I jumped on YouTube in February of 2006 and went all in, I spent most of the summer of '05 reading TechCrunch every blog post, and they would write about the new startups. If I hadn't put in that work, I would have never clicked on the articles that led me there. If I didn't work 15 hours a day building winelibrary. Com sitting next to Eric Kastner, my developer, who probably was the one that said, Read this TechCrunch article, because three years earlier, I asked him, Can I put wine videos on the website? How much would that cost? And after he told me a billion dollars to host them because it was old back then, He was like, You're probably going to like this because it's free.

[00:27:03]

I'm like, It's free? I'm good at human psychology. I'll give you a real interesting one that you might find interesting since you're such a young buck. Back in 2007, when I was yelling about Twitter, almost everyone would say to me, This is so stupid. Who cares that you're walking the dog? Who cares if you're eating pizza? And my answer was everyone. And people were brain fucked with that. They're like, What do you mean? Now that must seem mundane to all you youngsters. Everybody shares everything about everything. Back then, nobody shared anything about anything. I think human psychology helps me. Why did I understand Musically? Because I understood that when it was only 14-year-old girls, it was still putting in content in front of them based on content they liked, not based on following someone. I saw that in Tumbler when I was an early investor in Tumbler, and I knew why Tumbler was winning. It wasn't the social graph people. It was the interest graph. What are you into? Yeah. I always thought that was more powerful because Dustin and I could have been best friends in junior high, but then by high school, if our interest changed, we all lived through junior high and high school, high school and college, college and post life.

[00:28:10]

We all saw one or two or three people stay forever. A lot of times it's just because they've been there for so long and you just got war stories together. It's not even like you are into the same shit anymore. But the natural human flight is you do change friends based on interest, times in life. And so that made more sense to me. So it's the skill of human psychology. It's the putting in the work. I wake up in the morning and I look at the app store, and then I play with things. If I think ReClip is interesting, I download and play with it. Right now, the only ones that are playing with ReClip are Gen Alpha. It's like, me? I'm a nine-year-old. And so I I put in the work, I stay curious, I watch. Then there's always moments where there's a tipping point. I've been pretty good. Dustin's filming me in the back for all the people that really follow me. Obviously, D-Rock is doing his own thing, and I always have different people filming. Dustin has now really been locked in with me for a little while, and he's been three or five, six.

[00:29:01]

So he's now seen a cycle. And here's what I mean where I'm about to go next if we're getting very marketing nerdy. He was here when BeReal was starting to get hot. He was in the meetings filming me when I was like, I think it's a feature. Now it's not him reading about it. Everyone who's listening right now on podcast, me talking about. No, he lived it. So he can see there is a skill set to being good at it, not just throwing against the wall and see what sticks. And so I'm excited about this skill. I focus on it very heavily. For example, the cliché question people ask me all the time is, Okay, so what's next? I don't know. But the second I see it, I go all in, I taste it. And whether that was Vine, where it did mean something, but then it sold quickly, or it was Social Cam, or Vero, or all these other things. That Beach was a big one for a week back in 2014. I'm very focused on paying attention, putting in the work, saying maybe. You know what fucks everyone up? I say no. Tiktok, no.

[00:29:56]

I always say maybe with a hope to yes. I say maybe with a hope to yes in a world of people that say no.

[00:30:04]

Yeah, because you want to make sure you capitalize on it while they're still underpriced attention, like you say in your book, right?

[00:30:10]

That's right. The thing that many people will definitely understand right now that are listening is if you did move on TikTok when I was yelling about it every day six years ago, that would have been good. Now that I think people have gone through a cycle because I was big enough at that time, unlike 10 years earlier, that enough people heard that. Enough people didn't go, You know why? Insecurity. Everybody that and go crush it was on Instagram, and they didn't want to start over. Well, I got a million followers on Instagram. I got zero on TikTok. And people got caught.

[00:30:38]

So talk to us about the supply and demand curve that happens on social platforms.

[00:30:43]

At first, if they're meant to be big, the ones we all know, there's so much attention there, but there's less content creators. And so anybody that's posting is going to get more of the percentage of the attention. As it becomes normalized, it gets harder to go viral or get as many people to see it. And then at some point, it becomes really challenging, like the thing everyone's dealing with on Instagram right now because so much attention got deviated to TikTok. Not that anybody on TikTok is only on TikTok and not on Instagram. Obviously, the very young may be that way, but most people are on both. It's just that pre-Tiktok, it was four hours on Instagram for that person instead of two because two is now on TikTok. The problem is at the same time that that went down from an attention standpoint, the amount of content that's being posted on Instagram is through the roof. So yesterday, more content on Instagram than any day prior in Instagram's history. Yet the attention is now fragmented between YouTube Shorts, TikTok, by the way, streaming services, by the way, Twitch. And so what ends up happening is there's only 24 hours a day.

