Podcast appearances and mentions of Marc Randolph

In this episode of the I Fired My Boss podcast, host Dan Claps dives into the transformative lessons he's picked up from a handful of impactful business books. Dan shares insights from titles like Grinding It Out by Ray Kroc, The Outsiders, How to Make a Few Billion Dollars by Brad Jacobs, and That Will Never Work by Netflix co-founder Marc Randolph. The episode zeroes in on the Netflix story, particularly Randolph's revelation that true company culture isn't about perks like hot tubs and ping-pong tables—but about giving brilliant, creative people the autonomy to solve meaningful problems. Dan connects this idea to his own leadership journey in franchising, emphasizing the importance of crafting a culture of trust, autonomy, and alignment around a common mission.Dan also reflects on broader lessons for entrepreneurs, including the importance of starting before you feel completely ready. Drawing parallels between Netflix's foresight in pivoting from DVDs to streaming and his own path into water restoration franchising, Dan underscores how being in the business gives you clarity you can't get from the outside. He encourages listeners not to overanalyze potential future challenges but to dive in, learn, and adapt. Whether you're considering launching a business or are already deep in the game, this episode offers a grounded yet inspiring perspective on leadership, culture-building, and the value of action over hesitation.

In this episode of the I Fired My Boss podcast, host Dan Claps dives into the transformative lessons he's picked up from a handful of impactful business books. Dan shares insights from titles like Grinding It Out by Ray Kroc, The Outsiders, How to Make a Few Billion Dollars by Brad Jacobs, and That Will Never Work by Netflix co-founder Marc Randolph. The episode zeroes in on the Netflix story, particularly Randolph's revelation that true company culture isn't about perks like hot tubs and ping-pong tables—but about giving brilliant, creative people the autonomy to solve meaningful problems. Dan connects this idea to his own leadership journey in franchising, emphasizing the importance of crafting a culture of trust, autonomy, and alignment around a common mission.Dan also reflects on broader lessons for entrepreneurs, including the importance of starting before you feel completely ready. Drawing parallels between Netflix's foresight in pivoting from DVDs to streaming and his own path into water restoration franchising, Dan underscores how being in the business gives you clarity you can't get from the outside. He encourages listeners not to overanalyze potential future challenges but to dive in, learn, and adapt. Whether you're considering launching a business or are already deep in the game, this episode offers a grounded yet inspiring perspective on leadership, culture-building, and the value of action over hesitation.

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Marc is a veteran Silicon Valley entrepreneur, advisor, and investor—but you probably know him best as the co-founder and first CEO of Netflix. Under his leadership, Netflix grew from an idea sketched out on a car ride to a revolutionary company that transformed how the world consumes entertainment.   Marc is also the author of the bestselling book That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea, where he shares the behind-the-scenes story of Netflix's early days—and the lessons he learned about risk-taking, innovation, and resilience.   In addition to his work as a founder and thought leader, Marc is a sought-after speaker and mentor, passionate about helping the next generation of entrepreneurs turn their ideas into reality. He's here today to talk about the highs and lows of building something from nothing, what it takes to keep believing in yourself, and why the words “that will never work” might just be the greatest motivation of all.   Learn more at marcrandolph.com.

What does it really take to build an unforgettable personal brand?This week, Sun Yi, branding expert and founder of Night Owl Nation, joins me for a no-BS conversation about personal branding, marketing, and the fine line between influence and integrity. Sun shares why most personal brands fail, the difference between true experts and knowledge brokers, and how to stand out in a world full of noise.In this episode, we dive into the power of storytelling, the importance of authenticity in branding, and why detaching from outcomes can lead to greater success. Sun also shares his experiences working with high-profile personal brands like Jay Shetty and Mel Robbins—and what separates the truly great from the rest.If you're looking to build a personal brand that actually matters (without selling out), this episode is packed with insights, real talk, and strategies you can apply today.About SunFounder at Night Owls and Night Owl Nation, Entrepreneur, Personal Branding Expert, Storyteller, TEDx Speaker, Mentor, Podcaster of Authentic As F*ck podcast and Forbes Agency Council Member.Sun Yi is a personal branding expert and founder of Night Owls , the award-winning digital agency behind Fortune 500 companies and branding specialized for clients such as Mel Robbins, Jay Shetty, Marc Randolph. With over 20 years of experience working in digital branding, Sun has helped brands go from virtual zero revenue to $1 billion. He is passionate about teaching and has taught over 28,000+ students on Domestika through his online course, "The Art of Storytelling for Freelancers and Creators," as well notable achievements on Forbes Agency Council. In 2022, he started Night Owl Nation, a global community of entrepreneurs and creators who practice storytelling together. Connect with Sunhttps://sunyi.co/https://instagram.com/sun.yihttps://linkedin.com/in/sunyi-nightowlshttps://www.youtube.com/c/sunYiCoConnect with VeronicaInstagram: https://www.instagram.com/vromney/If you're serious about advancing your career in marketing and you're looking for some personal insights into how then I invite you to schedule a free Pathway to Promotion call with me: https://pathwaycall.com/If you found value in today's episode, I would appreciate it if you could leave a rating and review.

Are You Making the #1 Mistake That's Holding Back Your Growth? In this episode, I'm joined by some of the brightest minds in business and entrepreneurship to tackle one of the most common challenges: the critical mistake entrepreneurs make that stunts their success. Featuring Marc Randolph, Gunnar Peterson, Billy Gene, David Novak, and David Sinclair, this episode is packed with transformative lessons you can implement immediately to grow your business and yourself. Marc Randolph, the co-founder of Netflix, shares his insights on embracing failure and falling in love with the problem, not the solution. His story about testing ideas quickly and creatively—like mailing a CD to prove Netflix's original concept—will inspire you to take bold, decisive action without overthinking. Gunnar Peterson brings his unique perspective from the fitness industry, emphasizing how every interaction with a customer or client is an opportunity to create a positive experience they'll remember. Billy Gene explains his journey from struggling entrepreneur to marketing guru, highlighting how ignorance and arrogance can derail your business. His raw and relatable stories of early mistakes remind us of the importance of learning from others and embracing humility. David Novak dives into the art of leadership, explaining the concept of managing "two up and two down" to ensure you're building strong relationships with your team and the higher-ups who can influence your career. Finally, David Sinclair offers a glimpse into the future of longevity and how entrepreneurs can position themselves in emerging industries by focusing on trends and surrounding themselves with exceptional people. Key Takeaways: - Fail Forward: Learn how to treat failure as a stepping stone rather than a setback. - Client Experience Matters: Gunnar's advice on making every customer interaction exceptional. - Learn Before You Leap: Billy Gene's journey underscores the value of mentorship and humility. - Lead with Vision: David Novak's strategies for managing relationships and motivating teams. - Future-Proof Your Business: David Sinclair's insights on trends and innovation in emerging industries. As entrepreneurs, the choices we make every day determine the trajectory of our businesses. This conversation is your blueprint for identifying and correcting the mistakes that may be holding you back. Don't just listen—apply these lessons and watch your business thrive. Let's take your growth to the next level. You're capable of more than you realize. Thank you for watching this video—Please Share it and get the word out! What part of this video resonated with you the most? Comment below! Learn more about your ad choices. Visit podcastchoices.com/adchoices

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. In this conversation, Marc and Stephen discuss topics such as, the importance of pride in work, the pitch that almost ruined Netflix, how Marc overcame $50 million of debt, and the one decision that saved Netflix.  Follow Marc: Twitter - https://x.com/mbrandolph Instagram - https://www.instagram.com/marcrandolph You can purchase Marc's book, ‘That Will Never Work', here: https://bit.ly/3P2U9Jq

