Friday, November 05, 2010

The Social Network - drop the "the", just make it facebook

i think i have just been Mark Zuckerberged....
i heard rave reviews of the movie when i was in US months ago... everyone was like saying how good this movie is... tts why i am determined to watch it. I must say its an eye opener, not a fantastic movie in the class of transformers or what have you... and I think most people walk away from the movie, so tts how facebook come about. The social media that everyone is addicted to. One which I am hooked on myself... 500million people in the network now, and if i remember correctly, i joined at 1millionth plus user... cometh a long way huh?

myself, I think i see the struggles of a setup, letting it form, seeing what it will become, planning its path, not killing it cos of small monies... the determination of making it succeed, making it your baby and constantly thinking of how to improve it, getting ideas from everywhere and anywhere. Total devotion to the project, sparks of ideas can come from anywhere and everywhere. Meeting the right people, be receptive to ideas, decipher if that idea matches yours and the direction of your business. (Which reminds me of a parable which i heard before... a real businessman will not be afraid to accept help in any kinds when it comes knocking, they will accept it with gratitude rather than thinking of the consequences...) anything negative, just throw it out... allow no glitches that will harm your progress or reputation as a startup.

I'm sure the movie has blown it out of proportions a bit... but devotion is when you are facing a lawsuit that threatens to derail you, but you are not worried about it and your mind is on your biz/project on how to make it bigger, better... this thing is just a distraction when you are onto something bigger and more important. That shows hows devoted you are and how determined and steadfast you are with your biz that the confidence that you have to make it work.

Affirmation of your biz is when you are Mark Zuckerberg, and someone comes up to you and tell you... your work is great... facebook me...

Knowing your resources and making use of them correctly is when how he latch on to Napster's founder's contacts to draw money to expand the business and making it better. Grab it with your both hands.

being receptive and Marketing it correctly is when he accepted the idea not to do advertising to "UNcool" facebook in its infancy. dropping the in thefacebook and making it facebook. allow photos sharing and tagging... turning up in pitching fashionably late and fashionably disastrous...

EMpowering is when you are not afraid to task your partners or workers and trust them, more brains can be better than one.. more creativity, more work done... empowering them with company shares and making them feel part of the company.

Building interest and public awareness is knowing how to make use the power of internet and the spread of word. passing 1 link to a person will lead to thousands and millions seeing it. Just like initially, the start of Facemash... subsequently Facebook when it become cool and exclusive to join and be part of the "IN" culture. Realising and giving what the masses want to know and retaining the privacy of being mysterious. eg: relationship status in facebook and the interests section or background like schools or work place. constantly innovating to draw interest...

Expanding the business and letting it out of control... how he expanded to other universities in US and finally to UK universities and open up to the world.

So, don't be greedy and shortsighted, why go for 14 trouts when you can net a Marlin?

sometimes, you gotta give up a bit to keep things going... like during the lawsuit, he was ordered to compensate Eduardo an undisclosed sum of money and the twin brothers 65 million dollars. The young lawyer told you, pay it up like a speeding ticket fine, its not like you cannot afford it, rather than to risk losing more and getting it more long drawn... Facebook was worth 5 billion during that time. Learn to look at the big picture.

Don't look at what has happened, Look at what is Happening now!!!

A taste of bitter now for the better/sweeter future.

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