Why Live Shopping and Collectibles are the #1 Opportunity in 2026

7 Aug 2026 · 43 min · 16 chapters

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In short

Live shopping and collectibles (TCG and non-sport) as the biggest 2026 opportunity; how IP origins affect collectible value; and responsibility/accountability for influencers and buyers in a volatile market.

Guests (backgrounds)

  • Gary Vaynerchuk (media entrepreneur; VaynerMedia; VFriends brand; long-term collectibles investor; focuses on animation/film and comic books for VFriends).
  • Logan (Pokemon and collectibles investor/collector; influenced by Gary since ~2020; involved in TCG buying; discusses vintage wrestling and fictional character cards).
  • Tyler Schmidt (Logan’s former admin who helped Logan’s first Pokemon buy; mentioned in passing).

Key claims

  • Live shopping is “commerce-tainment” that builds community and improves discovery.
  • IP “day one” origins (book/game/film/NFT) matter for long-term collectability.
  • Influencers should emphasize personal responsibility; buyers must not spend money they can’t afford to lose.
  • Collectors and flippers both matter; hobby gatekeeping is harmful.

Notable examples

  • Pokemon tattoo; Gary’s call steering Logan toward Pokemon cards.
  • VFriends comic books as the core IP strategy; Topps Chrome distribution via a Topps deal.
  • Vintage fictional targets: 1935 Mickey Mouse gum ink rookie; 1940 Superman gum ink; 1966 Donruss/Spider-Man/Thor/Captain America/Hulk; 82 Topps? (wrestling) and 1935/1940 specifically.
  • WWE/vintage wrestling card collecting (Andre the Giant rookie; Hulk/Hogan/Flair/Iron Sheik rookies).
  • $1 boxes at a show; advice for kids to buy small, learn, and avoid desensitization to money.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

Chapters

Tap a time to open that second in VO

Personal Influence and Early Days

0:30 to 2:00

Discussion about the personal influences in collectibles and TCG.

“We're also going to talk some non-sporting there as well because inevitably TCG and not-sporting can't even be very close.”

Transition to Collectibles

2:00 to 5:00

Exploration of the shift towards sports cards and collectibles in broader markets.

“I was like, man, I'm not super into sports.”

Building V Friends and TCG Insights

5:00 to 8:00

Gary discusses his focus on V Friends and future plans for TCG.

“I would argue the most important thing I'm doing with VFriends right now is the comic books.”

Importance of IP Origins in Collectibles

8:00 to 11:00

Analyzing how the origin of IP affects its collectability.

“I'm gonna just break this down because you might find it interesting.”

Collectibles in Sports and Entertainment

11:00 to 13:00

Discussion on the intersection of collectibles with sports and entertainment.

“I have Wayne Gretzky's final championship game, Hockey Stick.”

Logan's Deep Dive into Collectibles

13:20 to 14:01

Logan shares his experiences and investments in collectibles.

“It's home, yeah, it's sports entertainment.”

The Thrill of Physical Collectibles

14:01 to 14:52

Explore the excitement and risks involved in the collectible space.

“I mean, the physicality of it all is just insane.”

Influencers and Responsibility in Collectibles

14:53 to 16:48

Discuss the responsibility of influencers in the collectibles market.

“You are obviously deeply into the collectible community.”

Market Discipline and Personal Accountability

16:49 to 19:12

Learn how discipline and personal responsibility are evolving in the collectibles market.

“The collective has gotten smarter, which is great.”

The Ecosystem of Collecting

19:13 to 24:26

Understand the diverse roles in the collectibles ecosystem and the importance of community.

“They're only upset if it goes to the market.”
Show all 16 chapters

Personal Stories and Favorite Collectibles

24:27 to 28:00

Hear personal stories about favorite collectibles and their significance.

“I don't want to hurt the sports face but some would say this could be a sports conviction but it is, I'm very passionate about the non-sport world as well.”

Personal Connection to Collectibles

28:00 to 30:00

Gary shares a personal story about his early collectible purchases and their significance.

“just in case I needed to do a business deal.”

The Evolution of Live Shopping

30:32 to 35:04

Gary discusses the impact of live shopping on consumer connections and community building.

“The next thing is I'm going to take Gary because I have paid a million people for the past nine months.”

