Alexis Julien
Mr. Daniels
Introduction to Business
March 14, 2014
Mark Zuckerberg
One famous entrepreneur today is Mark Zuckerberg, the inventor of the popular social media, Facebook. It was said as he was in Harvard University he and a few friends came up with the idea of Facebook. After a few years Facebook became internationally loved. Ever since the invention of Facebook there have been many positive, but also negative effects.
In the suburbs of Dobbs Ferry, New York on May 14, 1984 Mark Zuckerberg was born into a family of three sisters. His first interest in computers was in his early childhood in elementary school. When Mark was at the age of twelve he had created a messenger called “ZuckNet”. His invention allowed his computers in his home to talk to each other including his dad’s dentist office.
After High school Mark enrolled in Academy of Phillips Exeter, a preparatory school. While being at the academy he was still amazed with software and wanted a degree in it. While graduating from the academy he proceeded to Harvard University. Being at Harvard, almost everyone knew him as a software programmer. With his software skills he quickly developed a site called Facemash where it would compare two of the girl’s faces and ask which one looked better.
Along the way at Harvard three men, Divya Narendra, Tyler and Cameron Winklevoss approached Mark asking for his software skills to create a site called The Harvard Connection. The site was used to be a dating site around Harvard. Mark agreed to work with them when he got the idea to make his own site and dropped out of their project. With the help of Mark’s friends, Dustin Moskovitz, Chris Hughes and Eduardo Saverin they created the popular social media site called Facebook....
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...erberg is one of those big risks takers today and still is. One risk Mark took was while he was creating Facebook he dropped out of Harvard University to complete the website. By doing this he risked the chance if the website he was creating would ever take off plus he had no job at the time. After completing Facebook, it soared off the charts and many people wanted to be apart of Facebook.
Another risk Mark took was when Facebook was still becoming a hit sensation many businesses called to be apart of Facebook. But Mark took the risk of ignoring important phone calls, and cancelling business meetings. (ZuckerbergSuccessful). This shocked many investors, but Zuckerberg had a plan to rise the demand of Facebook by doing this. After taking this risk Facebook became even popular with many more investors wanting Facebook but also with Facebook users.
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Mark Zuckerberg works as the perfect example. He created a social network so revolutionary that it would change the entire modern world to date. Zuckerberg refused to let anything stop him in his path and
According to Nair (2011), “The social media property on the web is exploding and fast becoming a necessary part of the arsenal of any organization. It took 38 years for the radio to attract 50 million listeners, and 13 years for television to gain the attention of 50 million viewers. The Internet took only four years to attract 50 million participants, and Facebook reached 50 million participants in only one-and-a-half years. Facebook, which was originally designed for Harvard students and launched in 2004, has become a phenomenal example of social engagement. By 2009, Facebook had already achieved 100 million monthly active users covering age groups from 13 to 65; by the end of 2010, there were more than 500 million users. (p. 46) With so many people connected through social media and since businesses are dependent on people to thrive, they have been impacted both positively and negatively.
Bernie Madoff is one of the greatest conman in history. The Bernie Madoff scandal takes the gold as one of the top ponzi scheme in America. Madoff started the Wall Street firm, Bernard L. Madoff Investment Securities LLC, in 1960. Starting off as a penny stock trader with five thousand dollars, earned from his workings as a lifeguard and sprinkler installer, his firm began to grow with the support of his father-in-law, Saul Alpern, who helped by referred a group of close friends and family. Originally, his firm made markets by the National Quotations Bureau’s Pink Sheets. However, in order to compete with the bigger firms that were trading on the New York Stock Exchange floor, his firm started to use very intelligent computer software that help distributed their quotes in second’s rater then minutes. This software later became the NASDAQ that we know today. In December of 2008 Bernard Madoff confessed that he had embezzling billions of dollars from investors. It is estimated to have lasted nearly two decades, and stolen approximately $64.8 billion. On December 11, 2008 he was arreste...
Often referred to as ‘ The Don ‘, ‘ The Trumpster’, or ‘DJT’, Donald John Trump is classified as one of the most successful real estate entrepreneurs in the U.S. Donald was born June 14, 1946 and brought up in New York City, living comfortably, as his father, Fred Trump, brought home a considerable income as a real estate owner in Brooklyn. Perhaps Donald Trump is such a distinguished entrepreneur, because he has invested money in several different industries and been through a roller coaster of failures and successes.
