My number one piece of advice is: you should learn how to program.
Mark ZuckerbergRead
Simply put: we don't build services to make money; we make money to build better services.
Interpretation
The focus of a company should be on improving its services, with profit serving as a means to that end.
This quote by Mark Zuckerberg emphasizes the idea that the primary goal of a business should not solely be profit generation, but rather the creation and enhancement of valuable services or products. By prioritizing the improvement of services, businesses can ultimately lead to greater financial success as a natural outcome of delivering value to customers.
In practice
This quote can be used in a business seminar to inspire entrepreneurs.
My number one piece of advice is: you should learn how to program.
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.
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.
The question isn't, 'What do we want to know about people?', It's, 'What do people want to tell about themselves?'
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.
I think a simple rule of business is, if you do the things that are easier first, then you can actually make a lot of progress.
You say: "I'm a blue sky thinker." Investor thinks: "You have no business model, and you don't know how to ship."
Because its purpose is to create a customer, the business enterprise has two - and only these two β basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are 'costs'.
It's so important for startups to get their culture right at the start. They need to feel unique and that they are on their own important mission in the world.
To make a pleasant and friendly impression is not alone good manners, but equally good business.
Customers first, employees second, and shareholders third.
It is more important to do what is strategically right than what is immediately profitable.
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