[00:31:42]

There's only so much attention, but there's more and more supply of content. So you have to know how to day trade it. Like somebody who day trades stocks, you're buying in nanoseconds. Whether it is the actual social media platform, buying ads on the platform, the influencers on the platform to do deals with or anything else in between, and across all these platforms, from LinkedIn to Pinterest to Snapchat to YouTube to YouTube Shorts to Facebook to Reels to Instagram. And then the units inside. Do you post Carousel? Do you post a video? Do you do a reel? Do you do a long-form picture? Do you do a lot of copy? Do you do no copy? Do you do emoji? What time do you post? This is fucking science. And talent, if you're remarkably beautiful, that will probably work. If you're remarkably funny, that will probably work. But for the most For most people, being good at it is the point of this book. This is the most textbook that I've ever written. I'm going, going there. I'm very proud of how well I've played all of the instruments. I just want to try to help people get better at it because it is the game.

[00:32:46]

I loved your book, by the way.

[00:32:48]

You guys gave me an advanced copy, and I read it and it was great.

[00:32:52]

Can I reverse this on you for a second? Sure. You might be the first person, or maybe the second, but I didn't get to ask them. Obviously, because of your success and your knowledge your strengths. I wrote this book for someone like you. I'm curious what parts or what things or what hit for you.

[00:33:06]

It solidified things for me. For example, I'm one of the biggest LinkedIn marketing experts. I teach a two-day class. It's the most popular class. I can hack the algorithm, and that's why people hire me. One of the things that's happening this year is that they're prioritizing interest relevancy over engagement probability. It used to be that you would post something motivational, something inspirational. If people shared it, you'd go viral. Now it's all about posting a specific topic, educating people, and then LinkedIn will match users based on the things they like, the interest graph. Exactly. Can you go super deep on the interest graph? Because I feel like this is the major trend happening with all social media sites. I totally agree. And that's what I see from your book. I was like, Oh, he's right on the money.

[00:33:48]

I told my brother that I thought Tumbler was going to be bigger than Facebook and Twitter. I went Twitter, Facebook, Tumbler in my investing. Those are the first three companies I invested in in my life out of a liquor store in New Jersey. You could see laughing at me. It's so improbable. It's absurd. I thought Tumbler was going to be the biggest because of this conversation. It just took 15 years for it to happen. Again, everybody, social media for the first decade plus was very simple. It was like email marketing. You would get as many people to follow you as possible, and then you would post, and a percentage of those people would see it. That was the game. That was easy for me to figure out because I did email marketing in '97, '98, '99 when that was new, and I was a big winner in that game. That That was underpriced attention. I was competing against liquor stores that were making catalogs, but I was getting to the customer for free instead of how much a catalog cost and getting to them faster. It was huge. It was foundational. I saw the same thing in social.

[00:34:43]

So I mass big followings. That was the focus. Tiktok-fication of social media like I talk about in the book. That interest graph algorithm is now going to eat up everything because it's better. It keeps you on the platform longer. Let's use common sense. You go to your Facebook, you're now 27. You went on Facebook at The people you followed are people you met one night hooking up or at a random party or whatever. And now you're seeing posts of them in Ohio with their aunt and you're like, I don't give a fuck. But just like email, we don't unsubscribe from our fucking list. We just delete it or archive it. We don't put in the work to clean up our shit. So you kept seeing shit you didn't give a fuck about, which made you not spend four hours on it. It made you spend 14 minutes on your feed. Then you go to TikTok and you're seeing unlimited shit that you fuck with. And four hours later, you're like, What the fuck just happened? That's good for TikTok. That was bad for Facebook. Now all of them are going to be like TikTok. And every social network is going to have the For You page DNA in them for quite a while now, maybe forever, because it's more humanly true.

[00:35:45]

That's what I focus on. And that's why focus on your niche is about to fuck up everyone. You're going to need to talk about more things than ever that are true to you because you're going to need that content to find more different audiences for you to be as big as you want I was going to ask you, does that mean riches are in the niches now because of the interest graph?

