57 Minutes of Business Tactics & Lessons l Podcast With Friends Ep. 15

On today's episode of Podcast With Friends, I sit down with Vinay Menda, Devon Lévesque, Chris Olexa, and Justin Smith. The conversation delved into the realities of entrepreneurship, the importance of attention as an asset, and the emotional impact of business failures. We also talk about the benefits of franchising as a business model, contrasting it with starting a business from scratch, discussing the support system franchising offers, and how it fits certain entrepreneurial spirits better than starting a new venture. Hope you enjoy!
Timestamps:
0:00 Intro
0:58 The best performing wings
2:40 The franchisee and franchisor business
5:00 Is entrepreneurship becoming less cool?
8:09 How Vinay started 80+ coffee stores in a short period of time
11:43 Devon's background story
14:24 The real challenges of entrepreneurship
23:16 Setting very big goals and dreams as entrepreneurs
26:30 The power of being present in the moment
28:01 Meditation, spirituality, and perspective
35:32 The power of being comfortable with discomfort
37:50 Different perspectives on competition
43:00 Which VeeFriends character speaks to you?
45:00 Effective leadership and communication
49:40 Which VeeFriends character speaks to you?
51:41 Showing up and being driven
54:40 Closing thoughts
56:00 Day Trading Attention
Check out my new book - Day Trading Attention: garyvee.com/attention
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Thanks for watching!
Join My Discord!: www.garyvee.com/discord
Check out another series on my channel:
Gary Vaynerchuk Keynote Speeches: www.garyvee.com/keynotespeeches
Gary Vaynerchuk's thoughts on NFTs, Web3, cryptocurrencies and more: www.garyvee.com/web3nfts
Life, Business, and Career Advice l Gary Vaynerchuk Original Films: www.garyvee.com/gvoriginals
How to Make Money at Garage Sales l TrashTalk: www.garyvee.com/trashtalks
Inside the Life of a $300M+ Company's CEO l DailyVee: www.garyvee.com/dailyvees
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Gary Vaynerchuk is a serial entrepreneur and serves as the Chairman of VaynerX, the CEO of VaynerMedia, and the Creator & CEO of VeeFriends. Gary is considered one of the leading global minds on what's next in culture, business, and the internet.
Known as "GaryVee," he is described as one of the most forward thinkers in business. He acutely recognizes trends and patterns early to help others understand how shifts in consumer attention impact the realities of the business world today. Gary's approach sits at the intersection of business and pop culture. He keenly understands how to bring brand relevance to the forefront. He is a prolific angel investor with early investments in companies like Facebook, Twitter, Tumblr, Venmo, Snapchat, Coinbase, and Uber.
This year, Gary will unveil two new books. In his seventh book, "Day Trading Attention" (set to be published on May 21, 2024), he provides fresh insights into navigating the modern social media landscape. Gary's expertise guides readers on harnessing underpriced attention channels in the digital age. He emphasizes mastering storytelling in these arenas and highlights the "TikTokification of Social Media," where content relevance surpasses follower counts. Businesses can leverage this shift to enhance their brand and boost sales. "Day Trading Attention" equips readers with essential skills to succeed in today's dynamic digital world. Gary also announced his first children's picture book, based on his VeeFriends characters, titled "Meet Me in the Middle” (set to be published on July 16, 2024). The picture book, which will prominently feature two VeeFriends characters, Eager Eagle and Patient Pig, delves into the emotional elements essential for nurturing children's empathy - a crucial skill for their future success.
Gary is an entrepreneur at heart - he builds businesses. Today, he helps Fortune 1000 brands leverage consumer attention through his full-service advertising agency, VaynerMedia, which has offices in New York, Los Angeles, Toronto, Mexico City, London, Amsterdam, Sydney, Singapore, Tokyo, Bangkok, and Kuala Lumpur. VaynerMedia is part of the VaynerX holding company, which also includes Eva Nosidam Productions, Gallery Media Group, The Sasha Group, VaynerSpeakers, VaynerCommerce, and Tingley Lane Trading. Gary is the Co-Founder of VaynerSports, VCR Group, VaynerWatt, ArtOfficial, Resy, and Empathy Wines. He guided Resy and Empathy to successful exits -- which he later sold to American Express and Constellation Brands, respectively. He also owns a Major League Pickleball team called the 5s.
In addition to running multiple businesses, Gary documents his daily life as a CEO through his social media channels, which have more than 44 million followers and garner over 300 million monthly impressions/views across all platforms.
Gary serves on the board of MikMak, Bojangles Restaurants, Global Citizen Forum, and Pencils of Promise. He is also a longtime Well Member of charity: water.

