Impact Theory With Tom Bilyeu

The Ultimate Blueprint for Disrupting Industries: The Netflix Strategy | Marc Randolph (Archived Episode)

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Synopsis

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 ta