In 'That Will Never Work', Marc Randolph, co-founder of Netflix, unveils the thrilling journey behind the creation of a revolutionary entertainment giant. With humor and candid insights, he shares the early struggles, near-failures, and unexpected successes that shaped Netflix's path to dominance. Randolph’s approach to innovation and risk-taking challenges conventional wisdom and inspires aspiring entrepreneurs. Discover the pivotal moments that turned skepticism into triumph as he recounts the unorthodox strategies that defined a cultural phenomenon. This gripping narrative is not just about Netflix's rise, but a masterclass in resilience and creativity.
By Marc Randolph
Published: 2019
"The path to success is not a straight line but a series of unexpected turns, requiring us to adapt, learn, and persevere through challenges."
In the tradition of Phil Knight's Shoe Dog comes the incredible untold story of how Netflix went from concept to company-all revealed by co-founder and first CEO Marc Randolph. Once upon a time, brick-and-mortar video stores were king. Late fees were ubiquitous, video-streaming unheard was of, and widespread DVD adoption seemed about as imminent as flying cars. Indeed, these were the widely accepted laws of the land in 1997, when Marc Randolph had an idea. It was a simple thought-leveraging the internet to rent movies-and was just one of many more and far worse proposals, like personalized baseball bats and a shampoo delivery service, that Randolph would pitch to his business partner, Reed Hastings, on their commute to work each morning. But Hastings was intrigued, and the pair-with Hastings as the primary investor and Randolph as the CEO-founded a company. Now with over 150 million subscribers, Netflix's triumph feels inevitable, but the twenty first century's most disruptive start up began with few believers and calamity at every turn. From having to pitch his own mother on being an early investor, to the motel conference room that served as a first office, to server crashes on launch day, to the now-infamous meeting when Netflix brass pitched Blockbuster to acquire them, Marc Randolph's transformational journey exemplifies how anyone with grit, gut instincts and determination can change the world-even with an idea that many think will never work. What emerges,though, isn't just the inside story of one of the world's most iconic companies. Full of counter-intuitive concepts and written in binge-worthy prose, it answers some of our most fundamental questions about taking that leap of faith in business or in life: How do you begin? How do you weather disappointment and failure? How do you deal with success? What even is success? From idea generation to team building to knowing when it's time to let go, That Will Never Work is not only the ultimate follow-your-dreams parable, but also one of the most dramatic and insightful entrepreneurial stories of our time.
Showing 8 of 30 similar books
Chris Guillebeau is a prolific author and entrepreneur best known for his New York Times bestselling book, "The $100 Startup," which has inspired countless individuals to pursue financial independence and entrepreneurial endeavors. He has traveled to every country in the world, a feat that underscores his commitment to unconventional living and exploration. Guillebeau's work often centers on the themes of personal freedom, creative self-employment, and adventure, as seen in his other notable books like "The Art of Non-Conformity" and "Born for This." He also founded the annual World Domination Summit, a gathering that encourages people to live remarkable lives. Through his writing and projects, Guillebeau has become a leading voice in the movement towards non-traditional career paths and lifestyle design.
Jan Losert is a visionary author and digital design expert, renowned for his contributions to the intersection of technology and creativity. His most significant work includes co-authoring "Design Systems Handbook," which has become a seminal guide for creating cohesive and efficient design frameworks. Losert's expertise extends to his role as a speaker and educator, where he passionately shares his insights on user experience and interface design. In addition to his literary achievements, he co-founded several successful startups, leveraging his deep understanding of design to drive innovation. His work continues to influence and inspire both emerging and established designers worldwide.
Naval Ravikant is an entrepreneur, angel investor, and philosopher, best known as the co-founder of AngelList, a platform that connects startups with investors. Ravikant is a prolific thinker and writer on topics such as startups, investing, and personal well-being, sharing his wisdom through essays, podcasts, and social media. He has invested in over 100 companies, including Uber, Twitter, and Yammer, making him one of Silicon Valley’s most successful angel investors. Ravikant is also known for his philosophical musings on wealth, happiness, and the meaning of life, which have garnered him a large and dedicated following.