[00:36:05]

But to your point, if you've got multiple topics- It's an and game.

[00:36:08]

Got it. Think about how weird I am. The reason I know everybody from afar, especially in the game you're in, are like, What? Like, garage sale videos. My grid has been fucked up for 12 years. I was like, Make a good grid. It's got to be on brand. I'm like, You fucking have no idea what you're talking about. The grid is like 5% of the consumption. The feed is the whole game. You go to my fucking thing, you're like, who is this? Jets video, garage sale, keynote, board meeting. I'm confusing the shit out of people because I don't care about the grid. I care about being as relevant to as many different people as humanly possible. Let's talk about viral. I'm going to use baseball. I know it's not as popular anymore, but it's the easiest one. Going viral is hitting a grand slam. Do you know anything about baseball?

[00:36:55]

A little. I know. Enough to be dangerous.

[00:36:57]

You know what a strikeout is? Yes.

[00:36:58]

Good.

[00:36:59]

Most posts are a strikeout. Okay. It doesn't do what you wanted to do. I'm in the business of singles and doubles and triples with the occasional home run and grand slam, but could give a shit about hitting a grand slam. Or if you don't follow baseball, everyone, I won't use an analogy. I don't ever think about going viral, ever. I only think about making good content that is valuable to the people on the other side. And that means that most of my stuff will consistently do solid, occasionally do better than solid, and once in a while, go viral. I believe that most people suck at social media because they try to go viral on every post, and when they don't, they cry to mommy.

[00:37:37]

So you're more about posting as much as you can. Hopefully, they all do pretty good.

[00:37:41]

Posting as much as you can is also based on self-awareness Because I start with, do I have something to say that could bring someone value? Again, I need everybody to hear this. That comes in all shapes and sizes. I mean this. If you're funny and you do a skit like King Batch, that's value. You made somebody smile. And it's a fucked up world out there, and the feeds are fucking negative, and media is negative, and that little ha, ha, ha. If you're attractive, people like looking at attractive people. If you know something about LinkedIn, that's valuable to the people that want LinkedIn. We all have value. If you know something about BMX or wine or sneaker, value, value, value. I think people have niche themselves in a corner. What happens if you know a lot about sneakers and you know a lot about bourbon? Post both. But I don't want to the algorithm. And then people are super insecure. They almost never a post because they don't think it's going to do well. As if that means anything. Okay, you normally get 5,000 views on your video, and this one got 49. What does it matter with this?

[00:38:40]

It's like we're treating our lives and social media like we're still in junior high.

[00:38:44]

Speaking of niches, let's talk about creating audiences because like you just talked about, we can talk about multiple topics. We don't have to be scared about that. We can be a dynamic person on social media, which means we're going to be speaking to multiple audiences. That's right. You say we should develop cohorts with teeth. What do you mean by that?

[00:39:01]

When I make content, sometimes I'm like, this piece of content that I'm going to make is going to hit 45 to 55-year-old first-time moms on the coasts. More New York, LA mentality than London, then Ohio, then Spain. So if I know that I'm doing that, don't you think that my adjectives and analogies tone intent, right? I want everyone who's listening to start thinking about cohorts. Gary, what do you mean? I just do sneaker content. Okay. Well, there's a lot of different niches within sneaker content. There's people of high networth like myself who can afford bougey fucking Nike Air Force One collaborations. There's other people who just really like New Balance, the Reebok movement that I'm getting into as well. There's a lot going on. Crocs, if you want to expand it a little bit. Do you know who you're making this video for? Because everyone's going to vanilla. I make content for entrepreneurs. I'm like, Okay, knock yourself out. Imagine how much better a piece of content is that you know that you're going to I'm going to make content for first-generation Hispanic entrepreneurs that are 18 to 22 that came from immigrant parents that came from Mexico.

[00:40:09]

I'm going to use analogies. I'm going to make reference to rigatone. I'm going to talk about San Antonio culture.

[00:40:14]

They use their slang and however they talk.

[00:40:16]

A hundred %. It's called relevance, everyone. If you're not relevant to someone, the second I make a long-tail barstool joke, every barstool dude is like, Fuck, yeah. It's not super complicated. Because everyone gets It's so boring and vanilla right away. People say to me all the time, they're like, It's a really funny thing that I fuck people up with because I've been so consistent and growing and all this stuff. But then sometimes I'll be like, But, Gary, you say the same shit. I'm like, What do you want me to make up stuff I don't believe in? And then if they stick with me in that combo, they start to realize, I say the same macro 15 things, but the way I say it differently and how and where and what and to whom, that's the game. So cohorts, these are consumer segmentations. In old television talk, it was, We're trying to reach the 18 to 35-year-old demo. I like to think, and I know I'm looking at your crew a lot because I like doing that. I like to think everyone in here is at a point in their lives where they realize an 18-year-old person and a 32-year-old person, the same person are very different.

