Gary Vaynerchuk – A VC to Follow
As an entrepreneur, I am constantly looking for advice, suggestions, and VCs to follow for motivation. Interestingly enough, I came across a VC/Entrepreneur, that I heard about, but never really took the time to research. His name is Gary Vaynerchuk, CEO and co-founder of Vayner Media along with VaynerRSE – an Incubator/Angel Seed Fund that invests in ‘next technology’ companies. I first came across Gary’s profile, via Medium. He had written a great post titled Why You Shouldn’t Take VC Money (click link to read full post). In his post, he discusses why he feels taking VC money isn’t worth it, and how entrepreneurs should think when they’re first starting out. One of my favorite points he makes about startups was:
The first few years of a startup aren’t supposed to be cushy. Those are the years that you grind. If you’re getting into entrepreneurship because you want a lavish lifestyle, you’re in it for the wrong reasons. – Gary Vaynerchuk
I responded to Gary’s post with my own thoughts which you can see below.
After my response, I never thought twice about it. Fast forward a few days later, I come across an interesting Twitter session between some VCs I follow and Gary. I’ll spare the details and just skip to the end. After all the conversations back and forth, Gary posts a YouTube video. Of course, being a Twitter fanatic, I clicked on the link to view his video. WHAM, I was blown away. Gary Vaynerchuk is a NO BULL-SHIT VC. He’s a man who made his fortune through hard work and dedication. The video he shared was really motivational (hint that was the whole purpose for the video he made). After watching the clip (several times), I decided to do a little research on who Gary was, and how he got to be a VC. In short, he took his then $3M a year family owned Wine business, and grew it to a $60M dollar empire. If you want to read more about him, or any of his books, check out his website garyvaynerchuk.com.
Since I’m an avid fan of VC news and advice, I wanted to post his YouTube video as well. *Warning some graphic language* – as he’s a no BULLSHIT guy. Also, check out his other videos, which he does various interesting segments on YouTube.
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