In this episode of Impact Theory, Tom Bilyeu is joined by Marc Randolph. As co-founder and founding CEO of Netflix, Marc laid much of the groundwork for a service that's grown to 150 million subscribers and fundamentally altered how the world experiences media. Tom and Marc explore how Marc managed to take action on his dreams and succeeded against all odds. Marc shares how he started Netflix and how they tweaked their business and stopped it from failing like most businesses. [Original air date: 3-2-21]. SHOW NOTES: The one-sentence Marc has heard 1000 times from his friends, his family, basically everyone when pitching the idea of Netflix. [1:24] The fundamental things Marc learned in his 50s while skateboarding that helped him build Netflix [3:25] How Marc started Netflix and how they tweaked the idea to stopped it from failing like most businesses. [5:27] The even better approach to “there are no good ideas” to generate winning ideas. [7:49] The single most fundamental problem why most people never take action on their ideas. [9:05] What separates an Entrepreneur from a dreamer. [9:46] The fundamental misunderstanding of Entrepreneurship and the deep-seated psychological fear everyone (even Marc) struggled with for years. [15:41] The idea of “two-way doors” Marc teaches young Entrepreneurs to practice to escape the traps of perfectionism and take immediate action. (And prevent them from taking too much risk.) [20:21] The fundamental truth about knowing what to test. [21:42] Where 98% of Netflix´s revenue did come from initially and why Marc decided to give up that revenue. [24:06] The skill Marc is good at, that he calls “the entrepreneurs secret weapon” [27:20] This brutal moment destroys most business relationships and how Marc handled this “big ego” moment. [32:48] Why the person who starts a company is not necessarily the right one to run it when it´s big. [37:58] The real challenge in Marc's life that he is most proud of when he looks back. [41:10] How running for a plane taught Marc the right mindset to chill in the midst of chaos. [45:26] The core principles Marc instills in his kids. (Not what you think.) [52:07] Marc's new podcast about how to take ideas and make them real. [54:40]  What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER SCALING a business: see if you qualify here. Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. Join me live on my Twitch stream. I'm live daily from 6:30 to 8:30 am PT at www.twitch.tv/tombilyeu LISTEN TO IMPACT THEORY AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices

Time and time again, we see people lock up and stumble as their precious 60 seconds tick away. But never have we heard of a contestant pull themself out of a gut-wrenching spiral and recover like a rockstar like we do in the episode. "That was one of the best fumble and recoveries I've ever seen," exclaims investor Marc Randolph, co-founder and first CEO of Netflix. Hear if their impressive recovery results in funding on this new episode of Entrepreneur Elevator Pitch! Learn more about your ad choices. Visit megaphone.fm/adchoices

FREE TODAY: Download The Total Mind Control Handbook ($27 Value)  https://andymurphy.online/ebook Ready to be a GUEST or SPONSOR? (taking applications now) Let's chat https://andymurphy.online/contact Welcome to EP 434, another exciting episode of the Neuro Performance podcast with your host, Andy Murphy! (FAVORITE GUESTS:  3 Million + downloads: Mathew Knowles (Beyonce's dad), UFC Bruce Buffer, Dennis Mckenna, Tony Jeffries, Matt Gallant, Nick Onken, Sanjiv Chopra (Deepaks brother) Listen now and Visit https://andymurphy.online/podcast  to select your favorite platform or watch the full interview on YouTube https://www.youtube.com/@AndyMurphyperformance    TODAYS EPISODE If you are in entrepreneur, an exeuctive, CEO or founder and in a growth phase with your business, this is a good epiosde for you. Delving into the early concepts of Ntflix with co-founder Marc Randolph in an interview from Diary of a CEO podcast, I uncover a lot of the pscholigical tacitcs that you can introduce into your own life, to make sure you are on the top of your game, right now and into the future. In this episode, you will learn: - Why speed is not always a good thing in business- How testing and measuring is really the only way to get the answer- Why stress will not give you the high level decisions you require- How NLP is the operational manual for your brain LINKS The Total Mind Control Handbook ($27 Value): https://andymurphy.online/ebook Coaching (personal or corporate)  https://andymurphy.online/contact COURSES https://andymurphy.online/courses KEYNOTES https://andymurphy.online/media  CHOSE YOUR FAVORITE PLATFORM https://andymurphy.online/podcast  Itunes https://podcasts.apple.com/us/podcast/neuro-performance-by-andy-murphy/id900646659  Spotify https://open.spotify.com/show/5cbOT1aRBXaRYi64haPB57?si=4c65795cf8cb49e4  Youtube https://www.youtube.com/@AndyMurphyperformance  CONTACT ANDY Coaching (personal or corporate)  https://andymurphy.online/contact COURSES https://andymurphy.online/courses KEYNOTES https://andymurphy.online/media    ABOUT PODCAST 3+ MILLION DOWNLOADS FAVORITE GUESTS:  3 Million + downloads: Mathew Knowles (Beyonce's dad), UFC Bruce Buffer, Dennis Mckenna, Tony Jeffries, Matt Gallant, Nick Onken, Sanjiv Chopra (Deepaks brother) Jordan Harbinger, Nathan Latka, Michael O'Neil, Shanda Sumpter, Ari Meisel, Dennis Mckenna, Jill Stanton,  Bio Optimizers, Yuri Elkaim, Jayson Gaignard, Tony Jeffries, Shawn Wells, Theresa Depasquale, Ilan & Guy Ferdman, Hither Mann, Peter Sage, Jayson Gaignard, Jeff Woods,  Matt Gallant, Nick Onken, Scott Oldford and many more.   ABOUT ANDY MURPHY Andy Murphy is a world-leading neuro-performance expert, who for 22 years has developed his cutting-edge protocols by working with the best in sports, health, online, finance, and royalty, to now focusing his passion on the next generation to assist them in being at their peak performance during the great wealth transfer so that they can create an incredible future for us all. https://andymurphy.online/clients

You would think the most brilliant of entrepreneurs would rarely face failure. After all, didn't they just come up with one genius idea and money started flooding in? Not the case for Netflix co-founder, Marc Randolph. The truth? Marc was told, “That will never work,” more times than he could count. In this vulnerable conversation, Marc shares the challenges and harsh rejection he faced during the early days of Netflix and peels back the curtain of the often-glamorized world of entrepreneurship. And he says the problems you see every day in your business or your job could be your golden ticket to big profits. Subscribe and listen now to my conversation with Marc on Apple Podcasts and Spotify!   You Will Learn That: • You build skills by doing them • Pain is the parent to ideas • Entrepreneurship is a grind • There is no easy way • There's always a reason not to do something • Why you should think less and do more • If you wait, you're too late • Nobody knows anything   Quotes: • “The way you learn to make better decisions is by making decisions.” – Marc Randolph • “Start small, build momentum. And that allows you to bet on yourself and place bigger bets because you can be confident in your own abilities.” – Derrick Kinney • “Once you've learned to really articulate the problem and see the problem clearly, almost without even thinking about it, ideas begin popping into your mind.” – Marc Randolph • “And it was this realization at that moment that there was no easy way. There was no trick. There was no magic bullet. There wasn't a way around. And, as my Dad used to say, ‘Sometimes the only way out is through.'” – Marc Randolph • “If you don't start, you're never going to get anywhere. There's always a reason not to do something.” – Marc Randolph • “So, the lesson there is, you can't over commit. Whatever you think is an overcommitment is probably just barely enough to land that trick.” – Marc Randolph • “The uncertainty is everything. If you wait until you can see around the corner enough to be confident that your idea is going to work, I guarantee you're too late.” – Marc Randolph • “The most important skill of a good entrepreneur is, are they creative and clever enough to figure out ways to try their ideas that are quick, simple, and cheap? Because then they can try hundreds of ideas.” – Marc Randolph   Are you a financial advisor? Join the exclusive email list for financial advisors HERE.    Get access to Simple Teen Success HERE.   Order your copy of the USA Today and Wall Street Journal bestselling book Good Money Revolution here: https://amzn.to/34hSonE   Book Derrick to speak at your next event HERE.   For daily tips to help you make and save money, follow us on Instagram @derricktkinney   