[00:41:15]

But that was television. You didn't have the internet. Now that we have the internet, everybody who's listening should be posting on Facebook. It's huge. Still, I'm getting 25, 30-year-old audience on Facebook. Now, they're on there once in a blue moon compared to whatever, but you should be relevant to Facebook audience. You should be relevant to TikTok audience. Snapchat's culture is slightly different than TikToks. It's all different rooms out there, and you want to be in every room. And so what I talk about in the book about cohorts is consumer segmentation. And the reason I say with teeth is Adland, Dawn Draper, advertising, marketing agencies, the big brands that we work with, the biggest brands in the world, they like to talk about consumer segmentations, but they have one. They're like, We're going to sell this beer to health-seeking enthusiasts. They make it fucking broad as shit because they're going to make one commercial on television and health-seeking. What they're basically telling you is, Let's make a beer commercial where the couple went to yoga and after had a beer. You see what they're doing? What I'm saying is if you want that beer to be relevant to a lot of people, you need to go deeper in that.

[00:42:18]

It needs to be like, young yoga moms in Kansas City, you're going to make a very different piece of fucking Facebook content or Instagram content than if you say professional moms in New York City who are having their first child at 40 and fuck with yoga. Can you imagine how different those two pieces got to be? Yeah, very different. Well, that's called fucking cohorts with teeth.

[00:42:41]

We'll be right back after a quick break from our sponsors. Young and profitors. Yap Media is growing so fast. I have 10 open roles just this month. In the past, it would take me so long to find hires. I have to go on all these different job sites. I have to create my own skills assessments. That's why I lit Indeed Indeed do a lot of this heavy lifting for me. Indeed is the powerful hiring platform where I can attract, interview, and hire all in one place. Indeed has things like skills assessments, where when we have specific roles, we can find an assessment that matches that role and we can make sure they have the skills that we need. Then I can focus on culture fit. I can make sure they're scrappy enough and are obsessed with excellence and do all the things that we need to do for them to fit in at YAP. And indeed, streamlines hiring with powerful tools like Instant Match. And Instant Match basically matches you with candidates as soon as you put up a job post with people who are qualified right away. It's instant. And the best part is it gets better as you use it.

[00:43:45]

So now when I use Indeed, especially when I'm hiring for similar roles, I get people right away where they know that I'm going to like the candidates because they can see what my preferences were in the past. It gets better as you use it. According to US Indeed data, the moment Indeed sponsors a job, over 80% of employers get candidates whose resumes are a perfect match for the position. It's like waving a magic wand that gets better as you use it. So I love using Indeed. We found a lot of our A players on there. Join more than 3 million businesses worldwide who count on Indeed to hire their next superstar like we do at Yatt Media. Start hiring now with a $75-sponsored job credit to upgrade your job post at indeed. Com/profiting. Offer is good for a limited time. Claim your $75-sponsored job credit at indeed. Com/profiting. Again, that's indeed. Com/profiting. And support the show by saying you heard about it on Young and Profiting podcast. Again, it's indeed. Com/profiting to get your $75 credit. Terms and conditions apply. Need to hire? You need to hire, you need indeed. Yapm, we launched YAPMedia four and a half years ago, and that was right when COVID was happening.

[00:44:54]

I love having the freedom of working wherever I want, but to be honest, I've been getting burnt out from the the whole working from home thing. I am sick of it. And although I'm on call to call, I talk to people every day, there's something about face-to-face interaction. I want to feel everyone's vibes. I want to feel the energy of the room. And I knew that something had to change. If I wanted to be my most productive self, I needed to be able to go somewhere to work with other like-minded people. So I was on a mission to find the best co-working space for me, and I found Industrius. Industrius delivers co-working spaces and flexible office solutions, and they've got everything you would need from private offices and suites to co-working, dedicated desks, and on-demand meeting routes. Industrius has locations all over the world, the US, UK, Australia, you name it. And my favorite thing about Industrius is the community. They have a really friendly staff, first of all. And second of all, all the people that I bump into at Industrius and mingle with seem to be rock stars. They're all entrepreneurs like me, startup founders, solopreneurs who are crushing it.

