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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.

Reed Hastings

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Reed Hastings
Age: 64
Born: 1960
Born: January 1
Chief Executive Officer
Entrepreneur
NZ
Wilmot Reed Hastings
Jr.
Jobs
Impact
Bill
Others
Shadow
Attractive
Steve
Need
Positive
Total
Prices
Needs
Grow
Defined
Offering
Trying
Achieve
Bills
Gates
Make
Grows
Global
Scale
Success
Lows
Scales
Bigs
Market
Transformation

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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Taking smart risks can be very gratifying.
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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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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 got the idea for Netflix after my company was acquired. I had a big late fee for Apollo 13. It was six weeks late and I owed the video store $40. I had misplaced the cassette. It was all my fault.
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Do not tolerate brilliant jerks. The cost to teamwork is too high.
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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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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.
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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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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.
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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.
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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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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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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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Great leaders, like Steve Jobs or Jeff Bezos, also focused on the long term.
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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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Our brand at Netflix is really focused on movies and TV shows.
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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