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My First MillionHow Gary Vee Thinks about NFTs | My First Million #209 with Gary Vaynerchuk
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EPISODE INFO
- Released
- August 13, 2021
- Duration
- 50m
- Channel
- My First Million
- Watch on YouTube
- ▶ Open ↗
EPISODE DESCRIPTION
No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd - In this episode Gary Vaynerchuk (@garyvee) joins Sam (@theSamParr) and Shaan (@ShaanVP) to give a master class on NFTs. Gary shares his predictions on the future of NFTs and how they'll be (eventually) used by everyone. He also talks about the growth of Vayner X, his love of garage sales, and the launch of VeeFriends & VeeCon. At the end, he shares the biggest lesson he learned from passing on investing in Uber (twice). — Check Out Shaan's Stuff:
- Shaan's weekly email - https://www.shaanpuri.com
- Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents.
— Check Out Sam's Stuff:
- Hampton - https://www.joinhampton.com/
- Ideation Bootcamp - https://www.ideationbootcamp.co/
- Copy That - https://copythat.com
- Hampton Wealth Survey - https://joinhampton.com/wealth
💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch Links: 📧: Sign up for The Hustle Daily Newsletter: https://link.chtbl.com/XJfEolHF 🎙️: Download Our Podcast: https://link.chtbl.com/lKrKl20Z A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us. ---------
- Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/
- Support the pod by spreading the word, become a referrer here: https://refer.fm/million
- Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas.
--------- Show notes:
- (0:00) Intro
- (4:36) The headcount growth of Vayner X
- (11:05) On Shaan's Clubhouse prediction
- (13:01) Gary's conviction to the game
- (17:06) Shaan's first foray into NFTs
- (19:14) Gary's prediction on the future of NFTs
- (22:46) Revisting the purchase of Michael Jordan's house
- (27:24) The story of the Spirits of St. Louis
- (28:42) The what, not the how, for NFTs
- (32:15) VeeFriends and VeeCon
- (37:43) On Gary's master plan to buy and grow existing brands
- (41:48) How Gary thinks abuot creating content
- (44:10) Putting wins on the board
- (45:44) Missing on Uber
SPEAKERS
Gary Vaynerchuk
guestEntrepreneur and CEO of VaynerX/VaynerMedia, known for marketing advice and NFT project VeeFriends/VeeCon.
Sam Parr
hostCo-host of My First Million and entrepreneur, focused on business/operator questions in interviews.
Shaan Puri
hostCo-host of My First Million, entrepreneur with strong interest in crypto/NFTs and web3 use-cases.
EPISODE SUMMARY
In this episode of My First Million, featuring Gary Vaynerchuk and Sam Parr, How Gary Vee Thinks about NFTs | My First Million #209 with Gary Vaynerchuk explores Gary Vee’s NFT thesis: utility, royalties, and long-game conviction The conversation opens with Gary Vaynerchuk explaining how VaynerX/VaynerMedia scaled headcount quickly, crediting relentless selling and tight awareness of cash coming in versus going out.
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