We're diving back into another episode from the Foundr Archives to revisit my interview with Marc Randolph, co-founder of Netflix. It's every entrepreneur's dream: create a product that is so disruptive to an industry, that it forces a shift in how we do business. Be so good, that they can't ignore you, and they have to completely reimagine the way they do things in order to compete with you. That's what Netflix did. Randolph has been an entrepreneur for over 40 years before the word “entrepreneur” was even a thing. With an insight into the business game like no other, Randolph knows the importance of action and acceleration colliding with ideas. Listen in as Randolph reveals his journey, from failed business ideas and last-minute pivots, to being laughed at during a $50m pitch with Blockbuster. Find out why he believes that the most important step in having an idea is to start. Click here to start your business for $1. You'll get all-access foundr+, where you'll find more in-depth, proven strategies from founders like our guest today and support and advice from our global community of 30,000 founders. If you loved this conversation and learned something new, rate and review this episode. Stay in touch with us, follow foundr on your favorite platform: Foundr.com Instagram YouTube Facebook X LinkedIn Magazine

We talk with veteran Silicon Valley entrepreneur Marc Randolph, the co-founder and founding CEO of Netflix. He's mentored hundreds of early-stage entrepreneurs and helped seed dozens of successful tech ventures, in addition to many unsuccessful ones.  Marc is the author of the bestselling book, "That Will Never Work: The Birth of Netflix and the Amazing Life of An Idea". Shopify is the all-in-one commerce platform that makes it simple for anyone to start, run, and grow your own successful business. With Shopify, you'll create an online store, discover new customers, and grow the following that keeps them coming back. Shopify makes getting paid simple, by instantly accepting every type of payment. With Shopify's single dashboard, you can manage orders, shipping and payments from anywhere. Shopify's award-winning help is there to support your success every step of the way. Sign up for a one-dollar-per-month trial period at Shopify.com/nobody.  

In 1998, Marc Randolph with his co-founder Reed Hastings started the now streaming giant Netflix. They started what is now commonplace in almost every American household and changed the way we view media forever. Marc will share his story on starting Netflix and also taking the helm of CEO during his time at the company before he stepped down. This week's episode is sponsored by Power Full Energy Distribution (Robert Cogan). Our on-going sponsors are RangeMe and My Way 3PL.

Netflix eski Genel Müdürü Marc Randolph'un babasının, başarılı olması için ona verdiği sekiz kurala bakalım. Siz de katılıyor musunuz? Keyifli dinlemeler... organikbeyinlerpodcast@gmail.com https://www.instagram.com/organikbeyinlerpodcast/

  Built to Fail: The Inside Story of Blockbuster's Inevitable Bust w/ Alan Payne AZ TRT Flashback - S05 EP33 (249) 8-28-2024   What We Learned This Week: ·         Blockbuster started in 1985, and scaled quickly after Wayne Huizenga purchased it in 1987, 10,000 stores at its height, dominant video rental co. ·         Alan Payne instituted the Video Rental model of HEB to the Blockbuster franchises he ran – segmented movies to rent new ones for more ·         Wayne Huizenga was a stellar Founder who built 3 fortune 500 companies – Waste Mgmt, Blockbuster, and Auto Nation ·         Viacom purchased Blockbuster in 1994 for $8.4 billion, and went on to lose 75% of the value over the next decade + ·         Competition was fierce from Hollywood Video, Redbox and then in 1997 by a new DVD rental by mail company called Netflix ·         Netflix scaled into the internet company it always wanted to be with streaming in 2009   Guest: Alan Payne Alan Payne spent thirty-one years in the movie rental business, the last twenty-five of those as a Blockbuster retail franchisee. He took over a small group of Blockbuster stores in 1993 and grew it into one of the largest and most successful chains in the company. He finally closed his last store in 2018, more than eight years after Blockbuster filed for bankruptcy. Book: Built to Fail: The Inside Story of Blockbuster's Inevitable Bust     From the Back Cover Blockbuster was phenomenally successful in its early years and made thousands rich beyond their wildest dreams. But it was consistently outsmarted and outmanaged by smaller companies. And the challenges began earlier than you think--long before Netflix was even an idea in the minds of founders Reed Hastings and Marc Randolph. Blockbuster became one of the most iconic brands in the history of American business, but it cracked at the first sign of a challenge. From its founding, Blockbuster was a company built to fail. Link: HERE     Alan Payne Bio:   Border Entertainment, LLC - 2000 to 2018 Founded a $34.2M franchise group with 41 independently owned Blockbuster stores. President & Chief Executive Officer Held complete P&L responsibility while managing executive team (CFO, VP of Product Management, VP and GM Alaska Division, VP and GM El Paso Division, VP and GM South Texas Division) with 750 employees. ·         Grew revenue to $34.2M with 41 stores located in Texas and Alaska. ·         Capitalized business with $14M debt and $3M in private equity investment. Investors received over 35% internal rate of return. Fully retired debt in 2012. ·         Grew sales 140% and profitability 190% during industry decline from 2000 to 2007. Expanded through same store sales increases, new store openings, relocations, and acquisitions. ·         Created proprietary management systems by gathering and analyzing data around financial and inventory performance. ·         Developed and implemented an aggressive real estate strategy, identifying heavily trafficked, high-volume locations. ·         Cultivated culture of loyalty, retaining employees during wind down.     Alan Full Bio: HERE       Blockbuster Video[5] was an American video rental store chain. It was founded by David Cook in 1985 as a stand-alone mom-and-pop home video rental shop, but later grew into a national store chain featuring video game rentals, DVD-by-mail, streaming, video on demand, and cinema theater.[6] The company expanded internationally throughout the 1990s. At its peak in 2004, Blockbuster consisted of 9,094 stores and employed approximately 84,300 people: 58,500 in the United States and 25,800 in other countries.   Blockbuster – c/o Wikipedia: HERE   Harry Wayne Huizenga Sr.[1] (/haɪˈzɛŋɡə/; December 29, 1937 – March 22, 2018) was an American businessman. He founded AutoNation and Waste Management Inc., and was the owner or co-owner of Blockbuster Video, the Miami Dolphins of the National Football League (NFL), the Florida Panthers of the National Hockey League (NHL), and the Florida Marlins (now Miami Marlins) of Major League Baseball (MLB).   Wayne Huizenga – c/o Wikipedia: HERE     Notes:   Seg 1   Blockbuster was the premier video rental company in the 1990s. To put it in perspective how big they were, they brought in more revenue than theater ticket sales.   To add to that, if a movie bombed in the theater, it could be saved by video rental. Also with the introduction of DVDs in the late 1990s, movie studios started doing direct to video movies that would be released in rental stores like Blockbuster.   Pre-Internet was a different era for retail sales. In the 1990s you had huge retail companies like Blockbuster for rental movies, Tower records for CDs and music, and Borders for books. In the 2000s with the rise of the Internet, these businesses were all under attack. Netflix was growing with streaming, iTunes add streaming music, and Amazon was out selling borders with book sales.   In the mid-1990s Blockbuster at its height was the dominant video rental store with 40% market share. Hollywood Video is their main competitor with 20% market share.   Per Alan, half the weekly rental business was done on Friday and Saturday night from 7 to 10 PM. Blockbuster on weekends was the place to be, where the community was literally gathering for family night in movie rentals. There were new releases that came out every week and this section of the store was usually the most popular.   With the introduction of the VCR circa 1985 the video rental business took off. There were tons of small mom and pop video rental stores. The business didn't really have to be run that well as the industry was exploding.   Prior to this it was very difficult to see old movies. You had to have seen them in the past in the theater or wait for Network TV to air them. There was no control and very limited choices.   With the onset of Blockbuster in 1985, the video industry became more organized and professional. Blockbuster also had 6000 movie titles to rent, and scaled fast, opening stores by the dozen+.   Cost for Blockbuster to buy a movie was $70 per movie. They needed to rent the movie 20 times just to break even.   Blockbuster stores count were 5500 stores in the US, 1000 were franchisees and then corporate owned 4500. Corporate stores were typically in the larger markets, while the franchises were in the mid and smaller markets.   Seg 2   Alan bio, in the 1980s straight out of school he went to work for HEB grocery, the second largest grocery company in Texas and privately held. It was a $25 billion company run by CEO Charles Burt   In 1986, with the rise of Blockbuster started with just 30 to 40 stores. In 1987 HEB grocery started in the video business using Blockbuster as a model. They would own single location stores that were about 5 to 7000 ft.² in size.   H-E-B eventually opened 35 stores and was beating Blockbuster in sales had to head in the markets in Texas like San Antonio for example. A few years later HEB sold out to Hollywood Video and Hollywood Video went public.   In 1993 Alan got into franchises of Blockbuster working with Prime Cable. The business was struggling as Prime was not a retail company. They had 8 stores in Alaska and 10 stores in El Paso, Texas. Alan instituted the H-E-B model and was able to turn the stores around.   Blockbuster Business Model - Blockbuster legitimized the video business, and made it more professional than the original mom and pop stores that were not run well. Wayne Huizenga had bought Blockbuster early on when it just had 20 stores and he grew it fast.   The formula was simple - all movies regardless of whether they were new or old or rented for three day at $3. The demand for new movies was huge. Blockbuster could've charged more renting new movies.   Alan used the H-E-B grocery video model that was developed. Rent movies by the day and charge more for new releases. Older movie you could charge a $1 a day and people could keep the movie for 3 to 5 days.   There was actually a lot of demand for older movies, and they were 15,000 movie titles of older movies in demand.     Seg 3 Wayne Huizenga is a great CEO and businessman. He was the only man to build three fortune 500 companies, Waste Management, Blockbuster, and Auto Nation. Auto Nation was run by CEO Mark Jackson, and is the premier car dealership.   Wayne admitted he was more interested in building the thing, not running things. He also went on to buy the Miami Dolphins in football in the 1990s, and start the Florida Marlins baseball franchise.   Blockbuster stores were well run, attractive, and demand was high. Their franchise colors of blue black background and yellow Blockbuster writing on the sign were easily visible. They also picked very good real estate locations for their stores.   In 1994, Wayne sold Blockbuster to Viacom for $8.4 billion. In just seven years, built valuation from 1987 to 1994 when built up the business for a return of hundreds of percent. He paid $15 million, and sold it for $8.4 billion.   Viacom rolled the business into its total corporate structure and six years later they spun it off at a $1.5 billion valuation in six years, they lost 75% of the value of the business, it was poorly run.   Viacom was a TV company with major networks like Nickelodeon run by Sumner Redstone. He wanted to get involved in the movie business and use the Blockbuster purchase eventually to get Paramont studios.   Blockbuster when purchased was cash flowing $1 billion a year, it was making lots of money.   Steve Berrard was named the CEO of Blockbuster after the Viacom purchase, and only lasted one year. Then Bill Fields was brought in as the second Viacom CEO of Blockbuster.   Fields had a Walmart background, so he was hired for his experience in retail. He had no clue though how to run the video business. He also lasted less than one year, and the cash flow was starting to go negative.     Seg 4   1997 the DVD was introduced and this would change the movie and rental business. DVDs were created to be sold direct to consumer. 1997 is also the year that Netflix started with their DVD rental business through the mail. In 1999, the video rental business peaked at $10 billion a year in revenues. Post 1999 thru 2006 sales were flat to small growth.   1997 Blockbuster got their 3rd CEO, John Antioco, who served as Blockbuster CEO from 1997 through 2007. He also had a retail background and marketing. He had been at Taco Bell briefly, and prior to that he spent 20 years at 7-Eleven.   7-Eleven is a huge retail store that's really about location and real estate. They sell gas soda beer and cigarettes. They are not known for being great in retail. One thing John did as the new blockbuster CEO which was good, he started to engage with the franchisees.   In the late 1990s you were starting to see technology in the Internet slowly affect new businesses. When Netflix was created they always intended to be an Internet company,  it just took them 10 years to get where they wanted to be.   John running Blockbuster that stable to slow growth. He doubled top line revenue and doubled the amount of stores blockbuster had but the profit margins went down. Had its height in the early 2000s blockbuster at 5500 US stores and 3 to 4000 stores outside the US.   Blockbuster at the typical business fix cost of rent labor and taxes, which were slowly increasing year after year. Gross margin is just the rental revenue minus the cost of the product.   The cost of the DVD product have been cut in half by the early 2000s. DVDs were made cheaper as the movie business was trying to sell direct to consumer, and kill the rental business if possible.   The rental business revenues started flattening out post 2005. Sell through business for DVDs from movie studios was increasing every year, and had tripled in just a few years in sales.   In theory, Blockbusters gross margin should've gone up but instead was declining. They had the Proto typical business math problem of high costs and not enough sales.   The Great Recession of 2008 was really the beginning of the end for Blockbuster. By 2010 blockbuster and filed bankruptcy. It was the end of an era of a very strong stable business at one point for video sales rental.     Seg 5 – Bonus   Netflix started in 1997, with a business model of DVD rental via the mail. Even though Netflix only had a small portion of market share, by 2004 blockbuster felt compelled to compete with Netflix on the video rental via sales but failed.   Netflix originally did not have their subscription model. That model was added a few years in, circa 2007. In 2010, Netflix started adjusting their business model and experimenting heavily with streaming. The streaming business model for Netflix really didn't take off until post 2010.   Netflix created their AI recommendation model. This taught their subscriber base how to enjoy titles. Netflix overall model was customer centric. If a customer liked comedy Netflix could recommend 10 more comedies to them.   Another thing the customers loved was Netflix would release the full season of the TV series at one time. This created the streaming binge watch phenomenon. By contrast Blockbuster had tons of customer data but never did anything with that data. In theory Blockbuster could've been Netflix, and at one point almost bought Netflix.   Netflix original niche was renting older movies with the recommendation model. Netflix also created the queue system. Netflix sent titles in a customer's queue of 20 movies and would control what movies the customer would get sent in the mail.   In 1998, Blockbuster had to start a revenue sharing of profits with movie studios and this really hurt gross margin in the video rental business. Unit volume sales were not stable as time went on. Overall top line volume sounds was inconsistent.   Blockbuster at one point tried the subscription model, but physically in stores. It failed for it did not work in an actual brick and mortar retail store. Blockbuster in the mid-2000s used gimmick solutions which never really addressed the fundamental problems that were happening.   Reed Hastings of Netflix offered to sell the company to Blockbuster in 2000 for $50 million. Netflix wanted to join forces. Reed Hastings goal from day one, was to be an Internet company. Blockbuster was not able to work out the deal, so it never materialized.   Reed Hastings of Netflix was a true founder and original. He had vision. Founders may not be the best operators all the time, but they must have vision. There are some founders though who not only have vision, but also can be an operator. Examples are Reed Hastings of Netflix, Steve Jobs of Apple, Mark Zuckerberg with Facebook.   Wayne Huizenga was a founder, but not an operator. You go from the founder mentality to the operator mentality, but this never materialized in the history of Blockbuster.   Overall, Blockbuster management never really understood the business they were in. They were in the customer business, but never really focused on the customer. This is how over the long term they were beat out by companies like Netflix, and even Amazon.   Peter Drucker (famous business consultant) would ask the important question: ‘What business are you in?' – to understand who your customers are, what they need, and how to market and sell to your customer   Postscript: Alan Payne closed his last blockbuster store in 2018, and then wrote the Built to Fail Blockbuster book. He does not know what his next endeavor is….         If you enjoyed this show, you may like:  BRT Marketing: HERE BRT Business: HERE    Investing Topic: https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement     ‘Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT     Thanks for Listening. Please Subscribe to the BRT Podcast.     AZ Tech Roundtable 2.0 with Matt Battaglia The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.  AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.  Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…    AZ TRT Podcast Home Page: http://aztrtshow.com/ ‘Best Of' AZ TRT Podcast: Click Here Podcast on Google: Click Here Podcast on Spotify: Click Here                    More Info: https://www.economicknight.com/azpodcast/ KFNX Info: https://1100kfnx.com/weekend-featured-shows/   Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

August 29, 1997. Netflix is founded as a DVD rental service by American tech entrepreneurs Reed Hastings and Marc Randolph. This episode originally aired in 2023.Support the show! Join Into History for ad-free listening and more.History Daily is a co-production of Airship and Noiser.Go to HistoryDaily.com for more history, daily.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

It's the season finale of Entrepreneur Elevator Pitch and the final chance for one more round of entrepreneurs to secure life-changing investments from our board. As always, entrepreneurs have 60 seconds to pitch their big ideas. If our board of investors likes what they hear, the elevator doors open, and negotiations begin. And if they don't like what they hear? "I'm not in the business of wasting time," says investor Rogers Healy, owner and CEO of Morrison Seger Venture Capital Partners. It can be brutal, but don't get it wrong — investors might quickly turn down pitches, but when they see something they like, they pounce. "I cannot wait to see what happens if he gets into the boardroom!" says investor Marc Randolph, co-founder of Netflix, after hearing one particularly intriguing concept. Find out this week on Entrepreneur Elevator Pitch. Going up!

It's the season finale of Entrepreneur Elevator Pitch and the final chance for one more round of entrepreneurs to secure life-changing investments from our board. As always, entrepreneurs have 60 seconds to pitch their big ideas. If our board of investors likes what they hear, the elevator doors open, and negotiations begin. And if they don't like what they hear? "I'm not in the business of wasting time," says investor Rogers Healy, owner and CEO of Morrison Seger Venture Capital Partners. It can be brutal, but don't get it wrong — investors might quickly turn down pitches, but when they see something they like, they pounce. "I cannot wait to see what happens if he gets into the boardroom!" says investor Marc Randolph, co-founder of Netflix, after hearing one particularly intriguing concept. Find out this week on Entrepreneur Elevator Pitch. Going up!

Because you watched Diary Of A CEO: the path to Netflix's $300 billion empire  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. In this conversation, Marc and Steven discuss topics such as, the importance of pride in work, the pitch that almost ruined Netflix, how Marc overcame $50 million of debt, and the one decision that saved Netflix.  (0:00 Intro) (01:37) What's your mission? (03:12) Why did you write this book? (04:25) Your journey to Netflix, what got you there? (07:51) Meeting your Netflix co-founder (09:28) Searching for a business idea (13:03) How to know if you've got a winning business idea (17:45) The importance of stress testing your idea (22:11) Being too romantic about your idea (25:19) Netflix's early years (32:12) Exploring the potential of selling to Amazon (36:44) What was Jeff like in 1999? (37:29) Stepping down as CEO (46:21) What was it that he had that he thought was better? (47:41) Having tough conversations (51:37) What makes Reed so successful? (52:55) Hard work: does it matter? (59:14) How to find the perfect product-market fit (01:03:11) The moment Netflix turned on subscriptions it changed everything (01:10:36) How many tests should we be conducting? (01:12:16) Getting employees to conduct more tests (01:14:24) Your dad passing away (01:19:58) The dot-com crash (01:24:01) Getting the call from Blockbuster to buy Netflix (01:30:37) Blockbuster nearly took Netflix down, until their CEO left (01:34:41) Leaving Netflix (01:39:47) Netflix culture (01:50:57) Your relationship and commitment to date nights (01:57:13) 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://g2ul0.app.link/jeSxs0R1FLb  Watch the episodes on Youtube - https://g2ul0.app.link/DOACEpisodes  My new book! 'The 33 Laws Of Business & Life' is out now - https://g2ul0.app.link/DOACBook  You can purchase the The Diary Of A CEO Conversation Cards: Second Edition, here: https://g2ul0.app.link/f31dsUttKKb  Follow me: https://g2ul0.app.link/gnGqL4IsKKb  Sponsors: PerfectTed: https://bit.ly/PerfectTed-DOAC with an exclusive code DIARY40 for 40% off Learn more about your ad choices. Visit podcastchoices.com/adchoices

On this episode, of #ThePlaybook, Marc Randolph, Co-founder and the first CEO of Netflix, sits down to discuss: [5:38] - The decision to try and combine forces with Blockbuster and why it failed [7:46] - How to properly handle being told “that will never work” [9:43] - Why breakthroughs in business are exactly like geologic change [15:01] - The reason he says all ideas are bad (and why you should not hesitate to try and figure it out anyway) Learn more about your ad choices. Visit megaphone.fm/adchoices

Entrepreneurs seeking funding will hear a "no" a lot, but it only takes one yes for your business to take off. This week's contestants are determined to turn nos into yeses and walk out of the boardroom with life-changing investments. What advice should they keep in mind? According to investor Marc Randolph, “everything you say after your initial pitch should make your business clearer, more compelling and more powerful.” That's easier said than done, especially once the elevator doors open. Find out who rises to the occasion and who takes the elevator back down on this episode of Entrepreneur Elevator Pitch. Going up!

Entrepreneurs seeking funding will hear a "no" a lot, but it only takes one yes for your business to take off. This week's contestants are determined to turn nos into yeses and walk out of the boardroom with life-changing investments. What advice should they keep in mind? According to investor Marc Randolph, “everything you say after your initial pitch should make your business clearer, more compelling and more powerful.” That's easier said than done, especially once the elevator doors open. Find out who rises to the occasion and who takes the elevator back down on this episode of Entrepreneur Elevator Pitch. Going up!

*Special Summer Replay*   You would think the most brilliant of entrepreneurs would rarely face failure. After all, didn't they just come up with one genius idea and money started flooding in? Not the case for Netflix co-founder, Marc Randolph. The truth? Marc was told, “That will never work,” more times than he could count. In this vulnerable conversation, Marc shares the challenges and harsh rejection he faced during the early days of Netflix and peels back the curtain of the often-glamorized world of entrepreneurship. And he says the problems you see every day in your business or your job could be your golden ticket to big profits. Subscribe and listen now to my conversation with Marc on Apple Podcasts and Spotify!   You Will Learn That: • You build skills by doing them • Pain is the parent to ideas • Entrepreneurship is a grind • There is no easy way • There's always a reason not to do something • Why you should think less and do more • If you wait, you're too late • Nobody knows anything   Quotes: • “The way you learn to make better decisions is by making decisions.” – Marc Randolph • “Start small, build momentum. And that allows you to bet on yourself and place bigger bets because you can be confident in your own abilities.” – Derrick Kinney • “Once you've learned to really articulate the problem and see the problem clearly, almost without even thinking about it, ideas begin popping into your mind.” – Marc Randolph • “And it was this realization at that moment that there was no easy way. There was no trick. There was no magic bullet. There wasn't a way around. And, as my Dad used to say, ‘Sometimes the only way out is through.'” – Marc Randolph • “If you don't start, you're never going to get anywhere. There's always a reason not to do something.” – Marc Randolph • “So, the lesson there is, you can't over commit. Whatever you think is an overcommitment is probably just barely enough to land that trick.” – Marc Randolph • “The uncertainty is everything. If you wait until you can see around the corner enough to be confident that your idea is going to work, I guarantee you're too late.” – Marc Randolph • “The most important skill of a good entrepreneur is, are they creative and clever enough to figure out ways to try their ideas that are quick, simple, and cheap? Because then they can try hundreds of ideas.” – Marc Randolph   Are you a financial advisor? Join the exclusive email list for financial advisors HERE.    Get access to Simple Teen Success HERE.   Order your copy of the USA Today and Wall Street Journal bestselling book Good Money Revolution here: https://amzn.to/34hSonE   Book Derrick to speak at your next event HERE.   For daily tips to help you make and save money, follow us on Instagram @derricktkinney   