Lessons for Young Collectors

35:05 to 42:00

Gary provides advice to young collectors on smart buying and learning valuable skills.

“I mean, there's some people spending way too much money on these platforms and that's still back to discipline and accountability.”

Concerns About Kids and Money

42:00 to 43:16

Gary discusses the desensitization of young people to money and the importance of emotional resilience.

“The level of economic, and that is a concern of mine.”

Closing Remarks and Previous Episodes

43:16 to 43:40

Gary wraps up the discussion and encourages listeners to check past episodes.

“Guys, I can't make it up for spending your time especially the additional time that you were actually spending here.”
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Transcript

Automatic transcript. May contain errors.

0:00This is the Gary Vee Audio Experience.

0:30TCG, stay and get into TCG. We're also going to talk some non-sporting there as well because inevitably TCG and not-sporting can't even be very close. So, I'm going to start with a question. I got this one. Make them work directly for the world at first. So, look at me, when you first jumped heavily in the Pokemon Act 2020, you basically were very probably about the area of influence into pushing there. What is it that, I mean, how much would you say followed from that original conversation?

1:07The amount of impact that that dude right there has had on my life is like borderline in Calgary. He has influenced me in so many positive ways. Like, fun fact about Gary and I, we go back, I think 13 years at this point, my first trip to New York ever was to go sign with Gary Vee and his media company. But I was just a pioneer. And he's always believed in me from day one. And he'll give me little hints and tidbits on his wisdom. He's a true Jedi, a true Yoda of his face. So when this man speaks, I listen. Gary called me up one day. He said, man, you really got to start looking at new sports cards.

1:54Sports cards. They're going to pop off, electrical market, all this. All this to talk. I was like, man, I'm not super into sports. I love Pokemon. I have a Pokemon tattoo. I grew up watching Pokemon, playing Pokemon. He said, Pokemon is huge too. Look at Pokemon. And the impetus of just that sentence changed the course of my life. So I thank you for the Gary. Thank you again, man. Because it is such an important part of my life. I love you. It's actually crazy watching Logan talk because over Logan's shoulder is Tyler Schmidt, who was my admin at the time and literally helped Logan make his first Pokemon buy.

2:40Yes. Yes. Insane, insane. I have a$3 ,000 shot. All right, so the question follows. now that you are influenced or six years later you have made quite a bit of yourself at this point curious what would you say as far as the last political purchase or sale that the two of you actually assessed is that are you more influencing here at now or Gary you saw a little from there do you think there's any correlation now yeah yeah you did a lot I mean Rob you sent me on a path that I cannot get off even when I tried here I try to stop bonding. I can do something there. I can assist him. Right now, I think for both of us, we're so busy.

3:26And, you know, it just ebbs and flows when you have a real relationship. It's always there. There's also not been anything that is like so off the charts. To your point, first of all, he knows Pokemon. And he did that day better overall than I knew anyway. And that's been his main focus. Probably the last significant collectible combo we had was more about the platform he's building. It was more business stuff. So it hasn't been specific to like, hey, this thing's going on or this collectible. It's been more macro business genre than anything specific. So being that you bought a$5 million book sold for$16 million just recently, it's obvious that you are deep into the TCG community.

4:18Gary, you have been doing V Friends for a number of years now. Started as a TCG, but now it's focused maybe more on the collectible cards. Do you find that TCG is still something that you're focused on, passionate about? Or do you maybe turn more to the non-sport? Because I know you've talked about that. I don't think I can build V Friends if I don't win in animation and film. and in TCG. So for me, I know that everyone rightfully for them is judging things in the short term. For me to build what I need to build, I need to think about it long term. So for me, I'm putting down different pieces of the puzzle.

5:02I would argue the most important thing I'm doing with VFriends right now is the comic books. Because yes, people will believe in me and think I'm a good entrepreneur or a good guy and want to support me. But VFriends cannot be what I want it to be, a Marvel, a Disney, a Pokemon, unless the world falls in love with the characters, not want to support me. So over the last two, three years, because of the Topps deal that I was able to put together, I needed the broad distribution of the Topps Chrome deal. and that's why you see me in non-sports and we're focused on comic books. The TCG that we put out in 2022 was very basic, a very simple game.

