Reed Hastings became executive chairman of Netflix in 2023, after 25 years as CEO. He co-founded Netflix in 1997. Reed is also a majority owner of Powder Mountain. He is currently on the board of several educational organizations including KIPP and Pahara.
Timestamps for this episode are available below.
Sponsors:
AG1 all-in-one nutritional supplement: https://drinkag1.com/tim (1-year supply of Vitamin D (and 5 free AG1 travel packs) with your first subscription purchase.)
Wealthfront high-yield savings account: https://wealthfront.com/tim (Start earning 5% interest on your savings. And when you open an account today, you’ll get an extra fifty-dollar bonus with a deposit of five hundred dollars or more.)
Shopify global commerce platform, providing tools to start, grow, market, and manage a retail business: https://shopify.com/tim (one-dollar-per-month trial period)
Timestamps:
[06:34] Alfred Lee Loomis and Tuxedo Park.
[07:53] Risk tolerance: nature or nurture?
[10:56] Cultivating culture that “eats strategy for lunch.”
[15:41] The logic behind generous severance.
[17:02] Adapting to Pure chaos.
[18:44] Reference checking potential hires.
[20:29] Context vs. control.
[22:35] Radical candor.
[24:15] Guardrails for maintaining work/life balance.
[27:04] Farming for dissent.
[28:39] Believing in the green crystals.
[30:54] High-performance team, not family.
[31:59] The keeper test.
[32:49] Fire and replace, or replace and fire?
[33:59] Beyond Entrepreneurship and other recommended reading/viewing.
[37:46] A favorite failure.
[40:32] Outstanding leaders.
[41:10] Reed’s two “religions.”
[42:19] Powder Mountain.
[44:44] How Powder Mountain differs from Reed’s other projects.
[46:24] Powder Mountain’s biggest challenges ahead.
[47:02] Could Reed ever really retire?
[47:19] Best investments of time, energy, or money.
[48:49] How can we improve education in the US?
[52:48] What class would Reed teach?
[53:59] Juggling projects without losing focus.
[55:04] Philanthropy: Why Africa?
[55:32] Being “big-hearted champions who pick up the trash.”
[56:28] Reed’s billboard.
[58:01] Parting thoughts.
*
For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.
For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsors
Sign up for Tim’s email newsletter (5-Bullet Friday) at tim.blog/friday.
For transcripts of episodes, go to tim.blog/transcripts.
Discover Tim’s books: tim.blog/books.
Follow Tim:
Twitter: twitter.com/tferriss
Instagram: instagram.com/timferriss
YouTube: youtube.com/timferriss
Facebook: facebook.com/timferriss
LinkedIn: linkedin.com/in/timferriss
Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
#600: Jason Portnoy of PayPal, Palantir, and More — Porn Addiction, The Corrosiveness of Secrets, Healing Wounds, Escaping Shame Cycles, and Books to Change Your Life
#599: New Insights from Sam Harris, Dr. Peter Attia, Ramit Sethi, and Elizabeth Gilbert
#598: Primatologist Isabel Behncke on Play, Sexual Selection, and Lessons from Following Bonobos for 3,000 Kilometers in the Jungles of Congo
#597: Morgan Fallon — 10 Years on the Road with Anthony Bourdain, 9 Emmy Nominations, Lessons from Michael Mann, Adventures with Steven Rinella, High Standards, Wisdom from West Virginia, and More
#596: Edward O. Thorp, A Man For All Markets — Beating Blackjack and Roulette, Beating the Stock Market, Spotting Bernie Madoff Early, and Knowing When Enough is Enough
#595: In Case You Missed It: April 2022 Recap of "The Tim Ferriss Show"
#594: Cal Newport and Tim Ferriss Revisit "The 4-Hour Workweek" (Plus: The Allure and The Void of Remote Work, Unsustainable Behaviors, Burning Out, The Cult of Productivity, and More)
#593: Richard Wiseman on Lessons from Dale Carnegie, How to Keep a Luck Diary, Mentalism, The Psychology of the Paranormal, Mass Participation Experiments, NLP, Remote Viewing, and Attempting the Impo
#592: Dennis McKenna — An Ethnopharmacologist on Hallucinogens, Sex-Crazed Cicadas, The Mushrooms of Language, BioGnosis, and Illuminating Obscure Corners
#591: Tom Morello of Rage Against the Machine Fame — Fear{less} with Tim Ferriss
#590: Tony Fadell of iPod, iPhone, and Nest Fame — Stories of Steve Jobs on “Vacation,” Product Design and Team Building, Good Assholes vs. Bad Assholes, Investing in Trends Before They Become T
#589: In Case You Missed It: March 2022 Recap of The Tim Ferriss Show
#588: A.J. Jacobs — How to Be Less Furious and More Curious
#587: Terry Crews on Masculinity, True Power, Therapy, and Resisting Cynicism
#586: The Random Show with Kevin Rose — Current Books, Men's Groups, Tuna Helper, the Latest in NFTs, Fierce Intimacy, and More
#585: Professor Donald Hoffman — The Case Against Reality, Beyond Spacetime, Rethinking Death, Panpsychism, QBism, and More
#584: Bo Shao — His Path from Food Rations to Managing Billions, the Blessings and Burdens of Chasing Perfection, Building the eBay of China in 1999, Pillars of Parenting, and Pursuing the Unpopular
#583: Susan Cain on Transforming Pain, Building Your Emotional Resilience, Exploring Sufi Wisdom, Tapping into Bittersweet Songs, and Seeking the Shards of Light
#582: Mark Zuckerberg on Long-Term Strategy, Business and Parenting Principles, Personal Energy Management, Building the Metaverse, Seeking Awe, the Role of Religion, Solving Deep Technical Challenges
#581: Rock and Roll Hall of Famer Stewart Copeland — Fear{less} with Tim Ferriss
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Huberman Lab
This American Life
Slate Debates
Stuff To Blow Your Mind
The Incomparable Mothership