[@burmakara]

The fact that nobody talks about the book The Hidden Truths Of Wealth speaks volumes about how people are stuck in a trance.

[@peoplebringprofit]

Will have to give that a read ASAP

[@OHANA-Beach-Suites-CDO]

I love the chase/journey! I’ve been working 2 full time jobs 100 hours a week for 7 years while building my house and beach hotel in the Philippines! We open next year! Thanks Gary!

[@Inhereyesllc]

Start the business my friends. Build your confidence, post the content, do the things that are scary every single day to get closer to where you want to be 💕

[@dewadebadon]

Podcast with Friends 😎 Daily Positivity Energy! Thanks Gary!

[@Mr.Gratitude]

This is such an amazing 💎 of wisdom, bro's are casually meeting and discussing sips of knowledge and great advices for life and business. Much appreciated, thank you.

[@V9NBILLIONAIRE]

Thanks Gary for this CONTENT! GREAT VALUE HERE!!!!!!

[@nycweb-fest1843]

Love Gary so much, but this was a panel I WISH I could have heard more from, especially since franchising isn’t something that gets touched on enough. Instead, we heard about Gary’s philosophy and work ethic, which we already know and hear about. The majority of this show was Gary talking.

[@CardHuntingGuy]

Great show drop today! can't wait for the book. Vee friends Fam

[@djkwemo]

Love the podcast with friends series. Pro Tip: ya'll should have the instagram of your guests in the description

[@numberoneappgames]

Mental structure really does affect your business and life. Great talk!

[@CoachDavHill]

Let’s build!!! 🏁💎

[@greenwallscapes]

Hey Gary - what about some ladies? 🙋‍♀ Loved the advice on this one.

[@BrettWarniers]

I wish I got to know the guests more, these podcasts seem to be Gary talking over 50% of the whole show but there'll be like 4 or 5 really fascinating people that I've never heard of and want to get to know

[@sonsofsofa2841]

When you do meditate you will know the difference between feeling calm, but the fact Gary can recognise the negative emotions and not buy into them and carry on is the result of meditation . Lucky mind state

[@Vinny_108]

Awesome chat

[@HopeToHaveAKidneyTransplant]

I'm learning from you guys i'm from philippines thank you

[@titan09]

Mote! Loved it!

[@moneymaverickstv]

🎉🎉

[@wellquotedworld]

Really Nice

[@leadgenjay]

Interesting conversation

[@TeamGaryVee]

Check out Gary's new book, Day Trading Attention! garyvee.com/attention

[@ScottsHonestReviews]

❤❤❤❤❤❤

[@rathasri4060]

❤❤🙏🏻🙏🏻

[@jeffbeaudoin4544]

My record for a Gary video is 78 seconds

[@foodbytheword6262]

🤔👍🏿

[@farmerjeffmays9858]

Always Valuable Content 💰 I Dream about being able to attract GaryVee as my Hydro Ag Solution Business Partner . GaryVee is an Amazing Human

[@omarb1337]

Life balance is the ultimate success. You CANNOT achieve big things without sacrifising your family time..

[@felixflexin777]

1st

[@mohamedalaa310]

Is there anyone here from Egypt and want to start a business together I’m 18

[@shannonevangelista]

Devon is a gangster w his emotions if he grew up w 4 sisters!

[@chasdoize3]

Either you are an entrepreneur are your not. Entrepreneurs are the worst employees. I’m not rich by any means, but I haven’t had a boss since 1997.

[@mtbembark3169]

I agreed with so much. But solely thinking this world is OK and it will be OK isn't true. Regardless of whether your in the UK or USA the division of wealth is astronomical, you have to be an absolute head job to assume that that wealth is going to be transferred back to these in poverty. Well unless someone grows some testicles and does something about it. Never has any recent generation seen the gap so large, and all you need to do is poke your head out the window to see it. Our economy is built of debt. Banks require it, banks feed our government's, capitalist society's work from the top down, till those at the top own everything. There is a reason why Rome fell to the overwhelming suppression of its capitalist society. But us humans suffer extreme amnesia. We place people in box's and suppress those without traits geared for success. Is the Wife with overwhelming levels of E.Q emotional intelligence destitute for failure because you can't sell love. You can succeed in society and make money, but you better play by the rules.

[@brittanygentry5911]

What’s the point of having so many guests and not letting them speak…

[@FLOODOFSINS]

These jokes can't make a living in their own country so they have to invade ours. Great job Gary. It's funny how people can't prosper in their own country😂

[@MultiANTI]

Scammer

[@GudaCheese]

This guy hosts 4 incredible entrepreneurs and yet still makes this about himself 💀 what a waste.

[@blessed720]

Get joey diaz censored