[00:45:57]

They're smart, they're stylish. And it's just the right energy that you want in a work environment. And as an adult, it's so hard to find a like-minded people and to find your community. If you're an entrepreneur or solopreneur or freelancer and you've been working from home these past few years and you feel like you're in a rut, maybe it's time to start co-working at Industrius. Industrius actually found out that I have a popular podcast, and they gave me a nice gift for my listeners, a free week of co-working to try Industrius yourself. If you want to give Industrius to try, visit industriusoffice. Com Click Join Now and use code profiting to redeem a free week of coworking when you take a tour. Again, that's industriusoffice. Com. Click join now and use code profiting to redeem a free week of coworking when you take a tour. That's industriusoffice. Com and use code profiting for a free week of co-working. Who knows, maybe we'll bump into each other.

[00:46:52]

That was your first variable of your modern advertising framework, also the day trading attention framework. Then you lead into something called PA see platforms and culture.

[00:47:01]

PAC is huge. Platforms and culture. If you take anything out of this interview and you want to crush social, obsess with platforms and culture. What are the platforms currently doing that they give a shit about? So when Facebook announces carousels, good news, they need to test it. That means you should be making carousels because more people are going to see it organically. If the trends of the consumers on the platforms are people like Skits, that's a platform and culture thing because you got to always know what's going on in culture. Culture is pop culture. Do you know that baggy pants are back? Because tight jeans were fucking crushing seven years ago. Do you know that Crocs came back five years ago? Because six years ago, they were Dork Bill USA, but 20 years ago, they were killing it. Do you know what's going on with Aiden Ross and Sexy Reds controversy, or don't you? Do you know pop culture, or don't you? Because if you do know pop culture, you're able to create crazy relevance because you're able to integrate that into your copy or the creative itself. There's a few moments, there's three weeks to seven weeks there where the Corn Kid is a social media obsession or that the Walgreens private label, Nice Mango gummies are hot with Gen Alpha for a week.

[00:48:19]

But if you're in the fucking gummy business, you should know that. Do you have a pulse of popular culture on everything? Because what's pop culture to maybe us is definitely not pop culture somebody that lives in Peru. I had a friend, literally, because I'm 48 now, so most of my friends are fucking finished. And what I mean by that is deep pop culture. I literally had a friend six months ago text me, Yo, have you heard of this guy, Bad Bunny? I'm like, What the fuck? Where have he been? I'm like, Dude, please don't text anybody that. You know what I mean? I literally took a screenshot of me DMing Bad Bunny in 2017 for him. I'm like, Yes, I've heard razzing him of he's finished, that he's a fucking suburban dad. Do you know or don't you know? So culture matters heavy for content because we're going to have to be better than everybody else. And if you can interstitial pop culture, you will win. Do you know it's a lavender latte at Starbucks for this season? But notice what just happened? She shook her head because that one hit for her. Imagine if I want both of them to give a shit about me, I've got to do both those things because I've got one second in feed for them to give a fuck.

[00:49:24]

So platforms and culture. To me, that's a very point in time, right? They're always changing. You've got to know What features are hot on the platform? You got to know the algorithm, right? You've got to know what's hot. Then you have strategic organic content. And to me, that's more about understanding human behavior.

[00:49:43]

Strategic organic content is the content that follows the pack framework in my mind. If you know those two things, then you make according to that, that is the outcome. That is the content. I'll give you an example. It sounds like I haven't dug under the hood, but I will after this interview, that you're doing real work in LinkedIn. So that means most likely that you want on the P part, the platform. I know that because I also heard you talk about what the platform is doing. This is how you get way better. This is how I get way better every day. In the pack framework, you could get to a place pretty quickly, six months, where you really know how the platform works. You've clearly done that on LinkedIn. What is really cool for you to go to the stratosphere is if you actually knew what was in pop culture talk for literally SaaS salesman I know this is going to resonate with you. If you knew the fucking slang and the shit that every Fortune 500 CFO cared about or every late-stage VC CIO, now you're fucking cooking. Got it? Yeah. Because now it's not just you know that this content will work.

