#AskGaryVee Episode 88: Disney's Magic Band, Selling Stuff on Meerkat & Safety First | Summary and Q&A

TL;DR

Gary Vaynerchuk answers questions on transitioning freelancers to full-time employees, his travel schedule, the potential of Meerkat and Periscope, and the impact of content on businesses.

Key Insights

• 🥰 The decision to hire a freelancer full-time should be based on mutual love and potential, business growth, or the freelancer's strong desire to join the team.
• 💌 Travel time can be optimized by catching up on calls, emails, social media, and staying updated on news, sports, or personal interests.
• 👤 Smart technology, like the Billion Dollar Magic Band, offers opportunities for enhanced user experiences, improved operations, and increased efficiency in various industries.
• 🤔 Content can have a significant impact on attracting b2b clients, with thought leadership and expertise establishing trust and interest.

Transcript

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Questions & Answers

Q: When is the right time to shift from hiring a freelancer to hiring someone full-time?

The shift from freelancer to full-time employee can happen when there is a strong connection and potential for growth, when there is a business necessity due to growth, or when a freelancer expresses a strong desire to join the team.

Q: What is your travel schedule like and how do you spend your travel time?

Gary usually travels by car or Uber, using this time to catch up on calls with family and business partners, check emails and social media, and stay updated on news and fantasy baseball.

Q: How do online/offline bridge technologies like the Billion Dollar Magic Band benefit businesses?

Technologies like the Magic Band offer opportunities for improved customer experiences, personalized content, and increased efficiency in areas like amusement parks or retail stores. They can also help businesses optimize their operations and drive additional sales.

Q: How does Gary's content impact his b2b audience?

While Gary's right hooks may not directly target the b2b audience, his jabs and thought leadership content can have a significant impact by establishing him as an authority and attracting interest from potential business clients.

Q: Which industries do you think will leverage Meerkat and Periscope the best?

Gary believes that industries like retail, entertainment, and sports can benefit greatly from platforms like Meerkat and Periscope. Ideas include live QVC shows, streaming entertainment events, and showcasing local sports leagues or fights.

Summary & Key Takeaways

• Gary explains that freelancers can be hired full-time when there is mutual love and potential for growth, when there is a necessity due to business growth, or when freelancers express a strong desire to be a part of the team.

• He shares his travel schedule, mentioning that he usually takes an Uber or Black Car, and uses this time to catch up on calls with his mother and business partner, check emails and social media, and stay updated on news and fantasy baseball.

• Gary discusses the potential of smart technology, such as the Billion Dollar Magic Band in Disney World, and how it can enhance user experiences in various industries including retail. He also mentions the potential impact of wearables, such as the Apple Watch, on time-saving and consumer behavior.