Netflix Co-Founder Says Entrepreneurs Should Constantly Remind Themselves That ‘Nobody Knows Anything’

Inc (10/22/2019)
  • In his new book “That Will Never Work”, Netflix co-founder Marc Randolph shares that new ideas are often met with skepticism from others.
  • Picking up the phrase “nobody knows anything” from a Hollywoods screenwriter, Randolph notes how big-budget flops and small outside-the-box blow up successes are common occurrences among movies and startups.
  • While the original idea for Netflix (online video store) failed, it sparked its shift into the streaming subscription model.
  • Ultimately, Randolph suggests trying and learning instead of getting discouraged by naysayers.