5:46When we re-enter the TCG place, we want to re-enter it from a much more complex, very challenging game standpoint with the hope that it has some collectability. I want to win over the TCG community that is more magic, the gathering, hardcore players, because that's another group of people. There's the collectors and flippers here, there's the gamers, there's the comic book, and then ultimately, I need to produce feature films and animations that play on Netflix and theaters for me to accomplish my mission. That's what I'm doing.

6:36versus creating a plan for the game. When we do our next TCG, and we almost did it a year ago, and then I stopped it because I feel like I'm getting stronger and better and understanding what we want to accomplish. I would say it's 80 % for the game and that true hardcore nerd gaming play for 20 years community when we come out. But of course, I'm a collector and I think about what happens here a lot. And so we'll do the proper factors that allow people to get some excitement on collectability, but I would say 80-20, whereas the non-sports cards right now are collectability and the back-of-the-card storytelling.

7:17Well, and to that point, and this is really a question for both of you, how much do you think in background on the original comic books or the movies, TV shows, whatever the original purpose of the IP was plays a part on the game. Because obviously, Pokemon started as really more of a game before it was really collectible time, right? When we've got Orphan, which is big right now, it started as movies and plushies and TV and obviously more TV and your TCG defense started as a TCG and now it's more collectible. Well, it started as an NFT, a digital collectible and then the second series was interesting.

7:54I went digital. You got the NFT with a box of TCG cards.

8:02Matter. I would say, I apologize, Logan. For this world, it's everything. I'm gonna just break this down because you might find it interesting. Where an IP starts really matters in its collectability. Harry Potter, I'm very bullish on Harry Potter trading cards, but the original first edition book, because it started as a book, really matters, right? Star Wars has done incredibly well in trading cards. but the action figures because they predated in a lot of ways and are more known you know Pokemon you look at these brands you look at history when you're collecting you always want to look at day one I believe long term the digital collectible for Be Friends in 30 years will be the ultimate because it started there even though we will have very collectible comic books and trading cards What about you, as far as Pokemon Origins?

8:58I know we're all about the Thoracore comics. You are here for multiple reasons. So one of the things that you're doing is trying to heal the perfect PSA technology from Thoracore. And that's a really big deal, even if that's where the origination of the PCC started. So you must hear it. Yeah, I kind of missed it. I think origin stories are so. And more in general, what contributes to the weight of IP, and how did they get there? And then, are various parts of that IP successful? Like, for some of it as a game, it did way better than a newer creature's thought of it. And they decided this should be a TCG.

9:38Then the TCG did a little well, and then the movie does well. They made it time after time after time again. It all matters because of the value of your IP. If one of them is underperforming, then that's just why. And it isn't yet to be in that space. I think it would have to be a perfect game or perfect IP to hear something. Yeah, it all matters because it all turns a little bit punctually, and I think how something culturally affects how they feel when I'm putting it into it. Absolutely. Well, so I've been watching a few of your weekly blogs. I appreciate you being so clear and what you've been like.

10:14I've seen a lot of fun you are in the past recently. And I know Gary, you obviously have been getting to be friends, but outside of those two, TCG, what are your things, TCG or not, that are you focused on? I'm really into game work. Jamie's going to be real. I think it's coming out of the value. It's not a short one. I'm a casual fan. You know, I'm going to try some time, I'm sorry, watching most sports. I had some time and watching most sports. I think they might get me through the world. Because, I mean, I don't want to get to say, also, I play sports. I like watching sports. I'll give it to you.

10:56I hate sports. Best in class, plays Kobe, LePron, Jordan Curry, Juleses. I have Wayne Gretzky's final championship game, Hockey Stick. I don't know, so cool. Yeah, he gave me his name. Okay. Gary? It's so fun to be with such a cool wrestler on stage. I've been doubling down and I've been collecting for over a decade vintage wrestling cards. So hand cut Andre the Giant rookie, the 82 series, which has Hogan and Flair and Iron Sheik's rookie. So vintage wrestling. And then we talked about this. The number one thing I did when I got here was looked for 1935 Mickey Mouse gum ink rookie card and 1940 Superman gum ink.

11:45I think vintage fictional. I will be on this hill for a while. 1966 Donruss is the 86-87 Fleer basketball fictional. It's got Spider-Man, Thor, Captain America, Hulk.

