This is a great video interview with Marc Randolph by Laura Schreffler at Haute Living and a an abstract of some of the conversation below.
Netflix is the one thing getting people through this quarantine (that and banana bread). How does it feel to be one of the people responsible for starting something that’s this powerful in a time of need?
I have been reflecting on the positive contribution Netflix is making now. You’ve got to understand that in many ways my biggest or most well know achievement in life was developing this way of having people spend more time in front of a screen, which I’m not quite sure how I should feel about. Now of course that I get so many notes from people saying this is one of the things helping people cooped up inside—especially those being copped up with small children—and it’s a way to bring these families together and pass the time. I feel quite a bit of pride having helped develop something that’s helping people in this difficult time.
What do you want to accomplish?
‘I’ve been doing keynotes speaking for years, where I go and get in front of an auditorium and get three or four thousand people and get to spend an hour with them and of course you don’t change a thousand people’s lives very much in an hour, maybe a little bit if I’m lucky, and then of course I wrote the book so now I get to spend twelve or thirteen hours with somebody and I have the people that I mentor which is only a handful of people but I spend hundreds of hours with them and I am coming to realising how do I take the things that I have learnt, how do I scale that? How can I be more effective at helping other people to unlock their potential that I believe everybody has’.
Do you ever have any regrets [about stepping down as Netflix’s CEO]?
Zero regrets. Or one regret in a thousand non-regrets. In some ways would it be fun to still be sitting around the table at Netflix and solving these really interesting programs? Absolutely. I learned something about myself quite a long time ago: Which are two things. What do you like doing and what are you good at? The reality is for me, they’re the same thing. They’re early stage companies. I love when companies are new, when the problems are all new… As Netflix grew and became more successful, less and less of it was start-up-y… I realized the things that I loved was doing start-ups. For the last 15 years I’ve gone back to doing the thing that I love doing—and quite frankly—I’m pretty good at it. No regrets. And especially now when most of what I spend my time on is mentoring other early-stage entrepreneurs. I spend my time solving problems, but I get to go home at night. I get to pursue my other outside interests. I’m the most fortunate guy you’re ever going to meet.
Would you say that having a strong team around you is the secret to success?
There’s no question about it. One of the reasons that I wrote That Will Never Work is to tell this behind-the-scenes story of Netflix. That it was not something that springs out of one person’s mind in some moment of inspiration like Newton under the apple tree… These are ideas that are the contributions of dozens of people… all contributing something different. I wanted to show that it was a team who built Netflix… Ultimately, that’s all you really have is the people. The culture is so important, why how you treat people is so important which is why who you pick to have around you is so important.
What is the best piece of business advice that you can impart?
Start. That can be implied two different ways… Most people have these ideas… and we do the thing that is second nature, we keep them nestled in these safe, warm parts of our brains… But the world is a much harsher reality and too many people are scared to take these ideas when they feel like they’re not fully formed and put them out there. But you have to put them out there… The biggest problem people have is they don’t start and if you don’t start, of course you never get anywhere. People who are in business now have started and are trying things but almost universally they wait too long… What I realized is that almost universally that preparation time is wasted. I’ve never seen someone take their idea and put it out into the world too soon.
What would you say is the most important takeaway from “This Will Never Work”?
What I want people to say is what really goes on at a start-up, that this is not about getting rich, not about getting famous, not about being on Shark Tank. I wanted to create a real picture of what it feels like to take a crazy idea that no one thought would work—that my wife didn’t think would work—and that somehow through perseverance and creativity, you finally find a way to make it successful. It’s not easy; there are tiers, you have to fire people that have worked for you selflessly for years; there are times where you’re almost out of business; there’s people slamming the door in your face, but somehow, god that’s fun.
For more information on Marc Randolph please view his Bio here:
Oration Speakers is four years in business this month, even though we have been working with many leading Keynote Speakers and Thought Leaders, Nobel prize winners in the area of technology, politics and economics since 2006.
Oration Speakers has grown to be a high Level Speaker Bureau and a trusted organisation that event organisers and busy CEO's come to when they need advice and consultation on sourcing the best Keynote Speaker and Thought Leaders for their conferences worldwide.
We are grateful for the wonderful Thought Leaders and high quality Corporate event Speakers we have worked with since we commenced business. From our very first engagement with Mr Larry Brilliant, to other big-name Keynote Speakers, such as Mr Steve Wozniak, Mr Marc Raibert (and his Spot Mini Robot), Mr Steven Pinker, Mr Nassim Taleb, Mr Ricardo Semler, to name but a few! We are also work with new and upcoming Speakers, who are might not be as well known, just yet!
We are also grateful to have forged wonderful working relationships with our clients, who organise tech conferences to marketing conferences to sustainability conferences and all sorts of conferences in between, who trust in us and know that we will deliver. We enjoy providing valuable advice on the best Thought Leaders and inspirational Speakers they can choose from.
Moving forward for 2020, based on our experience and what we see are the most highly requested topics, below are eleven key key emerging trends/topics that should supercharge your event planning and provide engaging content for your audience.
Robotic engineers are designing the next generation of robots to look, feel and act more human. To make it easier for us to engage with a machine, the challenge is to make robots look aesthetically more pleasing so we can interact with them more effectively in our everyday lives. There is of late an increasing demand for ‘humanoid’ robots, a robot that appears to resemble a human without actually being one. Oration Speakers has already booked a humanoid robot for a conference in 2020.
This type of data analysis is steadily influencing the lives of those who own IoT devices, like smartwatches, phones, cars, and more and continues to be a popular theme at conferences.
ARTIFICIAL INTELLIGENCE (AI)
We are currently seeing an increase in the accuracy and availability of real-world simulations, which is continuing to be more powerful and accurate. More devices will continue to run AI-powered technology and AI will continue to monitor and refine business processes.
Virtual Reality where users wear a headset and are fully immersed in computer-generated environments and Augmented reality, where computer images are superimposed onto the user's view of the real world continue to be trending topics.
THE INTERNET OF THINGS
As robots and computers are talking to each other more efficiently this has speeded up business decisions. IoT has affected how companies are managed by stripping layers of management thus making significant changes to the work environment (the next trend).
THE FUTURE OF WORK
The future of work offers unrivalled opportunities but yet poses serious challenges. Globalisation, technological progress and demographic change are having a profound impact on society and labour markets. Accelerated action is needed for people to meet the challenges of the changing world of work. Again, a very common theme affecting all industries.
2020 will see newer, faster and frequently changing digital technology to solve problems. One of the examples of digital transformation is cloud computing, this is the in-demand availability of computer system resources, especially data storage and computing power, without requiring direct active management by the user. Technology, such as 3D printing and Nano technology will also continue to play a big part.
THE FUTURE OF MEDIA
The future of traditional newspapers and the role of media. The apparent decline of traditional newspapers and the expansion of mobile web access. The obvious increase in the consumption of online news media is leading to the stagnation and in some cases decline in print readership and advertising.
This in turn is leading to an increased investment in better websites and brands are being challenged in how they market, communicate and engage with employees, customers and consumers resulting in more competition.
On the other hand, consumers are getting more concerned about how their data is being used so data is going to become more scarce. Nevertheless, this same data/metrics is now yielding more concise information, (through AI and Deep Learning) and these metrics are already improving the value that brands can expect from influencer marketing and brand integration.
FUTURE OF SOCIAL MEDIA
Social media is also being affected and it will continue to grow. It will expand within and beyond marketing to become an essential part of how organisations deliver outstanding customer experience, regardless of whether it’s business-to-business, business-to-consumer or business-to-employee.
This technology and innovation continues to compete with traditional financial services in the delivery of financial services. As a result of the app economy, the question now is who processes and makes money from online payments. The battle between banks, credit card companies, telcos and software companies continues to be a major trend.
It is becoming more important for businesses to ensure that the data that they work with is protected. As technology evolves, so does the way business is done worldwide.
As the world continues to become more digital, computer hackers continue to invent new ways to steal data. Bizarrely, even though this is of upmost importance, companies/consumers seem to be ambivalent about the threats of cybercrime. We work with a host of Speakers who can talk about cybersecurity.
SUSTAINABILITY AND THE ENVIRONMENT
Climate change is such a hot topic at the moment and it is becoming more important than ever to keep up with and invest, in the latest sustainability efforts, particularly in the world of business.
Important topics such as the changes in energy production and reducing consumption, changes to how we eat, such as the new popularity of plant-based eating to our burgeoning relationship with plastic and recycling. The upshot is the impact consumer awareness and youth advocates on affecting government regulations and policies.
In our opinion these are the most in demand themes, however on a more optimistic note, even though Automation is going to continue to have a massive impact on everything in the next one or two years, human creativity and insight is still of upmost important. Real success depends on creativity rather than just platform knowledge, which can become commoditised over time.
Hearing a leading Thought Leader in any of the above topics can influence how your business grows and develops. New challenges and huge new opportunities are ahead! For information on any of the themes above or to discuss potential Keynote Speakers for your event above please contact firstname.lastname@example.org.
Each of us relates to technology in a unique, highly personal way, but there is growing evidence that most of us, especially younger people are addicted to our phones. To combat this some tech giants are announcing measurements to help mobile addicts. Facebook and Instagram will soon start letting people see how much time they are spending on their apps, while Apple's Screen Time and Google's Digital Wellbeing will tell you how many times you pick up your phone, how often you use certain apps, how many notifications you get and also give you the ability to limit your time on your apps.