Published Mar 29, 2022

Building a Business With Sizzle AND Steak | Sit-Down with Fanatics' Michael Rubin

Gary Vaynerchuk and Michael Rubin delve into the entrepreneurial mindset vital for success, explore how blockchain is revolutionizing the sports industry through innovative fan engagement, and discuss strategies for navigating the evolving NFT market for long-term value creation.
Episode Highlights
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Episode Highlights

  • Mindset

    Gary Vaynerchuk and Michael Rubin explore the mindset and motivation that drive their entrepreneurial journeys. Gary emphasizes the importance of having a bold vision and the relentless drive to achieve it, despite naysayers. He believes in setting ambitious goals and finding ways to make them happen, stating, "I think come up with a really big dream, come up with a really big aspiration, put a safe in the ground, just like, figure out how you're gonna do it" 1. Michael admires Gary's ability to motivate millions and highlights the authenticity in his approach, which resonates with a vast audience 2.

       

    Lessons

    The conversation shifts to lessons learned from various ventures, with Gary and Michael reflecting on their experiences as serial entrepreneurs. Gary attributes success to talent and self-awareness, noting that many fail by trying to replicate past successes without adapting to change. He shares, "I care about, like, winning, competing... the money does always follow, but I don't care about it all. I just care about, like, maximizing every minute, every day" 3. Michael, meanwhile, underscores the importance of focusing on core objectives and avoiding distractions, especially in sports ownership, where he believes great owners can significantly enhance the fan experience 4.

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