As Netflix grew, its co-founder Marc Randolph recognized that it was time to step down and allow new executives to take charge. After the company went public in 2002, Randolph downgraded his role and focused on leading smaller startups.
He learned that his true passion was working with smart people to tackle big challenges and turn ideas into reality. Netflix continued to thrive, and today it has over 230 million subscribers worldwide.
Randolph now mentors other startups as a CEO coach and encourages entrepreneurs to build, test, and sell their ideas. Randolph’s story is a testament to the power of entrepreneurship and the importance of adapting to change.