2. INTRODUCTION
In early days Mark Zuckerberg had wandering
nature somewhat like Steve Jobs.In 2009 he
started wearing tie to live a disciplined life.In
2010 Mark Zuckerberg started learning
Chinese language.He has 56% share in
company.Today Facebook is bigger company
than Disney & Mc Donald.
3. STRATEGY
MarkZuckerberg made friendship with
enemy’s enemy.Microsoft won competition
against Google to get its advertisement sold on
Facebook banner.Facebook benefitted ,when
Microsoft bought Skype as it had share in
Microsoft.
4. DECISION MAKING
Mark Zuckerberg takes unpopular decision.In
2007 Facebook was offered investment from
American investment firm,but he took finance
from Hongkong,German & Russian
firms.Colleagues opposed decision ,but Mark
Zuckerberg did not changed decision.
5. DECISION MAKING
Engineers of Facebook wanted to give name to
button related to post as “Awesome”,but Mark
Zuckerberg gave name “Like”.
Today people are realizing how Facebook took
right decision by rejecting offer of Viacom &
Yahoo.
6. RECRUIT RIGHT PEOPLE
In initial days of founding Facebook few
investors wanted to work with Mark
Zuckerberg.But he promoted only his
colleagues.Von Natta was made COO. Mark
Zuckerberg believes that youth can better
focus on important things as they live simple
life.
7. UNDERSTAND NEEDS OF
CUSTOMER
Mark Zuckerberg believes that entrepreneur
should know needs of customer more better
than customer themselves . In September
2006 Facebook started Newsfeed .7Lakh users
opposed this decision, but Mark Zuckerberg
went ahead with his decision.
