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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.
Ideas
Unexpected
Right
Entrepreneur
Stupid
Turn
Crazy
Turns
Sound
Uneconomic
Business
Entrepreneurial
More quotes by Reed Hastings
Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
Reed Hastings
I learned the value of focus. I learned it is better to do one product well than two products in a mediocre way.
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
Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
Reed Hastings
I'm an HBO subscriber, and I watch a bunch of great shows on HBO.
Reed Hastings
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.
Reed Hastings
If you look at cable networks, they almost always start licensing content wherever they can, so they can build a subscriber base. But then they start doing their own content it's a pretty well-trodden path.
Reed Hastings
I think there will be 20 years of evolution from linear broadcast to internet television.
Reed Hastings
Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
Reed Hastings
Do not tolerate brilliant jerks. The cost to teamwork is too high.
Reed Hastings
Something will eventually replace the Internet. But it's hard to know what and when it will happen.
Reed Hastings
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.
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
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
When we think about online learning, it's such 'early days.' Bill Gates is a wildly smart insightful guy. Yet, even a guy as smart and insightful as that, 30 years ago can say things like,'Who's every going to need more than 640K of memory?'
Reed Hastings
In fact, technology has been the story of human progress from as long back as we know. In 100 years people will look back on now and say, 'That was the Internet Age.' And computers will be seen as a mere ingredient to the Internet Age.
Reed Hastings
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?
Reed Hastings
On the Internet you get continuous innovation, so every year the streams are a little better.
Reed Hastings
I founded Netflix. I've built it steadily over 12 years now, first with DVD becoming profitable in 2002, a head-to-head ferocious battle with Blockbuster and evolving the company toward streaming.
Reed Hastings
I watch mostly independent films.
Reed Hastings