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Mark Zuckerberg

Meta (formerly Facebook) CEO Mark Zuckerberg makes the list as one of the world's youngest
billionaires. Zuckerberg an estimated net worth of $116.7 billion (as of May 24, 2021). Almost
all of his money is tied up in the social media company's equity.

By all accounts, Zuckerberg keeps his life low-key and spends up to 60 hours a week at Meta's
Palo Alto office. Zuckerberg chooses t-shirts and jeans over expensive tailored suits and sneakers
and sandals over Italian leather loafers. His one big indulgence seems to be real estate, as he has
a portfolio worth millions in properties, including homes in Palo Alto, Calif., and one in San
Francisco's Mission District.

Mark Zuckerberg – Success Secrets of the Youngest Billionaire

What lessons can be drawn from the startup story of Mark Zuckerberg and his Facebook
Company?

In the course of building a business; I have seen and learned a lot of things, and I am still in the
learning process. Every day, I come across tough, die hard entrepreneurs whose drive and
achievements inspire me. One of such inspiring entrepreneurs is Mark Zuckerberg; the youngest
billionaire in the world. A lot have been said and written about this young billionaire
entrepreneur but I am going to focus on his entrepreneurial achievements.

I have seen how Mark Zuckerberg started from scratch and rose to become the youngest
billionaire in the world all in a space of five years. Mark Zuckerberg is currently on our list of
richest drop out billionaires but I don’t intend writing about his successes or fame. Instead, I
want to share with you lessons I picked up from the early years of Mark Zuckerberg; when he
had nothing but a dream. I think it’s worthwhile you quietly reflect on the entrepreneurial life of
Mark Zuckerberg and learn from it.

God bless!!!
How to Become a Self-Made Billionaire

“It’s not because of the amount of money. For me and my colleagues; the most important thing is
that we create an open information flow for people. Having media corporations owned by
conglomerates is not just an attractive idea to me.” –Mark Zuckerberg

In this article, I will be sharing with you the success lessons I learned from this young billionaire;
Mark Zuckerberg. If you are ready to learn, then below are the secrets to the success of Mark
Zuckerberg; the youngest billionaire in the world.

Mark Zuckerberg – Success Secrets of the Youngest Billionaire

1. Have a Dream

Most people think that Mark Zuckerberg emerged from the blues to become a billionaire; they
think he built Facebook with just a snap of fingers. The truth is they are wrong. Mark Zuckerberg
was not an overnight success. His journey to fame and fortune began as a dream; a desire he was
willing to sacrifice all for. That’s why Napoleon Hill said that “Desire is the starting point of all
achievements.”

So if you want to replicate the success of Mark Zuckerberg; if you want to become rich and
famous like him, it starts with your desire. What do you want from this life? Where do you want
to be in the next ten years? What do you want to be remembered for after you bow your head to
death?

2. Think big

Facebook was a project on Mark Zuckerberg’s computer and he would have opted to sell it off
back then but he refused. Why? He refused to sell it off because he wasn’t looking for a payoff;
he wasn’t interested in a paid job, he was more interested in changing the world. Facebook was a
small project but Mark Zuckerberg’s dream wasn’t a small one.

His friends envisioned Facebook as a college project; Mark Zuckerberg envisioned Facebook as
a worldwide project that will change the way people communicate and stay in touch. People
initially analyzed Facebook as a million dollar project but Mark Zuckerberg envisioned a billion
dollar company.

God bless!!!
What do you see in that small business idea of yours? Where do you see your company in the
nearest future? Are you aspiring to build a million dollar company or a billion dollar company?
Remember that success doesn’t just happen; it begins with strategic planning.

3. Start small

Mark Zuckerberg had big dreams and wonderful plans. He envisioned a worldwide project that
will be worth billions of dollars. Yet, he started small. He wasn’t discouraged by his humble
beginning; he didn’t despise the days of little beginning.

Instead of waiting for the million dollar funding or startup capital; he started from his dormitory
with little capital and sweat equity. But today; he’s among the youngest billionaires in the world.
Never be ashamed to start from the scratch because building a business from scratch is where the
glory lies.

4. Believe in yourself

Self-belief is a prerequisite for successfully undertaking any venture and Mark Zuckerberg had
lots of it. You can never build a successful business by thrusting responsibility to someone else.
You have to believe that starting a business and growing such business can be done and you are
the one to do it. Never look down on yourself; believe firmly in yourself and your God’s given
ability and you will make it.

“You are nuts and you should be proud of it. Stick with what you believe in.” – Trip Hawkins

5. Follow your passion

What are you passionate about? Are you prepared to stick to your passion? Are you willing to
make sacrifices for your passion? These are the questions you must answer if you want to
replicate the success of Mark Zuckerberg.

