3min chapter

The Tim Ferriss Show cover image

#496: Marc Randolph on Building Netflix, Battling Blockbuster, Negotiating with Amazon/Bezos, and Scraping the Barnacles Off the Hull

The Tim Ferriss Show

CHAPTER

The Importance of Subscription Based Business Models

Tim Ferris: Were there any non negotiables, or non negotiable aspects of the ideas that your brain stormo for instance? He says he wanted a recurring revenue business model. "I wanted to sell once and then just fight to deliver a product every one wanted to keep" It took us a year and a half of one failed experiment after another, one test after the next before we realized subscription was what turned it around.

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