28 May GARY VAYNERCHUK BUILDS BUSINESSES
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 the late 90s, after identifying “the internet” as a land-grab opportunity, Gary transitioned his father’s local liquor store into one of the first wine e-commerce platforms resulting in growing the family business from $3-60MM in sales during a 5-year period.
During his time in the family business, Vaynerchuk also started one of the first long-form episodic video shows on YouTube in 2006 called WineLibraryTV, filming 1,000 episodes over a 5-year window. Gary’s wine knowledge, charisma, and uncanny ability to engage with his community landed him appearances on national television with Ellen Degeneres and Conan O’Brien, as well as establishing him as one of the most followed people on social media during its nascent years.
Not only did Gary leverage content creation and the rise of social media for his personal brand, but it was the seed which would become the pillar to his now 9-year old advertising agency VaynerMedia, servicing brands with an ever-expanding variety of offerings.
Outside of being the Chairman and CEO of his own companies, 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 50 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 Will.i.am on
In addition to VaynerMedia, VaynerX also houses The Gallery, a new publishing company started after acquiring leading women’s lifestyle property PureWow in January 2017. In addition to running VaynerMedia, Gary also serves as a partner in the athlete representation agency VaynerSports and restaurant reservations app Resy.
Gary Vaynerchuk was born in Babruysk, Belarus, in the former USSR. His parents were fortunate enough to find their way to America as part of an exchange program where Soviet Jews were allowed to immigrate to the US in exchange for food aid. While the entire extended family shared a studio apartment in Queens, Gary’s father Sasha began working at a relative’s liquor store in New Jersey and eventually moved the family to Edison, NJ.
As a young child, Gary began his entrepreneurial career by ripping flowers out of his neighbors’ yards and using his natural charm to sell them right back (a profit margin he has still yet to equal). Soon he had upgraded to operating an entire lemonade stand franchise, managing multiple locations and commuting via big-wheel to collect his profits.
In his early teens, Gary cornered the local market for baseball cards, often making thousands in a weekend with his keen eye for deals, and his razor-sharp sales-tactics. All of this came to a halt when, at the age of 14, Gary’s father literally dragged him into the family business. In the blink of an eye he went from making thousands of dollars in a weekend to making $2 an hour bagging ice in the basement of Shoppers Discount Liquors, which his father had taken full ownership of by that point.