Former Netflix CEO: “Hard Work Does Not Matter!” A $278 Billion Company Wasn’t Built on Hard Work!
In this 1 August 2024 video, host Steven Bartlett sits down with Marc Randolph, 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.
https://youtu.be/HSVbD7RhOHU
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
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
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Whistler Blowers, Insiders
Netflix is just another medium that the inbred 1% use to launder money on plain site. Look at the ridiculous contracts they give out to these so called consultants for simply putting their name to a project. MONEY LAUNDERING!
Yes it does, you uckfing idiot. It took a lot of hard work to build the infrastructure your company rides on so SHUTFUP!