12:03Nice. Nice. I'm crazy. I'm crazy on all that. And even some of the modern stuff. Shrek, Buzz Lightyear. I just think Transformers, my best friend Brandon out there, I gotta get him an Optimus Prime rookie card. I think 60s, 70s, 80s, fictional, even 30s, 40s, Felix the Cat, Papa Smurf, Kermit the Frog. I don't think this world realizes is that the Comic-Con community is starting to bleed into cards. I think it is on people's radar here that Marvel and Disney and Star Wars modern cards are doing well because of Topps, Chrome, and Sapphire. I think there's a lot of misunderstanding of supply and demand of the original rookie cards of these characters.

12:54So you know I'm very bullish on that. Hey, everybody. Hope you're enjoying the podcast right now. Make sure you follow the podcast. That's why I'm interrupting. Let's keep going on this show, but follow the podcast. It'll make my mom super happy.

13:31All right sir, what do you think? It's home. It's home, yeah, it's sports entertainment. Are we talking like 50-50 or is it 40-50? I mean, I think it's 50-50. I mean, look, I've done a lot, you know? See, I'm from a big emotions point of view. I've done a lot in my life. WWE is the hardest thing I've ever ever had in my life. I'm not saying that it is the most difficult skill that I've ever had to acquire because you're doing so many different things all in one. I mean, the physicality of it all is just insane. Like, it's dangerous. You don't have a safety net. You're alive. You better not slip on your nose because, you know, you don't.

14:16You can hurt the other guy. You can hurt the other guy. It's like, you know, you're not in some of these moves. And even if I do it successfully, it's a hole in your body. I mean, you're... I'm not sure, man. I'm not sure. But it was a cool dream about my head. We're jumping on it. We're doing a business. We have the physicality, we're showing the shit, we're storytelling, we're the organization, we believe in the way, really, we believe in the way. It's insane. So I believe you're quoted as saying you got a call from your account and saying that Logan, you spent$9 million on collectibles this year already.

14:51And your response was, you're like, I used their tent. Yeah, that's correct. You are obviously deeply into the collectible community. I find that it's very easy. You've got a little bit going on. And I just signed up myself. I think it's a very cool platform. I am very curious for both of you. As influencers, as public figures, what's your responsibility in the collectible space for talking on the card and the role that that thing plays on the rest of those listeners to go out and buy it or not buy it. Because obviously that's the sweet market very greatly with your own system. Less than five years ago.

15:35The best thing going on here by far is that people have become dramatically more disciplined and when a human being that has any amount of followers, whether it's a lot like him or somebody with a thousand over here, people are making many more decisions for themselves people are taking far less high risk people are being much more disciplined there's a reason you're seeing Jordan and Kobe and LeBron and Mantle do so well people are looking to be more investor versus hoper I mean I could speak for myself it's been about five years since I've even posted a specific card because I have no interest in people making up stories of what I'm doing or not doing.

16:20So now I talk more in generalizations, like I just did fictional characters instead of, you know, but even if I tomorrow started posting again about a specific card I like, I know for fact, because I watch everything, the market would move less than it did pre-COVID in 18 and 19 because the market has has got dramatically smarter, more disciplined, and I think that's very healthy for the hobby, and I'm proud of the collective. Yeah, yeah, you're right. The collective has gotten smarter, which is great. I take the exact opposite direction. I am so specific about what I'm buying, because for me, I don't view, I'm aware that when I show up, what I do when I say, I'm saying the stories I tell, that were like, not previewed my cards, and then ask 20 followers.

17:15But for me, I feel like what I'm ultimately trying to do is tell a story about a thing that I find fascinating. And it doesn't come over to like, oh, sit down, we'll be talking about today. No, I get obsessed. Like, like, critically sickening obsessed with these new quests that I go on. And I do that because it's so what it happens. I think it's sometimes historical. So I tell them a story, all I'm really doing is maybe like taking a big spotlight and trying to make a dark part of the world. And so, while I'm aware of the next I don't view it as a possibility in the sense of like, I mean, I'm trying not to tell a story because people are like, no man, this is a story that deserves a reason.

18:01I mean, it's also like, at some level, I have a lot of empathy for that. that we've got to get into a place in society around accountability. I see unlimited things in my social media feed telling me to do many different things, but I'm a big enough boy to make my own decisions. For example, my wife would kill you guys for drinking this water out of a plastic bottle, and she would say that is a disaster. Are you responsible for sipping out of this water, influencing them? And so I know I'm being a little facetious, but what I would say is a million people are saying a million things all the time.

