Story
Gary's dad ran Wine Library with no line of credit
Gary describes how his father's immigrant 'pay with what you have' philosophy meant Wine Library scaled with no line of credit, which trained Gary to always play within his cash position even as VaynerMedia exploded.
“It was, my dad ran his fucking business with no line of credit, which I love, right? It's old school immigrant, you know, pay with what you have. But it trained me because that business even crazier. That business went from $4 million to fucking $25 in like 30 months, like so fast. And inventory and payroll, like, but I got so trained in playing within myself.”
Steal thisGrow only on cash you've actually collected, not on credit you hope to cover later.
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