Gary Vee's Advice on How to GET More MONEY! | #MentorMeGary

Gary Vaynerchuk outlines four rules for making money: flip garage-sale items for $50-100k yearly, treat digital presence as essential oxygen for business, build side hustles in evening hours, and produce consistent content. He then demonstrates buying toys and collectibles at a garage sale to resell for $200-600 profit per weekend.
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The far majority of this audience could make between $50,000 to $100,000 a year just on doing that for 9 to 10 hours a day. Digital is oxygen. It's, it's, it's— the real world feels secondary. If you are not living through here, you are not known.
Wanna soar? Get a mentor. So today, let's learn from one of the best, Gary Vaynerchuk, on how to make more money. Mentor me, Gary.
Okay, let's kick it off with rule number 1: flip stuff. Do you understand how crazy it is that if you went to the clearance aisles of your 5 biggest retailers in Australia, bought things on clearance, went home, relisted it, and posted on eBay that the far majority of this audience could make between $50,000 to $100,000 a year just on doing that for 9 to 10 hours a day. Meanwhile, everybody's sitting here with the next big app that's gonna be the next fucking Uber for lawn mowers. The thing that has made me successful far more than my passion or my energy is my disproportionate practicality. Most people want to look the part of an entrepreneur that came up with the next Supreme or Adidas brand, or the next Uber or Facebook, yet are $40,000 in debt, working a job that they hate, and literally, if they went to the 5 discount stores that dominate this market, buy things on clearance, go home, take a picture with their fucking phone, and upload to eBay, and then when people buy it, go to the post office and ship it, they would be able to get out of debt and get into a financial place. But people don't want to do that because they don't want to be judged for that being their hustle. Most people in this room, in this world, would rather lose looking like they're doing something successful than win and be judged for doing something that seems dorky. Rule number 2: Go all in on social. In 1996, my dad had a liquor store in New Jersey. That's as traditional as you get. That was 22 years ago, and and I put my dad's store online and I did email marketing and I did Google and I did content and then a couple months after YouTube came out, I started a YouTube show in 2006, which is now 12 years ago. I have no respect or, normally I deploy a lot of empathy, I struggle deploying empathy, I struggle deploying compassion. If you are a business operator, in 2018, heading, by the time we're recording this in October, 2019, which is when the majority of people are gonna listen to this, and your excuse is, well, I'm a pub, or I make tomato juice, or I have 3 restaurants, digital is oxygen. The real world feels secondary. Like, to not be a communicator, content producer, part of the conversation, It's now, it's gone from cute and naive to grossly negligent. And I just think it's unacceptable to be a business in 2019 in the same way that it would be to pay people not minimum wage. Like, I literally believe it's grossly unacceptable. Like, to me, it's like, to quantify digital versus traditional, just marketing, like really? You think sending direct mail print is a better thing to do than advertising on Instagram as a restaurant? Like, really? Like, really sit down with me. You're telling me right now that it's a better deal to spend all that money making a flyer and sending it direct mail, or running a radio ad, or buying a small little ad in a newspaper. Like, this is what you're telling me. It is 2019. I felt bad in 2002. It was early. The internet was new. I had compassion. It was cute. In 2007, it was like, mm. It was kind of like, hey, annoying, kind of like, mm, but still kind of. In 2012, it was like, you're not smart. Mean like you deserve to die.
Also, if you want to learn to have confidence like GaryVee and other successful entrepreneurs, check out my 254 series. It's free and the link is in the description below.
The reason people don't put themselves in a position to fail, the reason people aren't patient, is they value other people's opinions too much. Rule number 3: Maximize your productivity. If you've got debt or have to put a roof over your head or somebody else, Then you work whatever job is paying you that. But I'm asking you what are you doing from 6 PM to midnight? And if you have to go build slowly your portfolio, your Shopify store, your Instagram account, your YouTube channel, your content, like, wouldn't you be pumped if I told you for the next 4 years it's tough and you don't watch as much Netflix and sports and hanging out, but then you get to live happy for the rest of your life? In theory would sign up for that. The reality is a lot of people don't want to grind for 4 years. Like, people don't like pain. It's why most people don't have six-packs. I mean that. I mean that. There's a lot of people here who want to be in better shape. You just don't want to work out. You just don't want to eat well. Rule number 4: produce digital content. Please understand my biggest truth here today, which is if you are not sharing your thoughts, your process, your journey, your progress to achieving your goals, the stories you want to tell about your startup, product, service. If you are not communicating to the world, and if you're not thinking about what's valuable to them, not what's valuable to you when you communicate, and that is a very big point, I'll say it one more time. If you are not communicating to the world And when you're communicating, if you're not thinking about what's valuable to them versus what you're putting out for yourself, you are basically irrelevant in a 2019 world. As much as it may be difficult for many in this room, if you are not living through here, you are not known. This is the game. If you are underestimating this, And when I say underestimating this, if you have not made a significant commitment to producing content for the one of 7 apps or websites that 80% of this entire region spends a disproportionate amount of time penetrating and listening and consuming, you are becoming vastly, vastly irrelevant.
