This article was originally published on Forbes.com. Offering below-market base salaries while paying out aggressive, above-market 20% quarterly bonuses based on personal and professional goals makes sense for a performance-based company, right? We certainly thought so, and we invested a lot of time in selling this method of compensation internally as a key differentiator in our early days. Unfortunately, applicants were wary of taking a cut in base salary and didn’t trust promised...
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This article was originally published on Robert Glazer’s personal blog FridayFwd.com.  The term “creative destruction” has economic roots, but I have come to perceive it as an important philosophy in life and business. It implies that, to create something new, we must destroy or give up on something old. Netflix is one of the rare companies that has embraced creative destruction. A few years ago they decided to compete directly against their own DVD business by offering a streaming...
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