The 2% with Eric Partaker How the Co-Founder of Netflix created a Multi-Billion Dollar Brand | Marc Randolph
Chill and Explore
- Relax and be open to new experiences.
- You don't need to have your life planned out immediately.
Business Triage
- Focus on the two to three critical things in your business.
- If you get those right, everything else will follow.
Early Netflix Focus
- Early Netflix focused on customer acquisition due to the DVD player market.
- They also prioritized differentiating themselves from Blockbuster.
Have you ever wondered what it takes to build a company as successful as Netflix? Join Marc Randolf (Co-founder and first CEO of Netflix, serial entrepreneur, author and speaker) and Eric Partaker as they discuss what it takes to create a billion dollar business, and discover tips and insights about how you can become part of the 2% of people reaching their full potential.
KEY POINTS
(Netflix &) Chill - You do not need to know where you’re going right away. Stumble around, and gather experiences until you end up in the right place. Don’t simply pick your dream job and fight like crazy to get it. Get your foot in the door and find out what people really do. What’s the vocabulary? How do they organise? Then you’ll have a better idea whether this is the right path for you.
You Can’t Predict The Future - Stop dreaming about what your company is going to become, because you’re almost inevitably wrong. You can't, it’s impossible. Companies have their own life. There's too many forks in the road to predict the path they will go. The more time you spend trying to figure it out you are simply stalling the process of actually learning where it wants to go.
Look Backwards - What went well? What didn't? Any insights? Leanings? What will I do in future directly as a result? Set yourself periodic goals. Review your progress and take that knowledge to perform better in the future.
People Who Start Companies Are Not Superhuman - If you have an idea, if you have a dream, try it. Stop thinking about it. Stop coming up with reasons why you can’t. Cleverness is figuring out a way to quickly, cheaply and easily start, so you can learn whether it's a good idea or not.
You Are Capable Of More Than You Know - Everything is solvable if you're willing to start and figure it out. Stop dreaming about it, or bumping into the first roadblock and turning away. Everything is possible if you believe in your ability to figure it out.
FREE EBOOK
Free Digital Copy of my best selling book The 3 Alarms:
https://www.ericpartaker.com/the3alarms
Please rate and review my podcast here: https://ratethispodcast.com/eric