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That Will Never Work

summary ofThat Will Never WorkBook by Marc Randolph

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You’ll learn

  • How rejected ideas spark persistent innovation
  • The art of naming a startup
  • Techniques that led to DVD-shipping breakthroughs
  • Why success is about integrity, not just money

first KEY POINT

The genesis of genius: Behind great ideas

Imagine this: you're browsing the aisles of the DVD store Blockbuster, picking a movie for a weekend. The next day, you realize you've forgotten to return it. As the days fly by, that niggling worry grows. Then, you're slapped with a $40 fee when you finally return the movie. It’s frustrating, right? Such an incident played a role in the birth of a media giant we all know and love — Netflix. It sounds like a classic lightbulb moment, but here's the twist: the journey wasn't straightforward.

Innovation can come from the most unexpected places.

While we often hear tales of instant clarity that birth groundbreaking ideas, these stories are usually far more complex. The idea behind Netflix wasn't just about dodging late fees ; the streaming service also had them at first ! And before the final idea took root, other pitches were also considered. Imagine if you were customizing a surfboard or ordering personalized dog food instead of binge-watching your favorite shows tonight. It might sound amusing, but these ideas once stood on the cusp of being the 'next big thing.'The truth lies somewhere between the allure of sudden genius and the grind of reality. Ideas, especially revolutionary ones, rarely arrive in a blaze of glory. They simmer, evolve, and sometimes pivot drastically from their original vector. The quest is not about chasing that elusive 'eureka' moment but embracing creativity's messy, winding path.Let's welcome the uncertainty, mistakes, and brilliance as we unravel the true nature of innovation and its unpredictable path. After all, the next big idea could be just around the corner, waiting for its moment. Are you ready to uncover it?

second KEY POINT

From skepticism to steam engines

Marc Randolph and his colleagues often grappled with doubt in Silicon Valley. Every morning, he went to work full of ideas, each with the potential to make its mark. The goal was to intrigue one particular person Randolph carpooled with, Reed Hastings, to invest or advise. Yet, his frequent refrain was, “That will never work.” Ideas, no matter how passionate or well-researched, were quickly dismissed. For instance, a proposal tied to baseball faded due to perceptions of its waning popularity with the youth.Innovators everywhere face this uphill battle. After all, for every concept rejected or brushed off as impractical, there are tales of persistence and evolution, reminding us that the journey to success isn’t linear.

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first KEY POINT

Cultivating genius through freedom

second KEY POINT

Daring to dream big

third KEY POINT

The power in a name

fourth KEY POINT

Uncharted waters of innovation

fifth KEY POINT

The pinnacle of perseverance

sixth KEY POINT

Conclusion

About the author

Marc Randolph is the co-founder of Netflix. He served as the first executive producer of Netflix’s website, CEO, and a board of directors member until his retirement in 2004.

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Frequently asked questions

What is That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea about?

That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea, authored by Marc Randolph, explores the riveting journey of Netflix’s inception. The book delves into the challenges and innovations that shaped the streaming giant, providing readers with insight into entrepreneurial spirit and the drive behind one of the most successful business models in modern history.

Is That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea worth reading?

Absolutely, That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea is highly regarded for its engaging storytelling and valuable lessons in entrepreneurship. Readers will find inspiration in Randolph's honest reflections on risk-taking and resilience, making it particularly beneficial for aspiring business leaders.

How many pages is That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea and when was it published?

That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea is 288 pages long and was published on September 26, 2019. This length makes it a manageable read for anyone interested in the behind-the-scenes creation of Netflix.

What are the key takeaways from That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea?

Key takeaways from That Will Never Work include the importance of adaptability, the value of team dynamics, and the necessity of learning from failure. Readers are encouraged to embrace creativity and pursue their ideas passionately, as Randolph illustrates through his experiences launching Netflix.

Who is the author of That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea?

The author of That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea is Marc Randolph, co-founder of Netflix. His unique perspective and firsthand experiences lend authority and authenticity to the lessons shared in the book.