Mark Zuckerberg: Remember This Face
Mark Zuckerberg, is not just the rich entrepreneur behind Facebook. As the world’s youngest billionaire, he is making a big name for himself as a leading philanthropist.
Just this past week, the founder of the popular social networking site, announced his decision to donate more than half of his wealth to philanthropy and charitable causes. For Mark Zuckerberg, a man worth approximately $6.9 billion dollars, that is no small contribution.
Mark Zuckerberg is now one of 57 billionaires who have accepted the “Giving Pledge” –a philanthropic initiative started by Warren Buffet and Bill and Melinda Gates, which encourages wealthy individuals to commit the majority of their wealth to charity.
Earlier this year, Zuckerberg also made headlines for his philanthropy when he announced his $100 million dollar donation to the Newark Public Schools; funding which would be used to create the Start-up Education Foundation, a hub for entrepreneurial training.
In a recent statement about his philanthropic efforts, Zuckerberg said, “People wait until late in their career to give back. But why wait when there is so much to be done.” He went on to say, “With a generation of younger folks who have thrived on the success of their companies, there is a big opportunity for many of us to give back earlier in our lifetime and see the impact of our philanthropic efforts.”
As entrepreneurs, there is so much we can learn from Mark Zuckerberg’s commitment to giving, his passion for building an incredible social network, and his role as one of the youngest and most influential CEO’s of our time.
Here are some of the key strategies and pearls of wisdom that we learned from Mark Zuckerberg’s success…
Keep Improving Your Product.
“It’s okay to break things to make them better.”
Empower Your Audience.
“By giving people the power to share, we’re making the world more transparent.”
Embrace Other Voices.
“When you give everyone a voice and give people power, the system usually ends up in a really good place. So, what we view our role as, is giving people that power.”
Don’t Be Afraid To Set New Standards.
“The web is at a really important turning point right now. Up until recently, the default on the web has been that most things aren’t social and most things don’t use your real identity. We’re building toward a web where the default is social.”
Be Willing To Learn What You Don’t Know.
“I started the site when I was 19. I didn’t know much about business back then.”
Labor For What You Love.
“The demands and the amount of work that it takes to put something like [Facebook] into place, it’s just so much that if you weren’t completely into what you were doing and you didn’t think it was an important thing, then it would be irrational to spend that much time on it.”
Showcase Your Value.
“The way you achieve the best long term value is by building real value in the world”Change often and fast. “A lot of it is moving quickly and trying a lot things… we’ve really built our whole company and culture around this”
You Will Be Judged By What You Create.
“People don’t care about what someone says about you or even what you say, they care about what you build”
Mark Zuckerberg’s name, accomplishments, and charitable donations will be remembered long after all of us our gone. He not only created Facebook, a product that touches our lives daily, but he also changed the way people communicate around the world… and made a monumental contribution to our society in the process. The young CEO is truly a brand to love, admire and learn from.