INSPIRATION: Building a Business for Yourself Is an Ambitious Goal | Dailyvee 469 in Singapore

INSPIRATION: Building a Business for Yourself Is an Ambitious Goal | Dailyvee 469 in Singapore

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Building a Business for Yourself Is an Ambitious Goal | Dailyvee 469 in Singapore

Look, a lot of you seem to misunderstand that when building a business, you can’t take all of the margins and put them in your pocket while simultaneously expecting the business to grow and scale. You’re either feeding yourself or you’re feeding your business.

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Gary Vaynerchuk is a serial entrepreneur and the CEO and founder of VaynerMedia, a full-service digital agency servicing Fortune 500 clients across the company’s 4 locations. Gary is also a prolific public speaker, venture capitalist, 5-time New York Times Bestselling Author, and has been named to both Crain’s and Fortune’s 40 Under 40 lists.

Gary is the host of the #AskGaryVee Show, a business and marketing focused Q&A video show and podcast, as well as DailyVee, a docu-series highlighting what it’s like to be a CEO, investor, speaker, and public figure in today’s digital age.

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7 Replies to “INSPIRATION: Building a Business for Yourself Is an Ambitious Goal | Dailyvee 469 in Singapore”

  1. Dear Gary, I write to you from the uk with a question… I took over my family business of 25 years, 3 years ago where we specialise in Hiab vehicle haulage, the company was close to collapse and my father asked me for help, I have poured blood sweat and tears into keeping the company alive and have now turned the corner and have nearly doubled our turnover in only 3 years without spending £1 on any marketing..! Reason for this is past efforts on my fathers behalf have failed, in old advertising, example paper adverts, magazines and so on.. what I did to survive and build was maximise revenue from existing clients and push them for everything by increasing service levels, making us the best at what we do focusing on us and not my competition, giving value for what we charge. However I feel we have now reached our limit for growth with our existing clients and to grow further we need to look to marketing.. I have recently started pumping money into google Ads which is returning us 25% average conversions but there seems to be a limit to leads for what we do, are big clients looking here or are they stuck with who they are currently using, putting up with the average service they get, and if they do decide to look for a replacement where are they looking… my question is.. how do you think social media could work for this industry, being one of the last industry’s in my opinion to catch up with modern day ways, can it work and in your opinion what would be the best route or platform for us to use in the UK? Our target audience is construction, hire industry, and manufacture. I have been following you for some time now and I see myself in you which is very inspiring, I have also referred you to speak for a UK nationwide insurance company called Coversure where I believe they will be contacting you to speak at a UK event in the coming months. So I hope they find you well. Thank you again and I appreciate your time in responding. Kindest regards Chris Jolly.