Passionate about Pos... • 5m
Netflix didn’t just beat Blockbuster—they exploited its biggest weakness. In 2000, Blockbuster made $800M from late fees. Customers hated them. Netflix saw an opportunity. Instead of charging per rental, they launched a $19.99/month unlimited plan. No late fees. No return deadlines. No stress. They weren’t just selling movies—they were selling freedom. By 2010, Blockbuster was bankrupt, drowning in nearly $1B of debt. The lesson? The best business opportunities aren’t always about creating something new—but eliminating a pain point. Netflix didn’t disrupt just rentals. They disrupted stress.
Entrepreneur | Build... • 2m
The Missed Billion-Dollar Mistake No One Talks About 🔥 In 2000, Netflix offered to sell itself to Blockbuster for $50 million. Blockbuster laughed them out of the room. Fast forward — Netflix becomes a $200+ billion behemoth. Blockbuster? A dusty
See MoreFounder: Nodes Tech • 4m
“Sell Benefits, Not Features” Apple didn’t sell the iPod by saying, “We have 10GB of storage.” They said, “1,000 songs in your pocket.” Because let’s be honest—no one outside of IT geeks gets excited about gigabytes. Similarly, when Tesla promotes a
See MoreDownload the medial app to read full posts, comements and news.