Movies Online Will Never Work (with Marc Randolph)

It seems absurd now, but co-founder of Netflix Marc Randolph was told his company name would never work.

Today, Marc Randolph is sharing some of the same advice he’s giving on his new podcast, “That Will Never Work.” We’ll discuss fighting fear, hiring the right team, having conviction in your ideas, and more. And don’t worry if you aren’t interested in becoming an entrepreneur. We also asked Marc how to interview better (he’s interviewed thousands of people) AND how to ask your boss for a raise. In fact, you’ll be surprised what he has to say about raises.

Wondering what’s going on in the world of fintech?

During our headlines, we’ll share the newest developments in tech that helps you manage money better. From advancements in technology making your information more secure against hackers to new-new digital banks promising more consumer-friendly resources and more, there’s a ton of interesting developments on the horizon. We’ll cover many of them.

Plus, we’ll tackle a headline about Jeff Bezos stepping down from Amazon.

Do you think he finally reached his magic number and has enough to retire? Maybe he gave of the lattes and buckled down? Probably not, but that won’t stop us from talking about setting goals, retirement, and more.

We’ll finish today’s show with a question we often get about 401k plans.

After you leave a company, should you move your funds? Josh left the basement a voicemail explaining that he likes keeping his investments in one place so it’s simple to stay focused on the big picture. However, Josh won’t be able to contribute to the Thrift Savings Plan after he retires from the military. He asks: is there a benefit to keeping his money in the account? Would he be missing out on anything if he rolls his TSP over to a Roth IRA?

As always, we’ll save some time for Doug’s trivia. Enjoy!

• 

• 

• 

• 

• 

• 

---

Thanks to our sponsors who give us the opportunity to bring you 3 shows a week!

Talking Real Money

Co-hosts Don McDonald and Tom Cock deliver straight forward, honest, advice on building the wealth you need for a more secure future. You can listen in wherever you listen to podcasts, or at TalkingRealMoney.com.

Navy Federal Credit Union

If you’re an active duty service member, veteran, D-O-D civilian, or military family member, you can join Navy Federal. That means if you’ve served in any branch of the military–you can join Navy Federal Credit Union. You could pay no fees, get low rates and rate discounts, plus earn cash back and grow your savings. Visit NavyFederal.org for more information.

---

• Top 5 Fintech Trends That Will Shape Financial Markets in 2021 (Entrepreneur)
• Jeff Bezos to Step Down as Amazon C.E.O. (N.Y. Times)

---

Marc Randolph, co-founder of Netflix

A big thanks to Marc for spending some time with the basement today! You can find more from Marc at his site: MarcRandolph.com, and his podcast here: That Will Never Work

Stacking Benjamins has gone visual! Watch our interview with Marc below.

---

Doug’s Trivia

After we say goodbye to Marc, we’ll give some precious airtime to Doug. Here’s his trivia question for the day:

• What does NASDAQ stand for?

---

• Josh prefers to keep his investments in one place, but he won’t be able to contribute to the Thrift Savings Plan after he retires from the military. He asks, are there any benefits to keeping his money in the TSP?

---

Written by: Richie Rutter-Reese

Did you love today’s show? Share it below!