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Entrepreneur Weekly

Feb 16, 2019

Necessity Fuels the Spirit of Entrepreneurship:

Going to the theater has been one of America's favorite pastimes for over 100 years, but modern cinephiles are enjoying the latest blockbusters from the comfort of their own homes. As viewing preferences change, movie theaters have sought alternative revenue streams to stay afloat, explains Cliff Marks, President and Interim-CEO of National Cinemedia (NCM). NCM's branch, Noovie, may be just the ticket to bring the big screen into modernity, giving viewers the opportunity to interact with the experience through smartphones, and offering innovative advertising solutions to businesses. Find out how NCM has evolved to keep pace with the advancing technology of the film industry. Next, we are joined by Nathan Miller, President and Founder of Rentec Direct, who got into App development out of sheer necessity. Nathan was managing multiple rental properties, and keeping track of them started to get overwhelming. He created the Rentec Direct App which allows property managers and landlords to seamlessly connect with their tenants, and organize their properties, financial records, and tax records. Rentec is now serving over 15,000 happy users. Discover why Rentec's 'customer success' philosophy is the key to outperforming the competition. 

  • [00:00:00] Surviving Disruption at the Cinemas 
  • [00:05:31] Noovie Provides Alternative Revenue
  • [00:11:30] Innovative Brand Extensions Deliver Success
  • [00:18:21] Connection Through Vertically Integrated Assets
  • [00:25:00] Manage Your Rentals from Your Smartphone
  • [00:33:21] Avoid a Mundane Career, Build Out of Passion