The Creation of Netflix | Netflix Co-Founder, Marc Randolph
Finding Mastery with Dr. Michael Gervais
Dr. Michael Gervais
4.7 • 1.7K Ratings
🗓️ 15 April 2020
⏱️ 70 minutes
🧾️ Download transcript
Summary
This week’s conversation is with Marc Randolph, a veteran Silicon Valley entrepreneur, advisor and investor.
Marc is the co-founder of Netflix, served as their founding CEO, as the executive producer of their web site, and as a member of their board of directors.
Although best known for starting Netflix, Marc’s career as an entrepreneur spans more than four decades.
He's founded or co-founded more than half a dozen other successful start-ups, mentored rising entrepreneurs including the co-founders of Looker Data which recently sold to Google for $2.6B, and invested in numerous successful tech ventures.
He is a frequent speaker at industry events, works extensively with young entrepreneur programs, sits on the board of the environmental advocacy group 1% for the Planet, and chairs the National Outdoor Leadership School’s Board of Trustees.
In this conversation we discuss how he and co-founder Reed Hastings developed the idea for Netflix, how to create a strong organizational culture, and why focus is the key for any entrepreneur.
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Transcript
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| 0:00.0 | All of these exact same things that I learned over 40 years as an entrepreneur, all of these |
| 0:06.2 | little tips and tricks and secrets of how to break apart a problem about triage and focus and culture were equally valid no matter what |
| 0:17.4 | your dream was. |
| 0:19.2 | That everybody has these ideas and the process of taking an idea and making it real is the same |
| 0:25.8 | whether you're trying to launch a multi-million dollar tech startup or whether you |
| 0:30.6 | just want to do something better with your own life. |
| 0:34.0 | And so my passion from that point forward began being that my job is to take these people |
| 0:40.9 | who have these ideas and feel that they can't go anywhere with them unless. |
| 0:47.0 | Unless I have a degree, unless I have money, unless I have a co-founder, unless I have a |
| 0:50.6 | backer, blah, blah, blah, I've heard them all, and convince them that that's bullshit, that there are ways to get started and it is not |
| 0:58.2 | as complicated or as difficult or expensive as you think it is and that the real barrier to getting started is you. |
| 1:05.0 | and that the real barrier to getting started is you. |
| 1:07.0 | Okay, welcome back or welcome to the Finding Mastery Podcast. I'm Michael Jervais |
| 1:20.3 | and by Trade and Training, I'm a sport and performance psychologist, |
| 1:24.0 | as well as the co-founder of Compete to Create. |
| 1:27.0 | And if you like this podcast, |
| 1:29.0 | and you haven't checked out Compete to Create yet, |
| 1:31.0 | I really hope that you do it would mean a lot to me. And the whole idea |
| 1:35.9 | behind this podcast, behind these conversations is to learn from people who have committed |
| 1:41.5 | their life efforts towards mastery of self. |
| 1:45.0 | And so we use Kraft as an excuse to really figure out what are the mechanics, |
| 1:50.0 | what are the processes, what are the practices that they go through to build themselves to be resilient and |
... |
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