This document discusses the importance of social media engagement for business leaders and CEOs. It notes that 70% of consumers do online research before purchases and over 75% use smartphones to help with shopping. Over 80% of moms do online research after seeing TV ads. The document seeks to address common myths about social media, including that it takes too much time, people have nothing valuable to share, or that it could damage professional reputation or privacy. It provides examples of how CEOs and leaders are effectively using social platforms like Twitter to engage with customers and employees. The overall message is that social media can be a cost-effective way for business leaders to connect with audiences if certain myths are addressed.