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Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.

Reed Hastings

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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Sound
Uneconomic
Business
Entrepreneurial
Ideas
Unexpected
Right
Entrepreneur
Stupid
Turn
Crazy
Turns

More quotes by Reed Hastings

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The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.
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In the long term, you have to believe that movies and TV shows will be like the opera and the novel, pretty nichey businesses.
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Tomorrow when you come to work, if it doesn't make the customer happy, move the business forward, and save us money - don't do it.
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Interactivity and a better experience aren't always the same thing.
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Be big, fast and flexible.
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Human entertainment will have moved on to something new. Then the ultimate challenge for us is, can we figure out what that new form of entertainment is?
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I'm an HBO subscriber, and I watch a bunch of great shows on HBO.
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On the Internet you get continuous innovation, so every year the streams are a little better.
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I learned the value of focus. I learned it is better to do one product well than two products in a mediocre way.
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Truly brilliant marketing happens when you take something most people think of as a weakness and reposition it so people think of it as a strength.
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Our brand at Netflix is really focused on movies and TV shows.
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Do not tolerate brilliant jerks. The cost to teamwork is too high.
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Companies rarely die from moving too fast, and they frequently die from moving too slowly.
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I think there will be 20 years of evolution from linear broadcast to internet television.
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Something will eventually replace the Internet. But it's hard to know what and when it will happen.
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The Netflix brand for TV shows is really all about binge viewing. The ability to get hooked and watch episode after episode.
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It is clear that for many of our members two websites would make things more difficult, so we are going to keep Netflix as one place to go for streaming and DVDs.
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I watch mostly independent films.
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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.
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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