Strategies of 7 World-Changing Firms

 

 

 

 

Mark Zuckerberg business advice quotes Facebook

At Facebook, we’re inspired by technologies that have revolutionized how people spread and consume information.

Mark Zuckerberg

Meta

 

 

“We often talk about inventions like the printing press and the television — by simply making communication more efficient, they led to a complete transformation of many important parts of society. They gave more people a voice. They encouraged progress. They changed the way society was organized. They brought us closer together.”

~ Mark Zuckerbrg

  Facebook: 10 Success Lessons The Power of Simplicity Build a good team Surprise To Win Take-Risk quotes Inspiring Corporate Culture Fast Company Create a Better World Cultivate fearlessness Adhere to the process Stay ahead of competition Founder of Facebook Strategies of World-Changing Firms Facebook: 10 Success Lessons

 

Mark Zuckerberg business advice quotes Facebook

I know it sounds corny, but I’d love to improve people’s lives, especially socially.

Mark Zuckerberg

Meta

 

 

Create a Better World

If people have access to more information and are more connected, it will make the world better; people will have more understanding, more empathy. That’s the guiding principles for Facebook leaders that keep them going.

 

 

 

❷ Build a Good Team

The team should make better decisions as a group than any individual would. Take care of both complementarity of knowledge and the dynamics so that way you can maintain this property.

 

 

❸ Cultivate Fearlessness

Create an inspiring culture and promote an entrepreneurial environment of fearlessness to foster passion, curiosity and creativity of your employees and to empower them to innovate and execute on their ideas. Both believing in the impossible and not dismissing wild ideas will greatly contribute to your success

 

 

Take Risks

“In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks,” says Mark Zuckerberg. Things will continue to develop and change rapidly, and if you aren’t willing to take chances, you’ll be left behind. To achieve great success, make bold choices, step out into the unknown and forge your own path.

 

 

 

❺ Excite and Amaze Users

It’s OK if people are underestimating you. It gives you latitude to go out and make big bets that excite and amaze people.

 

 

❻ Commit To Simplicity

Facebook is simple, which makes it easy to use and fast to load. It has a simple design.

 

Mark Zuckerberg business advice quotes Facebook

Since its early days, the company’s motto was, “Move fast and break things".

Mark Zuckerberg

Meta

 

 

❼  Move Fast and Break Things

Whether you company small or big, place a really big premium on moving quickly. Most companies slow down dramatically as they grow, but if you can focus at every step along the way on moving quicker then you’ll move as quickly as a small company. Invest in building up the infrastructure and tools and also the culture that tells people to take risks and try things out.

 

 

 

❽ Don’t Let a Competitor Get Ahead of You

In Facebook’s earlier years Zuckerberg said, “Whenever any other company gets ahead of you on something that you think is strategic to you, don’t relax until you had addressed the problem."

 

Attributes of Effective Innovation in Silicon Valley

Relentless Approach to Innovation

 

 

 

 Adhere to the Process

Your entrepreneurial venture cannot be successful if you don’t stick to the process. Finish one part of your complex service and then move on to the next. Streamline the process and ensure each part is completed before moving on to the next if you want to be able to achieve your short- and long-term goals

 

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Free ebook Innovation Process A-Z/360 by Vadim Kotelnikov

 

 

Create an Exciting Workplace

If people aren’t happy, they won’t do their best. At Facebook, employees get a lot of perks. Facebook is packed with goodies, such as free computer accessories, free food, and an on-site barber shop, that make employees never want to leave.

 

 

 

 

 

Mark Zuckerberg business advice quotes Facebook

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.

Mark Zuckerberg

Meta

  

 

 

 

 

 

Why Google+ lost competition to Facebook

Belated start, weak differentiation strategy.

Having started too late, Google+ pursued a 'me-too' strategy instead of creating radically innovative and much higher user value.

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  Creating Value Online Social Networks: Opportunities and Strategies Fun4Biz: Business Model Competitive Differentiation Innompics Differentiated 10 Success Lessons from Facebook Why Google+ Failed Innompic Games: Helping People Grow Vadim Kotelnikov LinkedIn Instagram Twitter The Tree of Online Success Social Netwroks: Value Created - communication, growth - by Facebook, Twitter, LinkedIn, Fun4Biz, CimJoy

 

Vadim Kotelnikov advice quotes

Most social networks are horizontal − they focus on helping people socialize. Our social networks Fun4Biz and IG are two-dimensional − they help people both grow and socialize.

Vadim Kotelnikov

Vadim Kotelnikov, founder of 1000ventures - personal logo   Vadim Kotelnikov on Facebook