Today, we're diving into the importance of showing up every day, no matter what. Inspired by a story about Netflix co-founder Marc Randolph backing up his first baseman, I explore how consistent effort, even when unnoticed, leads to success. This episode is about the hard truth: your daily grind may often go unrecognized, but it's crucial for long-term wins. We'll discuss the significance of being reliable, the unseen efforts that make a difference, and why you must keep pushing forward, even when it feels thankless. If you're serious about making an impact, this episode is for you.#RickJordan #Podcast #ConsistenceEpisode References: Connect:Connect with Rick: https://linktr.ee/mrrickjordanUniversal Rate & Review: https://lovethepodcast.com/allinwithrickjordanSubscribe & Review to ALL IN with Rick Jordan on YouTube: https://www.youtube.com/c/RickJordanALLIN

What does it take to be a successful entrepreneur?According to leadership coach Mike O'Neill's latest guest, it's not what you think.In this revealing interview, product design expert Quentin Barrial shares his winding path to entrepreneurship - from living in 6 countries to starting multiple businesses. And he's learned to embrace an unconventional measure of success along the way.As Mike digs deeper, Quentin recounts a pivotal moment: pitching his kitchen utensil company to Netflix co-founder Marc Randolph. The feedback? Let's just say it wasn't pretty. But for Quentin, that harsh criticism was a turning point. "The parts that I love were the parts where I completely failed," he tells Mike.The veteran coach draws out powerful insights from Quentin's story, exploring what fuels his passion for solving problems across industries. Quentin also shares his vision for a product incubator that provides the kind of honest advice entrepreneurs need to hear.Throughout the conversation, Mike reflects on his own journey from the corporate world to coaching, relating to Quentin's experiences of feeling "stuck" and learning to push through.Key points to look out for:• How Quentin's global background and diverse entrepreneurial experiences have shaped his unconventional approach to measuring success and embracing failure• Mike's insightful questions that uncover the surprising traits and mindset shifts essential for entrepreneurs to overcome obstacles and keep innovating• Quentin's vision for creating a product incubator that provides honest, direct feedback to help founders solve problems and bring game-changing ideas to lifeIf you've ever faced challenges on your entrepreneurial path, this episode will inspire you to see them in a new light. As Mike and Quentin show, failure isn't the end of the road - it's an essential part of the journey.Find all the show notes and links here: https://www.unstuck.show/176

Netflix è appena nata e Reed Hastings e Marc Randolph sono pieni di idee per rivoluzionare il mondo del videonoleggio. All'orizzonte si intravede però l'ombra di un nemico molto più grande di loro, un nemico pronto a tutto pur di spazzarli via dalla faccia della terra.

Ep. 180: Baseball shaped the founder of the company that grew to more than 250 million subscribers and fundamentally altered how the world experienced media. Lessons include: What playing second base taught Marc about the importance of good daily habits. Why Netflix decided to have no vacation policy or travel policy. How to develop managers to be excellent evaluators of talent. Our BONUS RESOURCE for this episode includes Don's favorite quotes from today's episode and a reflection question so you can apply Marc's insights.  --- Looking for a speaker for your next event? From more than 30 years of interviewing and studying the greatest winners of all time Don offers these live and virtual presentations built to inspire your team towards personal and professional greatness.  Special thanks to Nicklas Urban and Samantha Clark for making this episode possible.

Just over three years ago (May 2, 2021), I chatted with the co-creator of Netflix, Marc Randolph. I'm not sure what I expected but I was blown away by his humility, integrity, life philosophy, brilliant mind and conversational integrity; he was fully aware, present, engaged and happy to chat with the bogan from the bush. I loved this chat.See omnystudio.com/listener for privacy information.

Jason Fried is a co-founder and CEO of 37signals, the company behind Basecamp and HEY. Together with his business partner David Hannemeier Hanson, Jason co-authored seminal entrepreneurship books Rework, Remote, and It Doesn't Have to Be Crazy at Work.This episode was originally published on the Metacast podcast, episode 28 in July 2023.Do you love audio podcasts?Try Metacast podcast app at metacast.app.Join our Reddit community at r/metacastapp.Segments[03:17] Introduction of Jason and 37signals [05:38] Founder role vs. CEO role [08:37] Working with the same co-founder for 20 years [11:10] Disagreements between founders [13:31] Disagree and commit principle [15:14] The business side of things (numbers, accounting, etc.) [18:17] On costs and profitability [21:01] Intentionally keeping the company small [24:01] Managing risk [26:11] Jeff Bezos' investment [32:34] Working on several products at the same time [33:31] Six-week cycles vs. long-term projects [38:50] Evolution of 37signals [44:45] Keeping products until the end of the Internet [47:28] Calm companies [48:38] Listening to customer feedback [54:25] Jason's email is public. Is this a good idea? [58:07] Employee performance reviews and fixed salaries [59:45] Can the "calm company" mindset work in big companies? [01:05:51] How does one find a calm company to work for? [01:08:46] Publishing books [01:11:38] On being contrarian and no politics at work PodcastsRework#496: Marc Randolph on Building Netflix, Battling Blockbuster, Negotiating with Amazon/Bezos, and Scraping the Barnacles Off the Hull on The Tim Ferriss ShowBooksReworkGetting RealIt Doesn't Have to Be Crazy at WorkShape UpMaverick by Ricardo SemlerBlog postsFounder & CEO is kinda a BS title by Jason FriedBasecamp's new etiquette regarding societal politics at work by DHHBut what if you're wrong? by DHHGet in touch!Send us an email at hello@buildersgonnabuild.comSubscribe to newsletter at buildersgonnabuild.comMetacast: Behind the scenes - "build in public" style podcast and newsletter at metacastpodcast.com

Zack Guzman is Founder of Trustless Media. We discuss:- Trustless Media overview & being backed by Netflix cofounder Marc Randolph - Coinage media and Best Dish Ever shows- Giving NFT holders ownership and disrupting legacy media - Could Mr. Beast use a Web3 model to boost engagement and branding - AI Deepfakes and Blockchain - Crypto market Outlook- Bitcoin ETFs

In my podcast conversations with authors, anthropologists, creatives, and change-makers, we often delve into their personal stories, encompassing their triumphs and setbacks, as well as their spiritual practices and strategies for leading a more fulfilling life.However, today's conversation is a bit different from the norm.Today, I'm privileged to engage in conversation with Sun Yi, a distinguished personal branding expert and the visionary founder of Night Owls, an acclaimed digital agency catering to esteemed clients like Mel Robbins, Jay Shetty, Marc Randolph, and Gabby Bernstein.Despite Sun's professional collaborations with prominent figures in the self-transformation space, he boldly admits his disinterest in practices such as yoga, mantras, or the ritual of smudging his home. Yet, his online presence, characterized by candid insights, thought-provoking slogans, and astute business counsel, immediately captivated my attention, resonating deeply with me as both an occasional social media gawker and a prospective client.Upon delving further into Sun Yi's work, I eagerly enrolled in his three-month marketing mentorship program. Through this journey, I gained invaluable lessons on branding, marketing tactics, the art of storytelling, authenticity, and the significance of prioritizing both customer service and personal fulfillment.Sun Yi's multifaceted expertise extends beyond his role as an entrepreneur and storyteller; he's also a TEDx speaker and the driving force behind Night Owls and Night Owl Nation. With over 20 years of experience in digital branding, Sun has helped brands go from virtual zero revenue to $1 billion. He is passionate about teaching and has taught over 22,000+ students through his online course, The Art of Storytelling for Freelancers and Creators. In 2022, he started Night Owl Nation, a global community of entrepreneurs and creators who practice storytelling together.During our conversation, Sun Yi candidly reflects on his upbringing in Korea and subsequent immigration to the United States at the age of 10, where he endured years of bullying. These experiences shaped his resilience, reinforcing his sense of self while occasionally challenging his capacity for humility.Through the highs and lows of his professional journey, including almost losing his marriage to the love of his life Gigi, Sun Yi arrived at a profound realization: true success hinges upon establishing authentic human connections with customers. He highlights the importance of active listening, genuine care, and a service-oriented approach as the most potent tools in the realm of marketing and branding.Sun Yi's authenticity, humor, and candid anecdotes will undoubtedly leave a lasting impression, offering not just marketing and branding insights but also a sense of camaraderie amidst life's ebbs and flows. His message is clear: by embracing the present moment, we unlock the fullest potential of our lives.Love,MollyLearn more about Sun Yi and his work hereFollow Sun Yi on LinkedIn, Facebook, X (Twitter), & InstagramMolly has a new website! Check it out hereConnect with Molly on Instagram and Facebook