18:41I think one of the worst things that's happening in society is that a lot of people are making their judgment based on another person. I think it's worse than politics and I think it's really time that everyone mans and womans up a little bit and own their own actions. If you decide to buy something because you think Logan is promoting it and you catch the wrong side of the cycle, where does his or your responsibility stop and start and I think that we need to grow up a little bit in society realize you're a big boy and you can decide if you want to do something or not and you're thrilled when you catch the right cycle of it and you make a buck but then you're wah-wah when you don't and I think that hypocrisy is complicated yeah I mean no one's complaining when you took the advice went out and bought it and skyrocketed and made money.

19:36No one's upset about that. They're only upset if it goes to the market. I mean, does anyone here think it's gonna be this frothy and ridiculous forever? Is there anyone here confused that this market is red, white, hot and it's inconceivable in any logical way given the history of humanity, of how markets work, that this will continue the way it's been going for the last 24 months? You know, and so if you're like, there's no one who's logical that believes it can last forever. And you're deciding not to sell something right now for 12 ,000 or 1200 that you bought for 600 or 6 ,000. And so where does personal responsibility come in?

20:23When I just said that and I watched everyone's body language, no one here is confused that this is so white hot. It's inconceivable. It can go, and by the way, it might triple from here. No one knows markets. No one. And so I think accountability, like the accountable ant in VFriends is something that we should get a little bit more into. Thank you.

21:02You know, you know, you know, you know, you know I'm decent at this. What I would say is there's seven to ten different things going on. You know, repacking has a whole lot to do with what's going on. How does that play out, right? Supply and demand. The demand, I mean, I was at this show nine years ago. There wasn't this many people on Saturday, let alone on Wednesday, right like how much more are we coming in i think what has happened is that collectibles have become a lifestyle genre like sports like fashion and i think like music and i think that in a 20-year window makes everything out here very good but in a 20-month window a 20-week window like and then by the way there's people speculating there's levels to this one of the reasons i like fictional is Superman and Spider-Man and the Hulk are locked in.

21:59You know who's not locked in? Jackson Dart. You know who's not locked in? Zion Williamson. You know who's not locked in? You know, Caleb Wilson. Like people are speculating on the prayer that people become Hall of Famers. Like there's a lot of high risk, high reward, likely downside going on out here. So in the macro, it's gonna work out. What I would say to everybody for sure is do not spend money on collectibles that you cannot afford to lose. Nice, thank you. I mean, that is sound advice for everybody in here. Honestly, there are people here who are kids carrying around tens if not hundreds of thousands of dollars.

22:42But there's also kids in here who spend$5 and that's all they have on a Pokemon card. And that's okay too. Not only is that okay, that is preferred. this all dies if people don't actually collect. If this is just financial arbitrage flipping this will crash super hard. The greatest thing that's going on here is that that gentleman might collect Patrick Mahomes because he's wearing a Chiefs hat. Like that I'm out here buying Al Toon rookie cards who's my favorite wide receiver from the Jets in the 80s. I promise you they're not going up. Right? We need collectors. we need entertainers you know we got one here we got one in the crowd last row stand up Mickey Rips you're my favorite breakers shut up you know you need you need people that entertain people you need people that collect things that they're passionate about you need people that are investors that are savvy and are making moves this is an ecosystem what I will tell you this universe does very poorly is that everyone shits on everyone if they don't do it their way collectors shit on flippers flippers shit on and back.

23:50We need to stop yucking everybody else's yuck. If you want to collect non-sports and somebody else collects hockey and people collect vintage, this needs to be and culture, not or culture. Every single person here, whatever they're doing is right for them. And we should be happy about that because it's very positive. And this is a very positive place to be. But there are too many people risking financial risk risk that they can't afford to. And this is collectibles and it is a volatile industry and you need to be thoughtful, especially if you're speculating on rookies that have never accomplished anything in their professional career.

