Research report on entrepreneur Mark Zuckerberg Essay Example

and was eventually shut down by Facebook the following summer. One of Zuckerberg's defining characteristics in business is his strong desire to be the boss of his own company, which is evident in his refusal to sell Facebook to other corporations.

Mark Zuckerberg employed various skills to establish a prosperous business. These included the capability to motivate and invigorate others, as evidenced by his assertion that he established Facebook solely for the benefit of people and not for financial gain. Additionally, he displayed an aptitude for learning from mistakes when he decided to discontinue Wirehog after realizing it was unsuccessful. He also devoted significant time and effort to his business, which is exemplified by his decision to leave school and move to California in order to concentrate on Facebook. Furthermore, his objective of creating an open flow of information demonstrated goal orientation while creating Facebook for people's enjoyment revealed a customer-oriented mindset.

Zuckerberg's ability to adapt and be innovative has helped him achieve great success. Although he recognized the failure of Wirehog and made the decision to shut it down, his creativity led him to create Facebook which has become immensely popular. Consequently, at only 26 years old, Zuckerberg owns a 24% stake in Facebook and is worth $6.9 billion.

Zuckerberg, who successfully linked people through the internet, regularly donates to charities and schools. He also endeavors to create alternative computer programs and websites while making a guest appearance on The Simpsons in October 2010.