Facebook: A Formula to Be Like Mark Zuckerberg

Facebook

While not everyone can be Mark Zuckerberg and while not everyone may like him, there are formulas and principles about Zuckerberg’s success in Facebook that one can still emulate. A few of these qualities that allowed him to be a successful entrepreneur entail not letting criticism bring him down, staying in the process, and finding mentors to help him achieve his dreams.

There were many people who criticized Zuckerberg for his character and for some of the decisions he made. However, one cannot please everybody and mistakes will be made. A good lesson to learn is how to use criticism to one’s advantage and learn from it. Zuckerberg did not allow criticism to derail him, so focusing on what is right rather than what is wrong may help one to continue towards the goal.

Zuckerberg did not give up and stayed in the long process. There are many people who give up before they finish something simply because they believe it is too difficult. As a result, these people do not get to reap the rewards gained through perseverance. What if Zuckerberg gave up after he encountered his first glitches, had company personnel difficulties or saw other social media sites like MySpace as too much competition?

Thankfully, he did not. Those who stay in the process no matter what it looks like are the ones who learn the most, whether they win or lose. If they fail, they can see where they made a mistake and try a different approach. If they win, then they can build on top of that victory. However, those who run away from the process usually do not fully realize their mistakes and are likely to keep repeating the same mistakes in the future.

When Zuckerberg began Facebook, there were a lot of things he didn’t know about running a business. One of his co-workers even told him that he needed “CEO lessons” due to his underdeveloped leadership skills. Soon after, Zuckerberg found mentors that he could learn from, including the influential Steve Jobs, and has improved in managing a team since then.When one is starting off in a new venture, whether it may be creating a new product or pursuing a dream career, often times one  is clueless as to what to do. There are people who have walked through life longer and are willing to help others use their experiences as a guide. Finding a mentor or asking veterans for advice can offer great insight and shed light onto one’s own path.

In a book callled Think like Zuck: Five Business Secrets of Facebook’s Improbably Brilliant CEO, author  Ekaterina Walter’s talks about the formula of the “five P’s”  she believes led to Zuckerberg’s success.

The first essential quality is to have passion. If one is passionate about an issue or a product, that passion will drive one  forward even through the bad days.

The second quality she mentioned was purpose. Mark Zuckerberg was not out to simply create an interesting product. Instead, his mission for Facebook was to make the world more open and connected by giving people the power to share things that matter to them, network with friends and acquaintances, and discover what was happening in the world around them.

The third “P” includes people. Finding the right people to build a dynamic team in order to keep the company moving forward is critical of its success.

Fourth is the quality of the product and making something that is out of the ordinary, something that breaks rules. Although Facebook was not the first social networking site, there were a lot of things that it did do differently such as incorporate the “like” and “share” buttons.

Zuckerberg cared so much about presenting a quality product to his consumers that he turned away a lot of advertising clients in the beginning because he knew it would add clutter to the page and turn users away.

Lastly, Walter ties Zuckerberg’s success with the partnerships he created. He surrounded himself with people who fueled his imagination and encouraged his creativity. Facebook founder Mark Zuckerberg’s formula for success can help set the principles in which others can succeed, and many can learn from Zuckerberg’s life just as he learned from other pioneers in his industry.

Opinion by Joyce Chu

Sources:

Business Insider

Business News Daily

Facebook

Your Thoughts?