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.
Conscious means "having an awareness of one's inner and outer worlds; mentally perceptive, awake, mindful." So "conscious business" might mean, engaging in an occupation, work, or trade in a mindful, awake fashion. This implies, of course, that many people do not do so. In my experience, that is often the case. So I would definitely be in favor of conscious business; or conscious anything, for that matter.
If one engineer at a startup tries Slack and says, 'I hate it. I am not going to use this,' that's it for us. We won't get evaluated.
Accounting is the language of business.
I find it fascinating that a lot of business books that do well are from people who've never made any money in business.
Money goes out first to pay expenses and then comes back as profits later - if at all. The high rate of failure of new businesses makes painfully clear that there is nothing inevitable about the money coming back.
Businesses are not paid to reform customers. They are paid to satisfy customers.
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