waste time,” he jokes. (By the way, his favou-
rite shows are currently Godless and Narcos.)
When asked what is the key to his success,
Randolph says perseverance. “What motivat-
ed me was to solve really hard problems. But
what I’m most proud about is the fact that I
stuck with it, that I didn’t give up, that I had
this incredible confidence that eventually I
would figure it out.”
“Learn to fail quickly” was another key take-
away for both the burgeoning and sage entre-
preneurs in the crowd. Netflix’s early achieve-
ment was a culture of quick testing. “We even
got to the point where we could test things
in a day. Even if it was sloppy it didn’t make a
difference because we realized that if it was
a good idea, it immediately showed through
no matter how poor the implementation was,”
said Randolph. “The insight is it wasn’t about
the single good idea, it was about trying a lot
of bad ones. To make that happen you have to
be willing to keep trying ,trying,trying, which
means failing, failing, failing, but doing so in a
quick enough way with a low enough impact
way that you can recover and try something
else.”
“I never accept status quo. I always believe
something better can be done.”
Steven Caldwell, TSN Analyst,
Giorgio Delucchi, President,
Audi Canada, Marc Randolph,
co-founder of Netflix, Jonathan
Osorio, TFC and Dwight
Drummond, CBC News Toronto
anchor (Photo credit: George
Pimentel Photography.)
JULY 2018 | BUSINESS ELITE CANADA 11
