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The Mindvalley Podcast with Vishen

Netflix Cofounder On How To Turn Dreams Into Reality - Marc Randolph

The Mindvalley Podcast with Vishen

Mindvalley

Education, Mental Health, Health & Fitness, Self-improvement

4.51.5K Ratings

🗓️ 29 July 2020

⏱️ 55 minutes

🧾️ Download transcript

Summary

‘People assume that Netflix has always been this successful. It isn’t true. We were tiny. We struggled.’

We are thrilled to be joined by the co-founder of Netflix, Marc Randolph. Tune in for a gripping interview with Vishen Lakhiani about the untold story of how Netflix went from concept to company. Get ready for some dramatic and insightful tales from the founder of one of the most iconic companies of our time.

Listen out for:

  • How Netflix went from concept to company.
  • Dog food, personalized shampoo, baseball bats and more - the numerous rejections Marc had to face before ultimately getting it right.
  • A piece of important advice for all aspiring entrepreneurs.
  • The amusing story behind the name ‘NETFLIX’.
  • ‘Use Your Best Judgement’ - The unique policy that defines Netlix’s work culture.
  • Marc’s biggest life achievement - (and it’s got nothing to do withNetflix!)

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***

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Transcript

Click on a timestamp to play from that location

0:00.0

I don't know how familiar your group here is with our culture but do they know about the

0:04.1

Netflix expense policy?

0:05.9

No.

0:06.9

There is none.

0:07.9

Do they know about their vacation policy?

0:11.0

There is none.

0:12.3

In fact, there are almost no policies that the only policy is the same one.

0:17.8

Use your best judgment.

0:21.0

Love that. I absolutely love that. That's such an incredible way of running a company.

0:25.6

I am Mission Lachiani, founder of Mind Valley, the School for Human Transformation.

0:30.1

You're listening to the Mind Valley Podcast where we'll be bringing you the greatest teachers and thought

0:34.4

leaders on the planet to discuss the world's most powerful ideas and personal growth for mind,

0:40.0

body, spirit and work.

0:42.0

The episode you're about to hear is a beautiful conversation with an entrepreneur that

0:48.0

you perhaps haven't heard of, but you've definitely heard of this product.

0:52.7

Meet Mark Randolph, the co-founder,

0:55.5

and the first CEO of Netflix.

0:58.4

Yes, the Netflix, that product

1:00.2

that you probably spend one to two hours a day hooked on while you're in quarantine.

1:05.8

Mark is an incredible soul and I'm currently reading his book that will never work.

1:12.1

That's the title of the book. That will never work and it's just an incredible book on entrepreneurship. I've

1:18.5

learned so much from just the first few chapters of this book. I'm fully hooked and I'm so excited to have

...

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