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Motley Fool Hidden Gems Investing

Change Equals Opportunity

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 17 February 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

Did Netflix kill the video star? James Keyes is the former CEO of Blockbuster and 7-Eleven, and the author of “Education is Freedom: The Future Is in Your Hands.” Deidre Woollard caught up Keyes to discuss: - What it is like to be a CEO at a company facing bankruptcy. - 7-Eleven and the American Dream. - Blockbuster’s early streaming play - How AI is changing education. Company discussed: NFLX Host: Deidre Woollard Guest: James Keyes Producer: Ricky Mulvey Engineer: Tim Sparks Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

There is far more learning in the blockbuster story if people would dig in and

0:06.7

understand it a little bit better because really what happened was not blockbuster's

0:11.4

failure to keep up with technology.

0:13.3

In fact, people don't even know this,

0:15.4

but blockbuster partnered with Enron in the early 2000,

0:20.9

like 2004 or something, to try to come up with the first streaming video capability.

0:27.0

I'm Ricky Mulvey and that's James Keys.

0:32.5

He was the former CEO of Blockbuster in 711,

0:35.5

also got a book out called Education is Freedom.

0:38.5

The future is in your hands.

0:40.0

My colleague Deidre Woolard caught up with Keys

0:42.0

to talk about what he learned from 711 franchisees,

0:45.2

how micro rewards could transform education, and the less discussed parts of the

0:55.0

well, well Jim, you have had this really varied career.

0:59.0

It's led you through top organizations,

1:02.0

very important positions how has education

1:05.4

been a throughline for you it was by far the most important enabler for me and you

1:12.3

know interestingly I grew up first generation to attend

1:16.8

college none of my family brother sisters father mother so I had no idea I was a very typical young person who doesn't really know how or believe that it's possible.

1:28.0

And it made all of the difference in the world. I was fortunate enough to go through a four-year school, College

1:34.2

of Holy Cross, Massachusetts, was able to attend business school at Columbia Graduate School

1:40.2

of Business and it provided a platform really for opportunity and I think that's

...

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