Gary Vee Predicts Drive-In Movie Theaters Will Return as AI Dominates
"I'm actually contemplating starting a drive-in movie theater business. In 14 years when it's 2040, I think it's going to feel more like 2065. Which means building businesses that were built in 1965 is the opportunity. The big upside is in analog, sporting events, live concerts, running clubs, hiking, meditation resorts."
About this episode
Host Ed Mylett interviewed entrepreneur and content creator Gary Vaynerchuk in a wide-ranging conversation that revealed surprising dimensions of Vaynerchuk's business empire and personal philosophy. Vaynerchuk disclosed he actively runs or chairs six to seven businesses generating eight to nine figures in annual revenue, including VaynerMedia at $400 million, VeeFriends collectibles, VaynerSports, and a restaurant group, positioning himself as a hands-on operator rather than just a personal brand. He issued urgent warnings about AI advancement, stating entrepreneurs without agentic AI systems like OpenClaw running continuously are already falling behind the top one percent, and predicting AI will compress decades of progress into years. Vaynerchuk made a contrarian prediction that analog physical businesses from the 1960s like drive-in theaters will become massive opportunities as digital saturation peaks by 2040. The conversation took emotional turns as both men discussed their relationships with their parents, with Vaynerchuk attributing his entire success to his Soviet immigrant mother who praised kindness over achievement and instilled the belief that professional success matters far less than character. He revealed unusual sports psychology where he stopped caring about winning teams after championships, limiting himself to perpetually struggling franchises. Vaynerchuk emphasized the primacy of self-awareness over strategy, arguing most people waste their lives pretending to be someone they're not out of insecurity, and that content creators and entrepreneurs must build around what they genuinely know or love rather than chasing perceived opportunities. He stressed that happiness often exists at modest income levels when people live within their means rather than overleveraging for status.
Key takeaways
- Vaynerchuk revealed he actively runs six to seven businesses generating eight to nine figures annually, including VaynerMedia at $400 million in revenue, contradicting his public image as primarily a content creator.
- He warned that entrepreneurs without agentic AI systems like OpenClaw running continuously are already behind the top one percent, stating AI will be bigger than the internet, electricity, and automobile combined.
- Vaynerchuk predicted that by 2040, technology will feel like 2065, making analog physical businesses from the 1960s like drive-in theaters the biggest opportunities as digital saturation peaks.
- He attributed his entire success to his Soviet immigrant mother who praised kindness over achievement, stating professional success matters far less to him than being a good person.
- Vaynerchuk revealed he stopped caring about the Yankees and Rangers immediately after their championship wins, limiting himself to only rooting for struggling franchises like the Knicks and Jets for 30 years.
- He emphasized self-awareness as the foundation of all success, arguing most people waste their lives pretending to be someone else out of insecurity rather than building around genuine knowledge or passion.
- Vaynerchuk stated many people would be happier making $230,000 and living within their means than pushing to $1 million while overleveraging and compromising their values for status.