John Felkins
speaker
3,385 appearances
19 recordings
1 series
first heard Jul 2026
last heard 2d ago
John Felkins’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 19 in all, peaking in Sep 2026 with 10.
Appearances
Company and assigned them almost $1.5 billion in debt in the separation.
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It was a crushing blow.
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Blockbuster had no protection from a parent company, they didn't have enough cash flow to invest in the business, and three strikes against them were high interest payments, declining revenue, and high fixed costs to keep those brick and mortar stores running.
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Blockbuster's final fatal mistake, they crippled the company with.
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Debt.
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Once Netflix started streaming in 2007 and the 2008 global economic crisis, it was all over.
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By 2010, Blockbuster was filing for Chapter 11 bankruptcy to clear about a billion dollars in debt.
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After 20 years of being the top dog, everything came crashing down.
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A lot of business owners believe debt is necessary to grow their business, but at entree leadership,
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We teach that debt limits your options when you need them the most.
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Debt is risk.
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Cash is freedom.
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Our business runs at the speed of cash.
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Slower is safer.
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You're able to ride out the storms.
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So let me ask you: if revenue dropped tomorrow, would you have the cash flow to survive?
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Ultimately, Blockbuster didn't die because the world changed.
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They died because they didn't change with it.
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It's a failure of vision, a failure of nerve.
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They thought they were just in the video rental business.
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Showing 521–540 of 3,385 · page 27 of 170
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