10 Views· 08/01/24· Entertainment

Former Netflix CEO: “Hard Work Does Not Matter!” A $278 Billion Company Wasn’t Built On Hard Work!


Jim Watts
114 Subscribers

Marc Randolph is the co-founder and former CEO of Netflix, he is also the author of the international bestseller, ‘That Will Never Work' and the host of the podcast of the same name.

00:00 Intro
02:03 What’s your mission?
03:11 Why did you write this book?
04:24 Your journey to Netflix, what got you there?
08:50 Meeting your Netflix co-founder
11:27 Searching for a business idea
16:02 How to know if you’ve got a winning business idea
19:44 The importance of stress testing your idea
24:10 Being too romantic about your idea
27:18 Netflix’s early years
34:11 Exploring the potential of selling to Amazon
38:43 What was Jeff like in 1999?
40:28 Stepping down as CEO
48:20 What was it that he had that he thought was better?
49:40 Having tough conversations
53:36 What makes Reed so successful?
54:54 Hard work: does it matter?
01:01:13 How to find the perfect product-market fit
01:06:10 The moment Netflix turned on subscriptions it changed everything
01:12:35 How many tests should we be conducting?
01:14:15 Getting employees to conduct more tests
01:15:57 Your dad passing away
01:21:57 The dot-com crash
01:25:00 Getting the call from Blockbuster to buy Netflix
01:32:36 Blockbuster nearly took Netflix down, until their CEO left
01:36:40 Leaving Netflix
01:41:46 Netflix culture
01:52:56 Your relationship and commitment to date nights
01:59:12 The last guest’s question

Follow Marc:
Twitter - https://g2ul0.app.link/NcZZFoH1FLb
Instagram - https://g2ul0.app.link/z7yXEFJ1FLb

You can purchase Marc’s book, ‘That Will Never Work’, here: https://amzn.to/3A6YOWr

You can purchase the The Diary Of A CEO Conversation Cards: Second Edition, here: https://g2ul0.app.link/f31dsUttKKb

Sponsors:
PerfectTed: https://bit.ly/PerfectTed-DOAC with an exclusive code DIARY40 for 40% off

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