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Be big, fast and flexible.
Reed Hastings
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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Bigs
Flexible
Fast
More quotes by Reed Hastings
On the Internet you get continuous innovation, so every year the streams are a little better.
Reed Hastings
I got the idea for Netflix after my company was acquired. I had a big late fee for Apollo 13. It was six weeks late and I owed the video store $40. I had misplaced the cassette. It was all my fault.
Reed Hastings
I'm an HBO subscriber, and I watch a bunch of great shows on HBO.
Reed Hastings
In the long term, you have to believe that movies and TV shows will be like the opera and the novel, pretty nichey businesses.
Reed Hastings
Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
Reed Hastings
Comparing Apple to Netflix is like comparing apples to oranges, especially if the oranges made so many mistakes that people stopped eating oranges and just went back to Blockbuster.
Reed Hastings
The Costa Rican government is prioritizing laying fiber optic over paving roads. Costa Rica is trying to become one of the Internet societies. This is happening throughout the world.
Reed Hastings
Taking smart risks can be very gratifying.
Reed Hastings
Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
Reed Hastings
Companies rarely die from moving too fast, and they frequently die from moving too slowly.
Reed Hastings
Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
Reed Hastings
But as an entrepreneur you have to feel like you can jump out of an aeroplane because you're confident that you'll catch a bird flying by. It's an act of stupidity, and most entrepreneurs go splat because the bird doesn't come by, but a few times it does.
Reed Hastings
Something will eventually replace the Internet. But it's hard to know what and when it will happen.
Reed Hastings
Do not tolerate brilliant jerks. The cost to teamwork is too high.
Reed Hastings
When there's an ache, you want to be like aspirin, not vitamins. Aspirin solves a very particular problem someone has, whereas vitamins are a general nice to have market.
Reed Hastings
Interactivity and a better experience aren't always the same thing.
Reed Hastings
I don't know of any Internet service that opens on a regional basis.
Reed Hastings
When you grow up, as I have, in the shadow of Steve Jobs, Bill Gates and others, success is defined as the total global transformation of a market. To achieve that, you need low prices and an attractive offering. It's about trying to make a positive impact on a big scale.
Reed Hastings
If the Starbucks secret is a smile when you get your latte... ours is that the Web site adapts to the individual's taste.
Reed Hastings
The Netflix brand for TV shows is really all about binge viewing. The ability to get hooked and watch episode after episode.
Reed Hastings