When I hear people debate the ROI of social media? It makes me remember why so many business fail. Most businesses are not playing the marathon. They're playing the sprint. They're not worried about lifetime value and retention. They're worried about short-term goals. Gary Vaynerchuk businessdebatefail share on social
I think the acquisition of consumers might be on the verge of being mapped. The battlefield is going to be retention and lifetime value. Gary Vaynerchuk acquisitionbattlefieldconsumer Change image and share on social
Really, truly, try to figure out what your palate is all about. If you've determined that you don't like dirty old stinky wine - old-world flavors - you probably like new-world fruit bombs. Stick to Shirazes and California Cabernets or Zinfandels. Gary Vaynerchuk bombcabernetcalifornia share on social
You have to respect your parents. They are giving you an at-bat. If you're an entrepreneur and go into the family business, you want to grow fast. Patience is important. But respect the other party... My dad and I pulled it off because we really respect each other. Gary Vaynerchuk batbusinessdad share on social
The chef that grew up with the grandma who cooks tends to always beat the chef that went to the culinary institute. It's in the blood. Gary Vaynerchuk beatbloodchef Change image and share on social
Anyone working for a big company might be skeptical that a large business, or even a strictly online business, can form the same kind of friendly, loyal relationship with customers as a local retailer. I'm saying it's already been done because I lived it. Gary Vaynerchuk bigbusinesscompany share on social
If you talk about Cabernet and Merlot-based value between $10 and $25, I will tell you that Bordeaux is the best value in the world. Gary Vaynerchuk basebordeauxcabernet Change image and share on social
We're living in what I like to call the 'Thank You Economy,' because only the companies that can figure out how to mind their manners in a very old-fashioned way - and do it authentically - are going to have a prayer of competing. Gary Vaynerchuk authenticallycallcompany share on social
Many people who I respected were disappointed when I started 'Wine Library TV.' They thought I was dumbing down wine, but I always knew I was one of the biggest producers of new wine drinkers in the world, and people are realizing it now. Gary Vaynerchuk bigdisappointdrinker share on social
I would argue heavily that the time that has been allocated to social used to come from television, and people are benefitting from it. People who are saying, 'Aw, you're spending all your time on Facebook, or all your time on Twitter,' I'd like to understand what the person used to do with that time. Gary Vaynerchuk allocatearguebenefit share on social