Leadership - Think Like Zuck

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Summary
Think Like Zuck, written by Ekaterina Walter, is a book about how to start thinking more like unconventional leaders such as Mark Zuckerberg, founder of Facebook. Within each chapter of the book, there are stories that are told from behind-the-scenes of Facebook and other very successful companies such as Zappos, Apple, and TOMS. Throughout Think Like Zuck, Walter includes diagrams and charts for successful leadership. Not only does Walter explain what it takes to be a leader, but she also explains the important factors about how to achieve great leadership and to think outside the box. Although some might say that Mark Zuckerberg is too young and inexperienced to be the head of a large and fast-growing company, Walter disagrees and makes her point with this book. She explains how Zuckerberg exemplifies great leadership through passion, purpose, people, product, and partnerships. What I Found Interesting

There are many interesting concepts and stories in Think Like Zuck. It gave me a chance to know different stories about leadership in the most famous and successful companies that are in the world today. Each chapter gives crucial advice about how to be a great leader and the proof behind those theories. There were countless examples that were used which kept me engaged in the book as well as short quotes throughout each chapter that had to do with the topic.

One of the most memorable things that I read in the book was about a study on passion and how following your passions leads to great success. Walter mentions the study that she read in a book called Getting Rich Your Own Way, by Srully Blotnick, an American author and journalist. The study was done over the course of 20 years from 1960 to 1980 with 1,500 business school graduates. The study was to track their success after graduation based on their career choices. All 1,500 people were asked the same question: would you pursue your dream now or pursue a career that will help you become financially secure first? Eighty-three percent of people responded that they would wait until they were financially secure and then pursue their dreams. Seventeen percent opted to go for their dream now and think about money later. Twenty years later, out of the 255 graduates who chose work they truly loved, 100 were millionaires. Out of 1.245 graduates who decided to chase a bigger paycheck first, only one became a millionaire. I think that it is remarkable.

I also found interesting that Mark Zuckerberg refused to sell Facebook after countless offers, up to $1 billion, because money wasn’t a priority to him. He wanted to pursue his dream of changing the world and the way people connect with each other. Because he felt that Facebook had not achieved it yet, he declined the offers.

Zuckerberg also believes in empowerment. Diaspora, a competitor of Facebook, launched in 2012 and Zuckerberg actually contributed to their company because he believes in others who think like him. I also liked the fact that Zuckerberg made his purpose and passion everyone’s at the company. Walter believes that the only way to achieve success of your mission is if the leader and the followers, in this case Zuckerberg and Facebook employees, are united in their passion and purpose. She mentioned that aligning goals is critical for togetherness and support within the company culture.

In the third chapter of the book, Walter discusses having the best team possible. I definitely agree with this aspect. She states that success is a team sport and that one person cannot know all there is to run a company by him or herself. Walter really focuses on the quality of human capital and how important it is to the success of a company. Great leaders recognize that success is a team sport, so they should choose employees who share the same vision.

Walter also brings in a quote from Jim Collins’ book Good to Great. Collins states that good-to-great leaders “first got the right people on the bus, the...
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