You would think the most brilliant of entrepreneurs would rarely face failure. After all, didn't they just come up with one genius idea and money started flooding in? Not the case for Netflix co-founder, Marc Randolph. The truth? Marc was told, “That will never work,” more times than he could count. In this vulnerable conversation, Marc shares the challenges and harsh rejection he faced during the early days of Netflix and peels back the curtain of the often-glamorized world of entrepreneurship. And he says the problems you see every day in your business or your job could be your golden ticket to big profits. Subscribe and listen now to this special replay episode with Marc on Apple Podcasts and Spotify!   You Will Learn That: You build skills by doing them Pain is the parent to ideas Entrepreneurship is a grind There is no easy way There's always a reason not to do something Why you should think less and do more If you wait, you're too late Nobody knows anything Quotes: “The way you learn to make better decisions is by making decisions.” – Marc Randolph “Start small, build momentum. And that allows you to bet on yourself and place bigger bets because you can be confident in your own abilities.” – Derrick Kinney “Once you've learned to really articulate the problem and see the problem clearly, almost without even thinking about it, ideas begin popping into your mind.” – Marc Randolph “And it was this realization at that moment that there was no easy way. There was no trick. There was no magic bullet. There wasn't a way around. And, as my Dad used to say, ‘Sometimes the only way out is through.'” – Marc Randolph “If you don't start, you're never going to get anywhere. There's always a reason not to do something.” – Marc Randolph “So, the lesson there is, you can't over commit. Whatever you think is an overcommitment is probably just barely enough to land that trick.” – Marc Randolph “The uncertainty is everything. If you wait until you can see around the corner enough to be confident that your idea is going to work, I guarantee you're too late.” – Marc Randolph “The most important skill of a good entrepreneur is, are they creative and clever enough to figure out ways to try their ideas that are quick, simple, and cheap? Because then they can try hundreds of ideas.” – Marc Randolph   Free Valuable Report for our Listeners: “3 Beliefs About Money Your Kids Should Learn that No One is Teaching Them”   Recommended Resources:   • That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea by Marc Randolph (https://amzn.to/38EJw9U)   Get access to Simple Teen Success HERE Order your copy of the USA Today and Wall Street Journal bestselling book Good Money Revolution here: https://amzn.to/34hSonE Ready to take your business to the next level? Schedule a call with Derrick today here: www.GoodMoneyFramework.com/consulting For daily tips to help you make and save money, follow us on Instagram @derricktkinney

On the new episode of "Elevator Pitch," our investors need to contend with some serious trust issues. Tech entrepreneurs face a particular obstacle: how do you explain your complex solution to a complicated problem in simple terms that all investors can understand? It isn't easy — but nothing is easy when you sign up to appear on . This is the show where entrepreneurs have just 60 seconds to pitch their company to a board of investors in the hopes of landing a life-changing investment. One tech founder wows the board with his 60 seconds but leaves some heads a bit scrambled. "I need the fifth-grade explanation of that pitch!" laughs Pinky Cole, founder and CEO of Slutty Vegan. Marc Randolph, co-founder of Netflix, agrees: "You're not the only one feeling a little lost — he managed to fit more buzzwords into that minute than I've ever heard before." Can he overcome this hurdle, plus the small question of whether or not he has a criminal background? Find out by watching the new episode of Elevator Pitch!

Marc Randolph's entrepreneurial journey and insights offer valuable lessons for aspiring startup founders. The key takeaway is to take action, validate ideas swiftly, and leverage available resources effectively. Venture capital remains a crucial part of the startup ecosystem, but it requires a strong foundation of tested concepts.In this episode, we dive into the early days of Netflix and explore invaluable lessons in entrepreneurship with Marc Randolph, the co-founder of Netflix and a seasoned entrepreneur with over 40 years of experience. Marc shares his insights on getting started, validating ideas, and the role of venture capital in today's startup landscape.Topics Covered:The importance of getting your idea out of your head and into the real world. [00:51]Stop thinking and start doing; collide your idea with reality. [01:38]How to approach validating an idea and breaking it down. [03:10] Testing the fundamental premise of an idea quickly and cheaply. [04:27] Example of validating a clothing sharing idea. [05:03] The role of VCs in entrepreneurship and the need to demonstrate a good idea. [06:58] The ease of execution with today's technology and VC support. [09:05] Connect with us:Perfectly Mentored InstagramWatch the Interviews on YouTubePerfectly Mentored FacebookConnect with Mitch Garber:InstagramWebsiteLinkedInTwitterConnect with Jason PortnoyWebsiteInstagramWant to see how Jason and his team can help you grow your business? CLICK HERELike the episode? Watch and support us on YouTube

Marc Randolph is the Co Founder and first CEO of Netflix. In this interview Marc and I dive deep into the creation and founding of the global entertainment titan, Netflix. Instagram: https://www.instagram.com/thejacoboc/ Marc's Instagram: https://www.instagram.com/thatwillneverwork/ https://www.marcrandolph.com/about/

You never know what is going to happen when big ideas and big money collide. As we learn in this episode, pitch meetings can be pretty unpredictable. A simple word or phrase can change everything on a dime — sometimes for the best and sometimes for the worst. Our contestants also get a lesson in long-term success from investor Marc Randolph, who has this to say: "Customers shouldn't come and go, they should come and stay. So look for ways to turn your customer base into a community with social media, in-person events or inviting customers to join an advisory board. You will not only gain valuable insights, but you will turn your customers into your no. 1 fans."

Netflix pasa de ser una empresa de streaming a un movimiento en el que los consumidores de todo el mundo deciden qué ver, cuándo y cómolo ven. El futuro que imaginaron Reed Hastings y Marc Randolph dos décadas antes ha llegado. El reinado sin restricciones de la televisión por cable ha terminado.En 2019, la adquisición por parte de AT&T de la empresa matriz de HBO, Time Warner, genera aún más confusión en el futuro de HBO. En un mundo posterior a Game of Thrones, ¿puede sobrevivir la red de cable? ¿O se completará la marcha de Netflix hacia la dominación?See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Hear from veteran Silicon Valley entrepreneur Marc Randolph, the co-founder and founding CEO of Netflix. He's mentored hundreds of early stage entrepreneurs and helped seed dozens of successful tech ventures, in addition to many unsuccessful ones.  Marc is the author of the bestselling book, "That Will Never Work: The Birth of Netflix and the Amazing Life of An Idea".