Mark Zuckerberg was a programming enthusiast from childhood and he stuck to that passion;
despite the fact that it led him to break the rules, he stuck to it. Everyone loves the success story
of Mark Zuckerberg but only few will ever give a thought to the fact that Mark Zuckerberg
dropped out of college; just to make sure his passion never dies.

God bless!!!
That singular sacrifice alone enabled him make the list of the richest drop out billionaires in the
world. Undying resolve is a key to building a billion dollar business from scratch.

6. Be prepared for criticism

Just like every successful entrepreneur; Mark Zuckerberg has gotten his share of criticism. But
he refused to be cowed by it. Criticism is a necessity on the road to the top so you must be
prepared not only to accept it but also to leverage on it. Don’t let criticism hold you back;
instead, use it as a stepping stone to greater heights.

7. Be diligent

“I guess we could. If you look at how much of our page is taken up with ads compared to the
average search query. The average for us is a little less than 10% of the pages and the average for
search is about 20% taken up with ads. That’s the simplest thing we could do but we aren’t like
that; we make enough money. Right, I mean we are keeping things running; we are growing at
the rate we want to.” – Mark Zuckerberg

“Do you see someone skilled in their in their work? They will serve before kings; they will not
serve before officials of low rank.” – Proverbs 22:29

The message above is clear. Before the sweetness of success comes sweat. No man gets to the
top with both hands in his pocket. All successful entrepreneurs and drop out
billionaires earned their place through hard work; they toiled while others slept and that’s why
they became successful.
8. Don’t be afraid to dare the giants

Mark Zuckerberg wanted Facebook to be the heart of the internet but he had an obstacle; an
unmovable well established giant and that giant is Google. Was Mark afraid to take Google head
on? The answer is no. Sometimes, success can be found at the feet of the giants; in the den of
lions and only the brave can go for it. That’s why courage is one of the characteristics possessed
by successful entrepreneurs. Without courage, there will be no risk taking.

9. Be focused

“The thing I really care about is the mission; making the world open.” – Mark Zuckerberg

God bless!!!
Do you know the reason why Facebook was able to withstand Google? The answer is because
Mark Zuckerberg focused on fulfilling Facebook’s mission. That’s why successful entrepreneurs such as
Warren Buffett, Bill Gates and Andrew Carnegie repeatedly emphasized the need to concentrate.
Diversified effort yield’s minimal results; concentrated effort yields maximum result. So concentrate.
“Concentrate your energy, your thoughts and your capital.” – Andrew Carnegie

10. Learn to take risk

“Without the element of uncertainty, the bringing off of even, the greatest business triumph
would be dull, routine and eminently unsatisfying.” – J. Paul Getty

“In today’s rapidly changing world, the people who are not taking risk are the risk takers.” –
Robert Kiyosaki

No entrepreneur ever became successful without undertaking an atom of risk. Mark Zuckerberg
also had his fair share of risk. When Mark Zuckerberg dropped out of college to focus on
building Facebook; he took risk. By confronting Google; he took risk. Facebook itself was a
risky venture that paid off immensely. Entrepreneurship is all about risk taking. Without risk, the
world will remain stagnant.

“Risk — if one has to jump a stream and knows how wide it is, he will not jump. If he doesn’t
know how wide it is, he’ll jump and six times out of ten, he’ll make it.” – Anonymous

“You must take risks, both with your own money or with borrowed money. Risk taking is
essential to business growth.” – J. Paul Getty

11. Stick to the process

“In the game of entrepreneurship, the process is more important than the goal. When you start
building a business, you begin a journey, a process. This process has a beginning and an ending
and between the beginning and end lays a lot of challenges. You will win only if you remain
faithful to the process.” – Rich Dad

Starting the entrepreneurial process is one thing; sticking to the process is another. Facebook was
not an overnight success; its success was achieved on installments. Mark Zuckerberg did not
become a billionaire overnight; he worked it out for years and he is still working it out. That’s
the spirit of entrepreneurship; the spirit of continuity.

God bless!!!
“Press on. Nothing in the world can take the place of persistence. Talent will not; nothing is
more common than unsuccessful men with talent. Genius will not; the world is full of educated
derelicts. Persistence and determination alone are omnipotent.” – Ray Kroc

In Conclusion, the findings of the study clearly point that success is not merely reserved for
people who are born with a silver spoon. The journey of all these self-made billionaires proves
that hard work, patience, luck, are several other factors that help someone to achieve your
dreams and create your own empire.

There’s nothing extraordinary about Mark Zuckerberg’s success. There’s nothing abnormal
about his emergence as the youngest billionaire in the world. He deserves the position because he
dreamed it, planned it and worked it out. He stuck to his passion and focused on fulfilling the
Facebook mission; that was why he became the youngest billionaire in the world. His success
has nothing to do with luck.

GROUP MEMBERS

TICHOKE MWANZA

ELIZABETH MWAMBA

LYSAH MASUBA

MICKEY SIMPASA

God bless!!!
God bless!!!

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