24:31I don't want to hurt the sports face but some would say this could be a sports conviction but it is, I'm very passionate about the non-sport world as well. You don't say. I mean, obviously there's a little bit of a... I mean, Jesus. Come on. This is what I just wear on Thursday. It's my Thursday outfit. you speak with such passion and it shows. It shows that your collection is based on how much you care about it. I was watching you this morning on YouTube. That's what we're going to say out loud. Why? A trillion people have. And I was watching you look at that you're waiting for a comic and you literally showed your news numbers when you pulled it out.

25:09And I was like, you can't thank that. That's an exciting music. That's real. He's good, but not that good. Yeah, right. But I think that is something that I think a lot of people out there still appreciate. Just because there's a camera on you, there's a microphone in front of you, doesn't mean that you're not a real, passionate collector. And if you're a real passionate collector, it's hard not to talk about people. You know, people probably a lot of people do. People probably help, because they're not actually working. They're basically doing simulations like 10 minutes in the air. And I think it's kind of the, you know, you can barely lose it a little bit, But there's like gatekeeping that's our love.

25:47And if you do things the way someone else is doing. In a hobby that they love dearly. You have to take people a little protective over it. I think it's kind of actually counterintuitive to what the most beautiful part about all of collecting is. In this. Like everyone is here because they love the same thing. We love something about collecting. And to shit on how someone does it. I totally love. um, granted I also believe I've known some time for the 100 % and I think it's weird that, you know, in this picture it's like, how do I, do I, like, have to prove that I love Pokemon and I love it for, just, like, almost three decades of my life, like, that's fucking weird, like, I've been thousands of dollars in me, itself, but like, you know, I'm just saying a lot of times, like, a hundred videos, and ten millions of dollars, and hundreds of dollars and hundreds of dollars and it's still looking out for people and I'm being there and I'm wrestling.

26:44I don't know what I'm doing and when I do come to shows, this is interesting, when I come to conventions and I go to shows, I don't see any of the people in real life. Yeah, right? Yeah, I don't see any of the people in real life. Oh, you do see them. They're just not willing to say things in person that they're willing to say because we are collectively incredible keyboard warriors because it's very safe and this is why I like the 80s because when you talk shit in the 80s, you got punched in the fucking mouth. I'll come throw you a punch in your face. Okay, baby. Thank you. Thank you. All right, so I'd rather like to know from a personal collective point of view, what is your favorite collectible regardless of life?

27:34Like, that you currently have where you want.

27:41I would say my favorite collectible is a 1968-1969 New York Jets signed football by the entire team from the Super Bowl III win. I bought it back in 1993 when I didn't have a debit card. We didn't have the technology we had today. So I always carried money in my pocket just in case I needed to do a business deal. And I went to the mall to go buy some stuff. and I saw the football and it was a thousand bucks, which was an enormous amount of money for me at the time. And I splurged on it and it means a lot to me because of my insane fandom of the Jets, but also because of the time in my life where I was working so hard and was coming from so little.

Read the full transcript

28:27And so I would say that. Okay, good. That's a cool question. Thank you, brother.

28:59Yes, that's the card. I agree.

29:13I've changed my mind. My favorite collectible is I own a 2026 VFriends Tops Chrome Content Condor Jake Paul autograph card.

29:33All right, so knowing that you guys obviously are deeply passionate about it, you started a business and you got new friends going that it's insanely beautiful. There's a lot of people downstairs that are out here waiting for you to get back. We've seen the success of new friends. And now you've got a business, you've got a rivet, and it's in there being well-fashioned. What is the service you're trying to provide? What is the need you're trying to fill? This episode is brought to you by Accenture. When your advertising operations fall out of sync, everything else follows. Spotify and Accenture are working together to reinvent the rhythm of ad sales, using automation, analytics, and smarter workflows to simplify campaign delivery and access better data across the business.

30:20The result? Less time spent on operations, more time connecting brands with the moments and fandoms that matter most. Learn more at Accenture.com slash Spotify. So, I'm glad you asked this question. The next thing is I'm going to take Gary because I have paid a million people for the past nine months. We just launched. For example, you're losing out the people you're losing. I really like about that one. And the service that I believe provides is the following. If you're a collective, the smallest you're going to be like, the smallest in terms of how you're spending your money, is buy what you want, you sell what you want outlay.

