Business Tips: Salty Vee, Passion vs Skill & the Best Platforms for Filmmakers | #AskGaryVee Episode 225
Awesome Tip: Salty Vee, Passion vs Skill & the Best Platforms for Filmmakers | #AskGaryVee Episode 225
#QOTD: Where are you in the camp of passion vs currency?
#TIMESTAMPS:
1:12 – How would you create a more sustainable world with a media company?
3:58 -What tactics should I use to sell to my fans that don’t have credit cards?
6:37 – What platform should filmmakers be focused on?
10:15 – How much content is too much content on YouTube?
12:30 – Should I go with my passion or what I’m good at?
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Gary Vaynerchuk builds businesses. Fresh out of college he took his family wine business and grew it from a $3M to a $60M business in just five years. Now he runs VaynerMedia, one of the world’s hottest digital agencies. Along the way he became a prolific angel investor and venture capitalist, investing in companies like Facebook, Twitter, Tumblr, Uber, and Birchbox before eventually co-founding VaynerRSE, a $25M angel fund.
The #AskGaryVee Show is Gary’s way of providing as much value as possible by taking your questions about social media, entrepreneurship, startups, and family businesses and giving you his answers based on a lifetime of building successful, multi-million dollar companies.
Gary is also a prolific public speaker, delivering keynotes at events like Le Web, and SXSW, which you can watch right here on this channel.
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42 Replies to “Business Tips: Salty Vee, Passion vs Skill & the Best Platforms for Filmmakers | #AskGaryVee Episode 225”
you have 2 million now!
Vine dead, sad face
14:45 Great thoughts about passion work vs money work
Pretty miserable, for someone who preaches never dwelling and positivity…
Action over words.
Action over words.
Try you passion! Best advice that been given to me so far. Everyone is always talking about education and finding a job, but nowadays only few people actually talk about finding your passion. Keep up the great work Gary!
QOTD: well MMA is my passion but at 25 years old ive got a enough wear and tear in my body and suck too much to believe that it will be worth it for me to continue pursing since most mma fighters are paid shit. Besides im not good enough to be a coach and well business i thought would be the way to go even though i still am passionate about mma. Ive only done minimum wage jobs so yea my income sucks but school is the way im going since i still want to go big. In terms of the jobs that you asked about gary i would probably take the $89000 since i could make a good living and maybe move up to make more and do bigger things. It depends though
QOTD: l'm in the passion camp, 100%. But! One of the first books I 've read was Marc Cuban's, and he said something I found very interesting: don't follow your passion; follow your effort. By becoming better in something, you can develop a passion for that, and find what you really are passionate about. So bottomline: do shit.
I love the ability to dig deep in the archive of the Vayner team!!
Top quality as always guys!!!
65% passion, 35% currency.
Tone deaf to their actual skill set … Amazingly well said
#clipit 5:30–6:30 fcking gooold
only been watching Gary for a couple weeks but I've just related to him majorly. my football team is Manchester united and I am devasted every time they lose.
P.s love the show.
bring India back.
That's an easy answer basically a layup I think most would go for less doing their passion I think it only becomes a difficult question when you have a huge disparity between the two incomes. Make $150k doing what you don't enjoy or make $20k doing something you love hmm
Awesome advice for me:
"Try your passion for two years"
That was pretty impactful! All I needed was to hear it.
Going for it! Thanks!!
Yo tengo un gran sueño o un gran "plan" y no me hace necesariamente feliz pero siento que es importante y me parece que no hay nadie más que lo vaya a hacer si no me pongo en acción yo. Es algo con lo que podría ganar millones y ser muy rico, pero no es sobre el dinero, realmente es algo que siento es necesario. Y hacer algo que me hace feliz sería dedicarme más al arte, igual sé que podría ganar suficiente dinero, seguramente no tanto como en lo que es "mi sueño" pero estaría más tranquilo. No sé.
was this recorded on iphone?
hahahaha… I love the end of this video… you r the best Gary!!
Response to the QOTD: You talk about self awareness a lot, and I believe a lot of it comes down to learning how your passion fits in with your skill sets. Also WHY are you passionate about it, what is it about your passion that really gets you going? I spent ages 15-23 playing music in pop/rock bands. I began on the drums, switched to playing bass, toured the country a few times, and then I left that band and moved to California and picked up lyricism (rapping). Obviously, if you couldn't tell, one of my biggest passions lies in music.
The problem was that I didn't have enough self awareness at this point to understand where I fit into this whole equation, or why I was passionate about music. Don't get me wrong, I LOVE to play music and perform on stage- it makes me feel alive. The skill set and the part that I personally loved spending my time on the most in all of this though was business/marketing. Whenever I wasn't touring I spent SIGNIFICANTLY more time learning about marketing and growing my business (the band) than I did playing my instrument. I'm talking at least 20 times more.
The reason I am drawn to music so heavily (my WHY factor, per say) is the connection with other people that music brings. The sad truth about this is that I actually LOST myself trying to be a rock star, and began to disconnect from those who listened to my music thanks to my lack of self awareness.
