Business Tips: #AskGaryVee Episode 183: The Future of the Music Industry, Crush It!, and Anchor as Podcasting App

Business Tips: #AskGaryVee Episode 183: The Future of the Music Industry, Crush It!, and Anchor as Podcasting App

Awesome Tip: #AskGaryVee Episode 183: The Future of the Music Industry, Crush It!, and Anchor as Podcasting App



#QOTD
When have you been affected by market conditions? Pro or con.

#TIMESTAMPS
2:58 – How do you check that you’re building Vaynermedia in a way that will thrive beyond your charisma as CEO? How do you build great successors?
5:32 – Will people use @anchor as an alternative podcasting platform?
8:42 – What happens when the book comes out? What is your marketing strategy moving forward?
12:20 – If you were writing ‘Crush It’ today, what would you change in it?
14:48 – If you were in charge of the music industry, where would you take it?

#LINKS
THE TWITTER ARTICLE
SUPER 8 LIVE STREAM EVENT
PRE-ORDER THE BOOK


Gary Vaynerchuk builds businesses. Fresh out of college he took his family wine business and grew it from a $3M to a $60M business in just five years. Now he runs VaynerMedia, one of the world’s hottest digital agencies. Along the way he became a prolific angel investor and venture capitalist, investing in companies like Facebook, Twitter, Tumblr, Uber, and Birchbox before eventually co-founding VaynerRSE, a $25M angel fund.

The #AskGaryVee Show is Gary’s way of providing as much value value as possible by taking your questions about social media, entrepreneurship, startups, and family businesses and giving you his answers based on a lifetime of building successful, multi-million dollar companies.

Gary is also a prolific public speaker, delivering keynotes at events like Le Web, and SXSW, which you can watch right here on this channel.

Find Gary here:

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25 Replies to “Business Tips: #AskGaryVee Episode 183: The Future of the Music Industry, Crush It!, and Anchor as Podcasting App”

  1. I'm sorry lm one of your fans but. The music argument/advice/suggestions that you offer has not real value for sessions musicians /music creators/song writers /composers ect . It's not as simple as you think it's Gary. I'm sorry but you obviously don't know really what you are talking about mi brother . I love you man but I m sorry you are completely lost in this one. The problem it's so gigantic and complex that you are lost in the debate like 99 percent of every body else in the planet.

  2. Id read that article, love what you said. Welcome to the new age of music. You'll hear the name IndeBeats soon and when you do I look forward to meeting you. We're gonna watch labels bleed out when artists are producing music on their smartphones and are selling out shows on their own.

  3. Qotd – I once bought some gold during the recession of 2008 and watched it quadruple in price…
    market conditions were difficult in retail but I was happy for this upside…

  4. Love this episode have only just started watching but the music industry just watched themselves spiral into almost nothing and now the movie industry is watching the exact same spiral. That is disruption your business either changes to match the market or the market finds you obsolete.

  5. "To not be happy with getting 1.200 for a million plays, when you made the deal with the streaming service is crazy"
    – Gary Vee, worst fkn quote ever, came from a man i admire. Thats hard for me to process.

  6. I think i like Gary, but the thing about the music streaming problems…
    I have my music on Spotify. I know very well that i have to work harder to make money in the industry, and that i have to do the best out of it.
    But.. If 1000 people listens to my music.. I make 2 dollars.
    if you get 1 million plays, like the biggest artists in the game gets plus minus, you get around 1.500 dollars. FOR 1 MILLION PLAYS!!! Think about the artist who is having 10.000 unique fans, and gets 10.000 plays on their songs, they don't make shiiiit.
    The business is in shitty shape, and you would be on our side if you were a musician who didn't do business.

  7. I was affected when my dear, 8 years younger friend kept "texting" me, forcing me to buy a plan instead of eating me alive at .10 per text. That was 2005. My phone bill is a third of what it used to be. The Market Wins! So the music industry should just do what I did and find a solution that keeps everyone "connected" AND stops the bleeding. Oh, I don't know, something like music campuses where kids can take classes from actual EDM stars, songwriting with Bieber, or live streaming classes American Idol style and let the public grade final exams. No matter what, the industry will have to learn how to give.

  8. these have been great shows, loved the new book, and looking forward to crushed it now!

    The market is everything, I am a glassblower and am experiencing 2 opposing market conditions at the same time currently. 1 Importing glass pipes has seen a tremendous growth in the last 5-10 years, creating a lower end product that is more affordable to the end consumer and larger margins for retail stores. About 2 months ago I had my first product directly replicated by an overseas manufacturer. 2 The other affect that is occurring is legalization all over the country creating a larger more accessible customer base. Also with this being a trendy 'American Revolution' type of occurrence there is still a value to American Made products.

    These effects are driving me to look at new ways to generate income, I have started a school and am renting out bench spaces in my studio, as well as distributing glass. The market has shifted and I have had to adapt.

    Thanks Gary for all of the content, for being a great resource and honestly a friend to listen to while I'm working rather then music.

  9. Just heard you on school of greatness podcast, your great, and thanks for what you do. My wife and I just started our fist business and the knowledge you share is gold! Mahalo nui (thanks a lot)

  10. I really mesh with your spiel Gary, I too come from an entrepreneurial pedigree when you just had to make things work! All of my technical skills were gained from needing to get things working, not because it was trendy, mixed OS, apps, crappy hardware-very different to today's scenario

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