Alexis Ohanian is an American entrepreneur, investor, and co-founder of Reddit, one of the world’s most popular social news and discussion platforms. Ohanian is also a prominent advocate for open internet and net neutrality, and he has invested in numerous startups through his venture capital firm, Initialized Capital. In addition to his work in tech, Ohanian is involved in philanthropy, supporting causes related to women’s rights, education, and social justice. He is married to tennis star Serena Williams, and together they advocate for gender equality and inclusive leadership. Ohanian’s influence in the tech world and his commitment to social impact have made him a respected figure in both business and activism.
Drew Houston is an accomplished American entrepreneur best known for co-founding Dropbox, a widely-used cloud storage service, in 2007. As the CEO, he has led the company to serve millions of users worldwide and become a key player in the tech industry. Although not primarily known for literature, Houston has shared his entrepreneurial insights and experiences through various interviews and public speaking engagements, offering valuable lessons to aspiring business leaders. His work has significantly influenced the way people and organizations manage and share digital content. Houston's innovative vision continues to shape the future of cloud computing and digital collaboration.
Niki Scevak is a distinguished entrepreneur and venture capitalist, widely recognized for his contributions to the startup ecosystem rather than traditional literature. As a co-founder and partner at Blackbird Ventures, he has played a pivotal role in funding and mentoring successful Australian tech startups. Scevak also co-founded Startmate, an influential accelerator program that has shaped numerous early-stage companies. His work has significantly impacted the Australian tech landscape, fostering innovation and entrepreneurial growth. Though not an author of traditional books, his insights and thought leadership are frequently shared through industry publications and speaking engagements.
Gary Vaynerchuk, also known as GaryVee, is a serial entrepreneur, investor, and social media personality. He initially gained prominence through his family’s wine business, turning it into a digital juggernaut with his online content and wine reviews. Gary is now the CEO of VaynerMedia, a full-service digital agency, and has authored multiple bestsellers, including Crush It! and Jab, Jab, Jab, Right Hook. He is known for his blunt, motivational style and advice on business, marketing, and personal branding. Gary continues to inspire millions with his focus on hustle, entrepreneurship, and leveraging digital platforms for success.
Andrew Chen is a venture capitalist, entrepreneur, and thought leader in growth marketing, currently serving as a general partner at Andreessen Horowitz. Chen is known for his expertise in network effects, viral growth strategies, and marketplace dynamics, making him a sought-after advisor for startups looking to scale. Prior to joining Andreessen Horowitz, he worked in leadership roles at Uber, helping to grow the ride-sharing platform’s user base and develop key growth strategies. Chen is also a prolific writer, sharing his insights on growth, technology, and startups through his popular blog and newsletter, which has attracted a loyal following in the tech community. His work has helped shape how many startups approach user acquisition, retention, and product-market fit. As a venture capitalist, Chen focuses on early-stage companies in the consumer internet, SaaS, and marketplace sectors, and he has been involved in funding and advising several successful startups. His insights on technology and growth continue to influence both founders and investors alike.
Showing 8 of 19 related collections
“The path to success is not a straight line but a series of unexpected turns, requiring us to adapt, learn, and persevere through challenges.”
That Will Never Work
By Marc Randolph
Discover a world of knowledge through our extensive collection of book summaries.
Marc Randolph is a renowned entrepreneur, author, and speaker best known as the co-founder of Netflix. With a strong background in technology and innovation, he has played a pivotal role in shaping the future of entertainment. Randolph's notable works include his memoir 'That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea,' where he shares the inspiring journey of building Netflix from the ground up. His writing style is engaging and candid, blending personal anecdotes with valuable business insights, making complex concepts accessible to a wide audience.
Key information about the book.
Support local bookstores: BookShop gives a portion of each sale to independent bookshops!
