Marc Randolph
Businessman United States 1958–present
74 quotes in the archive
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With people, if you see something you want to change, you can make the change immediately. And if that doesn't work, you can change it again half an hour later. You can't do that with a robot. They're terrible at experimenting.
Here's a simple truth: When you surround a good idea with brilliant people, it changes. No matter how much you plan, great ideas have a mind of their own.
I'm not sure I want to preserve the old ways just for the sake of saying, 'I don't believe in change.'
Negotiation is empathy. It's almost trite to say that if you can't put yourself in the seat of the other person you're speaking with, you're not going to do well. It's not about being a bully, not about making offers people can't refuse.
Some of my fondest memories of the early years of Netflix have to do with our efforts to figure out the most efficient, effective, and fast methods to get DVDs to people all over the country.
Most people have a kind of survivor bias about luck. When something wonderful happens - when preparation meets opportunity, with excellent results - we think: 'How lucky!' But we don't usually acknowledge all the times when things just... fizzle out. All the times when preparation comes to nothing.
I tell aspiring entrepreneurs all the time: Validate your idea locally. Get some experience under your belt. Prove your idea has legs where you are. Spend some time as a big fish in a small pond. Demonstrate that there's a there there... there. Where you live.
Netflix was my sixth start-up, and that point I decided I didn't have it in me to start another company. At least that's what I thought at the time.
When we were kicking around the idea for Netflix in 1997, proving out an idea was expensive and labor-intensive. There was no Squarespace, no cloud. If you wanted a website, you had to build it from scratch. If you wanted an online store, you had to completely design it yourself.
Most legacy companies get crushed - they get Blockbustered - because they are too afraid to walk away from the status quo, to embrace what the future is.
In 'That Will Never Work,' I give readers a clear-eyed insider's look into how one of the least likely startups grew into one of the world's most successful companies.
That Will Never Work' is my chance to share all the secrets I've accumulated in a 40 years career as a entrepreneur - secrets that can help anyone turn their dream into a reality.
Marc Randolph