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The Story of Netflix – ‘Nobody knows anything!’

The Story of Netflix – ‘Nobody knows anything!’

I had a great time listening to Mark Randolph sharing The Story of Netflix yesterday – ‘Nobody knows anything!’ by Willian Goldman

 

As the founding CEO he shared insights and lessons learned about this exciting business journey. Below I am sharing some of my key notes:

 

  • Everyone who has ever taken a shower has had an idea. It’s the person who gets out of the shower, dries off, and does something about it that makes a difference.’ By Nolan Bushnell
  • Be the master of bad ideas
  • Live by the motto ‘Nobody knows anything!’ by William Goldman
  • Test all ideas quickly
  • You don’t need special training
  • You need tolerance for risk
  • Look for pain: What’s wrong? What do you know well?
  • Confidence & Persistence will let you know what works
  • Early testing is more important than perfection
  • If you can predict that your industry/ business is safe, optimize the crap out of it
  • If your industry changes, is challenged, keep the people who are ready and radical enough to change everything
  • #FunFact: Mark’s paternal great-granduncle was psychoanalysis pioneer Sigmund Freud

 

 

Read more:

TEDXSYDNEY PITCH NIGHT – 22 IDEAS, THOUGHTS & STORIES WHICH INSPIRE, AND INVITE TO WONDER AND PONDER

TEDXSYDNEY SALON – SPARKING LATERAL THINKING, DISCUSSION & DEBATE

NEEDED IT. DID IT. LOVED IT. AND… I WILL BE BACK. WHERE DO YOU GO WHEN YOU NEED TO REST & REJUVENATE?

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