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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.
Learned
Focus
Values
Two
Better
Mediocre
Wells
Product
Well
Products
Way
Value

More quotes by Reed Hastings

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I don't know of any Internet service that opens on a regional basis.
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Not every show has to work equally well. It just has to work better than any competitor because then we can outbid for the content.
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Interactivity and a better experience aren't always the same thing.
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I hate the photo shoots. I hate all that stuff.
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Companies rarely die from moving too fast, and they frequently die from moving too slowly.
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Our brand at Netflix is really focused on movies and TV shows.
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I watch mostly independent films.
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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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If the Starbucks secret is a smile when you get your latte... ours is that the Web site adapts to the individual's taste.
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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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Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
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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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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.
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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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Taking smart risks can be very gratifying.
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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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On the Internet you get continuous innovation, so every year the streams are a little better.
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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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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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The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.
Reed Hastings