That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea
That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea book cover

That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea

Kindle Edition

Price
$11.99
Publisher
Little, Brown and Company
Publication Date

Description

"Engaging and insightful"― Reed Hastings, CEO of Netflix "Netflix was built on the vision and creative DNA of one man-Marc Randolph. As the founding CEO, his leadership defined the culture of Netflix and laid the groundwork for successive, global revolutions in how we make and consume entertainment. His willingness to step aside so that his co-founder Reed Hastings could scale up the company stands as an example of humility and self-knowledge that is rare in the startup world." ― Gina Keating, author of Netflixed: The Epic Battle for America's Eyeballs "Marc is an unusually brave soul. Marc's genius in recognizing that not knowing frees you to experiment and observe and to ultimately win."― Lloyd Tabb, founder of Looker "Marc wastes no time cutting through the noise and identifying the truth. Every moment I have spent with Marc, whether it was as he formulated and launched Netflix or since then, has been truly rewarding. Marc understands what is important whether it is your product, your marketing, or your business plan. A remarkable and one of a kind visionary."― Mitch Lowe, founder of RedBox and CEO of MoviePass "An entertaining chronicle of creativity, luck, and unflagging perseverance."― Kirkus --This text refers to an alternate kindle_edition edition. Marc Randolph is a veteran Silicon Valley entrepreneur, advisor, and investor, whose career as an entrepreneur spans four decades. In addition to being the co-founder and first CEO of Netflix, Marc has founded or co-founded six other successful startups, mentored hundreds of early-stage entrepreneurs, and as an investor has helped seed dozens of successful tech ventures (and just as many unsuccessful ones). He is host of the top-10 Apple podcast That Will Never Work , where he works directly with entrepreneurs to provide 1-on-1 mentoring. He lives in Santa Cruz, California. --This text refers to an out of print or unavailable edition of this title.

Features & Highlights

  • 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.

Customer Reviews

Rating Breakdown

★★★★★
60%
(2.5K)
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25%
(1K)
★★★
15%
(624)
★★
7%
(291)
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Most Helpful Reviews

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Flix it in

Some history on Netflix from one person’s view, but it is extensively an autobiography and a rationalization of decisions by an early founder who made an impact in the early days but bowed out with cash and left it to others to zoom to dominate world class. Like many entrepreneur treatises it is full of advice and ego, enclosed in an envelope of tailored humility. I’ve started a couple companies and appreciate all the twists and turns, but timing and luck play the largest role in most endeavors.

After an early success I once pontificated for six months, then after a couple failures humility returned. Been there, done that, and am embarrassed that I once “knew it all”.

Phil Knight’s Shoe Dog captured my interest enough to read it twice, I had to struggle through this Netflix one. The author is probably a good guy, and he made significant things happen. But, he would not do well in a career as an author.
29 people found this helpful
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Good book but Randolph is arrogant

Good book, starts kind of slow, and spans both good and tenuous times those in the tech industry know well. There are some superb quotes, findings, and tips - just maybe not those that Marc Randolph thinks are important.
This isn’t a Michael Lewis or even John Carreyrou book.
He sprinkles humility and family throughout the book, which is great, and isn’t a spendthrift - also fine. I guess in today’s world, he’d be driving a Prius or Civic and not a Tesla, also okay.
But I found it interesting that highlights from other users/readers are plentiful in the beginning - weirdly so - then completely stop 1/3 of the way through.
Is it because readers think that he’s an arrogant douche? Might be.
I really don’t look forward to ever meeting him. He’s a startup guy. He’s a product and innovation guy. I know people like him, and get along well. But completely ignoring 9/11 and everything that did to the New York area - and other reasons that Silicon Valley had its metaphorical face rearranged from 2001-2004 - kind of sickens me.
Great, Netflix. But grow up a bit, dude.
10 people found this helpful
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Most Fun Business Book all year!

Most Fun Business Book all year!

I tore through this book- I could not put it down. As a long-time NFLX investor, I've always been fascinated by this ever-evolving company, it's unique culture and strong leadership.

I was always a Reed Hastings fan- now I am a Marc Randolph fan!

His candid, fast-paced, and genuine telling of the early days of NFLX is compelling. Although it is full of business lessons, it is never preachy or arrogant like most books of this type.

Marc Randolph, with humility and grace, tells us the quirks, stumbles, and victories along the way of the early days at NFLX. What a gift this book is to us readers- it is a little bit of magic to be transported, and along with him and his small team in the early days.

This book is a must read for investors, business people, and anyone trying to do something hard that is unconventional.
9 people found this helpful
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Inspiring, true story and a must-read for everyone.

Marc was the founder and first CEO of Netflix. This book shares the journey of the true founding and the early years of this iconic company. It feels like you're reading a fast-paced fiction movie - even though it is not a work of fiction, it is a page-turner. There is not a hint of drab or dry business writing in this book - which makes it such a fun, easy, and quick read. What I personally loved about the book was the real, not-at-all-sexy, story of how Netflix was actually born. It wasn't as serendipitous or easy as Silicon Valley lore has made it out to be. It was about two guys trying to find a chewy problem to solve and making mistakes along the way. It is a rare insight into the early days of Netflix, which is still so applicable to all start-ups and founders right now. They are all going through a version of what is described in the book
- but the biggest take-away here are the life lessons to remember. Marc has a very no BS approach to delivering those. He is (thankfully) not of the class of people who will tell you to quit your job and pursue your idea. He instead asks you to get started. Simple. Wherever you are, whatever you are doing. Just get started. Validated your idea with what you have, as best as you can, and then logical steps, one after another, to work towards it. It sounds like simple advice, but the way he puts it into focus, makes it stick.

