Mark Elliot Zuckerberg

Topics: Facebook, Mark Zuckerberg, Entrepreneurship Pages: 4 (1242 words) Published: December 6, 2012
1.Research on-line and prepare a short write-up on a local or overseas Entrepreneur. What is the innovative business idea that the Entrepreneur is involved in?| Mark Elliot Zuckerberg, at the young age of 27, has a personal wealth of estimated 17.5 billion. As a computer programmer and an internet entrepreneur, he is best known as the creator of the renowned social networking website, Facebook, of which he runs it as chief executive and president. It is co-founded by Zuckerburg and three of his classmates while they were still students in Harvard University.He was excellent at programming since he was a child and developed many small computer programmes on communications and games. By the time he was in university, he had achieved a reputation as a programming prodigy. The initial brain child of Facebook was called Facemash where it was something like a popularity contest based on looks. However, due to the popularity of it, the Harvard servers crashed and prevented the others from using the Internet. Also, there were improper use of photos without permissions and hence Zuckerberg had to publicly apologise. | 2.Why and how did the Entrepreneur started the business?| Around the time of Facemash, however, there were requests by the students to create a similar website. Hence Mark Zuckerberg was determined to build a site to answer the pleas if the University was not going to take action.Zuckerberg launched Facebook from his dormitory room on February, 2004. These photo directories enables students to list information such as telephone numbers, and stay connected with their fellow classmates. Although it started out as a project in Harvard, Zuckerberg enlisted help from his friends and managed to spread Facebook to many other places.|

3.What are some of the problems encountered during the start-up of the business?| With businesses comes complications, and Zuckerberg faced lawsuits against him for ownership and criminal investigations. One example...
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