Top Definition
An action that occurs without thoughts of a repercussion. Usually a very ballsy move, with a lot of courage.

Such actions have been performed by the infamous Bill O'Reilly, who "did it live" when his teleprompter broke during a recording.
Doing it Live:

Man 1: "Hey, do you think we should call Chris before showing up to his house?"
Man 2: "No, dude. Let's show up. We're DOING IT LIVE!!"

O'Reilly: "I'LL WRITE IT, AND THEN WE'LL DO IT LIVE! ...WE'RE DOING IT LIVE, FUCK IT!!!!"
by Snorris July 29, 2009
3 more definitions
Deciding how you're going to get home from the bars at the end of the night, instead of designating a driver or finding a place to crash.
"So I don't remember whose turn it is to drive tonight, I guess we'll just do it live."
"Look, man, we can just-"
"-WE'RE DOING IT LIVE!!"
by Randy Suave August 07, 2008
Getting the party started. Turning it out, getting ill, getting sick, getting stupid doo doo dumb.

Getting the party hyped, getting hyphy.
Dude 1 : Yo homie what's good?

Dude 2 : We doing it live at jus's house yo!
by Cam'ron-Dee August 20, 2010
Used for a situation where you have not prepared at all, or are not planning on preparing.
Cameron: Nick, did you study for the science test?
Nick: Nope, I'm doing it live
by The Rio Grande March 28, 2015

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