Chad Meredith Hurley (born January 24, 1977) is an American media mogul, co-founder and former CEO of the video-sharing websites YouTube and MixBit. In June 2006, he was voted 28th on Business 2.0’s “50 People Who Matter Now” list. In October 2006, he and Steve Chen sold YouTube for $1.65 billion to Google, Hurley worked in eBay’s PayPal division—one of his tasks involved designing the original PayPal logo—before starting YouTube with fellow PayPal colleagues Steve Chen and Jawed Karim. Hurley was primarily responsible for the tagging and video sharing aspects of YouTube.
“I try to absorb all types of style and design. I don’t try and restrict my thinking. I enjoy the old and the new. You need that broad perspective to create something different.”
Successful Creative Entrepreneurs are open-minded people always looking for opportunities in the marketplace.
During our years of producing gourmet foods, we were always looking for what was missing. What places or people in the market were not being served with the current line of products? We visited gift shows and checked out gift and gourmet shops. Also, we asked our retail store buyers what products people were asking for that they did not have in the store.
Our research revealed that women, who made most of the gift and gourmet foods purchasing, were looking for unique gifts for the men in their lives. The market research we conducted early on resulted in our Idaho Redneck sauces and personal care products!
Who would have come up with that line of products without being open-minded!
I would like to share one final quote from Chad Hurley — which talks about his insights to success: