Nick Huzar
👤 PersonAppearances Over Time
Podcast Appearances
And so sometimes you need to make really big bets, like bet the company bets. And sometimes you could just buy these little experiments that you try. And if they don't work, oh, well, the business didn't die. But I think it's great to keep experimenting.
And so sometimes you need to make really big bets, like bet the company bets. And sometimes you could just buy these little experiments that you try. And if they don't work, oh, well, the business didn't die. But I think it's great to keep experimenting.
And so sometimes you need to make really big bets, like bet the company bets. And sometimes you could just buy these little experiments that you try. And if they don't work, oh, well, the business didn't die. But I think it's great to keep experimenting.
Yeah. Well, that's another, the blockbuster example is another good one. Evil actually Netflix. So the original vision for Netflix was streaming, but they didn't, we didn't have the capacity to actually do it. So then they created, you know, the, I'm going to mail you the, uh, the DVD in the mail. Then, but then they disrupted themselves and said, no more DVDs.
Yeah. Well, that's another, the blockbuster example is another good one. Evil actually Netflix. So the original vision for Netflix was streaming, but they didn't, we didn't have the capacity to actually do it. So then they created, you know, the, I'm going to mail you the, uh, the DVD in the mail. Then, but then they disrupted themselves and said, no more DVDs.
Yeah. Well, that's another, the blockbuster example is another good one. Evil actually Netflix. So the original vision for Netflix was streaming, but they didn't, we didn't have the capacity to actually do it. So then they created, you know, the, I'm going to mail you the, uh, the DVD in the mail. Then, but then they disrupted themselves and said, no more DVDs.
We're just going to go to streaming. So, I mean, those are risky. That's a, luckily they paid off. Do you remember that when Netflix tried to also create their other sub brand? What was that? What we call it? I forgot. That was a terrible failure. And luckily they, luckily they recovered from that, but that was, they knew right away that that was bad.
We're just going to go to streaming. So, I mean, those are risky. That's a, luckily they paid off. Do you remember that when Netflix tried to also create their other sub brand? What was that? What we call it? I forgot. That was a terrible failure. And luckily they, luckily they recovered from that, but that was, they knew right away that that was bad.
We're just going to go to streaming. So, I mean, those are risky. That's a, luckily they paid off. Do you remember that when Netflix tried to also create their other sub brand? What was that? What we call it? I forgot. That was a terrible failure. And luckily they, luckily they recovered from that, but that was, they knew right away that that was bad.
God, we don't have enough time for all the failures. I think when it comes to failures, my biggest ones I would say is it's usually people related, like building, building companies is all about people, the founders, the investors, like the people you bring on the team. And it's, I think it's the hardest part for any entrepreneur. Like you have this idea, great.
God, we don't have enough time for all the failures. I think when it comes to failures, my biggest ones I would say is it's usually people related, like building, building companies is all about people, the founders, the investors, like the people you bring on the team. And it's, I think it's the hardest part for any entrepreneur. Like you have this idea, great.
God, we don't have enough time for all the failures. I think when it comes to failures, my biggest ones I would say is it's usually people related, like building, building companies is all about people, the founders, the investors, like the people you bring on the team. And it's, I think it's the hardest part for any entrepreneur. Like you have this idea, great.
Maybe you can code or build a product, but then you got to build a team. And that I think is the hardest part, um, not just hiring the one person, but how do you make sure that you're, you're helping them to work well together, um, building camaraderie or not moving fast enough on people that are just not right for the team. And so I've hired very toxic people that almost killed the company.
Maybe you can code or build a product, but then you got to build a team. And that I think is the hardest part, um, not just hiring the one person, but how do you make sure that you're, you're helping them to work well together, um, building camaraderie or not moving fast enough on people that are just not right for the team. And so I've hired very toxic people that almost killed the company.
Maybe you can code or build a product, but then you got to build a team. And that I think is the hardest part, um, not just hiring the one person, but how do you make sure that you're, you're helping them to work well together, um, building camaraderie or not moving fast enough on people that are just not right for the team. And so I've hired very toxic people that almost killed the company.
Like these are really hard things to navigate, especially when you're scaling very quickly. And so I, they think that I could go on and on with stories like that, that are, um, rough. I think on the flip side is actually the same part of the coin is hiring people that are like 10 X people. There are people that just, you're like, Whoa, like, look what just happened.
Like these are really hard things to navigate, especially when you're scaling very quickly. And so I, they think that I could go on and on with stories like that, that are, um, rough. I think on the flip side is actually the same part of the coin is hiring people that are like 10 X people. There are people that just, you're like, Whoa, like, look what just happened.
Like these are really hard things to navigate, especially when you're scaling very quickly. And so I, they think that I could go on and on with stories like that, that are, um, rough. I think on the flip side is actually the same part of the coin is hiring people that are like 10 X people. There are people that just, you're like, Whoa, like, look what just happened.
I don't even, I don't even have one-on-one meetings with you. It's like, I, you know what you're doing. We just check in every now and then that, wow, you're just crushing it. And so I think for me on both sides, it's all about usually the people more than anything, because the idea is easy. Everyone has the idea.
I don't even, I don't even have one-on-one meetings with you. It's like, I, you know what you're doing. We just check in every now and then that, wow, you're just crushing it. And so I think for me on both sides, it's all about usually the people more than anything, because the idea is easy. Everyone has the idea.