Business Tips: Why Big Businesses Are Failing | A Gary Vaynerchuk Original

Business Tips: Why Big Businesses Are Failing | A Gary Vaynerchuk Original

Awesome Tip: Why Big Businesses Are Failing | A Gary Vaynerchuk Original

Some of the world’s biggest companies are going to go under over the next 5 to 10 years because of how much money they’re wasting on advertisements that aren’t being seen by anyone. If you don’t innovate, the market will eat you alive.

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Gary Vaynerchuk is the chairman of VaynerX, a modern-day media and communications holding company and the active CEO of VaynerMedia, a full-service advertising agency servicing Fortune 100 clients across the company’s 4 locations.

In addition to VaynerMedia, VaynerX also includes Gallery Media Group, which houses women’s lifestyle brand PureWow and men’s lifestyle brand ONE37pm. In addition to running VaynerMedia, Gary also serves as a partner in the athlete representation agency VaynerSports, cannabis-focused branding and marketing agency Green Street and restaurant reservations app Resy.

Gary is a board/advisory member of Ad Council and Pencils of Promise, and is a longtime Well Member of Charity:Water.

Gary is a highly sought after public speaker, a 5-time New York Times bestselling author, as well as a prolific angel investor with early investments in companies such as Facebook, Twitter, Tumblr, Venmo, and Uber.

Gary is currently the subject of DailyVee, an online documentary series highlighting what it’s like to be a CEO and public figure in today’s digital world, as well the host of The GaryVee Audio Experience, a top 100 global podcast, and host of #AskGaryVee, a business and advice Q&A show which can be found on both YouTube and Facebook.

Gary also appeared as judge in Apple’s first original series “Planet of the Apps” alongside Gwyneth Paltrow, Jessica Alba and

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42 Replies to “Business Tips: Why Big Businesses Are Failing | A Gary Vaynerchuk Original”

  1. big businesses are getting replaced by even bigger businesses. Big retail chains like Toys R Us and Barnes N Noble (who put out little mom and pop retail stores) are getting put out by an even bigger retail company–Amazon. Corporate consolidation baby. The internet is mostly controlled by a handful of massive tech companies–Alphabet (google) and Facebook (owner of instagram) plus a few smaller ones (Twiter, Snapchat). Income inequality has been on the rise for decades and will continue thanks to the dawn of big corporations.

  2. Hello Gary,

    I'm 20 years old and studying in college.

    I want to start a small business in Kuala Lumpur, Malaysia.

    Since I'm living in a condo and blown my condo there's convenient store and other restaurants. I want to help ppl buy things and delivery it to their house. Each purchase I'll get 6% of the total amount if the total amount of the purchase is ($100) I'll get $6 for helping them to buy the things.

    May I know is this doable? Any advice for me on how to do it better?

    Thank you so much for helping me.

  3. The fist requirement is a competitive product. If u plan to market jelly beans from the 7/11 that closed down, than your "dominating presence" on Facebook and Instagram is of no consequence. Get a product that convinces the audience that it is different and a vendor who is well prepared to play ball with Amazon private label brands that are sitting ready to ape product and flood the market with it, courtesy Jeff Bezos. As a child he rigged an electric alarm to keep his younger siblings out of his room and has grown up to "keep people out". Small businesses will either function via Amazon, be bought out, or forced out of the market. Amazon's ad revenue increased by 130% this year.

  4. This is all 100% true but as an 80's/90's kid I miss Blockbuster and Toys R Us. That was my childhood right there. It's kind of tragic that those brick and mortar stores are being replaced by generic internet stores that have none of that charm or atmosphere but then again in this day and age it's foolish to live in the past because you will get trampled on by companies who understand the marketing/ad/sales potential of the internet. But it is sad though. Like I feel actually sorry for kids that they don't have a Toys R Us to go to anymore and their only experience with toys is buying shit from Amazon.

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