Would you do THIS for $699?

GaryVee · Intermediate ·🚀 Entrepreneurship & Startups ·10mo ago

Key Takeaways

GaryVee encourages entrepreneurship and taking risks, using the example of a garage cleanout business that charges $699 per job, emphasizing the importance of common sense and not being held back by fear of failure or job security.

Full Transcript

Dude, come on. You need to quit your [ __ ] job. Are you out of your [ __ ] mind? What? >> I'm 34 years old. I actually just recently started a garage cleanout business. Uh we go and clean people's garages out and then we buy the stuff they don't want and we're trying to resell. >> I wish I was running this business. This literally described my dream life. >> I also have a full-time job. >> I see. >> I'm a marketing director. And then we're mostly cleaning stuff on the weekends right now. >> Makes sense. >> At what point or what kind of indicators do you look for for like, yes, this works. This is going to be something that I can do full time. That's kind of where you're asking the right question. Paul, have you heard about the concept of common sense? >> Yes. >> Good. Let's play common sense game. Question number one in the common sense game. Have you been able to get customers? >> Yes. >> How much are they paying you to clean a garage? >> Uh $6.99. >> $699. >> Yes, sir. >> You need to quit your [ __ ] job. Are you out of your [ __ ] mind? What? $699? I would do it for $69. And that wasn't a high school joke. Go to the next question, even though the game's over. How many How many garages have you cleaned? >> Uh, we've done 16 so far. We're only about a month in. >> Paul, you're an [ __ ] >> How'd you get to 16? >> Facebook, >> bro. Because you know how to do the marketing. You know I'm right about this Facebook local ads thing. You know I'm right. And you also know that people are lazy or incapable or prefer like me. I'm not lazy, but I'd rather pay for something I don't want to do. I have no idea why people are paying7 $699 Paul. >> Yeah. Yeah. >> Question number three in the common sense game. Have you found any expensive worthwhile stuff in any of these 16 garages? >> Uh we found a furniture. I found some $600 baseball gloves. I mean, yeah, there's some good stuff. >> You have Paul, I hate you. I hate you. >> I also broke these, but that's good cuz these are broken anyway. Bro, what are you talking about? Quit your [ __ ] job now. I I think it's just it's the it's the security that scares me because I've got >> You can get a job. You pull you can get another job if this fails. You're doing this for like three hours dominating. If you quit and it fails, you can get another job being a marketing executive. Everybody's going to have jobs. Don't let this AI thing scare you. You like I could even just tail by your temperament like just talking to you for five minutes. By the way, this is how I hire people. Just five minutes I could tell that you can get. By the way, I'm going to make a prediction. If your garage thing fails and you have to go back in the market and and you're like there you're it's that night, right? You're laying in bed and you're like, "Play the music." Like this is playing, right? You're thinking about this moment. All right, turn it off. And you're laying there and you're hearing the music and you go, >> "Man, [ __ ] Gary Vee." Right? If that's the moment you're in, right? >> Sure. >> Let me tell you what's going to happen the next day. You're going to get a job that pays you more than what you're getting paid now. Yep. Yep. It's just It's fear. You're 100% right. Damn it. I was afraid you were going to say all that.

Original Description

This video is about to change 78 people’s lives that watch it! So many of you are this wonderful young man … so many of you are this person! Too many people are missing the obvious and not realizing you can go right back to a job if your side hustle fails. People also fail to see if they go all in on the side hustle it does wayyyyyy better than they think because now you’re full time. ✅If you’re ready to jump 👣 leave a feet 👣 emoji in the chat — Thanks for watching! Join My Discord!: http://www.garyvee.com/discord Check out another series on my channel: Gary Vaynerchuk Keynote Speeches: http://www.garyvee.com/keynotespeeches Gary Vaynerchuk's thoughts on NFTs, Web3, cryptocurrencies and more: http://www.garyvee.com/web3nfts Life, Business, and Career Advice l Gary Vaynerchuk Original Films: http://www.garyvee.com/gvoriginals How to Make Money at Garage Sales l TrashTalk: http://www.garyvee.com/trashtalks Inside the Life of a $300M+ Company's CEO l DailyVee: http://www.garyvee.com/dailyvees — Gary Vaynerchuk is a serial entrepreneur and serves as the Chairman of VaynerX, the CEO of VaynerMedia, and the CEO and creator 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. 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 Ange
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GaryVee shares his perspective on entrepreneurship and risk-taking, using a real-life example of a garage cleanout business to illustrate the importance of common sense and not being held back by fear of failure or job security. He encourages viewers to take calculated risks and develop a marketing strategy to succeed in business. By following these principles, viewers can launch a side hustle, identify profitable business opportunities, and create a business plan.

Key Takeaways
  1. Identify a profitable business opportunity
  2. Develop a marketing strategy using Facebook local ads
  3. Take calculated risks and be willing to fail
  4. Create a business plan and revenue stream
  5. Mitigate risks and develop strategies for AI adoption
💡 Common sense and a willingness to take calculated risks are essential for success in entrepreneurship, and fear of failure or job security should not hold you back from pursuing profitable business opportunities.

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