Mark Zuckerberg And The Obstacles On His Path To Success

Facebook is one of the most popular social media platform this days also one of the business developing site for small-medium business. Facebook has change how people use the internet. There are 2. 27 billion monthly active Facebook user worldwide which is 10% increase of the year by year Worldwide and daily user 1. 49 billion which is increase of 9% per year as a record of 2018 according to Facebook Reports Third Quarter 2018 Results (Oct 30 2018) According to Forbes (2018,25th July) Mark Zuckerberg is the founder of Facebook with net worth 18. 8 billion. As most of the entrepreneurs it wasn’t easy for Zuckerberg to reach where he is right now at the age of 34 years old being a young entrepreneur, he started his journey with technology with passion and determination. Staring of the Facebook he had to come up with numerous obstacle and criticism which wasn’t easy.

While he was studying in one of the renowned University Harvard in his sophomore year, he had created a reputation as a go to software developer at his college. While he was studying it was that period of time when he built a software called Course Match which helps the students based on their course selection to choose their classes of other users. There was another software called Fashmash being invented too by Zuckerberg which compared the picture of 2 students and allows to vote the attractive ones if you are users which became very popular at that time and was later shut down by the college authority. On the time he was studying in Harvard his 3 friends request to be part of their invention of Social networking site called Harvard connection which later was aimed to use the Harvard students information to create a dating site for Harvard elite. As soon as he found an idea of Social Networking site from Harvard connection he saw an opportunity so he drop out of the Harvard University ignorer to continue for invention of social network site with his friends Dustin Moskovitz, Chris Hughes and Eduardo Saverin. In that site users were allowed to post their photos, create their profile with their informations and communicate with the other users.

After dropping out of the Harvard University Mark give his full time for this site and named it The Facebook which was launched in June 2004, moved the company to Palo Alto California and by end of the year they had 1 million users for Facebook. From a very young age Mark Zuckerberg has been inventing new inventions. At the young age Mark has been invented messenger that named as Zucknet which was used to communicate in his father’s clinic in order to communicate between his home and office. His father installed Zucknet at his computer in order to communicate with the receptionist for inform to new patient arrival. Now Mark’s one of the most successful invention is Facebook where all the people from world wide is aware what really facebook is. Connecting and communicating with the people from various different areas of the world has been possible by facebook. It has become possible due to Mark Zuckerberg determination, ambition, vision, creativity, passion and love for his invention of technology. Mark Zuckerberg’s mission to create Facebook, nothing could have stopped him to achieve his goal. He was confident and hardworking to the fact that he wouldn’t have a regular income or any blocking factors. He believed in himself and was confident that his dream will take him somewhere.

Organisation such as AOL and Microsoft showed an interest in buying the software and hiring him before the graduation however Mark declined the offer. In order to have a successful business it requires a business planning, strategy, understanding of resources, vision. In the case of Mark Zuckerberg didn’t had much of planning however he had a vision and was passionate in creating new invention to connect people using technology. Facebook was boost by a huge investment from the venture capital called Access Partners, they invested US$12. 7 million with 11% stake holder in the company and Mark used to control 3 out of 5 board seats. This helped Facebook to surpass the start up phase quickly to grow in the business world. According to Mark Zuckerberg Biography (April 2,2018) Facebook also expanded their access to colleges, high schools and international schools, in a fast speeding the site;’d membership to more than 5. 5 million users by December 2005 which before was opened by Ivy League students. Mark was offered 1 billion USD for selling Facebook and also MTV after yahoo offered 1. 5 billion USD however he denied the offer and continued improving the facebook features. There were a lot of people wanted to buy facebook however Mark isn’t ready to sell Facebook since he used to think it worth a lot more and Mark was right too. The reason he wasn’t ready to sell facebook was he still have and had a lot of new features to introduce which could make it more better and thats what it interests Mark which is inventing.

Facebook wasn’t an easy task For Mark Zuckerberg, he had to face a lot obstacles, one of those when he introduced the Newsfeed function without privacy option it caused media fuzz Despite of those hurdles he managed to prove the world that facebook isn’t a fail through such negative publicities. Mark apologies to the public after introducing the newsfeed and a lot of protest was happening in the internet and some of the privacy options were changed that become an overstep. As per now newsfeed feature of Facebook have become one of the ways to express the feelings of people and giving them a voice. Facebook has been inventing new features and improved quality of facebook uses as time pass. It has given a new features and inventions of different features in one app. Facebook has become one of the most visited site so far on the internet. While introducing facebook Mark have faced a lot of law suits with their privacy policies and some crimes from the data from Facebook. Many criminal activities for cyber crimes were taking place.

There were big bad law suits filed against of Facebook according to Ms. Domanske (June 8,2018) how they failed to keep the records of purchased political ads from them the information of the buyers. There were a lot of law suits filed against facebook for example Facebook and Cambridge Analytica Lawsuits, Class Action Lawsuit against Facebook over scraping Texts and Call Logs, Class Action Lawsuit over Face-Tagging in Photos. With all this law suits Mark has been always answering the question of the public and have improved the Facebook quality every year including their privacy policy and features. Facebook Privacy policies have become better as time. Many of the business have got a platform due to Facebook for marketing and advertisement of business in Facebook has become one of the popular ways of business. In order to boost the business through advertisements has become one of the source of business for facebook too. Mark Zuckerberg is one the entrepreneur who have been contributing towards the society by donating numerous amount of money to the education sector in New Jersey and also signed the Giving Pledge promising to donate at least 50% of his wealth to charity over the source of his lifetime. He believes giving earlier in our life time and see the impact of philanthropic efforts. In this generation entrepreneur like Mark Zuckerberg have become a great influence for the youth in order to grow the ambition of learning and growing. Inventing and introducing new things in the market in order to grow the living standard of people in technological world and finding an opportunity on their passion.

Mark Zuckerberg have become a great example of following the values and passion of their work and invention. Young entrepreneur like Mark have use their creativity in business to grow and make the best out of their invention. After facing many criticism and obstacle sustainability for its business in the market and its growth every year have bring Facebook to be one of the renowned social networking site. It has given the next level phase and turn over for the technological site for the software development in the internet. From the early age having a value and goal to achieve with handwork from a small start up to big one of the largest company in the world have a success of achievement however Mark still look forward to grow every year and introduce new things for the users.