#209 with Gary Vaynerchuk - Why NFTS Are the Future

**Sam Parr** (0:00)
All right, there's this amazing book called Getting Everything You Can Out Of All You've Got. I read it a few years ago and it changed my life.
And the reason I loved it was because it basically talks about how to get and make more money using things that you already have.
Coincidentally, today's podcast is brought to you by Business Made Simple. It's a podcast by Donald Miller, who I'm gonna tell you about in a second, but he has this amazing episode that's all related to this book and the things that I learned in this book. It's called How To Make Money With What You Already Have. It's an incredible episode. It talks about all the stuff that I learned in this book. The host is Donald Miller. I didn't know who Donald Miller was up until recently, but over the last 12 months, this is totally by coincidence. It was all separate people. They said, you have to check out Donald Miller. He's amazing. So I'm happy that he's part of HubSpot's podcast network. You can check it out, Business Made Simple Podcast. It's where he coaches you on how to build your business like an airplane, where the cockpit is your leadership, the body is your overhead, the right engine is your marketing, the left engine is your sales.
You have to check it out. This guy's amazing. It's called, Business Made Simple with Donald Miller.

**Gary Vaynerchuk** (1:02)
What's super awesome is like when you're putting the wins on the board, nobody even gives, nobody wants to touch it. They're like, keep going, keep going. Nobody wants to talk to me.

**Sam Parr** (1:23)
That was intense, 45 minutes.

**Shaan Puri** (1:25)
Dude, sometimes you have high hopes for a guest. And on this podcast, I've been disappointed.
Today was not that day, my friend. I loved that. I had a great time, honestly.

**Sam Parr** (1:36)
We didn't even get to a... We got to like 20% of the stuff I wanted to ask him about. So we had Gary Vaynerchuk on the pod today.
It was phenomenal. Whenever I leave... So I've hung out with Gary maybe three or four times, maybe three times. Whenever I leave his presence, I do feel better. And a lot of people, and I'll admit, I was one of those people years ago, I would be like, oh, this guy's just some loud guy who's selling nonsense. He's totally the real deal. And I went to... We talked about it, but I went to a dinner with him one time and he talked the entire time.
And most people would be like, dude, what the hell, that was so rude. And when I left, I was like, I just want to continue listening to him. I want him to continue telling stories. I love his point of view.
That guy is intense. I love it.

**Shaan Puri** (2:23)
He does what we try to do.
He's been doing it for a long time, which is business entertainment.
It's the entertainment side of business, where he'll go to a garage, he'll make content that's like, going to a garage sale, buying things for a quarter and flipping them for $28 on eBay and how that stacks up and how you can go from $42 to $14,000 in a year if you just did this. And obviously he doesn't need to do that anymore. He's got this agency with hundreds of employees.
He's got a bunch of stuff going on as far as his own business goes.
But I like that he's been able to do what I think the world needs more of. It needs more business entertainment because why did I grow up wanting to be a basketball player? Because the NBA was so goddamn entertaining, right? And so when you have entertainment, that creates inspiration and aspiration. So it ends up creating more founders in the world.

**Sam Parr** (3:18)
Yeah, he was amazing, man. And whenever I talk about whenever I'm off with it, whenever I'm with him off the air, by the way, he's exactly the same. So there's not, there's no show here. So all right, we started off, we got right into it. In the first 30 seconds, I asked him, so I had been tracking this for a long time. When I was managing my business, I was trying to manage cashflow and I was trying to understand how hard to push it. And I made a document from Gary Vaynerchuk about VaynerMedia, they grew to 1200 employees. I tracked the revenue, revenue per head over hundreds of interviews. I basically found where he set a clip like, oh, we have this many employees.
And I asked him about it. So I asked him how he managed cashflow. Then we got into a really interesting discussion about NFTs. NFTs, a lot of people talk about them. I'm not like an NFT guy, Shaan, you are. This was the one time I've ever had a conversation where it interested me beyond just like academic.