Each profitable model began as nothing greater than some scribbles on a bit of paper. The identical could be stated about Netflix, whose co-founder Marc Randolph nonetheless has a duplicate of the outdated authorized notepad paper used almost 30 years in the past to assist create the corporate (You may see it for your self beneath).
If you consider the identify “Netflix,” it sounds completely becoming and descriptive of what the product is — no substitute can examine. However as Marc skilled, the time period had no which means till he and his staff made it into what it’s right this moment. Entrepreneurs consistently ask him how he got here up with the identify, and through an unique Q&A with Marc, he gave us the entire story. He additionally offered some helpful ideas for entrepreneurs making an attempt to create the subsequent huge model relating to naming conventions and what landmines try to be listening to to avoid wasting time down the street.
