Shipyard Update: What We Learned From A $100k Studio Investment

Summary

The Shipyard recently completed a $100k studio investment in Miami, which took twice as long and cost double the initial estimate. The breakdown of the investment includes costs for studio space, insurance, gear, furniture, and payment to a studio agency. Making bets on oneself and investing in personal growth is emphasized, but it is important not to reinvest everything into the business. Plans for the studio include hosting live content and business teardowns, while staying committed to the current project and avoiding distractions. The concept of "drinking our own kool-aid" is discussed, highlighting the challenges faced by creative individuals in business. The biggest lessons learned from the studio investment are the enhancement of online work, the impact on content quality, and the potential for collaborations and business growth.

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