Passion: Having the passion will keep you moving even amidst adverse situations. Every obstacle in the way then becomes a learning experience, a stepping stone to advancement. Passion is what fuels perseverance and is one of the key ingredients to success.
2. "I think as a company, if you can get those two things right--having a clear direction on what you are trying to do and bringing in great people who can execute on the stuff--then you can do pretty well."
People: Establish a culture that encourages creativity
and empowers action. It is important to select employees who are the right fit
for the company’s culture. Skills could be acquired over time but passion and
interests cannot be trained.
3. “Hackers
believe that something can always be better, and that nothing is ever complete.
There's a hacker mantra that you'll hear a lot around Facebook offices: Code
wins arguments "
Product: Innovations will bring continuous improvement.
Don’t be afraid to experiment and execute your vision in the most effective
way. In Mark’s words: “Move fast and break things. Unless you are breaking
stuff, you are not moving fast enough.”
4. “At Facebook, we're inspired by technologies
that have revolutionized how people spread and consume information. They
encouraged progress. They changed the way society was organized. They brought
us closer together."
Purpose: A company built on purpose instills a sense of
belonging in both employees and its customer base. Rather than merely building
a product, creating a movement, an experience and a mindset amass a much
greater following in the long term.
5.“Sheryl has been my partner in running
Facebook and has been central to our growth and success over the years."
Partnerships: When operating a business, consider it a team sport, where teamwork is incredibly crucial for output. Diverse talents could boost capabilities while balancing out weakness. Whether they are investors or consultants, a team would help make more appropriate decisions than any one individual would.
Partnerships: When operating a business, consider it a team sport, where teamwork is incredibly crucial for output. Diverse talents could boost capabilities while balancing out weakness. Whether they are investors or consultants, a team would help make more appropriate decisions than any one individual would.
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