Ep. 10 - Gary Vaynerchuk Shares The Single Biggest Lesson He Thinks Corporations Need To Learn From Family-Owned Businesses As Well As The Smartest Way To Ask For Equity, Episode 10

If you've ever wanted the opportunity to speak to someone whom you've admired yet held yourself back because you felt intimidated, then this episode is for you.  For me, someone whom I've always admired is Gary Vaynerchuk. Gary is the chairman of VaynerX, a modern-day media and communications holding company and the active CEO of VaynerMedia, a full-service advertising agency serving Fortune 100 clients. In addition to VaynerMedia, VaynerX also includes Gallery Media Group, which houses women's lifestyle brand PureWow and men's lifestyle brand ONE37pm. In addition to running VaynerMedia, Gary also serves as a partner in the athlete representation agency VaynerSports, cannabis-focused branding and marketing agency Green Street and restaurant reservations app Resy. Gary is a board/advisory member of Ad Council and Pencils of Promise and is a longtime Well Member of Charity: Water. Gary is a highly sought after public speaker, a 5-time New York Times bestselling author, as well as a prolific angel investor with early investments in companies such as Facebook and Twitter. Gary is currently the subject of DailyVee, an online documentary series highlighting what it's like to be a CEO and public figure in today's digital world, the host of The GaryVee Audio Experience, a top 100 global podcast, and host of #AskGaryVee, a business and advice Q&A show which can be found on both YouTube and Facebook. In terms of his early life, he is an immigrant whose family came to the U.S. from Belarus and opened a liquor store in NJ. Gary worked alongside his father both of them taking their family business from $3 to $60 million in sales during a 5-year period in large part by using the internet. Here are some stats…. Gary Vaynerchuk has over 7.6M followers on Instagram Gary Vaynerchuk has over 3.8M followers on LinkedIn Gary Vaynerchuk has over 2.55M subscribers on YouTube Gary Vaynerchuk has over 4M followers on Facebook Gary Vaynerchuk has over 3M followers on TikTok He is a busy man. He is a leader in this attention economy.  Those numbers should tell you that there are millions of people vying for his time. So how did I earn the right to snag an interview with Gary? That's what I reveal in this episode along with my interview with Gary where he dishes the dirt of asking for equity, what corporations can learn from family-owned businesses, and his personal feelings on entitlement. Listen for Gary's thoughts on: Whether you can avoid working for the wrong employer and what to do if you accepted an offer from the wrong employer. [9:40] How to ask for equity if you are looking to join a start-up including the "grass is greener" on the other side fallacy of being an entrepreneur vs. corporate employee. [10:54] His take on what family-owned businesses can teach huge multi-national corporations and what's missing in traditional corporations these days to their detriment. [11:30] Which is worse: entitlement vs. laziness? [12]