That Will Never Work Book Summary

In 'That Will Never Work', Marc Randolph, co-founder of Netflix, unveils the thrilling journey behind the creation of a revolutionary entertainment giant. With humor and candid insights, he shares the early struggles, near-failures, and unexpected successes that shaped Netflix's path to dominance. Randolph’s approach to innovation and risk-taking challenges conventional wisdom and inspires aspiring entrepreneurs. Discover the pivotal moments that turned skepticism into triumph as he recounts the unorthodox strategies that defined a cultural phenomenon. This gripping narrative is not just about Netflix's rise, but a masterclass in resilience and creativity.

By Marc Randolph

Published: 2019

"The path to success is not a straight line but a series of unexpected turns, requiring us to adapt, learn, and persevere through challenges."

Book Review of That Will Never Work

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.

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The path to success is not a straight line but a series of unexpected turns, requiring us to adapt, learn, and persevere through challenges.

That Will Never Work

By Marc Randolph