ENTREPRENEURSHIP

Mark Zuckerberg as an Entrepreneur



Introduction1

Entrepreneurship1

Start up Process3

Business Development Process5

Financing the Venture7

Growth Strategies8

Challenges9

Operations10

References12

Mark Zuckerberg as an Entrepreneur

Introduction

This paper is related to my course entrepreneurship & small business. There are many single and famous entrepreneurs who have done wonders in their field and business. The individual entrepreneur whom I have selected is Mark Zuckerberg. Most of the many in fact almost all of us are familiar with this name now. Mark is a famous entrepreneur who is the owner of Facebook a social networking site. He is one of the youngest entrepreneurs of 26 years of age only and this is the reason which attracted me to select him and his business for this report (www.incomediary.com).

Entrepreneurship

An entrepreneur is one who comes up and sets a new business in order to make some profit. Similarly entrepreneurship is the procedure of being an ambition person or an entrepreneur in simpler term. He gets together and allots assets. He reviews the business financially, in terms of creativity, managerial, or innovation regularly. One takes part in business endeavour when one starts to set up a company that uses various assets in a deliberation to make the most of the recently discovered chance. It normally includes hard work, extended periods, and normally, the desire for significant financial return. Most importantly entrepreneurship is described by inventive results for old or disregarded situations; resourcefulness and enhancement are the entrepreneur's stock in exchange (www.forbes.com).

Entrepreneurship is also viewed as a source of more entrepreneurship. Public all around the world have dependably been powered by the improvements and new features that entrepreneurs carry to the business sector. All big organizations began modest, generally as one male or female with a great thought and the readiness to work hard and hazard everything. While history has proven time and again that numerous new organizations fall flat, the ones that succeed commit an extraordinary bargain to the making of other new steps which advances, in turn, to a dynamic national economy. For sure, today's economists and business analysts refer to business as a nexus part of fate monetary development in North America and as far and wide as possible.

Every entrepreneurs experience difficulties and hard times which are really important to them not just to set up their business but also to become a successful entrepreneur. According to Zukerberg, people should resolve or go after the problems that are real and big not after something that is easy. He elaborates that people and business persons should do something that is fundamental and especially on how the human beings live their lives which made him to come up with Facebook (www.forbes.com). This site is all about people, their lives and their social circle.

Mark Zukerberg, the founder of the social networking site Facebook; was born in the year 1984 in New York. He established this networking site sitting in his hostel room in college. He is a drop out of Harvard Business School because he was concentrating more to set up his site than ion ...