WHAT ENTREPRENEURS CAN LEARN FROM THE STARTUP-TURNED TOP-INTERNET COMPANY
Netflix, the online video streaming service, has become one of the biggest success stories of its kind. The company offers affordable monthly plans to individuals to enable them to access the movies that they desire to watch. Netflix became legendary after causing movie rental chains to go bankrupt as it captured the market! The secret of its success lies in the fact that it has transformed itself over the years. It started with a DVD-by-mail business which forms only a small part of the firm today. Netflix is known the world over as an internet television network that is poised to compete against broadcast television shows. Some of the features of Netflix include the following:
Internet TV can be provided from the cloud to any screen in all parts of the world (subject to laws).
It is highly personalized. This is done through a viewer’s custom preferences and forecasts based on data drawn from many sources, like Facebook and other social media.
It is supplied on demand, without restrictions of time and place.
According to a post in Upgrad blog, Netflix has more than 75 million subscribers spread over more than 190 countries. Each day, all subscribers treat themselves to 125 million plus hours of movies and television shows.
Netflix had started as an entrepreneurial venture, a start up like any other. Thus, every entrepreneur can learn by taking a leaf or two out of its book.
Here are a few lessons from Netflix an entrepreneur can take home:
この記事は Small Enterprise の May 2018 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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この記事は Small Enterprise の May 2018 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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Do startups create jobs? This could unarguably be one of the most sought after questions in recent times. While it is out and clear that startups make way for employment opportunities, the discussion boils down to the importance of startups in creating jobs. The startup ecosystem indeed plays a major role in job creation and is touted as an economic panacea.
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Recent years showed a considerable rise in the startups of India. During globalization, MNCs or Multi-National Companies had a massive role in India’s economic growth. Now, it seems that startups are revolutionizing the Indian economy. These startups are amplifying the revenue generation and enriching the GDP.
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The Economic survey in 2019-20 using World Bank’s data on entrepreneurship stated that India ranks third in the number of new firms created. However, India ranks significantly lower in terms of intensity when compared with countries like UK and US.
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