Reed Hastings
๐ค SpeakerAppearances Over Time
Podcast Appearances
And it only works if they see the leader, in that case, Jamie or was myself at Netflix, are clearly willing to sacrifice their self for the benefit of the company.
And then when you get that and everybody's working towards the company's success, it's very powerful force.
It's two, zero, some.
I would say it's a little more of both.
But what he's trying to get the point across is building the team is a distinct operation.
But if you build the team from a bunch of high school football players, that's not going to win.
You still can't compete.
But again, he's saying it dramatically to make a point.
It's like saying only the paranoids arrive.
And when Andy Grove said that for two decades, that was like the phrase.
But it's not literally true because the paranoid are delusional.
And they see everything as a crazy threat and they can't differentiate what's an important threat and what's not and what's reality.
But it was a provocative and memorable statement to try.
to get people to be business leaders, to be more worried about what could happen to them.
Sure, the money goes to the employee.
It doesn't go to the manager.
But managers are generally selected because they have good human skills and they like people.
And so it's very hard for them to let people go.
And so if you are giving the terminated employee a big severance package, it makes it easier on everyone.
And so that's one of the hidden benefits of it.