In a past MBA course, I studied the leadership qualities of Mark Zuckerberg. Out of these two leaders whom I admire, Zuckerberg is the individual I would prefer to work. Ekaterina Walter wrote an article in Inc. magazine where she identified five leadership attributes of Mark Zuckerberg that contributed to his success. They are passion, purpose, people, product, and partnerships. This transformational leadership skill is part of what makes him such an effective leader. Part of Mark Zuckerberg 's mission at Facebook enhanced openness and transparency, and he believes openness fosters connectivity. Zuckerberg utilizes a charismatic/transformational/authentic leadership approach. He is self-confident, optimistic, resilient, results-oriented, and an
...dual that started the social networking website, Facebook. Mark Zuckerberg, who was born on “May 14, 1984”, is the “youngest billionaire on the planet”. (Web). Growing up, “He was the second of four children and the only son in the educated family.” (Web). His parents were both educated just like Larry Page’s parents. However, the father was, “a dentist” and the mother, “a psychiatrist”. (Web). With the potential of success because of the opportunities at such a young age, “Mark got interested in programming during elementary school.” (Web). “The fact that the world is divided between programmers and users, Mark found out when he was 10 years old and got his first PC Quantex 486DX on the Intel 486.” (Web). Receiving a computer at such a young age and with Zuckerberg’s interest in computer programming, had really gave him a head start towards becoming successful.
Even though on the surface, it appears as though he takes great risks and labeling him as a bit of a loose cannon. However, his business decisions are very conservative if you listen to him. He tends to buy properties that are a safer choice, for instance possessing less downside no matter that have they have less of an upside. In general, taking risks is part of doing business, but the key is to make sure the risks are making sure the risks are foreseen and calculated so as you identify downsides and upsides.
For everyone in the business world, Mark Zuckerberg is a well-known name to them. He is an undeniably young, successful businessman. However, Zuckerberg is also a very successful leader in his own company as well as in the world. His impact from creating Facebook is more than just impressive. Zuckerberg created the social media website where people get connected virtually and led the company to incredible success. Zuckerberg’s leadership style can be seen with inspirational motivation, intellectual stimulation, and idealized influence. With all the aforementioned components, Mark Zuckerberg is a great example of transformational leadership.
...tions he dealt with. It is the story of how the world’s youngest billionaire, Mark Zuckerberg, created Facebook.
Originally, Facebook was started in 2003 by a man named Mark Zuckerburg in his college dorm room at Harvard University. It began as a social network for Harvard students and then quickly expanded to universities across America. Facebook as we know it today started in the year 2004 and now does not only include college students but ages ranging from teens to middle-aged individuals. The social network site has quickly developed into one of the most trafficked networking websites which runs thousands of databases. By building a network that has spread across various countries, Facebook has successfully created a form of technology that allows people to connect with friends across the seas with different cultures.
The movie “Social Network” is about the ideas and the development behind the creation of the very popular social networking site “Facebook”. Mark Zuckerberg is the main character in the movie and also the actual creator of Facebook.
...and many more things. Other sites just pictures and that’s boring. I saw the movie about Mark Zuckerburg and facebook and I really enjoyed it. The people on the paper that I got were all people that I know and I didn’t want to do them. I chose to go online and find other entrepenuers. I found Mark Zucherburg and I knew I had to do him. When I saw his name I thought of facebook and I decided to write about him.
Since the introduction of internet in the 1990’s, its importance worldwide has always grown tremendously. From the first email send to the domination of Facebook and other social media websites, it has changed the way people communicate. The use of social media is increasingly becoming the preferred way people share their daily activities, ideas and knowledge and that is why it’s the most talked about and used platform. Many companies are encouraging their employees to use various social media platforms and engage online for office productivity, posting opinions and presenting their thoughts. Corporations realize that Social Media tools such as blogs, forums, podcasts and social networking websites makes internal communications faster, more convenient and effective. Social media is a low-cost, high-impact tool that can also complement and reinforce your existing communications efforts. It gives a new dimension to internal communications in many ways: building relationship with employees, leads to diverse thinking and innovation, and reduce costs and Increase Productivity. Social media has impacted positively in the business world, but its downside has impacted teens in high school, with issues such as cyber bullying, and people using Facebook and twitter to get over their boredom and research proving that the more they use social networking websites the more envious they feel.
Steven Paul “Steve” Jobs was an American entrepreneur, marketer, and inventor, Steve Jobs was the co-founder, chairman, and CEO of Apple Inc. He was also the co-founder and CEO of Pixar and NeXT Inc. Steve Jobs was born in San Francisco, CA February 24, 1955 and died in Palo Alto, CA October 5, 2011. His spouse was Laurene Powell from 1991-2011 when he died from a respiratory arrest related to the pancreas neuroendocrine tumor and Metastatic Insulinoma. Steve Jobs had 4 children Lisa Brennan-Jobs, Reed Jobs, Erin Jobs and Eve Jobs.
Mark Zuckerberg founded Facebook in 2004 and its sole purpose is to give people the power to share and connect with the world. With 1.23 billion monthly active members, Facebook has certainly surpassed all other social sites. To put it in perspective that is roughly one-sixth of the entire world’s population. According to his book, Introduction to Digital Literacy Mark D. Bowles (2013) stated that Facebook is “the leading social networking site” where you can update your status, share information like photos, find friends and establish networks (pg. 184). This is exactly why Facebook is so popular amongst other social sites.