Netflix co-founder, Marc Randolph, knows a thing or two about disruptive innovation. Here, he reveals the secret to Netflix’s success, and demonstrates fundamental learnings that can be applied to any sector.
Fail fast and fail often is a mantra oft-repeated in the world of Silicon Valley tech start-ups. And it’s one Marc Randolph firmly believes in, having applied it to the development of his best-ever idea, Netflix.
Businesses that fail to innovate are at risk of going the way of the blacksmith and being usurped by smaller, more agile outfits. Here are four examples of little companies that have proven the theory.