[00:50:48]

Now you know even what the video or picture needs to do. Got it? Yes. That's pack. Okay. And then what we call SOX, strategic organic content, is the framework. The reason I created SOC, and we run it heavy here at Vaneer, is organic content, meaning posting without media behind it or amplifying it, is now the single most important thing in marketing in the world. It's the game. If I needed to put the S in front of it, because by making it strategic, I'm trying to make sure that everybody in my company and all my clients and anybody around me realizes, I need you to think about this. That's what we've been talking about for the last 10 minutes. There's a lot of people listening right now. I can feel them right now as they're walking the dog on the treadmill. I can feel them saying, There's a lot to this. No wonder my videos are not doing good. There's something to this. That's how I think about this.

[00:51:36]

I want to dig in on strategic organic content. One of the things I want to write my first book on is human behavior online because I feel like if you understand human behavior, even if algorithms are changing, certain things don't change. You always want to see a face. You always want to have a hook. Everybody wants things shorter and skimmable. There's always things.

[00:51:56]

That last one, the first two I liked a lot. That last one is an interesting one for I guess it depends on the platform and what the purpose is. And you'd be shocked. I mean, I promise you we'll clip this in the future. There's going to be seven minute videos on TikTok that crush in three years. Crush. This goes back to a big thesis in the book. If it's good, you can do anything. If it is a wildly compelling 19 minute video, you can crush on Instagram, though it is very unlikely to be good enough to be able to do that. The reason I jumped in is you're not wrong. I just wanted to add a curveball to everybody listening. It's not universal. People make unlimited seven-second videos that people stop watching after a half a second because it's a shitty seven-second video. And there's also incredible amounts of outliers, if you pay very close attention, of longer form video in social, a minute, two-minute, three minute, four minute that have a lot of validity. And honestly, for a lot of people listening, they might have just heard something that got them excited because in their gut, they're like, You know what?

[00:52:56]

I really can make epic four minute videos. I guess TikTok is not for me, but it is. There's a reason these platforms, back to P, have extended the length of their video time.

[00:53:06]

What should we do when we have really good performing content?

[00:53:09]

We should amplify it. If you can afford to spend media dollars after a piece of content went crazy, then you should do that. If you're just a creator by yourself and you're a kid, if you're listening right now and you're 16 and you dunked on your little sister in the basketball rim in your room, and it has 3 million followers on TikTok, and you have ambition to be known and you want to do something with it. Don't let the algorithm be the only way you get reach. Google, how do I run ads on TikTok? Chatgpt, how do I run ads on TikTok? Read and learn how everything works or watch a video. Then you as a 16-year-old, take your 40 bucks and spend it on getting more people to see it. Because the world has shown you that it's good. You're not guessing. You didn't dunk on your sister and then spend 40 upfront. This is how all advertising work, as you know. We guess Now we can live in a world where we can do it post-spend media, not pre-spend media. It's huge.

[00:54:06]

So once we see something working, lean into it, invest in it. Don't just invest in things that you haven't tested yet, basically.

[00:54:12]

Think about it, it's like working out. If you see something's working and your physique is looking at me. Why would you stop and try to do something else and hope it works? You got it, go. We have not figured it out because the way media had worked forever was you spent the money on something you were guessing on. You thought the commercial would do well. You thought the billboard would go well. You thought your newspaper ad was You know what I mean? Yeah.

[00:54:31]

Where does storytelling fit in with all of this?

[00:54:34]

Like oxygen. Storytelling is omnip. As you know, it's not something I really touched on a whole lot because it's oxygen. Life is storytelling. Everything's a story. I don't want to get super philosophical here, but everything, every person in the world, all 8 billion of us, everything we believe in is a story. All of it. It's the whole game. The reason I don't really go into storytelling all that much is my book on storytelling It would be literally one page. It's everything. The end. Meaning the reason you believe in anything you believe in is because you bought the story.

[00:55:08]

I think a good way to round this out would be to get a full example of somebody using the modern advertising framework If you can just think of an example and walk folks through.

[00:55:18]

Mr. Beast. Sure. Let me make it easy and lazy for everyone. Be perfect at one of the greatest platforms with attention. Thumbnail for a second. Every beat at three or four minutes or whatever the science is there. Copywriting, what time to post, language translation, crush, be consistent, eat shit for years to figure it out, then explode, then use that attention as a platform to build a absolute media empire and CPG empire. And notice what it does. He goes and tests Twitter. I'm hearing Twitter is going to give me a trillion views. I've never really fully crushed YouTube because there's a lot of post-production and I'm not living that life. We've had better years and worse years, but That was a commitment. I mean, King Batch. I mentioned him, but like, Vine comes out, bring value. You can be funny, make skits. It was underpriced attention. Him and Jerome Jarr and Logan Paul and all those characters, Rudy, Moncuso. They're literally in I mean, is anybody paying attention who's in these movies? They were from Vine, right? I almost said stole. They didn't. They operated as a great marketer on that attention. They built. I was there, so I'll tell you what they did.

