What's up everyone, I'm Alex Lieberman, you know, this is Jesse Pooji, and this is the crazy ones.

What's up everyone, it's Jesse Pooji here from the Crazy Ones Podcast.

Today I'm doing a quick individual episode about Venture Studios.

We've had a lot of questions as I've discussed my Venture Studio Gateway X and what exactly it is and how it all works.

So let's dive right into some of the questions. First question, what is a Venture Studio?

So a Venture Studio, think of it like a movie studio. You have a group of people.

You come up with new movie ideas, scripts, actors, and you put them out and you create hopefully lots of hits.

That's what we do with Venture Studios. So what would we do with new Ventures?

So we will come up with ideas that could be because of a problem we're having in our day to day lives.

That could be because of big themes in the world and the way where things are changing.

We start to run some different experiments and test to see if we think they can work and if they're viable.

And then if they are, we go ahead and we try to put a team, we'll find a CEO and other leaders to put around the table to go and launch the business.

So that is what a Venture Studio is. It's really a business that makes other businesses.

And there's a whole different flavor of them. You'll see out there, you'll hear about Venture Studios, Incubators, Accelerators.

They all kind of do something slightly different. Incubators and Accelerators oftentimes just give entrepreneurs who are already out there resources and take a little bit of equity.

The studio really is coming up with its own ideas that they're mostly my ideas or the team's ideas.

And most of the people who are running the business are a part of what we're doing already.

It's a little bit more sort of all included, if you will, in terms of how we're building it.

Even inside of Venture Studios, there's a variety of different types. So I was inspired by my friend, Jack Abraham.

My friends, Jack Abraham and Brett Shaheen, who both have their own studios. One is called Atomic.

They're famous for launching hymns and redesign health, which is launched vault, captivate a bunch of other health-related startups.

So there's SaaS Venture Studios, there's Venture Studios like GatewayX, which is a little bit of sort of a hodgepodge of different ideas all kind of related to my expertise of digital marketing, customer acquisition and e-commerce.

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