Game Changers with Molly Fletcher is our podcast designed to help you maximize your influence and unleash your potential. Each episode, we take you behind the scenes with peak performers to learn what makes them tick and discover how you can apply their lessons to your life. Join Molly each week to hear from her special guests— top athletes and coaches, transformative CEOs, brilliant thought leaders, and entrepreneurs and trailblazers from around the world. Subscribe now on iTunes or Google Play.

Episode 80- Marc Randolph on Starting Netflix and the Evolution of Ideas

Marc Randolph, Netflix

Now with over 150 million subscribers, Netflix is a tech giant, but it began as a scrappy startup with naysayers and obstacles at every turn. Netflix co-founder and former CEO Marc Randolph shares the untold story of how Netflix went from concept to company in his new book, “That Will Never Work.” We talk about why some great ideas stick and others don’t, why there’s no formula for innovation, and what happens when your little idea becomes a multi-billion-dollar business.

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Show Notes

  • Why he wrote his book, That Will Never Work (1:45)
  • There is no formula for innovation (3:25)
  • The birth of Netflix (5:55)
  • Advice on how to pitch your idea and make the ask (11:29)
  • Building the culture at Netflix (16:03)
  • Radical candor in action at Netflix (22:06)
  • Marc’s negotiation advice (24:48)
  • Why Netflix didn’t sell to Amazon early on (26:55)
  • The importance of singular focus as an early stage company (31:36)
  • As success came, the need to shift from generalists to specialists (33:23)
  • Running the company side-by-side with co-founder Reed Hastings (34:23)
  • Making the decision to leave Netflix (36:59)
  • How he balanced work and family in the startup environment (39:15)
  • Randolph’s Rules for Success (41:36)

Resources / People Mentioned

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