[00:56:27]

They took all that attention from Vine, and most of them They put it on Snap and became big Snap story people. Then boom, TikTok and Instagram went to short form video, and they took it over there, and then to YouTube, and then to television, and then to film. It works hand in hand. Clicks, the video game player, and all these streamers. I mean, streaming is such an opportunity. Kai Sonette and Aiden and Clicks and Booga and all these. There's really unlimited opportunities. Papy Soda Prime Energy Drink, Ocean Spray. I spoke about, they didn't even do it. Opening of my book, a random guy is drinking a fucking Ocean Spray with Fleetwood Mac music in the background, going down his skateboard longboard. It goes viral on TikTok, and it sells out of ocean spray around the country. This is marketing now. The era of television commercials is over. Outside of the Super Bowl, where it's very important, and I recommend anybody who's listening who's a Fortune 50, Fortune 500 company, to deeply consider the Super Bowl because it's very underpriced attention. I can run every wheel and cranny that I have, and I can't spend $8 million to get 150 million Americans to watch a full 30-second video.

[00:57:44]

Are you fucking kidding me? But Super Bowl does. People watch those Super Bowl commercials. The problem is if the video is not good, you've lost. But we no longer live in a television commercial world. We now live in a social media advertising world, and everything starts there. And then you can do marketing campaigns and billboards. Everybody's billboards, every big company's billboards, should be imagery that was already proven out to be successful on social. That's a very different world for everybody who doesn't come from marketing. It's the reverse.

[00:58:13]

A short question before we close When you're looking at this out. In terms of entrepreneurs and your marketing-advertising framework, your day trading attention, how can they use this to compete with the big dogs, the Fortune 500 companies?

[00:58:26]

It's the first time we can. Because for the first time ever, the creative is the variable of the reach. And that's marketing jargon. So let me say it again. For the first time ever, how good your picture or video is can lead to millions of people seeing it that never existed before. In the history of time, you'd have to be on television or on the biggest magazine or newspaper to ever get a million people in America or the world to know anything, and you'd have to spend millions of dollars for that. Now, every day, we all know, every day that happens to somebody. Now, what we've also learned is just because you go viral once doesn't mean you're going to be a billionaire. It usually means that you're going to have this moment that you refer to your whole life, and you're actually actually be sad six months later because you weren't able to capitalize it. That goes into being a real entrepreneur. But for the first time ever, entrepreneurs, you have a fighting chance. Embert Chamberlain's Coffee can compete with Folgers. Charlie D'Amelio's Popcorn can compete. Logan Paul and KSI's Energy Drink is really competing.

[00:59:24]

Mr. Beast's Chocolate is really competing. They're the preview, not the anomaly. I started a wine brand and sold it to consolation for tens and tens of millions of dollars because I made organic content on the internet about wine and then started a wine brand. That will be a very normal occurrence for a long time.

[00:59:41]

Well, Gary, this has been amazing. This has been a master class in day trading attention and social media marketing. I end my show with two questions I ask all my guests. What is one actionable thing our young in profitors can do today to become more profitable tomorrow?

[00:59:56]

The number one thing they can do is to be honest with themselves. Every Every single person, stop this podcast right now, go to the mirror, and literally actually tell yourself, what are you actually good at? Not what would you wish you were good at. What are you actually good at? If you're asking me, I'm answering your question literally. How to be more profitable is completely and utterly based on self-awareness of what you're good at and/or what you like. And most people lie to themselves because they hope instead of being real with themselves.

[01:00:26]

And what is your secret to profiting in life? And this can go beyond business and money.

[01:00:31]

By giving more than you're taking. The reason most people struggle on growing in social and in life is when they post on social and when they act in life, they worry about what's in it for them. I'm looking to I want to go viral. I want to get followers. I want to sell something. If you think about your audience instead of you, the things you want will come to you.

[01:00:54]

Amazing. Well, you're really easy to find. So where can everybody go find you?

[01:00:59]

I'm Gary Vee EE everywhere, so that should be it.

[01:01:01]

Amazing. I'll put all the links in the show notes. Gary, thank you so much for joining us on Young and Profiting podcast.

