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10 Quotes by Reed Hastings on Innovation and Leadership

TOI-Online | Last updated on - Jun 12, 2023, 07:00 IST
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1/10

10 Quotes by Reed Hastings on Innovation and Leadership

Most entrepreneurial ideas will sound crazy, stupid and uneconomic, and then they’ll turn out to be right.

2/10

Growth Rate

Companies rarely die from moving too fast, and they frequently die from moving too slowly.

3/10

Honesty

Be brutally honest about the short term and optimistic and confident about the long term.

4/10

Business

Tomorrow when you come to work, if it doesn’t make the customer happy, move the business forward, and save us money don’t do it.

5/10

Focus

I learned the value of focus. I learned it is better to do one product well than two products in a mediocre way.

6/10

Teamwork

Do not tolerate brilliant jerks. The cost of teamwork is too high.

7/10

Risk

Guessing right is a skill developed over time. Not all smart risks work out, but many of them do.

8/10

Technology

Stone Age. Bronze Age. Iron Age. We define entire epics of humanity by the technology they use.

9/10

Marketing

Truly brilliant marketing happens when you take something most people think of as a weakness and reposition it so people think of it as a strength.

10/10

Failures

With failures, you learn one of 99 things to avoid. So they are not that useful. I think it is more useful to learn from others' failures.

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