When I started to think about an enterpreneurial company, I thought back to a movie I saw last week: The Social Network. Facebook is definitely a very a good example of an entrepreneurial company. It was started up by Mark Zuckerberg and his friends, who originally did not realize the company they would create. Facebook was definitely a very NEW product. Of course, there were other similar sites out there, but Facebook was different in the fact that it appealed to a new market: EVERYBODY. Because it was started by Havard students, there was a sense of it being for the educated. Facebook started out being very popular in the university community. Not only were students getting account, but professors were as well. The founders had a clear vision and were confident; this, ultimately,lead to their success.
On top of that, Facebook’s innovation was amazing. Facebook’s website is so much cleaner and simpler than MySpace’s, which makes it quite refreshing. Also, the fact that Facebook easily lets you update your statuses and you can tell people as much as info as you want; no pressure to give too much detail. This is a new form of organization. People have started to even using Facebook to replace email: you can make a message open to all by posting it on a person’s wall, or send them a facebook message in private. It’s an all-in-one innovation!