I'm almost 26 now, it's been 2 years since the split of my last successful band. As of a couple months ago I now MANAGE an incredibly hard working, talented band from NYC called Crash the Party and have never been more excited about the future. (I've also recently began a self growth "movement" called #EvolveWithMe). Thanks to the true passion within me for not only music and people, but also for marketing and business building- I spend EVERY spare moment from the time I wake up to the time I go to sleep working on educating myself on the industry and building these businesses. Take note, this is NOT because I am naturally a hard worker. I spend so many hours on this because I FUCKING LOVE IT. Ending my day a better version of myself, spreading the growth to other people, and knowing that I made progress on these businesses brings true joy to my life. As much or more than I ever got from touring the country in a bus.
You ask the question "passion or currency?". I truly believe that if you can develop enough self awareness to discover how your skills work with your passions, and the WHY behind your passion- not only will the money eventually come with it (assuming there's a market for it), but you will be truly fulfilled every day of your life. No amount of money can ever make up for living an unfulfilled life.
@TheStoryofJacob #EvolveWithMe
P.S. Thanks again Gary for being an authentic person and a business man, and showing the world that these 2 things do thrive hand in hand.
When the passion is not paying any currency, then taking another opportunity in order to put food on the table is important (for me, especially because I have a family to support). This doesn't mean though, that I can't invest spare time on my making my passion work, so that it eventually monetizes. So, that's what I'm currently doing. I'm chasing currency, for matters of practicality, in order to financially support my family and to support my wife in pursuing her dreams, whilst investing spare time to put myself in a position to turn my passion into a financial reality. Again, great question. Will watch the episode in the very near future. Currently finding value in reading, thinking and answering your questions Gary (and guests).
Gary you give more sound tactical advice when the Jets loose.
#QOTD Passion is good but it's not a requirement for a successful career. There are plenty of tough jobs that are important that people aren't passionate about but need to be done.
Hey! Podcast listener here – leaving my first comment. Lurker I'm on the fence. I totally think if you love what you're doing you will ultimately be "successful" in it because you'll want to work hard for what you love. On the other hand, in my own situation – I'm part time in my passion job and part time in my day job that pays the bills, because I've got so much student debt. Unfortunately I have a TON of student debt I racked up pursuing a job I thought I wanted to do since I could pick up a pencil but later discovered it wasn't for me after 6 months doing it professionally. I'm four years in now with the day job, two into my passion job [my own business] and 4 months in to doing both part time rather than doing the day job full time and passion on the side. Making progress… once the debt is gone, forget about it – I'm going all passion, but until then, I have to remember I'm in it for the long game.
Passion always. In the end, it's not the amount of money, but what I do with it. Most likely the money I'll make will go back into enhancing the passion experience.
Hello Gary, My name is Misha Bricks. I'm in the process of transitioning from taking care of my three children, who are all adults now, to following my passion, which is motivating and helping teens girls and women of all ages. I'm from Detroit, Michigan. And I've persevered through an enormous amount of personal tragedies and hardships, like you wouldn't believe. I've already started creating videos, I've also started an snapchat account, however, I get so anxious about releasing the videos. Gary, any suggestions on how to overcome this fear?
Definitely agree with passion and fulfilment over currency because once you follow your passion, the money will follow.
Regret. Is. Poison = R.I.P = good infographic opportunity.
#QOTD. It's important for me to make room for what I'm passionate about, while being practical. If you need to work your 9-5 PM, and work on your passion project after hours, then do that, to pay your bills and make room for what you love. While you build your business, it would be ideal to be able to do it full time, once you've established a constant profit stream. This also improves your enjoyment of life, because you can have your hobbies, and passions, and enjoy them in your everyday life.
I agree if the passion is followed up hard work and grounded in reality.
#QOTD: I'd rather a bit poorer but happier. I've always accepted a bit less to work from home and never regretted it
About the second question, Cash On Delivery(COD) could be an option after the order is verified over the phone. Pakistan has the lowest credit card penetration rates and with PapPal's absence, the e-commerce business runs on COD!
I agree 100%. If you're not happy where you spend the majority of your waking hours, when is it that you think you'll be happy? You always go with what makes you happy! The money will follow your passion. You become super valuable when you are doing what you love.
Passion, passion, passion. If you can't make money in your passion, that's a hobby so you never have to quit it, but follow your passion first and hopefully you will also find your "lane" doing so.
I'd go with B even if it was 30,000 a year haha
#QOTD Camp Passion. I've just given notice at my job, and making the leap to my own business full-time, which I've been running on the side for a little while. I just turned 40, and know that I'm no longer passionate where I've been working. I'm willing to risk it to be happy and do what I've been wanting to do. Thanks for all the great videos & books Gary.
Passion over skill any day. However if you can do both obviously that would be best. In January I opened a supplement store and truly love what I do. I left my 9-5 desk job to take a chance. Best decision I've ever made because even on slow days of sales, I'm still happy. Love the show Gary!!
I work between 8-14 hours a day, some times that's a mix of freelance or it's all day job ( paid salary with no overtime ). The issues I have with the "hustle" is that I'm working hard for other people and making good money doing it. The truth is, I also really like the work that I do.
I want to do more for my self but I struggle with that because I don't hate what I do, I would just rather have more time for my family and to do my own shit.
i'm for the camp of being passionate about something, going for it even though it might make you less money, as people who want to be true to themselves and won't be happy just by making money will end up being better people if they go for what they love.
Better people can create a better world, at least the way i see it.
The end of this AskGaryVee Show is one of the funniest moments I've seen from you yet, Gary – that's because when my LA Dodgers lose I know how visceral that emotion really is. Cheers.
I wish I was making $89K when I still had student loans 😉