Reed Hastings

Reed Hastings
Reed Hastings,is an American entrepreneur and philanthropist. He is the co-founder and CEO of Netflix and serves on the boards of Facebook and a number of non-profit organizations. A former member of the California State Board of Education, Hastings is an advocate for education reform through charter schools...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth8 October 1960
CityBoston, MA
CountryUnited States of America
nice aspirin want
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.
technology epic iron
Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.
thinking people marketing
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.
people trying outcomes
The best managers figure out how to get great outcomes by setting the appropriate context, rather than by trying to control their people.
life change life-changing
Don't be afraid to change the model.
moving tomorrow ifs
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.
optimistic long entrepreneur
Be brutally honest about the short term and optimistic and confident about the long term.
entrepreneur stupidity bird
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.
two focus way
I learned the value of focus. I learned it is better to do one product well than two products in a mediocre way.
ideas apollo video
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.
smile secret taste
If the Starbucks secret is a smile when you get your latte... ours is that the Web site adapts to the individual's taste.
teamwork cost brilliant
Do not tolerate brilliant jerks. The cost to teamwork is too high.
smart risk
Taking smart risks can be very gratifying.
moving company dies
Companies rarely die from moving too fast, and they frequently die from moving too slowly.