Marc Randolph - Co-Founder & First CEO of Netflix | Building a $100 Billion Dollar Company

Success Story with Scott D. Clary

Success Story Media

Business, Careers, Self-improvement, Education, Entrepreneurship

4.6 • 1.9K Ratings

🗓️ 24 July 2022

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

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Summary

➡️ Like The Podcast? Leave A Rating: https://ratethispodcast.com/successstory ➡️ About The Guest⁣ Marc Randolph is a veteran Silicon Valley entrepreneur, advisor, investor, and keynote speaker. Marc was co-founder of the online movie and television streaming service Netflix, serving as their founding CEO, as the executive producer of their website, and as a member of their board of directors until his retirement in 2004. Although best known for starting Netflix, Marc's career as an entrepreneur spans more than four decades. He's been a founder of more than half a dozen other successful start-ups, a mentor to hundreds of early-stage entrepreneurs, and an investor in numerous successful (and an even larger number of unsuccessful) tech ventures. ➡️ Show Links https://www.instagram.com/thatwillneverwork/ https://twitter.com/mbrandolph/ https://www.linkedin.com/in/marcrandolph/ ➡️ Podcast Sponsors HUBSPOT - https://hubspot.com/ ➡️ Talking Points⁣ 00:00 - Intro 02:02 - Marc Randolph's origin story 05:15 - The origin story of Netflix 08:26 - Marc’s Co-Founder relationship with Reed Hastings 13:30 - How did Marc validate the first iteration of Netflix was a viable business option? 19:01 - What is Marc Randolph's core theme? 20:51 - What is the concept of “no ideas are good ideas”? 24:30 - What does Marc think about why a lot of entrepreneurs over-iterate the MVP? 32:57 - How to balance chasing after attractive products and giving up on a viable business idea? 47:22 - While creating Netflix, what was the culture and how did Marc survive? 50:22 - Why did Marc Randolph leave Netflix and move on to something else? 53:09 - Was Marc Randolph always self-aware of what he was doing throughout his career? 55:59 - What is Marc Randolph doing nowadays and what is the role of his podcast? 58:36 - What was the biggest challenge Marc faced in his life? 1:00:00 - What would Marc tell his 20-year-old self? 1:00:42 - Most impactful person in Marc’s life 1:02:00 - Marc’s book or podcast recommendation 1:02:45 - What does success mean to Marc Randolph? 1:04:27 - How can people connect to Marc Randolph? Learn more about your ad choices. Visit podcastchoices.com/adchoices Our Sponsors: * Check out Factor: http://factor75.com Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	So I haven't worked with a lot of wine or liquor or alcohol sponsors, but I'm very happy that
0:05.2	Justin Wines reached out. They wanted to work with me and sponsor the podcast. Whether or not you're
0:09.4	buying wine for yourself or you're looking for corporate gifting or gifts for friends and family,
0:14.0	they got you covered. They recently sent me some of their wines, including the caps of their
0:17.8	flagship wine. I saw sleeves and their award-winning justification. I cannot wait to share these with
0:23.2	friends and family and also drink some myself. Justin Wines has been crafting exceptional wines since
0:28.4	1981 with world-class Bordeaux style wines. Justin basically put Paso Robles region on the wine
0:35.8	making map. They thoughtfully produce wines with boutique wine-making practices and it is the
0:41.2	perfect gift for loved ones. Gifting with Justin is effortless. You pick your wine, you select the
0:46.8	box, you add a personal message and you leave the rest to them. You could be gifting yourself if
0:51.8	you want to. I'm not holding any judgment. Shop all of their exceptional wines at JustinWine.com
0:57.5	and be sure to use promo code success to receive 15% off your order today.
1:03.2	Welcome to success story, the most useful podcast in the world. I'm your host, Scotty Clary.
1:08.3	The success story podcast is part of the Blue Wire podcast network as well as the HubSpot
1:13.6	podcast network. The HubSpot podcast network has other great podcasts like Marketing Made Simple Hosted
1:20.0	by Dr. J.J. Peterson. Marketing Made Simple brings you practical tips to make your marketing easy
1:26.4	and more importantly make it work. If you like any of these topics, you definitely want to go check
1:31.4	out the show. How to write and deliver a captivating speech, how to market yourself into a new job,
1:37.2	how design can help and also hurt your revenue, creating a social media ad strategy that actually
1:43.9	works. If these topics resonate with you, go check out Marketing Made Simple wherever you get your
1:50.5	podcast. Today my guest is Mark Randall. Mark is a veteran Silicon Valley entrepreneur,
1:55.9	advisor, investor, and keynote speaker. He was the co-founder of the online movie and television
	...

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