Marc Randolph

“I played second base.”

“Most legacy companies get crushed - they get Blockbustered - because they are too afraid to walk away from the status quo, to embrace what the future is.”

“At a startup, it's hard enough to get a single thing right, much less a whole bunch of things. Especially if the things you are trying to do are not only dissimilar but actively impede each other.”

“That became the Netflix culture: radical honesty.”

“When entrepreneurs talk about their success, they rarely talk about luck. I think that's because most of them think the concept denigrates the hard work and smart thinking they put into their projects. But luck is a huge part of any successful business.”

“I am the luckiest guy you will ever meet. The most fortunate guy you'll ever meet.”

“Who knows what form storytelling will take in the future?”

“Iteration, not ideation, is the most important part of early stage entrepreneurship. You have to have a lot of ideas - a lot of bad ideas - if you want to end up with a good one.”

“Learning and the exchange of ideas is dramatic.”

“Pitching a concept well is certainly important, but ultimately you have to build it.”

“I exited Netflix on wonderful terms, but I don't think I was totally at peace.”

“I don't know if there's a genetic marker for entrepreneurship. But if there is, it's most likely not a genius for planning. It's a propensity for action - and the ability to put failure behind you quickly. To stop being precious about your ideas.”

“When someone uses 'low eight figures,' that means barely eight figures.”

“Usually, when I give talks, I'm 100% there, 100% present.”

“I certainly don't only watch Netflix. I enjoy the fact there is multiple companies producing content. I think it's great for consumers.”

“In 'That Will Never Work,' I give readers a clear-eyed insider's look into how one of the least likely startups grew into one of the world's most successful companies.”

“If you want your company to succeed, you have to have the confidence in your business to take a bet on its future - to risk destroying a mediocre business model for the chance to have a strong one.”

“Don't move to L.A to become an actress - you'll just be a waitress. Don't drive to Nashville to become a country music star - you'll just end up playing empty honky-tonks at two in the afternoon on a Tuesday.”

“At Netflix, we realized that we weren't in business with the Toshibas and the Sonys of the world. We were in business with the guy sitting at home trying to find a DVD to watch. If we had the courage to focus on him, everyone - movie studios, electronics companies, Netflix itself - won.”

“I just always believed we would succeed. Even when everyone else said my ideas were ridiculous. Even when we were almost out of money. Even when the metrics were all upside down. I always have confidence that I'll figure something out. I just have that confidence that things are going to work out fine.”