"I have been at the inception points of three companies-Intuit, Netflix and Mozilla Firefox. And now I'm just trying to give back as many lessons as possible” Jim Cook  Jim Cook shares his front row experience as first finance hire at streaming giant Netflix. He reveals the finance business partnering lessons learned from supporting fellow co-founders Marc Randolph and Reed Hastings building the company from obscurity to one of the biggest brands in the world. How did finance at Netflix contribute to the  design of  the first red envelopes? What are his lessons that can transform your FP&A? In this episode: Coping with unrealistic budgets experience at fast-growing startups What it's like as Finance Hire #1 at Netflix Rebirthing the browser market at Mozilla Firefox Lessons from M&A and IPO at Intuit   Lessons to deliver blockbuster FP&A  The FP&A as CEO  The power of a “listening tour and finance partnership” Using your voice in FP&A  What storytelling really means for a finance professional Two strategic finance moments that changed the game for Intuit and Mozilla Links from the Show Netflixed by Gina Keating (Amazon) That Will Never Work, Mark Randolph (Amazon) Netflix versus the World. (Full Documentary, YouTube) Five lessons I learned from Netflix – Jim Cook Contact Jim Cook on LinkedIn Email jimCook@benchboard.com

The new Godzilla trailer, Minus One' is here. Marc Randolph, the Netflix co-founder lets us know he actually paus for his subscription. Oprah & Dwayne Johnson beg for Maui donations. GTA 6 is rumored to be $150. Woman claims to be hit with a brick after refusing to give her number to a guy. Follow me on Twitter & Instagram: asiddavis Podcast IG: ethesocialintrovertpodcast Podcast Twitter: SocialintroPod Send emails to: thesocialintrovertpodcastegmail.com Music featured: Intro Song: Boldy James & ChanHays - Flashback UKnoWhut? (Feat. Blu) Kota The Friend - Red Lights (Feat. Hello O'shay) Outro Song: Emotional Oranges - Not Worthy (Feat. Nonsa Amadi) --- Send in a voice message: https://podcasters.spotify.com/pod/show/the-social-introvert/message

Este es el Episodio 1 de una serie de 8 partes sobre la brutal guerra de negocios entre Netflix y Blockbuster, y luego HBO.Todo comenzó alrededor de 1997, con un hombre llamado Marc Randolph y su amigo matemático Reed Hastings. Randolph y Hastings sabían que tendrían que enfrentarse a Blockbuster, pero lo que no anticiparon fue que su modelo de negocio modificaría las redes de televisión y eventualmente cambiaría toda la industria cinematográfica.Esta fue una guerra total de 8 años que dejó innumerables víctimas a su paso: miles de edificios vaciados y pérdidas económicas de miles de millones.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

August 29, 1997. Tech entrepreneurs Reed Hastings and Marc Randolph found Netflix, a new DVD rental service that will transform the entertainment industry. Support the show! Join Into History for ad-free listening and more.History Daily is a co-production of Airship and Noiser.Go to HistoryDaily.com for more history, daily.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On the season nine finale of "Entrepreneur Elevator Pitch," find out what happens when entrepreneurs with big ideas meet investors with big money. You can have an amazing product, plenty of sales and great traction, but none of that means anything if you're pitching the wrong person. So says Marc Randolph on the season nine finale of Entrepreneur Elevator Pitch. "Don't waste your time on somebody who is never going to bite," he cautions. It's great advice, but luckily for this week's contestants, not an issue they'll need to contend with. It's the last episode of an epic season of Elevator Pitch, and our board of investors is eager to sink their teeth into some tasty deals. As always, this week's entrepreneurs were challenged to step into an elevator and win over investors in just 60 seconds. Some of our contestants on this week's episode got through the elevator doors and into the boardroom, where they scored life-changing deals. And others...did not.

Imagine you're the CEO and co-founder of a startup that's struggling to grow. Then, someone gives you a PowerPoint presentation on why you should step down. Oof. That's exactly what happened to Netflix's co-founder Marc Randolph. But you know what? It was the best thing that could have happened to him. Jason uses Marc's story, plus a few personal tales, to give a three-step plan for identifying what you're best at and doing more of it. Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you ever wondered what you would do without Netflix? Joining Jessica is someone whose work has helped all of us find entertainment and virtually escape: the co-founder and founding CEO of Netflix, Marc Randolph. Marc is a veteran Silicon Valley entrepreneur, advisor, and investor. He is also the author of That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea and host of a new podcast by the same name. Today, Marc and Jessica discover how the story of Netflix is more than just the inception of a culture-changing business; it's a lesson in living intentionally and making priorities for all aspects of life.

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Key notes from the episode:Will Ahmed, founder and CEO of Whoop, shares about how he built his company at a young age and what it takes to be a great leader (00:15)Richard “RB” Motto, founder and CEO of Stage 32, shares what led him to build his own platform to film television and digital content creators dedicated to business world-wide (01:30)Marc Randolph, co-founder of Netflix, shares how he proved everyone wrong, how his crazy ideas became reality, and how he started his own podcast and authored a book entitled ‘That Will Never Work'.  (02:28)Alex Morton, best selling author and speaker, shares his roller coaster entrepreneurial journey and major financial and physician struggles before making it to the top (04:00)Brad Lea, an author, podcaster, CEO of LightSpeed VT, shares how creating and building connections and relationships helped him grow his career and knowledge (06:30)Be raw and real when helping people so they can become the best versions of themselves (08:09)Comparing yourself to other successful entrepreneurs won't do you good. Focus on working on yourself (09:00)Having a predisposition to act and execute is one of the major keys to success (12:43)Voice out your ideas and act on them (13:32)Identify and build your audience, make sure you bring value to them (16:38)Law of attraction and manifestation (18:35)Instead of being a salesperson, be a help person. Have empathy (20:35)Learn the fundraising process, build relationships, and get investors (22:07)Be super clear about what you want and knowing your vision, and finding the right vehicle and mentors (26:54)“If you love starting something, figuring things out, and sitting around the table with super smart people solving problems - it's the best career” (28:36)This episode is packed with energy, wisdom, and passion and we know you will get a ton of value from this.To keep up with Will, follow him on Instagram @willahmed or his website https://www.whoopunite.com/To keep up with Marc, follow him on Instagram @marcrandolph or his website  https://marcrandolph.com/To keep up with Brad, follow him on Instagram @therealbradlea or his website https://bradlea.com/To keep up with RB, follow him on Instagram @rbwalksintoabar or @stage32To keep up with Alex, follow him on Instagram @alexmortonmindset or his website https://breakthecodeevent.com/Learn more by visiting our website at www.theradcast.comSubscribe to our YouTube channel https://www.youtube.com/c/RadicalHomeofTheRadcastIf you enjoyed this episode of The Radcast, Like, Share, and leave us a review!

Netflix co-founder and veteran Silicon Valley entrepreneur Marc Randolph is our guest on this episode.  He's mentored hundreds of early stage entrepreneurs and helped seed dozens of successful tech ventures, in addition to many unsuccessful ones.  Marc is the author of the bestselling book, "That Will Never Work:  The Birth of Netflix and the Amazing Life of An Idea".  His website is https://marcrandolph.com/   Note: This episode was previously aired.   Thanks to our sponsors of this episode!:   Shopify is the all-in-one commerce platform that makes it simple for anyone to start, run and grow your own successful business.  With Shopify you'll create an online store in your vibe, discover new customers, and grow the following that keeps them coming back.  Every minute — new sellers around the world make their first sale with Shopify — and you will too.  Our “Nobody Told Me!” listeners can try Shopify for free and start selling anywhere.  Sign up for a free trial at shopify.com/nobody. (nobody should be in lowercase)

Welcome to another episode of The Radcast! In this episode on The Radcast, host Ryan Alford talks with Marc Randolph, Netflix Co-Founder, Entrepreneur, Mentor & Investor.In this episode of The Radcast, Marc discusses his experiences as the co-founder and the first CEO of Netflix. He talks about the most important lessons he has learned, and how his life changed after he left Netflix. Marc also shares how his path to mentorship started and dissected how to reconcile the fact that not everyone can be the boss to his mentees. Marc also shares the ingredients or ‘growth formula' for companies to truly grow and discusses his book, "That Will Never Work", his motivation to write it, and more...Marc also has a quick take on RAD or FAD trending topics;TikTokOnline CoachingTom BradyThe Matrix 4Learn more about Marc Randolph: https://marcrandolph.com/ . Follow Marc on LinkedIn: linkedin.com/in/marcrandolph ; Instagram @thatwillneverwork and Twitter: @mbrandolphIf you enjoyed this episode of The Radcast, let us know by visiting our website www.theradcast.com. Like, Share and Subscribe on our YouTube account https://bit.ly/3iHGk44 or leave us a review on Apple Podcast. Be sure to keep