Mark Zuckerberg is one of the most recognisable CEOS in the world, and what he has achieved at 32 years old is pretty staggering.
Even though more than a billion users flock to Facebook every month and he has donated billions of dollars to medical research through the Chan Zuckerberg Initiative, it’s important to remember that he’s still a human being with weird quirks, just like everyone else. Read on for some unexpected facts about the Facebook founder.
1. He nearly worked for Microsoft
When he was a senior in high school he co-created an app called Synapse Media Player, an MP3 player that kept track of the user’s favourite songs and made playlists based on their choices, essentially an early Spotify or Pandora.
Microsoft sought to acquire the company and its founders, but instead of working for the Seattle tech giant, Zuckerberg and co-creator Adam D’Angelo – who went on to found Quora – got a patent for the tech and went to college instead.
2. He was inventing in middle school
When Zuckerberg was 12, he created an instant messaging program that he called ZuckNet so his dentist father could know when patients arrived.
3. He has unexpected pop culture tastes
One of his favourite books is The Aeneid, and one of his favourite TV shows is The West Wing, which was created by Aaron Sorkin, the man who also wrote the movie based on the creation of Facebook, The Social Network.
4. He’s known for being frugal
Even though today he has a beautifully appointed home that is powered by an AI butler with Morgan Freeman’s voice, in an interview with The New Yorker in 2010, he said that he found all of his apartments on Craigslist.
5. His eyesight is the reason behind Facebook’s colour scheme
Facebook’s logo is blue because Zuckerberg has red-green colour blindness.
6. He wasn’t always a high-level coder
He first learned to code from a C++ for Dummies book.
7. He’s multilingual
He’s always been interested in ancient languages such as Latin, and he can speak Mandarin.
8. He turned down many offers to sell Facebook
Many big name companies wanted to see if he wanted to sell – NewsCorp, MySpace, Viacom, Yahoo, NBC, Microsoft (again) and Google all put their hats in the ring – but Zuckerberg held firm.
9. He and his wife’s first meeting was a little inauspicious
While Zuckerberg and his wife Dr. Priscilla Chan are now parents and major philanthropists, they met for the first time in line for the bathroom at a fraternity party at Harvard.
10. He’s an admirer of Steve Jobs
The late Apple founder’s bold leadership style apparently inspired the message he put on his first business cards: “I’m CEO, bitch.”
Related: Give Mark Zuckerberg a ‘Like’
11. He’s on Twitter
But he’s unsurprisingly not very active on it. He’s tweeted 19 times since 2009.
12. He can laugh at himself
Zuckerberg is known for being somewhat awkward, but he wrote an appreciative post about Andy Samberg’s impersonation of him on Saturday Night Live.
13. He’s a fitness buff
For 2016, Zuckerberg set a goal to run 365 miles during the course of the year. He met his goal midway through the summer.
14. He looks up to Albert Einstein and Pablo Picasso
He has Einstein’s quote, “Make things as simple as possible but no simpler,” and Picasso’s insight that, “All children are artists. The problem is how to remain an artist once you grow up,” as his favourites on Facebook.
15. His dog is a celebrity too
16. A dozen people held him manage his Facebook page
Zuckerberg reportedly has a team of 12 people that tend to his Facebook account to monitor the comments, write his posts and take the photographs that end up on his page.
17. He’s very protective of his privacy
Zuckerberg has made some considerable and litigious moves to ensure his privacy. He bought a $100 million plot of land in Hawaii in 2014, and is recently decided not to sue the people who own pieces of the property through generational ties. He also tried to tear down four houses in and around his home in Palo Alto, Calif.
18. He’s buddies with Vin Diesel
In an interview with The New York Times, the action star shared what the unlikely duo’s relationship is like. “We were hanging out up at Facebook about two years ago, and I was excited about Fast 7. He said, ‘You know what movie I’d most like to see is the return of Xander Cage.’ It’s at a point where if Mark and I are together and if I quote a line from a character I played and I do it slightly wrong, he’ll correct me. It’s embarrassing!”