[01:01:06]

Thank you so much.

[01:01:10]

Yeah, fam, this is an interview that I feel like I've been waiting for my whole life. Well, for at least the past six years. I've been trying to interview Gary Vee since I started this podcast, and I can't believe that in my first interview with him, I got to meet him in the flesh at his office and do an in-person interview, Which, by the way, I'm going to be doing a lot more of. Gary Vee inspired me to become a podcaster. Gary Vee inspired me to start my personal brand on LinkedIn. He is, hands down, my idol. And they always say, Don't meet your idol in person. But meeting Gary in person did not disappoint. From the moment that he walked into the room, he was so humble, so kind. He shook everybody's hand from my assistant to the video producer. He treated everybody like equals. He was highly engaged. He was super smart, and he really gave a damn. He really does care about entrepreneurs. He's not just about making billions of dollars. He's so successful, but he cares to take the time to help entrepreneurs. He is the goat of entrepreneurs. He is the goat of marketing.

[01:02:16]

And if there was somebody that I would recommend to listen to when it comes to all things entrepreneurship and marketing, it would be Gary Vee. This conversation with Gary got me so reinvigorated about being an entrepreneur. I love being an entrepreneur. It really is something that I was destined to do. I've really always been an entrepreneurial person since I was a little kid. But not everybody is born to be an entrepreneur, just like not everybody is born to be an athlete or a musician. You have to be willing to embrace risk, to stand on your own two feet, to fall flat on your face when things don't work out. Entrepreneurship is not as glamorous as people make it out to be. It is hard work and it is stressful. I love it, but it's not for everyone. And Gary attributed his success as an entrepreneur to a lack of fear. But that didn't mean that he was reckless or hasty. He took a long time before he became an entrepreneur. He worked at his father's liquor store until he was 34 years old, but he was willing to experiment. To F around a lot and find out, as he put it.

[01:03:17]

And he always put entrepreneurship ahead of money. And he doesn't let age be an issue. I really believe that you're never too old or too young to start something new. And Gary is of the same mindset. You shouldn't think that because you're 30 or 40, it's too late for you to become an entrepreneur. It is not too late. I started my podcast when I was 30 years old, and everybody told me I was too old to start a podcast. Look at me now. I'm literally the number one business and entrepreneurship podcast at any given day. Had I listened to everybody else, none of this would have happened. So listen to your intuition, and don't let age ever be a barrier. Gary Gary also had a boatload of useful tips for digital marketing. We are in a war for attention online and on social media. You have to know your audience, your platforms, and your own strengths inside and out to succeed in that a marketplace. Gary talked about what he sees as the major current trend, the TikTok-fication of social media. With other social platforms moving to imitate TikTok's interest-based algorithm, there's never been a better opportunity to make waves online and to even compete with large established brands.

[01:04:30]

Because it's all about relevance. And to succeed, you need to be plugged in. To understand pop culture and the latest trends, you have to day trade attention, as Gary says. And that's the title of his new book that comes out May 21st. It's called Day Trading Attention. I was able to get an advanced copy, and boy, does this book deliver. If you're an entrepreneur or a marketer trying to compete in 2024 and beyond, this book is a must read. I'm going to be making it mandatory reading for my team. And if there If there was one book that I would recommend to get this year to transform your business and the way you approach social media, this book would hands down be it. Day Trading Attention, it comes out tomorrow. And thanks for giving us your attention. If you listen, learn profited from this conversation with Gary Vee, then please share this episode with somebody in your circle who could benefit from it. And if you did enjoy this show and you learned something, then please drop us a five-star review on Apple podcast. If you prefer to watch your podcast as videos, This is a good one to watch on video.

[01:05:32]

We did it in person. So if you want to watch it again and take notes, I recommend that you go find it on YouTube. Just look up Young and Profiting, and you'll find all of our episodes on there. You can also find me on Instagram at Yapwithhala or LinkedIn by searching my name. It's Hala Taha. And I did want to shout my incredible YAP production team. Today, I wanted to highlight Kate, who is my business partner. She's a VP of Social at YAP Media, and she also comes to all of my in-person events with me and helps to coordinate and she does such an amazing job. And Kate, I just want to say thank you. Thank you for coming to this interview with me. Thank you for making my day as easy as possible and just for always being my rock and my right-hand woman. I love you. This is your host, Hala Taha, aka the. A. The Podcast Princess, signing off..