Lessons Netflix Co-Founding Executive Learned After Getting Fired | MITCH LOWE | Unlock Your Potential #217

Sep 7, 2022

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In this episode, I chat with Mitch Lowe, speaker, and co-founding executive of Netflix, about how he used a hard time in his life to propel his life forward and create success.

In the early 80s, Mitch became the President of Video Droid, a movie rental company similar to Blockbuster.

Eventually, Mitch became one of the co-founders of Netflix and worked as the Head of Business Development for five years.

However, in 2003, Reed Hastings, another Netflix co-founder, let Mitch go claiming he wasn't ready to lead a public company.

Despite feeling devastated at the loss of his job, Lowe used the loss as fuel to improve himself to prove Hastings wrong.

For the next eight years, Lowe worked at Redbox and McDonald's, eventually becoming the COO of Redbox.

Lowe spent his career being an innovator, helping companies increase their revenue and influence by implementing novel ideas.

Mitch leaves us with the idea that innovation and creating businesses are easier than ever with the internet.

Thank you, Mitch, for chatting with me today and showing the audience how to use difficult times to improve yourself and create an amazing life for yourself.

Create the life you've always wanted! 👉 https://www.theentreinstitute.com/join ?sl=anchor-jefflerner

Check Out More of Mitch’s Content Here 👇

💻https://www.mitchlowe.net/

📖 Watch and Learn - https://www.mitchlowe.net/book/

💡 Speaking Agent - https://www.bigspeak.com/

ℹ️ LinkedIn 👉https://www.linkedin.com/in/mitchlowe/

⌨️Twitter 👉https://twitter.com/mitch__lowe

Timestamps:

00:00 Introduction to Mitch Lowe
03:05 Netflix origins
06:48 Mitch’s life journey to Netflix
12:55 High school dropout
16:29First Company and meeting Marc Randolph
20:23 Working in Netflix
21:12 Leaving Netflix
23:46 Learning how to operate in a public environment: McDonald's
32:39 Consumer experience
37:12 Speed and ease of transaction
40:32 Getting fired as a fuel
47:32 MoviePass
52:41 His book “Watch and Learn”
56:26 Having a big adversary
57:40 Where to find Mitch Lowe