19. He seems taller than he really is in photos
Turns out, Zuckerberg is only around five feet and seven or eight inches, however he seems much taller in photos. And that’s because he apparently has some positioning tricks. A 2010 New Yorker profile reads, “He’s only around five feet eight, but he seems taller, because he stands with his chest out and his back straight, as if held up by a string.”
And according to Wired writer Graham Starr (and tested by Nick Douglas at Life Hacker), Zuckerberg has some photo tricks that help him look taller. One of his biggest tricks is standing closer to the camera or holding himself higher as others lean in closer.
20. His signature T-shirt costs $300 to $400
Any day of the week, you can catch Zuckerberg in a grey T-shirt, a hoodie, a pair of jeans and some Nike sneakers. There’s a reason he wears the same thing every day. In a 2014 Q&A, when asked about his simple wardrobe, Zuckerberg said, “I really want to clear my life to make it so that I have to make as few decisions as possible about anything except how to best serve this community.”
Turns out, Zuck’s iconic grey T-shirt, made by Italian designer Brunello Cucinelli, costs a whopping $300 to $400. However, retailer Vresh Clothing studied the colour, material and length of the shirt to create an affordable replica for those who want to copy the CEO’s style.
21. He can’t be blocked on Facebook
As it turns out, you can only unfollow the mind behind the platform. Apparently blocking Zuckerberg or Priscilla Chan isn’t an option for users. If you attempt to block them, an error message will appear that reads, “this profile can’t be blocked for now.” As for the reason, a Facebook spokesperson told Quartz that “people trying to block a profile or Page may see an error message if it has been blocked many times within a short period.”
Related: Be Like Zuck
22. He has a substantial budget for security
It costs millions of dollars to keep Zuckerberg safe in 2017 – $7.3 million to be exact. The figure was in a regulatory filing Facebook submitted to the U.S. Securities and Exchange Commission, which noted that funds for his security plan – including trips made on a private airplane – made up 83 percent of his compensation package in 2017. The company spent $4.9 million on Zuckerberg’s security detail in 2016.
23. He doesn’t ride in style
Zuckerberg has fairly inexpensive taste when it comes to cars, reportedly driving a $30,000 Acura TSX and a Volkswagen Golf GTI.
This article was originally posted here on Entrepreneur.com.
#Wealthiest List: 8 Self-Made Millionaires On How They Built Their Wealth
These inspirational self-made millionaires built businesses with nothing less than hard work and sheer determination.
1. Nick D’Aloisio Wrote a Million Dollar App At Age 15
At the age of 15, Nick D’Aloisio wrote an app while sitting in his parent’s bedroom in the UK. At the age of 17, D’Aloisio sold his app Summly – a mobile news summarisation app to Yahoo for a staggering USD 30 million.
As one of the youngest millionaires, D’Aloisio is also the world’s youngest entrepreneur to be backed by venture capitalists – having secured seed funding from Sir Li Ka-Shing, Hong Kong’s billionaire, as well as raising USD 1.23 million from celebrity investors, including Yoko Ono and Ashton Kutcher.
“The number one thing I did that I think was wise was to get, through some of my advisers, was a Chairman; basically someone who was a very experienced business person, an industry veteran — Bart Swanson, who had been at Amazon and then Badoo. Then, myself and Bart really started finding people and growing the team.”
7 Cannabis Industry Millionaires Making It Big In The Marijuana Business
These entrepreneurs have capitalised on a new market set to continue to grow rapidly as more countries legalise marijuana across the world.
1. Brendan Kennedy
- Company: Tilray
- Website: https://www.tilray.com/
Brendan Kennedy worked on job sites as a carpenter to pay his way through university, with his eyes set firmly on becoming an architect, until the allure of Silicon Valley changed the course of his direction. While working at technology start-ups Kennedy began thinking about the possibilities that medical marijuana provided.
“I was really sceptical of medical cannabis,” he says. “It took a year of having conversations with patients and physicians and hearing the same story, repackaged but essentially the same, over and over and over again, where my scepticism eroded and I became a believer.”
In 2013, Kennedy and his partners applied for a licence from Health Canada and launched Lafitte Ventures, which was later renamed Tilray. Today, the company is a global leader in medical cannabis research, cultivation, processing and distribution.
Scaleup Learnings From Our Top Clients – What The Most Successful Entrepreneurs Do Right
So, how do our successful clients move through these constraints to scaling up? We see four key drivers of success, and they are: people, strategy, flawless execution and finance.
You’re out of your start-up boots, staff is increasing, your client base is growing, revenue is up and you’ve proven your case to the market. Now it’s time to scale up. The challenges of this vital growth phase are different and it’s a time that demands different mindsets and different actions. In a world littered with small business failures, it helps to be well-prepared for scaling up using a proven methodology. At Outsourced CFO, we get an inside look at the success factors of our clients who are mastering the transition.
On the one hand, scaling up is a really exciting phase; this is what moves you into real job creation and making an impactful contribution to economic growth. On the other hand, it is really hard to scale up successfully. We see three major constraints that limit companies’ transition from start-up to scale-up:
The business has to have the leadership that can take it to the next level. When you start scaling up, especially rapidly, the founders can no longer do everything themselves. The team must grow and include new leadership talent that can take charge and execute so that the founders are working on the business instead of in the business.
The processes, procedures, networks, systems and workflows of the business all need to be scalable. This is imperative when it comes to your infrastructure for the financial management of your business. You’re only ready for growth when your infrastructure can seamlessly keep pace.
Scaling up demands more innovative marketing and storytelling so that you can more easily connect and engage with the new employees, clients, network partners, investors and mentors that need to come along with you on your scale-up journey.
Businesses that build a market conversation and a compelling brand narrative during their start-up phase are better positioned to have this kind of market access when they need to scale up.
It is critical to have the right people on your team. Our successful entrepreneurs have what it takes to attract, inspire and retain top talent. A strong team of smart, ambitious and purpose-driven people who love the company and want to see it succeed contribute greatly to a world class company culture. They are adept at communicating a compelling vision and establishing core values that people can take on. These entrepreneurs are tuned into the aspirations of their people and focus on developing leaders in their teams who can in turn develop more leaders.
It is planning that ensures that the right things are happening at the right times. At successful scale-ups strategies and action plans are devised to ensure that the most important thing always remains the most important thing.
Strategy includes input from all team members and setting of good priorities for the short, medium and long term. Goals are clear and everyone always knows what they are working towards. The needle is continuously moved because 90-day action plans are implemented each quarter to achieve targets and goals that are over and above people doing their daily jobs.
Top entrepreneurs are not just focused on what operations need to achieve, but how the business operates. They have the right procedures, processes and tools in place so that everyone can deliver along the line on the company’s brand promise. Frequent, quick successive meetings ensure the rapid flow of effective communication. Problems are solved without drama. There is no chaos in the office environment. Everyone is empowered to execute flawlessly to an array of consistently happy clients.
Everyone knows that growth burns cash. A rapidly scaling business faces the challenge of needing a scalable financial infrastructure to keep the company healthy. Our successful entrepreneurs pay close attention to finance as the heartbeat of the business, ensuring that everything else functions. They look at the tech they are using for financial management and for the ways that their financial systems can be automated so that they can be brought rapidly to scale. The capital to grow is another vital finance issue.
The best way to finance a business is through paying clients on the shortest possible cash flow cycle. However, when you are scaling up and making heavier investments in the resources you need for growth, it is likely that you will need a workable plan for raising capital. Our scale-up clients know the value of accessing innovative financial management that provides high level services to drive their business growth.
Navigating the scale-up journey of a growing private company is one of the hardest but most rewarding of careers to pursue. Having people in your corner who have been through this journey before helps take a lot of pain out of the process. No growth journey looks the same, but there are tried and tested methods that will – if applied diligently – lead to definite success. Happy scaling!
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