Now I've got a special bonus clip on doing garage sailing that I think you're really going to enjoy. But before that, it's time for the 3-point landing questions. Let's go from just watching a video to taking action. Here we go. Question number 1: What can you flip this weekend in your home? Number 2: How can you go all in on social? And number 3: Where do you need to maximize your productivity?
The thing about garage sales that really turns me on is the thrill of the hunt because it's the place where you can really score a huge box of toys for $3 worth $300. How much cash do you normally carry on you? Uh, nearly $400. I don't need that much. $15, $30, like, I don't know, usually, usually truly you only need about $100. This could be decent. It looks a little too new, but we're about to fucking strike. There's striking to be done here. How much are the stuffed animals? 50 cents. Good. Button bomb, maybe. Now he's got color. Winnie the Pooh kind of got color. How much is this? Um, those cups are nowhere to be found, by the way. All right, stuffed animals continue to be my score. 50 cents a pop. Dumbo, Disney Store, snuffle up, I guess. Bang! Olaf. What? And this one's gonna be a beast. The FAO Schwarz, FAO Schwarz giraffe. So we just looked it up, the Jeffrey giraffe Toys R Us FAO shorts combo, $30. Paid $0.50. I don't know what else to say. After eBay fees, it's just like a quick $20. Just a lot of people not making $20 an hour. And that's just one of the things. Wait till I look up the Snuffleupagus. Thank you so much. You got it, man. This is pretty exciting to me. Vintage Lego thing, never opened. About 2003. Jesus, I'm getting old. But still 15 years old. I'm excited to— Open this up. This was a huge score. I already looked it up. Paid $3. They wanted $5. Paid $3 for these Spider-Man skates in package, never opened as well, or opened. Um, pretty excited about it. I think it's going around the corner, but I don't know how much I lost. Oh, don't worry. That's so awesome. I heard— all right, let's go. Yeah, she goes, at least go around the corner, don't kill me. So good, so good. Lego 4098, $25. Give it to me, Lily. All right, paid $2 for this. All right, cool. So some Macy's snow globes in there, and they are better than I think I thought. You gonna go back and buy it? Yep. Do 10 if I bought 3? Yeah. Okay, you have a bag? I do have a bag. Awesome. This is exciting. We just bought 3 snow globes for 10 bucks, and I'm fired up. I'm fired up, my guy. I'm fired up. All right, how do you feel? Feel really good now. Starting to get hot. Getting some stuff now. Well, over the $200 range, maybe a little bit more even. Feel much better. $200, a lot. A whole lot when you need it. I like— it's probably more. We'll see. What? It says 2. Would you take a dollar for this? Sure. Thanks. All right, picked up this scary bear for a dollar called For Real from Tiger, 2004. Let's see what it's worth. $20 all day. Big All day, $20. You're shot, dude. Who, me? 'Cause I get more excited about this than like— Than anything. Look at an angle. Oh, all right, good, brother. Just picked up 2 jerseys for $2 apiece. Kevin Durant, Seattle Supersonics jersey, pretty rare, $2. Garnett, really nice one actually, stitched Celtics, $2 each. We'll say $64 for the 2 jerseys. Durant. I mean, pay $2, pay $2. You saw my— there was a little bit of like shitty stains on it. I can clean that off. Just crazy. If I was really doing this, I'd make, I'd make $1,000 a week easy. And if you like, on just Saturday, just working Saturday. So I mean, I genuinely think good whale, eBay, buying bulk on eBay, selling on Amazon. I just think this is the $100,000 a year thing for so many people making $30,000 to $60,000 a year. I feel phenomenal. This is the big final score. This is about $100 minimum. And now I know about Cherished Teddies. Now I'm a Cherished Teddies player. And every time you become more of a player of a new thing, look, this is very simple. Spent $40, $50, $20, $40 bucks, $50 bucks, easily now into the $500 or $600 range of resale. I just wish so many of you would do this. 4, 5, 600 bucks every weekend. It's now 11:47, so we're 4 hours in. Little gas money, I get it, but like, net-net, 2, 3, 400 bucks every weekend. And if you don't wanna be like tedious, 'cause now you gotta post and all this, cool, just throw up this. Huge collection of cherished teddies, $80, boom, quick little, you know, $60 here. Shit adds up. When you got groceries, when you got bills, when you got college loans, when you got rent, people sitting around dwelling. 85, 90% of this country working minimum wages, low incomes, it just matters. Teaching people how to fish. Flip Life, it's real.
If you want more GaryVee, check out the top 50 rules video I made on him. The link is right there next to me. I think you'll enjoy it. Continue to believe, and I'll see you there.
My ability to only be comfortable in massive chaos has been my biggest asset as an entrepreneur. I would never take a flight Note.
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