Netflix Co-Founder Marc Randolph Says There Is No Such Thing as a Good Idea
November 9, 2020
7,312
134
9
1.96%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Entrepreneur Episodes Around November 9, 2020
See what was published immediately before and after this episode.
1:12Now PlayingNetflix Co-Founder Marc Randolph Says There Is No Such Thing as a Good Idea
YouTube Description
as posted by the channelStop planning and start doing says the entrepreneur and investor.
It might be surprising to learn that entrepreneur, investor, mentor and Netflix co-founder Marc Randoph says that there is no such thing as a good idea. "Spending a lot of time trying to validate an idea, doing research and doing planning is a waste of time," he says. "What you need to do is immediately collide your ideas with reality." And not just once, he implores, but "hundreds if not thousands of times."
Randolph, author of That Will Never WorkThe Birth if Netflix and the Amazing Life of an Idea, believes that the key to success isn't coming up with a good idea, but rather building a system, a culture and a process that allows you to fearlessly try hundreds of bad ideas in the quest to find ones that work. "That has been one of the concepts at Netflix from the very beginning, and I fundamentally believe it is one of the most important things that they do that allows them to constantly stay ahead of the curve."
Presented by Mastercard. Learn how Mastercard is helping bring local businesses into the digital economy at Mastercard.us/digitaldoors.
Links & Promotions
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.