- Marc Randolph cofounded Netflix in 1997, and later founded multiple successful startups.
- Speaking to the Qatar Foundation, he said all successful entrepreneurs share three common traits.
- They think less and act more – and crucially know when it’s time to walk away, he said.
- See more stories on Insider’s business page.
Marc Randolph was Netflix’s first CEO. Before he left in 2002, he played a crucial role, as cofounder, in turning the idea of a DVD-by-mail service into a business now worth more than