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14min chapter
Former Netflix CEO: “They're Lying To You About Hard Work!” Building a $278 Billion Company Wasn’t Built On Hard Work!
The Diary Of A CEO with Steven Bartlett
The Downfall of Blockbuster and the Rise of Netflix
This chapter examines the financial challenges during the dot com bubble, particularly for subscription-based businesses, and the critical missteps made by Blockbuster in the face of Netflix's ascent. It recounts a vivid negotiation experience with Blockbuster and highlights the repercussions of leadership changes that led to a failure in adapting to the digital market. Through reflections on competition and missed opportunities, the narrative underscores the importance of evolving business strategies in rapidly changing environments.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode