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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.

Reed Hastings

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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Values
Two
Better
Mediocre
Wells
Product
Well
Products
Way
Value
Learned
Focus

More quotes by Reed Hastings

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I'm an HBO subscriber, and I watch a bunch of great shows on HBO.
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Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
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Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
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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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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.
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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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About half my work in education is U.S. political reform around school districts and charter schools, and creating more room for entrepreneurial organizations to develop. And about half on technology, which I look at as a global platform.
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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?'
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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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I don't know of any Internet service that opens on a regional basis.
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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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I think there will be 20 years of evolution from linear broadcast to internet television.
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Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
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Interactivity and a better experience aren't always the same thing.
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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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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
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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.
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Our brand at Netflix is really focused on movies and TV shows.
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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
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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