Facebook and 5 lessons by Mark Zuckerberg

Who among us would have been at Zuckerberg's position at least once, but had seized the opportunity?

Like any other business company, Facebook was born from a person with many ambitions and ideas. Zuckerberg is not the world's number one genius, Facebook is not a revolutionary idea either. However, at the present time things have changed a lot: Facebook has become one of the most valuable websites on the Internet and Zuckerberg has become the youngest billionaire in the world. So why did success come to Facebook and not Myspace like what we saw?

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In fact, there's no miracle to do that, anyone of us would have been in Zuckerberg's position at least once. Everyone on this planet carries within them the potential to achieve success. However, in fact, not everyone knows how to turn those potentials into success.

Some factors play a crucial role in any success: leadership, experience, time, money and execution. However, there are always factors that make a difference. These factors are never taught in the textbooks of economic schools. Please refer to some of the following lessons from Mark Zuckerberg's own 'economic school'.

Lesson 1: Passionate about what you do

If you have the idea to create any product that makes hundreds, thousands or even millions of people use it every day, you should make sure you need to do it all with passion and my own enthusiasm.

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The above opinion is not true for all. However, if you are not really passionate about creating an outstanding product, will users be passionate about the product you create? The answer is no. This is a great lesson not only for young entrepreneurs but also for successful entrepreneurs.

Mark Zuckerberg is one of the best examples in recent years about the passion for the product he created. Not only is the person always following the project, Zuckerberg is willing to refuse billions of dollars so that the company can continue the chain of prosperity, knowing that the opportunity will never come a second time. It must be extremely difficult decisions!

Lesson 2: Do not stop evaluating

In a business environment, there are usually two types of people: one is a temporary instinctive business, the other is a careful person who analyzes in detail, compares the advantages and disadvantages, gains and losses to give The decision to do the least damage. Mark Zuckerberg is the second type.

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Zuckerberg insists that his employees are the most reliable analytical charts. Their goal is quite simple: allow Zuckerberg and his colleagues to assess the level of interest in new features launched, thereby giving global reviews.

While many other companies are only interested in how to advertise to get the most, Facebook has a different direction. The company focuses on optimizing user benefits. More precisely, Zuckerberg wants to know which features are really effective and which are not.

Do whatever you can to find ways to measure successes and failures. But don't be attracted to the figures too but forget about creative improvisations.

Lesson 3: Ready to experiment

In the infancy of Facebook, with the desire to bring the highest convenience to users, Zuckerberg has regularly upgraded his website without much concern, since the number of users at that time was only a few. thousand.

Things have changed when Facebook has grown on a global scale. Users now rely on Facebook more than any other website on the Internet (probably except Google). In this respect, any failure is unacceptable.

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Zuckerberg still pursues a method of professional development. That's why Facebook is constantly giving users new features: changing website layouts, chat features, allowing third parties to develop applications on Facebook.

The lesson is that even if there are people who do not like the change constantly, especially for personal privacy and site layout, then if you are a visionary, be determined to accomplish your goals. I came along even though I had to put in a lot of effort, sometimes I had to accept the risk.

Lesson 4: Know the opportunity

Before Facebook, another well-known Harvard app called CourseMatch allowed its students to compare the courses they chose at each semester. Zuckerberg found that students often wanted to know which class they had chosen, and he considered it an opportunity.

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Facemash is also a website of Harvard students allowing students more or less to recognize where they are in social relationships. It has become this site that cannot be used with every student. And once again Zuckerberg realized the opportunity from what Facemash brought.

What Zuckerberg does is not a miracle. However, it requires successful people to see the problem from a very different angle.

Opportunities are always present around us, especially in the Internet environment, where making millions of dollars has become easier than ever. However, because there are so many opportunities, we sometimes become 'indifferent' with the clear opportunities. Therefore, the ability to detect opportunities is an invaluable skill that not everyone has.

Lesson 5: Create useful products

Facebook is not simply an interesting website that users occasionally visit to see. Facebook has become a tool that allows millions of people to connect with each other, significantly dominating the internet world. People use Facebook to share experiences or add new knowledge. Most importantly, Facebook has done something that other websites cannot do or have not done so well.

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Facebook has created a virtual environment for users to interact with real-life friends. Perhaps the number of 700 million users is the clearest evidence for the success of this social network.

The best advice for you when you want to start your business is: " Create useful products ."

The explanation for which product or service is useful is simple: that is what we need to use every day as a basic need. Create useful products that people need to use every day, and turn it into a unique product. That is the key to your chance of success.