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Don’t get distracted by the shiny object [and if a crisis comes], execute on the fundamentals.
Reed Hastings
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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Distracted
Fundamentals
Object
Crisis
Objects
Comes
Shiny
Execute
More quotes by Reed Hastings
Taking smart risks can be very gratifying.
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Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
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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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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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I'm an HBO subscriber, and I watch a bunch of great shows on HBO.
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Be big, fast and flexible.
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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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I watch mostly independent films.
Reed Hastings
I hate the photo shoots. I hate all that stuff.
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.
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I think there will be 20 years of evolution from linear broadcast to internet television.
Reed Hastings
Interactivity and a better experience aren't always the same thing.
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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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Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
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On the Internet you get continuous innovation, so every year the streams are a little better.
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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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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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Something will eventually replace the Internet. But it's hard to know what and when it will happen.
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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.
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Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.
Reed Hastings