6/8/2023 0 Comments Book that will never work![]() ![]() Imagine if Reed and Marc (founders of Netflix) gave up on their idea.īut Marc believed in his idea as the Internet hadn’t developed yet. The idea of selling DVDs sounded illogical to many investors as the newer technology was around the corner.Īnd the author faced quite a lot of problems due to this. ![]() That was also the time of the Dotcom bubble.Įveryone was talking about it in the same way people talk about crypto today. So people bought DVDs of their favorite movies. ![]() ![]() Today, we all enjoy various TV shows and movies while reclining on our couches, but people didn’t have fast Internet back then, around 1995-2000. If you don’t know, Netflix wasn’t always a subscription-based streaming service. He said that the plan to sell DVDs was rubbish. When the author was trying to get funding for Netflix, his idea was rejected by a potential investor who had a background in DVD technology. Opinions of so-called experts have killed many dreams. This book summary is a must-read if you have any digital business or plan to launch one.īecause in this book summary, I’ve shared fantastic business lessons that any digital business can benefit from.Īlright, so without further ado, let’s dive right in! Lesson #1: Trust facts more than you do opinions. How did Netflix raise millions of dollars and ultimately acquire millions of customers? Who were its competitors in the initial days? How did the founders pick up the name NetFlix.Com? How to Fix Netflix Not working on Samsung TV? (TroubleShooting) ![]()
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