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- Welcome Gary Vaynerchuk!
(audience cheers)
- Thank you. - Yeah, man.
(audience cheers)
- Thank you, Philly, sit, let's do this.
(audience murmurs)
What up, what up?
What up?
(audience cheers)
Good to see you, Philly.
First of all, before we get this started,
the amount of gratitude that I have for this city
for beating the fucking Patriots in the Super Bowl.
(audience cheers wildly)
Let's fucking go!
Thank you for that.
Man, I hate those fuckers.
Today's an extremely special day for me
because today is my mother's birthday.
(audience cheers)
And I thought I would use that as a framework
of the opening dialogue, giving a sense of
who's speaking today.
I won't go too much into mindset and motivation
and those kind of things 'cause I think we have a lot
of people covering it, I'm actually going to go
pretty practical on the back half of this
about why I think most of you are massively missing the mark
and I include myself in that.
That we're missing the mark in this enormous gold rush
of Facebook ads and Instagram ads, LinkedIn, YouTube.
No matter how much content you're producing for whatever
you're trying to achieve, whether that's to raise money
for the PTA or sell sneakers or build your real estate firm,
whatever you do, the one thing, for all the people
here in the front and all those homies that I love so much
in the back-- (audience cheers)
Man, it takes a while for noise to get the fuck up here.
Shit is crazy. (audience laughs)
The one thing I know for fact that connects
every person here, that cameraman right there,
myself, you, all of you, is that attention is the asset.
That before you can tell me how great you are,
why I should buy your thing, why I should do the thing
that you want me to do, vote for me, buy my thing,
do this, help that,
that attention is the asset and I have spent the last
20 years of my business career becoming a practitioner
in what I call under-priced attention.
Whether it's email, or websites, or Google AdWords,
or YouTube, or Facebook, or Twitter,
the reason I have the great luxury of standing up here,
at least for the merit of what I've been able to accomplish
in my professional career, is I've been able to execute
within real estate that has been under-priced by the market,
I've been able to storytell and execute in there
and that has led to the results that I have.
As I got older, I got smarter and started investing
in the platforms that became the most important real estate
and those are the foundations of the things,
and when I buy the New York Jets and win by Super Bowls...
(audience cheers)
It will, 100%, be on the back
of the things that I'm going to talk to you
on the second half which is how all of you need to start
buying and creating on these platforms
and why so many of you have failed.
How many people here by show of hands have run Facebook
or Instagram ads and it hasn't worked?
'Cause I think it's a lot of people, raise them high.
There's a very specific reason.
It's because it's not that easy, it's not just, you know,
it's like me saying I'm going to put a ball in the hoop.
That's great, but it doesn't mean I'm going to be
a professional basketball player.
It takes a skill set, and I'll get into that,
and that's the thing, if you want to ask me what I'm trying
to accomplish here today, every person in here is
under-spending and under-creating on Facebook,
LinkedIn, YouTube, Twitter, podcasting, email,
everybody, me too.
And I have 22 full time people, I'm spending three to four
million dollars a year between advertising dollars
and people and I'm under-doing it.
So, I really need to deliver that, that's part two.
Part one is a little bit more interesting to me.
Over the last year, it's become obvious to me that optimism
is actually a strategy.
That I'm fascinated by what I was gifted.
I was gifted, through my mom's DNA and by the way
that she parented me, to be fundamentally in a place
where I just am incapable of seeing the negative.
I don't really, it's not that I'm delusional.
Basically, my life for the last 27 years
has been pretty basic.
If I wake up and me and the seven or eight people
that I love the most didn't die, I'm fucking pumped.
(audience laughs)
(audience applauds)
Now I really, really need you to understand what I'm saying.
I mean it, it's super basic.
I have a happy life not because of my success.
Seeing my dear high school friend, Jess, right there,
one, two, three, in the fifth row...
It was super fun, I ran into her in the hotel last night
and I was there with her husband and friend
and it was fun for me, it was emotional for me
because she's one of a very, you know, we only went to
a high school of 254 kids, I know it's 254 in our class now.
I don't know how many of you follow me on Instagram
but the happiest day I've had in the last month
was when I posted my report card a month ago
because I was ranked 243 out of 254 in my high school.
(audience laughs)
But there's not a lot of people, because I was very insular,
what she can tell you is that for the first three
and seven eighths year of my high school career,
because I worked in my dad's liquor store
and because I worked after school,
I didn't do after school sports,
I didn't hang out, I didn't have much of a social life,
I sold baseball cards in the malls of New Jersey
and I worked at my dad's store, I was in my own shit.
And so, for me, it's fun to see her right here
because you could say, you know, I have empathy.
One could say, well, you're happy 'cause you've made it.
I was fucking super happy when I wasn't making it
and doing the shit that nobody wanted to do.
You know, a lot of people are very confused
with my narrative, when people want to troll me,
they're like, easy for you, you were handed
three million dollars or this, that, the other thing.
I spent the first 12 years of my career, 15 hours a day,
paying myself less than $100,000 a year, every year,
building my family liquor store business for my parents.
I left at 34 years old with zero equity in Wine Library,
no money to my name, and no equity on paper.
I basically started over seven years ago.
But I checked, thanks Dad, but I checked--
(audience laughs)
But I checked a very important box for me.
I don't know how many of you are immigrants,
or the children of immigrants, or how many of you,
in the same way that I am (audience cheers)
that have the great, great fortune to have their parents
be their heroes, but there's no greater feeling in life
than feeling that you've settled the score with your parents
and gave them as much as they gave you.
And that feels incredible for me of what I did
in the first part of my career but here's what I will
tell you on my mom's birthday.
My mom did some crazy ass parenting on me.
First of all, the number one thing that my mom did for me
and the number one issue for the far majority of this room,
and I'm just lucky of good parenting and DNA,
I don't think I'm better than you, I'm just telling you
because I see it every day and because I've read a lot
of tweets in the last 24 hours of people that are
in this audience, and I look at not just the tweet
that you said you're excited to see me, I look at all
the shit you post 'cause I'm trying to get a sense
of you fuckers. (audience laughs)
The number one gift my mom gave me is a lack of entitlement.
If you want to talk-- (audience applauds)
For all the good shit that's going on with me,
I literally think I mean nothing.
I'm being dead serious with you.
I think I'm the greatest of all time,
with my confidence, bravado, and ego, and excitement,
and the things I see are happening, but I equally know
that if I disappeared tomorrow, cool,
I'd have a good social media day and then,