Business Tips: Why 98% of People Buy Luxury Cars | DailyVee 498
Business Tips: Why 98% of People Buy Luxury Cars | DailyVee 498
Awesome Tip: Why 98% of People Buy Luxury Cars | DailyVee 498
So many people are working jobs they hate because they’re buying dumb, expensive stuff to impress people they don’t care about.
It’s such an important topic that we need to talk more about.
People are struggling to quantify that happiness is the true ROI, not a mansion or a car or “looking the part” on Instagram.
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Gary Vaynerchuk is the chairman of VaynerX, a modern-day media and communications holding company and the active CEO of VaynerMedia, a full-service advertising agency servicing Fortune 100 clients across the company’s 4 locations.
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, Twitter, Tumblr, Venmo, and Uber.
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, as well 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.
Gary also appeared as judge in Apple’s first original series “Planet of the Apps” alongside Gwyneth Paltrow, Jessica Alba and Will.i.am.
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Check out my Alexa skill!:
I have a 335i full bolt on tuned on e85. The reason I got it is not because I want to show off. I got it because every time I turn on to that highway ramp and hear the exhaust going and power that throws you in your seat. It puts a smile on my face that almost nothing can
It's nice to have things and spend if you can ,I know plenty of people that have money but drive shity cars, but they spend it all on a escort of a wife. If you dont make the decision someone else will do it for you
Cars and luxury items are usually a waste of money. Simple. People cannot give up the illusion they try to prop up with their child like behaviours. Its a hard truth but we all have to learn it to really start living.
If you want something , and you have everything else taken care of and what you gonna spend will not affect any aspect of your life financially, then why not ?! Life is too short man
Been there. In my 20s and 30s I had the expensive car payment and expensive mortgage. I lived in a 2200 sq ft house all by myself with most of the rooms totally empty. I was stuck doing a job I increasingly hated just to pay the bills. Finally I quit that job, which forced me to adjust my living expenses. Now I do a job I like (maybe not love), and I now own 2 smaller houses and 3 cars. I've monetized all my assets – I rent one house and rent 2 rooms in my house, I rent out 2 of the cars and do uber with the 3rd car. So now I have a flexible schedule, no boss, passive income from several sources. Much happier.
I think some people in the comments got his perspective all wrong. Most people want luxury items in their life, but it's never okay to slave over it or to get it just for the sake of pleasing others that you truly don't care about or you honestly don't care of the quality of that said product. Invest in yourself first! Society fails to realize this.
My asset is currently around USD $1.5million. I can buy a $100K mercedez tomorrow cash but it'll be stupid. Dont be stupid. If you cant be smart with money you'll never be rich.
26 Replies to “Business Tips: Why 98% of People Buy Luxury Cars | DailyVee 498”
I just paid off my Honda CRV and will be driving it for a while. I have nothing to prove.
Luckily I'm that 2% who buys a luxury car to impress people I don't care about, but not working in a job I hate.
Garry Vee just feels Right!
I have a 335i full bolt on tuned on e85. The reason I got it is not because I want to show off. I got it because every time I turn on to that highway ramp and hear the exhaust going and power that throws you in your seat. It puts a smile on my face that almost nothing can
Daily Energy! Thank you Gary!
What is the name of piano piece used in the video?
It's nice to have things and spend if you can ,I know plenty of people that have money but drive shity cars, but they spend it all on a escort of a wife. If you dont make the decision someone else will do it for you
Cars and luxury items are usually a waste of money. Simple. People cannot give up the illusion they try to prop up with their child like behaviours. Its a hard truth but we all have to learn it to really start living.
I will be the brand
I love cars, thy make me happy. I enjoy driving a nice car. Nothing over 25k though.
And Toyota and BMW are like the same price now these days anyways
❤️ I’m getting a Toyota.
But not 6.2 crew cab Tundra sort of Toyota. Be specific.
Buy a 1.2 Yaris.
Im not buying a luxury car, as long as my piece of shit peugeot drives, im driving that motherfucker
97% have small wieners
If you want something , and you have everything else taken care of and what you gonna spend will not affect any aspect of your life financially, then why not ?!
Life is too short man
Been there. In my 20s and 30s I had the expensive car payment and expensive mortgage. I lived in a 2200 sq ft house all by myself with most of the rooms totally empty. I was stuck doing a job I increasingly hated just to pay the bills. Finally I quit that job, which forced me to adjust my living expenses. Now I do a job I like (maybe not love), and I now own 2 smaller houses and 3 cars. I've monetized all my assets – I rent one house and rent 2 rooms in my house, I rent out 2 of the cars and do uber with the 3rd car. So now I have a flexible schedule, no boss, passive income from several sources. Much happier.
I think some people in the comments got his perspective all wrong. Most people want luxury items in their life, but it's never okay to slave over it or to get it just for the sake of pleasing others that you truly don't care about or you honestly don't care of the quality of that said product. Invest in yourself first! Society fails to realize this.
@0:53 "hello, how are you"…….. "I'm nice" LOL
I like Gary
Basically a rip off of fight club (1996) – "We buy things we don’t need, with money we don’t have, to impress people we don’t like."
Do not sell a safe asset such as a house for you to go into business. Which is the riskiest form of value creation.
curtis perabus.
My asset is currently around USD $1.5million. I can buy a $100K mercedez tomorrow cash but it'll be stupid. Dont be stupid. If you cant be smart with money you'll never be rich.
Sell home and go rent? Stupid advice
this guy is full of shit.
I mean… I like my Audi tho lol
Brand new cars are the way forward. Old cars breakdown. Finance is good if you can't afford an car outright.