HBR IdeaCast The Secrets Behind Barry Diller’s Business Success
165 snips
May 20, 2025 
Barry Diller, the influential Chairman of IAC and Expedia, shares insights from his remarkable career in media and entertainment. He emphasizes the power of intuition over rigid analysis and highlights the importance of navigating strong personalities. Diller discusses how to embrace the journey of business, stressing process over mere outcomes. He also predicts AI's transformative impact on content creation and audience engagement, while offering wisdom on leadership and resilience in the face of modern challenges.
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Trust Instincts Over Data
- Barry Diller emphasizes trusting instinct over formulas and data for predicting future trends in media and entertainment.
- He keeps instincts clean by avoiding cynicism and sustaining a sense of naivete.
Limitations of Data in Innovation
- Data is useful only for factual real-time info like market size or competitors, not for predicting future trends.
- Avoid relying on market research when deciding what new ideas to pursue.
Avoid Rigid Career Goals
- Avoid setting rigid business goals; instead, start working in the industry and let your path develop naturally.
- Specific job titles like "run a studio" are idiotic goals; focus on gaining experience instead.