31:02Here, if you're on a blockchain, you buy the sale, you can go to the car. Prior to the business of digital rehabs, I think maybe you are giving me the next best way you can go to your local hobby shop, break open a box or a hat, cross your fingers, help you get the car that you want, then cross your fingers and help you get the great thing you want which I assume is probably a 10. That's not the easiest thing in the world to do. The expected value of most physical wax and packs is often 5 to 25 % of what you're still there. That's the fact. And then you get even. Yeah, but the entertainment of praying for the miracle, right?

31:48And by the way, it's awesome. Yeah, of course, of course.

31:56It is not ROI positive most of the time.

32:22is often higher than that, zero watts, and you have this opportunity to get a card that is a multiple of the fact that you pay, or pay for, and it's already paid. Which, which, which, I mean, if, if, if, if, proof spending money, this is not financial advice, there is everything, I don't want to ask how much power, and how does money to recognize the platform? It's interesting, and I believe, truly in my heart of heart, I believe it is a better way to connect. That is the goal. It's an appropriate love. There's a box as fun as it is. But I believe we feel that's it. My favorite part about that and just live shopping and what we're seeing with breaking is it's a new form of shopping.

33:10It's just a new form of shopping. It's entertainment. It's commerce-tainment. And it's community. you know I'm a social media guy from the beginning watching people become friends with each other during a break and then like the amount of people at BeFriends booth who met on Whatnot or TikTok who are meeting each other right now in front of our booth and you know it's really fun it's like oh you're 80 you're pants 49 I'm Sparrow throws up you know and they're like hugging it out watching people be entertained while they shop build community while they shop, and then whether it's repack or slab selling or personal break boxes, there's so many ways to do it.

33:56And I think what you're trying to do based on what you told me months ago and what others is everyone keeps elevating the game. How do you make it better for the consumer? How do you store it? This is where the blockchain might come in. There's a lot of cool stuff, but I think the most interesting stuff is, I have a funny feeling this is gonna hit for a lot of you. let this be very clear this is literally one of my favorite weeks of the year and I'm probably scared to say where it ranks because it ranks uncomfortably high and most of it is because I get to see a lot of people I like for a second and you hang out and you bullshit about something silly and fun and interesting versus the heaviness that so many of us deal with every day the fact that that's being replicated digitally in evenings where you get to escape and we watch movies and TV shows and read books for escapism, the fact that we're finding community with each other in these chat rooms while entertainers are entertaining us while we shop is a very interesting mutation of community and shopping that I think is really cool that we're living in.

35:03And there's bad parts. I mean, there's some people spending way too much money on these platforms and that's still back to discipline and accountability. but the framework and the evolution of platforms making it better and making it easier I think is a very nice net positive and I enjoy it. I mean, it's one of, sometimes at midnight if I'm just thinking about something and opening up an app and watching live shopping, it's just very, it's not this because I think nothing replaces this but it's darn close and those chat rooms are much more positive then people realize if not everyone in that chat room is only about the money.

35:47When the chat room's only about the money and it's a high-end product, it gets nasty in there. But when it's a mix and if it's right, it can be incredible. So that's actually one of the things that we're trying to really learn. Because when we enter the space, it did feel like a lot of these platforms were strictly transactional. We have this ability to have a physical break in our and have no peace communities on what not connects live. Really, we may not make it from the shopping, so we have the future side of it, the future side, but both are going to be crossed off, and the purpose of the community to improve, like the way the brand is, to like the field.

36:25I think we're going to probably have a little bit of a leg on that show us the purpose of focusing on what you can do, because we'll have a show on how much, how much they're interested in

36:44I do it sometimes in a costume, I'll do it with crazy music, there'll be all kinds of things, but it's trying to entertain a community of like-minded people, and it means so much. How much does community mean to you two as people who are in the collectible business? neither one of us exist. The whole thing. When you're talking backstage, I am sending out personal emails through users of the room. It's me. Not only am I doing that, I am responding to everybody who responds to my email. And I think that is something I have not done in business yet, but it's like I have that connection. I feel like that.

37:33He also learned. He learned. He passed. One of the biggest things that I'm always blown away by when people are not actually answering their DMs or emails is they don't realize how much consumer insights and the pulse of the end consumer they're missing out on. The discipline is worth it just for the information, not even the karma. Yes.

38:08if you need something else, if you're the best we can be here to make some kind of thing we actually care, because we do. Can I ask you a question? Sure, sure. Can I go back to my booth? Right now? Yeah, like I thought this was gonna be like 15 minutes. Like I really gotta go to my fucking booth. Like I love this and this is lovely, but like the fuck are we doing here? Alright, alright, alright. What do you think is that? Don't leave Gary. Alright, but we're doing that because I have one final question. All right, so let's remove budget altogether. You guys obviously have a bigger budget than some.

38:42However. Then most. Well, then most. Okay, fair enough. No, I'm saying like. Let's say a 12-year-old walking through the show and they got$100 to spend. Oh, I know. I'll tell you right now. I'm sorry. Why don't you tell them not to buy? In fact, one of the worst, one of the true worst things of getting to a successful place when you love the dirt is you can't fake the truth. Meaning, it is scary. Yesterday I'm walking to the booth and I see this massive, massive setup downstairs of all$1 boxes. Like, everything is$1, right? And all my brain was saying is, fuck, if I could just sit here for six hours and find all the$3 and$7 cards, it's like nirvana.

39:34Like it is so cool. Obviously the headlines he makes and everybody with the content creators these expensive cards. Let there be no confusion especially for the kids out there. Learning how to go through the dollar boxes using your education and your intuition. Having the discipline to buy 100 of them for$100. Then walk around and meet grownups and try to sell a dollar card for five bucks or three for seven. I am the byproduct I now have what I have because in the 90s I did only have 100 bucks and I did buy cards for a dollar or two and I did learn how to flip a$2 card for a$4 card and all those skills the thing I would do with 100 bucks is buy 100 separate cards or maybe 50 to 100 in the one and$2 boxes and then learn to go around and learn how to sell and meet people and people's skills and make a deal.

40:31It is so cool. I've pushed a lot of kids to do it. The joy you see from someone when they bought something for a dollar and made$7 on it, teaching someone how to fish is such a big deal. It's the number one thing I wish more people would do here. Do you want them to buy anything that is valuable or do you want them to buy what they actually like? I want them to buy anything that is valuable if they want to learn people and business skills. I want them to buy something that is meaningful to them if they're here to just be a collector and go home and put it in their room.

41:27How do you have$32 million for you? Five, seven, seven dollars. You know what? That works for me. I know a lot of people. It's good. When we flew Logan out to VaynerMedia to do his first grand deal, he got$5 ,000 from Sour Patch Kids. I'm stunned. I was stunned we got that much. Did you get any Sour Patch Kids too? Yeah, yeah, for life. He was a Sour Patch Kid for like four hours in New York City for$5 ,000. and now these like kids are like snickering at this stuff. The level of economic, and that is a concern of mine. I think the desensitization to how much money, when you have a 13 year old walking around and he's like, I'll only take 40K for this card.

42:11You know, it's like, fuck. And I worry about that. And I worry about the relationship with money and things of that nature. But the problem is, and this is just a very strong PSA, parents Logan is not your child's father like parents I think I think you know so I just think that like the numbers that are being thrown down with these kids I just highly recommend I see the pride in a lot of parents' faces and they should be proud but be proud about the process and the learnings not the sticker amount because some of these kids are getting very desensitized and when not if and when this market slows down you want to make sure that child is emotionally strong enough to deal with the downside because it's super easy to deal with the success and you want to make sure you prepare your kid for why didn't I sell that card at National 2026 because in 2027 it's half the price.

43:16Yeah. Guys, I can't make it up for spending your time especially the additional time that you were actually spending here. Gary, you mean Logan, Paul? Thank you so much for your time. Thank you, Gary.

43:31Can you, Sophie, real quick? Sure, man. Yeah? Yeah, of course. Hey, everybody. If you enjoyed this podcast, please go back and look at the prior episodes. They're loaded. I appreciate your attention and thanks for being part of this journey. See you later.

From the publisher

In this episode of the GaryVee Audio Experience, I sit down with Logan Paul at the National Sports Card Convention in Chicago, IL to talk about how the market has become dramatically more disciplined and why people need to grow up around accountability. I share why you should never spend money on things you can't afford to lose and why we need to stop yucking everybody else's yum. I also discuss the community power of live shopping, the discipline of answering your DMs, and what I'd tell a 12-year-old walking in with $100.


You'll learn about:

• Why The Market Is Smarter Now

• Personal Responsibility Over Blame

• Collect What You Love

• Live Shopping As Community

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