Netflix, Inc. (NFLX): Reed Hastings’ Secrets


In an article on Challenges, Philippe Boulet-Gercourt talked about life and business strategy of Netflix, Inc. (NASDAQ:NFLX) CEO Reed Hastings. Gercourt thinks that Hastings is the champion of doing things in his own way. Hastings has always believed in ‘staying un-predictable’ and his business strategies revolve around doing things that are sometimes totally different. But in these apparently strange things lies the true success for Netflix, Inc. (NASDAQ:NFLX)’s CEO.

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Gercourt said that because of Netflix, Inc. (NASDAQ:NFLX), Hastings became a billionaire. Hastings has always opted for things that are out of the main market streamline.  The source quoted Gina Keating, Reuters reporter who said that Hastings comes from a very rich and noble family. Such is the fame of Hastings family that birth and marriages inside the family are published in the notorious newspapers like The New York Times. Interestingly, Hastings chose to get admission in an average university despite of the fact that he could have easily landed in Yale or Harvard. In a summer internship, Hastings went for a job where he was to sell vacuum cleaners door to door. This apparently seems strange, but Hastings thinks that this job gave him an opportunity to meet with different people.

Netflix, Inc. (NASDAQ:NFLX)’s CEO was great at mathematics. He didn’t apply for some high profile job after his college degree. He taught mathematics at a local town and kept on studying computer science. Later on, Hasting founded his first company, Pure Software. But things just couldn’t go the way Hastings wanted. Pure Software was sold in $ 700 million in 1997.

The article then explains how Hastings went on with his constant struggle to find his dreams and ultimately landed on founding floor of Netflix, Inc. (NASDAQ:NFLX). Netflix, Inc. (NASDAQ:NFLX) is currently the biggest online streaming service. It is expanding in Europe and beyond rapidly.

 Carl Icahn‘s Icahn Capital Lp hold around 1 million Netflix, Inc. (NADSAQ:NFLX) shares.

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