In "The Hard Thing About Hard Things," Ben Horowitz shares the gritty realities of running a startup, underscored by his own tumultuous experiences. With brutal honesty, he delves into the tough choices leaders must make when facing insurmountable challenges. From hiring and firing to navigating crises, Horowitz provides raw insights that strip away the romanticized views of entrepreneurship. He emphasizes that there are no easy answers in business, and success often hinges on resilience and sheer determination. This compelling guide not only equips readers with practical wisdom but also ignites a fierce curiosity about the untold struggles behind every great success story.
In 'The 4-Hour Workweek', Timothy Ferriss reveals the secrets of escaping the 9-to-5 grind and designing a life of freedom and adventure. He introduces the concept of ‘mini-retirements’ and shows readers how to automate their income through smart outsourcing and entrepreneurship. Ferriss challenges traditional notions of work and productivity, urging readers to focus on what truly matters. With practical strategies and bold ideas, the book inspires a daring reimagining of how we live and work. Are you ready to break free and live life on your terms?
In 'The $100 Startup', Chris Guillebeau reveals the secrets of successful entrepreneurs who started with just a small amount of money. Through engaging stories and practical advice, he demonstrates that anyone can create a thriving business without extensive resources. Guillebeau emphasizes the importance of passion and practical skill in building a venture that provides both profit and personal fulfillment. This inspiring guide challenges conventional notions of entrepreneurship, encouraging readers to take action and turn their ideas into reality. Are you ready to discover how to transform your passions into a profitable business?
In 'Hatching Twitter', Nick Bilton unveils the tumultuous rise of the social media giant Twitter, chronicling the intense rivalries and relationships among its founders. From a small idea in a messy office to a billion-dollar company, the book reveals the behind-the-scenes struggles and creative tensions that shaped the platform. Readers will discover the personal sacrifices and ethical dilemmas faced by the key players in this digital revolution. With gripping storytelling, the book captures the chaotic blend of ambition, innovation, and betrayal that defined Twitter's inception. What will you uncover about the true stories behind the tweets?
In 'The Founder's Dilemmas', Noam Wasserman explores the complex decisions faced by startup founders, revealing how these early choices can determine the fate of their ventures. Through captivating case studies, he uncovers the personal and professional dilemmas that arise when passion meets practicality. Wasserman highlights the often-overlooked psychological and social factors that impact startups, providing invaluable insights for aspiring entrepreneurs. With a blend of storytelling and research, the book challenges conventional wisdom about founder dynamics. Venture into the world of entrepreneurship and discover the crucial decisions that can make or break a startup’s success.
Dive into the thrilling behind-the-scenes saga of the online payment giant PayPal, as Eric M. Jackson unveils the fierce battles of innovation, rivalry, and ambition that shaped its rise. From tech-savvy hackers to ruthless corporate strategies, the author paints a vivid picture of the startup culture in Silicon Valley. Discover the daring moves and high-stakes gambles that transformed a small company into a financial powerhouse. With insights into the complex relationships among key players, this book is a riveting exploration of entrepreneurship and perseverance. Can you handle the drama of the PayPal Wars?
In 'Masters of Corporate Venture Capital,' Andrew Romans unveils the intricate world where corporate giants invest in startups to fuel innovation and gain competitive advantages. The book offers a fascinating exploration of the strategies, structures, and mindset required to succeed in this unique investment landscape. Readers are introduced to the key players and the high-stakes decisions that shape industries and drive economic growth. With real-world case studies and insider insights, Romans demystifies the art of corporate venture capital, making it accessible for aspiring investors and entrepreneurs alike. This provocative guide invites you to discover how corporate investments are transforming the future of business.
In 'Innovation and Entrepreneurship', Peter F. Drucker unveils the secrets of driving economic growth through innovative practices. He emphasizes that innovation is not just the privilege of inventors but a systematic discipline that can be taught and learned. Drucker defines the entrepreneur's role as an agent of change, highlighting how they harness opportunities to create value. Through practical insights and real-world examples, he challenges traditional notions of business and presents a roadmap for successful entrepreneurship. This book is essential for anyone eager to understand the dynamic interplay between innovation and the market!