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Aug 24, 2022

Wilmot Reed Hastings Jr. is an American billionaire businessman. He's the co-founder, chairman, and co-chief executive officer of Netflix. Hastings also sits on a number of boards and non-profit organizations. A former member of the California State Board of Education, Hastings is an advocate for education reform through charter schools. In 1997, Hastings and former Pure Software employee Marc Randolph co-founded Netflix, offering flat rate movie rental-by-mail to customers in the US by combining two emerging technologies; DVDs, which were much easier to send as mail than VHS-cassettes, and a website to order them from, instead of a paper catalogue. Netflix has amassed a collection of 100,000 titles and more than 100 million subscribers. Hastings had the idea for Netflix after he left Pure Software. "I had a big late fee for Apollo 13. It was six weeks late and I owed the video store $40. I had misplaced the cassette. It was all my fault. I didn't want to tell my wife about it. And I said to myself, ‘I'm going to compromise the integrity of my marriage over a late fee? Later, on my way to the gym, I realized they had a much better business model. You could pay $30 or $40 a month and work out as little or as much as you wanted."

 

5x #1 Bestselling Author and Motivational Speaker Erik Qualman has performed in over 55 countries and reached over 50 million people this past decade. He was voted the 2nd Most Likable Author in the World behind Harry Potter's J.K. Rowling.

 

Have Erik speak at your conference: eq@equalman.com

 

Motivational Speaker | Erik Qualman has inspired audiences at FedEx, Chase, ADP, Huawei, Starbucks, Godiva, FBI, Google, and many more on Digital Leadership.

 

Learn more at https://equalman.com