In this episode I interview Hazel Lim, who has an interesting approach when it comes to building businesses. Hazel runs a personal venture studio. What does that mean? In essence, she uses a system to launch/validate a bunch of ideas for products/businesses rather than focus all of her energy on any single idea (at least until one of those ideas proves to be a smashing success). I had never heard of this approach before, but after speaking with Hazel, I think that it might be the perfect match for many solo builders in the no code space. All of Hazel's links are below. Enjoy the conversation!
Hazel's Links:
Twitter: / byhazellim
Hazel's Newsletter: whatthehype.beehiiv.com/
00:00 Intro
4:07 What is a venture studio?
6:05 How does the model work?
10:10 How do you pick winners?
12:25 Hazel’s personal venture studio
15:10 How do you avoid getting attached to your ideas?
18:46 Why not go all in on one idea?
21:46 How do you focus on multiple ideas at once?
23:40 How do you know you’re picking the right metrics?
26:40 Why did you start by building an audience?
30:50 How do you avoid getting caught up in hype?
34:30 How important is it to LOVE the business you’re building?
39:00 No code developers are notorious for this…
41:50 How does a venture studio model apply to Hazel’s newsletter?
45:42 Hazel helps me with my RU-vid channel
51:10 How do you think about work/life balance?
27 июл 2024