After reading Jennifer’s blog on an entrepreneur who revolutionized a student’s studying habits, I was interested in what specific entrepreneurial traits that allowed Mark Zuckerberg, the facebook founder, to be so successful.
According to one of the class readings on entrepreneurship, the four main characteristics of identifying an entrepreneur are: 1. substantial wealth creation, 2. rapid wealth creation, 3. high level risk taking, 4. substantial innovation.
As Jennifer mentioned, Mark Zuckerberg is ranked as the top 20s richest people on Forbes 400 with a personal wealth estimated to be around 17.5 billion. It is clear to see the Mark Zuckerberg’s company is doing substantially well, profiting an estimated $ 1 billion by the end of 2011.
In an interview with Mark Zuckerberg at Y Combinator’s Starup School in Palo Alto, California, he states “the only strategy guaranteed to fail is not taking risks”. Although in the beginning of creating Facebook, Mark feared Google will take over his team’s product, he continued doing what he is passionate of, which is building Facebook, the largest internet social network today.
