#AskGaryVee Episode 121: The Biggest Mistake My Employees Can Make

TL;DR

Gary Vaynerchuk answers questions about wholesale, favorite curse words, employee sins, failures, social media responsibility, and technology's impact on relationships.

Transcript

• On this episode I talk about wholesale, sins of my employees, my favorite curse word and I announce the three winners. (upbeat rhythmic music) You ask questions and I answer them. This is The #AskGaryVee Show. Hey everybody, this is Gary Vay-ner-chuk and this is episode 121 of the #AskGaryVee Show. I'm in a very good mood. It's a Friday, it's go... Read More

Key Insights

• 🧑‍🏭 Playing nice with colleagues is the most important factor at VaynerMedia and the unforgivable sin is not being able to work well with others.
• 📽️ Balancing multiple projects and partnerships is essential to avoid failure in entrepreneurship.
• 🔉 Social media can be leveraged by wholesale businesses to drive volume and sales by targeting actual customers and providing valuable content.
• 😌 The responsibility of finding a balance in relationships lies with both social media companies and users.
• 👻 Technology enables more human interaction and allows people to stay connected with friends and acquaintances from the past.
• 🧑‍⚖️ Judging relationships based on phone usage without context can be misleading and unfair. It is essential to understand the dynamics and challenges in each relationship.
• 🏆 The winners of the contest are Matthew from Vermont, Webly, and Dallas.
• 💌 Gary encourages people to spend time with those they value and not let technology dictate their interactions.
• 🏆 The contest winners are excited about the opportunity to replace Gary's employees for a day.

Questions & Answers

Q: What is Gary Vaynerchuk's favorite swear word?

Gary's favorite swear word is "dickface." He finds that using this word gets people's attention and is self-explanatory.

Q: What is the unforgivable sin for employees at VaynerMedia?

The unforgivable sin at VaynerMedia is not playing nice with colleagues. Gary judges employees based on how they interact with others and expects them to be respectful and considerate.

Q: What was Gary Vaynerchuk's biggest failure?

Gary's biggest failure was in 2009-2011 when he took on too many projects and stretched himself too thin. He learned the importance of balance and being selective with partnerships.

Q: How can a wholesale business take advantage of social media?

Gary advises targeting actual customers on platforms like Facebook and providing content that is valuable to them. He suggests using social media as a liaison to drive volume and sales.

Q: Does social media companies have a responsibility to help users find a balance in their relationships?

Gary believes that the responsibility lies with both social media companies and users. While technology can enable more human interaction, it is up to individuals to manage their relationships and find the right balance.

Summary & Key Takeaways

• Gary announces the winners of a contest, who will get the chance to replace his employees for a day.

• He shares his favorite curse word and discusses the importance of playing nice with colleagues as the only unforgivable sin at VaynerMedia.

• Gary talks about his biggest failure, which was taking on too many projects and not balancing them effectively.

• He advises a wholesale business owner on how to leverage social media for volume and encourages them to provide value to their customers.

• Gary reflects on the responsibility of companies and users in managing real relationships in the digital age.

• He believes that technology enables more human interaction, but it is up to individuals to find the right balance.

• Gary emphasizes the importance of choosing what we value and not judging others without context.

• He announces the winners of the contest and shares their excited reactions.