#QOTD: I need a state of the union from you guys on the show. How are you feeling about it? What do you want to see from me? I’d also like a little banter. Accepted topics are the following: the Oscars, my Monday morning video, or being sick.
1:11 – What’s your take on podcasting? You’re playing in the space, but not all in. Not worth it yet?
3:24 – If you created a social media platform, what would be the key feature and why?
5:03 – How can I filter years of exciting adventures and experiences into value that somone would actually be interested in?
7:51 – What is the Facebook equivalent of riding the hashtag?
10:31 – Do you ever get sick, and if so, how do you still hustle through it?
There is a lot of potential in podcasts. The only reason I’m not all in right now is because I’m too busy. Everybody has to decide their own opportunity costs. For me, I think I over-index on video. I perform better on video. I like video, I like this whole thing.
But I want to still have a presence on their, so I’m taking the audio of this show and turning into a podcast. I think podcasting is a huge phenomenon. Obviously the smart phone has changed the dynamic; people can take it with them when they run or travel or work out. Other people are listening on their car over blue tooth. It has particularly exploded over the last twenty-four months, especially with Serial being such a big deal. It was big back in 04 and 05, and now it’s having a comeback.
I’m all about podcasting in its traditional form as an audio experience. To me, there is a huge opportunity that is being missed for a long of people. Let’s not forget that audio is much more accessible to a lot of people. Making a video takes a different dimension and skill set, one that I think I own; thus, I use this form to create two pieces of content. I take the audio and turn it into a podcast. Because video comes so naturally to me, that is what I default to. But I want to be aware of the podcast world, so I do what I can to make it work.
If I had time to do two separate shows, I would. But right now I don’t see the ROI of only doing audio in a world where I have so many projects happening.
And by the way, Podcast listeners (if you’re reading this 🙂 ), please give me your feedback. I want to make sure I’m hearing you and getting feedback.
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 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.
Find Gary here:
Wine Library: https://winelibrary.com