I cannot recommend this book highly enough. Do read it - I know I'll be gifting this book this Christmas to all my colleagues and friends.
4 people found this helpful
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Not your typical startup story, but one of the best

That Will Never Work: The Birth of Netflix and the Amazing Life of an Idea by Marc Randolph is a great book about a particular company that illustrates how an idea develops. Note that I didn’t say a “great idea.” Most ideas don’t start out great.

Most business creation stories feature a great flash of insight. The insight becomes a great company through a series of flawlessly planned and executed steps. But life is not like that. Most ideas don’t start out great. They don’t happen all at once. They evolve. And companies don’t become great because of great strategies elegantly executed. They aren’t great right of the gate. Instead, they become great by meeting challenges.

Netflix is like most companies, except you can add a lot of testing to the mix. Marc Randolph calls this book, “a memoir, not a documentary.” He tells you the story of the early days of the idea and the company that became Netflix the way he might do it over a glass of wine on the deck on a late summer afternoon.

If you were listening to Marc, you might take a sip of wine and ask him to explain a term or two you don’t understand. He’d give you a quick, but helpful answer. He does that in the book. You’ll find explanations of terms like “dilution” and “collaborative filtering.”

He gets the emotional parts right. Many stories of great companies leave out the parts about being scared to death or being uncomfortable. Take another sip of wine, while Marc lays them out, including how hard it was to ask his mother for start-up money. 

That Will Never Work reminded me of Phil Knight’s Shoe Dog. Both show the messiness of getting from start up to success. Both illustrate the role of luck. Marc would probably take a deep breath and a sip of wine before telling you about the times Netflix came close to being another failed company.

There were some big plusses for me. I loved the fact that Marc tells about how he maintained a strong relationship with his family. There are a lot of Silicon Valley “successes” where I think, “I’d love his bank account, but I wouldn’t want his life.” Marc Randolph does the rest of us a service. He shows us an example of success without shredding personal relationships. 

I loved the humility. Not big-time-big-deal-big-business-success humility, digging a big toe in the dirt for effect. This is real humility. It’s humility that recognizes the contributions of other people and the role of luck and how many times he screwed up. It’s real life humility.

So, what’s not to like?

You won’t like this book if you’re looking for a simple formula you can copy. You won’t like it if you want to know “The Secret” of Netflix success. This is more like the advice I give my grandsons. Work hard. Treat people right. Keep getting up after you stumble. 

In a Nutshell 

That Will Never Work is for you if you want to look at the reality of start-ups and innovation. There are no bulleted lists of key points, but there’s a lot of wisdom packed in the stories. 
3 people found this helpful
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Great read for startup junkies

As a serial startup guy, there wasn’t necessarily a ton of new or groundbreaking facts in this book. However, it’s a great story and definitely gets the entrepreneurial juices flowing!
1 people found this helpful
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Very well-written

Enjoyed the way ideas, ideals, problems and progress were shared as well as the space given to the team, the people that made the culture and the company.

I enjoyed the first half a lot more (maybe related to it more too) and was (not-so-pleasantly) surprised when the book ended around 2002/3. The final wrap-up was nicely done but it’s unfortunate that despite all the build up regarding the move to digital, we didn’t get to read about how David became Goliath.

Already recommended to others!
1 people found this helpful
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Fantastic story-telling focused on the early days of Netflix

I really liked the narration of ow decisions were made and what factored into those decisions. Would definitely recommend to anyone interested in creating the culture of a company or starting one.
1 people found this helpful
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Fun to read and inspiring

From start to finish, Marc Randolph has written a sharp, candid, insightful, and immensely inspiring memoir of his struggle to create and launch Netflix -- from before the company even had a name -- to his decision to cash out and leave it in the hands of people who could take it to higher heights. Not only for entrepreneurs, his well-written story will inspire anyone with a dream, whether its business-related or not. Great life lessons included, too. Job well done, Marc. Five stars.
1 people found this helpful
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Okay book, not comprehensive or a detailed story

The book represented itself as a case study on startups and will chart the creation of Netflix. Unfortunately, I didn't think it quite lived up to those promises. The book is really simple and covers topics at a really high level. It moves really fast and doesn't dig into a lot of the interesting and unique problems Netflix (and other tech startups) had early on. It's structured in a way to kind of get at the process of how a startup grows, but it just wasn't a natural way to tell the story. I got the sense the author was doing his best to remember everything and actively covering up part of the growth he didn't want to talk about. Plus so much of the book is about his family and I get that is a component, but gosh I just thought it was unnecessary to the story. If you are looking for a detail comprehensive book on Netflix, this is not it. Still overall an okay read, but probably would not have bought it again.
1 people found this helpful