My number one piece of advice is: you should learn how to program.
Mark ZuckerbergRead
When most people ask about a business growing, what they really mean is growing revenue, not just growing the number of people using a service. Traditional businesses would view people using your service that you don't make money from as a cost.
Interpretation
What this quote means
The focus of business growth should be on revenue generation instead of just increasing user numbers.
Mark Zuckerberg emphasizes that when discussing business growth, many people mistakenly conflate an increase in users with actual financial success. Traditional business perspectives often see users who do not contribute to revenue as costs rather than valuable assets, highlighting the need for strategies that prioritize revenue and profitability over mere user acquisition.
Themes
BusinessGrowthRevenueUsersProfitability
In practice
Example use cases
When giving a presentation on business strategy, this quote can highlight the importance of focusing on profitable user acquisition.
More from Mark Zuckerberg
All quotes →I literally coded Facebook in my dorm room and launched it from my dorm room. I rented a server for $85 a month, and I funded it by putting an ad on the side, and we've funded ever since by putting ads on the side.
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People can be really smart or have skills that are directly applicable, but if they don't really believe in it, then they are not going to really work hard.
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Simply put: we don't build services to make money; we make money to build better services.
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The question isn't, 'What do we want to know about people?', It's, 'What do people want to tell about themselves?'
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Building a mission and building a business go hand in hand. The primary thing that excites me is the mission. But we have always had a healthy understanding that we need to do both.
Mark ZuckerbergRead
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