Learning Mistakes: Lessons From From Netflix, Redbox, And MoviePass With Mitch Lowe

Entrepreneurship is about learning from your past mistakes to find future success. Running a startup is a learning process. You can have the idea or the solution to a problem, but you need to understand the market. Mitch Lowe did all of that. He ran video stores in the 1980s and 1990s before he cofounded Netflix. He then left Netflix to create a DVD kiosk business called Redbox. And after finding great success, he became the CEO of MoviePass which influenced the trajectory of the business of movie theatrical exhibition. Now, he is teaching other entrepreneurs on how to simplify their business. He is helping them create winning product ideas with intuition, perseverance, analytical thinking, and love. Join Dr. Patty Ann Tublin as she talks to Mitch Lowe (https://www.mitchlowe.net/), the co-founding executive of Netflix, former CEO of MoviePass, and former President of Redbox. They talk about the lessons you learn as an entrepreneur and how you should run a business in this day and age.

Bullets:

●       Co-founding executive of Netflix

●       Brand new book: Watch and Learn (Sept 2022)

●       Never graduated from high school.

●       After Netflix he became an executive at McDonald’s

●       Then created Redbox, a DVD kiosk - became 3rd largest rental company in America - 35,000 locations & $1.5 billion in revenue

●       Became CEO of MoviePass (grew to 3 million subscribers in 8 months)

●       Now uses his experience growing successful startups to teach entrepreneurs how to simplify their business.

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