Gary Vaynerchuk's 5 Powerful Hacks to Starting out as an Entrepreneur

"Ideas are shit, Execution is the Game" - Gary Vee

Gary Vaynerchuk is one of my favorite internet marketers. Why Do I Like Him? I kind of resonate with a lot that he speaks about life and especially marketing.

Besides being a successful internet personality Gary Vee is also a successful businessman. He is the founder of many businesses and successful startups.

Today I shall try looking at some of his quotes and try sharing some of the insights we can derive from them.

As an Entrepreneur, we face a lot of ups and downs, moments of ecstasy and moments of discouragement. It is great to hear from people who share some of their experiences that helped them succeed, along the path we are treading.

Entrepreneurship more than a buzz word

As an Educator, it is not uncommon for me to hear and also meet students who have a deep interest in Entrepreneurship.

Entrepreneurship is something that is encouraged and thought of as a great way to develop societies and communities at large.

So whether it is Social or Profit oriented ventures, I am sure Gary has some insights that could help you.

Entrepreneurship and Life

'Work and Play' has become 'Work that is play', people want work that is more than just a routine. Some of us would like to monetize our hobbies or at least make our work a hobby.

We spend so much time honing a skill or mastering a job. Besides this, it eats into a lot of our time.

So Entrepreneurship or start-up culture can be a good route to achieving that ideal work, that incorporates work, business, and self-development. 

But there is no quick formula or path to achieve it ( At least that's what I am aware of )

Powerful Hack #1 Skills are cheap. Passion is Priceless

via GIPHY

Of course, the point is not that skills are not important. But to think it is a substitute for being passionate about what you do is a wrong idea. Passion and relevance to people can be monetarily beneficial.

So a successful Entrepreneur tries to combine his passion with what the market wants.

Just being passionate will not make you a successful entrepreneur, if what you are not creating products and services that are relevant to people.

Powerful Hack #2 Hoping + Dreaming will result in nothing. Executing against your skills is the road to success.

Courtesy: Pexels

So As an Entrepreneur, Action is very important, without it we must forget about succeeding or failing. Since to fail you need to first act.

So like our New Year's resolution, we must set a goal and work towards it every day. So if shaping up is your goal, joining a gym or dieting can be the first step. Not doing these activities properly is a different issue. Execution is always key. Similarly in Entrepreneurship, setting proper and well-defined goals is key.

To be honest, a lot of us can be guilty of this ( Lack of Execution). Hoping & dreaming things and having great ideas is something quite common. But if we do not pursue our Goals, it won't be a reality.

It is important to couple our Goals with Execution, it is quite essential for an Entrepreneur to do this to succeed. Execution coupled with constant constructive feedback can have a transforming impact. We must also see that our Goals aligned with our Company's Vision.

Powerful Hack #3 Fear kills Growth

Courtesy: Image by John Hain from Pixabay

You must have heard the acrostic F.E.A.R, False expectations appearing real or this one False expectation about risks? When it comes to entrepreneurship I believe both hold true.

Do, Entrepreneurs not get scared? I think it's far from that. It is important to move beyond  FEAR and allow it to push us towards action rather than stifling us.

Powerful Hack #4 The Best Marketing Strategy ever: Care.

 Finding your niche or developing your product begins by understanding your customer's needs

It can be quite a head spinner to think of what to produce or what business to get into. Finding that perfect niche can be difficult. I think the word 'CARE' ( As Gary suggests) can really help with that one too.

Whether it is finding your niche or developing your product, understanding your customer's needs can take you a long way towards making your product a success. A good marketing strategy will reflect exactly how your offering satisfies your customer's needs and also showing that you care can create quite an impact.

Powerful Hack #5 "Winning" is not defined by me or your parents or even the market...It's defined by you.

Allowing others to define what success means or looks like, is not so motivating. You define what success means to you nobody is there to stop you. 

Define your success and achieve it...Hear it from Gary Vee

What defines success for you? Courtesy: Gary Vee

In Conclusion

There are many quotes, videos, and Content by Gary Vee. It has helped understand people and customers better. I think most of us want to balance our work and personal lives, Some of these ideas are simple and impactful.

Do use them, Let me know in the comments section how they have impacted you.

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