Gary Vaynerchuk popularly known as Garyvee is a Belarusian-American entrepreneur, author, speaker, and Internet personality. First known as a wine critic who expanded his family’s wine business, Vaynerchuk is best known for his work in digital marketing and social media as the chairman of New York-based communications company, VaynerX, and as CEO of VaynerX subsidiary, VaynerMedia.
Vaynerchuk was born in Babruysk on November 14, 1975 in the Soviet Union , and immigrated to the United States in 1978 at the age of three. Vaynerchuk lived in a studio apartment in Queens, New York, with eight other family members. After living in Queens, Vaynerchuk and his family moved to Edison, New Jersey where Vaynerchuk operated a lemonade stand and earned thousands of dollars on weekends trading baseball cards. At age 14, he joined his family’s retail-wine business. After his family moved, he graduated from North Hunterdon High School. Vaynerchuk graduated with a bachelor’s degree from Mount Ida College in Newton, Massachusetts in 1998.
Vaynerchuk’s career spans startups, retail, marketing, and investing. He co-founded restaurant-reservation app, Resy, which was acquired by American Express.
After graduating from college in 1998, Vaynerchuk assumed day-to-day control of his father’s Springfield, New Jersey store, Shopper’s Discount Liquors. Gary renamed the store to Wine Library, launched sales online and in 2006 started Wine Library TV, a daily webcast covering wine.
Through e-commerce and pricing strategies, Vaynerchuk grew the business from $3 million a year to $60 million a year by 2003. In August 2011, Vaynerchuk said he would step away from the wine business to build VaynerMedia, a digital ad agency he co-founded with his brother in 2009.
Vaynerchuk is the chairman of VaynerX, a communications company that holds media properties, technology companies, and a social-media agency.
In 2009, Gary, along with his brother AJ Vaynerchuk, founded VaynerMedia, a social media–focused digital agency.With 600 employees in 2016, VaynerMedia grossed $100 million in revenue. The company also partnered with Vimeo to connect brands and filmmakers for digital content.
Gallery Media Group
In 2017, The Wall Street Journal reported that Vaynerchuk formed The Gallery, later named Gallery Media Group, a VaynerX subsidiary company that houses PureWow, following its acquisition by Vaynerchuk and RSE Ventures, male-oriented news outlet ONE37pm.com, and other media properties.
Gary Vaynerchuk Quotes
“You have to understand your own personal DNA. Don’t do things because I do them or Steve Jobs or Mark Cuban tried it. You need to know your personal brand and stay true to it.”
“Your legacy is being written by yourself. Make the right decisions.”
“We only get to play this game one time. We have one life.”
“People are chasing cash, not happiness. When you chase money, you’re going to lose. You’re just going to. Even if you get the money, you’re not going to be happy.”
“When it comes down to it, nothing trumps execution.”
“I’m the happiest because I’m doing exactly what I want to do”
“No matter what you do, your job is to tell your story.”
“We are in control of the one asset that we all give the most f*cks about, and that is time.”
“Time – the one asset none of us are ever going to get more of.”
“You are not patient enough. Your lack of patience is killing you and your need of things is killing you.”
“Effort is grossly underrated.”
“It’s easy to dream about it, but much harder to execute it”
“I don’t think my ideas are worth sh*t until they’re executed”
“Without hustle, your talent will only get you so far”
“I’m just always looking forward. I spend very little time, looking backward”
“Love your family, work super hard, live your passion.”
“There no longer has to be a difference between who you are and what you do.”
Vaynerchuk from failing in high school to getting labeled as “Internet persona,” earning public speaking opportunities and a large social media following but also criticism that buckets him with hacks on social media. In 2015 Vaynerchuk was named to Crain’s New York Business 40 Under 40.In 2017 according to Forbes, Vaynerchuk topped the list of most-authoritative opinion leaders in social networks in the world. In November 2019, Vaynerchuk appeared on Jimmy Fallon’s “Tonight Show” to coach the host on wine drinking tips.