That Will Never Work Book Summary

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."

That Will Never WorkBook binding

Start Listening to Book Summary

0:000:00

Book Review of That Will Never Work

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.

Book Overview of That Will Never Work

About the Book Author

M

Marc Randolph

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.

Book Details

Key information about the book.

Authors
Marc Randolph
Published
September 2019
Publisher
Little, Brown
ISBN
0316530204
Language
English
Pages
N/A
Genres
Startup FoundersBusiness and EconomicsStartupsFoundersSuccess StoriesEntrepreneurship

Purchase Options

Amazon logoBuy on Amazon
BookShop logoBuy via BookShop

Support local bookstores: BookShop gives a portion of each sale to independent bookshops!

Similar books you might like →

The Hard Thing About Hard ThingsBook binding

The Hard Thing About Hard Things Book Summary

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.

The Hard Thing About Hard Things
Ben Horowitz
The 4-hour WorkweekBook binding

The 4-hour Workweek Book Summary

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?

The 4-hour Workweek
Timothy Ferriss
The $100 StartupBook binding

The $100 Startup Book Summary

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?

The $100 Startup
Chris Guillebeau
Hatching TwitterBook binding

Hatching Twitter Book Summary

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?

Hatching Twitter
Nick Bilton
The Founder's DilemmasBook binding

The Founder's Dilemmas Book Summary

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.

The Founder's Dilemmas
Noam Wasserman
The PayPal WarsBook binding

The PayPal Wars Book Summary

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?

The PayPal Wars
Eric M. Jackson
Masters of Corporate Venture CapitalBook binding

Masters of Corporate Venture Capital Book Summary

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.

Masters of Corporate Venture Capital
Andrew Romans
Innovation and EntrepreneurshipBook binding

Innovation and Entrepreneurship Book Summary

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!

Innovation and Entrepreneurship
Peter F. Drucker

Showing 8 of 30 similar books

Take your reading experience to the next level

Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.

Download on the App Store

Similar Book Recommendations →

Niki Scevak's Book Recommendations

Niki Scevak's Book Recommendations

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.

Business and LeadershipSuccess Stories and Life LessonsFounders Playbook
Dustin Moskovitz's Book Recommendations

Dustin Moskovitz's Book Recommendations

Dustin Moskovitz is an American entrepreneur and co-founder of the social networking website Facebook, which has become one of the most influential platforms globally. He later co-founded Asana, a popular work management tool designed to help teams orchestrate their work, from daily tasks to strategic initiatives. While Moskovitz is not primarily known for contributions to literature, his impact on the tech industry and workplace productivity has been widely documented and analyzed in numerous books and articles. His philanthropic efforts through the Good Ventures foundation, which he started with his wife Cari Tuna, also highlight his significant role in promoting effective altruism. Moskovitz's work continues to influence both technology and business management practices around the world.

Business and LeadershipTechnology and FutureSuccess Stories and Life Lessons
Drew Houston's Book Recommendations

Drew Houston's Book Recommendations

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.

Business and LeadershipTechnology and FutureSuccess Stories and Life Lessons
Adam Grant's Book Recommendations

Adam Grant's Book Recommendations

Adam Grant is a renowned organizational psychologist and bestselling author, celebrated for his influential work on motivation and workplace dynamics. He is a professor at the Wharton School of the University of Pennsylvania, where he has been the youngest tenured professor and earned numerous teaching awards. Grant's books, including "Give and Take," "Originals," and "Think Again," have been translated into multiple languages and have topped bestseller lists worldwide. His research and insights are frequently featured in major media outlets, and he hosts the popular podcast "WorkLife." Through his writing and speaking, Grant has profoundly impacted the fields of psychology, business, and education.

Business and LeadershipEducationSelf-Improvement
Garry Tan's Book Recommendations

Garry Tan's Book Recommendations

Garry Tan is a prominent entrepreneur and investor, best known for his influential role in the technology and startup ecosystem. Co-founder of Initialized Capital, Tan has played a pivotal role in funding and mentoring numerous successful startups. His contributions to literature primarily include insightful writings on technology, entrepreneurship, and venture capital, which are widely read and respected within the industry. Tan's blog posts and essays offer valuable guidance and have inspired many aspiring entrepreneurs. Additionally, his work at Y Combinator, where he previously served as a partner, further underscores his significant impact on the startup community.

Business and LeadershipTechnology and FutureSuccess Stories and Life Lessons
Gary Vaynerchuk's Book Recommendations

Gary Vaynerchuk's Book Recommendations

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.

Business and LeadershipSuccess Stories and Life LessonsInspiring Reads
Jensen Huang's Book Recommendations

Jensen Huang's Book Recommendations

Jensen Huang is a Taiwanese-American entrepreneur and co-founder of NVIDIA, a global leader in graphics processing technology. Under Huang’s leadership as CEO, NVIDIA has become a key player in the development of artificial intelligence (AI), autonomous vehicles, and gaming technology. Huang is known for his visionary approach to innovation and his ability to position NVIDIA at the forefront of emerging technologies. He has been instrumental in expanding the use of GPUs beyond gaming to industries like healthcare, finance, and scientific research. Huang’s leadership and strategic foresight have made NVIDIA one of the most influential companies in the tech world.

Artificial IntelligenceTechnology and FutureSuccess Stories and Life Lessons
Julie Zhuo's Book Recommendations

Julie Zhuo's Book Recommendations

Julie Zhuo is a product design expert and author, best known for her work as the Vice President of Product Design at Facebook, where she played a key role in shaping the platform's user experience. Zhuo is also the author of the best-selling book The Making of a Manager, which offers insights into leadership and team management, especially for first-time managers. She is passionate about helping people navigate the complexities of leadership and product development. Since leaving Facebook, Zhuo has continued to focus on writing, advising, and mentoring leaders in the tech industry. Her expertise in design and management has made her a respected voice in Silicon Valley.

Business and LeadershipSuccess Stories and Life LessonsInspiring Reads

Showing 8 of 23 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

Frequently Asked Questions