The 5 Values Mark Zuckerberg Built Facebook On : Under30CEO The 5 Values Mark Zuckerberg Built Facebook On : Under30CEO
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The 5 Values Mark Zuckerberg Built Facebook On

| February 2, 2012 | 6 Comments

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In Facebook’s SEC filing there was a letter written by Mark Zuckerberg talking about the company. In that letter he outlined the 5 core values he built Facebook on and plans to continue focusing on as the company goes public.

All 5 of these values can be taken and applied to any company today. The following is the excerpt from the letter where we get a look into the values one of the youngest and most powerful CEOs on the planet has:

Focus on Impact

If we want to have the biggest impact, the best way to do this is to make sure we always focus on solving the most important problems. It sounds simple, but we think most companies do this poorly and waste a lot of time. We expect everyone at Facebook to be good at finding the biggest problems to work on.

Move Fast

Moving fast enables us to build more things and learn faster. However, as most companies grow, they slow down too much because they’re more afraid of making mistakes than they are of losing opportunities by moving too slowly. We have a saying: “Move fast and break things.” The idea is that if you never break anything, you’re probably not moving fast enough.

Be Bold

Building great things means taking risks. This can be scary and prevents most companies from doing the bold things they should. However, in a world that’s changing so quickly, you’re guaranteed to fail if you don’t take any risks. We have another saying: “The riskiest thing is to take no risks.” We encourage everyone to make bold decisions, even if that means being wrong some of the time.

Be Open

We believe that a more open world is a better world because people with more information can make better decisions and have a greater impact. That goes for running our company as well. We work hard to make sure everyone at Facebook has access to as much information as possible about every part of the company so they can make the best decisions and have the greatest impact.

Build Social Value

Once again, Facebook exists to make the world more open and connected, and not just to build a company. We expect everyone at Facebook to focus every day on how to build real value for the world in everything they do.

About the Author: Jared O'Toole

Co-founder and editor of Under30Media. You can send an email to Jared(at)Under30CEO.com. Follow him on Google+ or @JaredOToole

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Category: Startup Advice

  • http://www.facebook.com/joe.matz Joe Matz

    I
    wonder how those values came into being. Did Zuckerberg
    start with those values in mind? Or did they evolve as his business
    did?

  • http://www.facebook.com/henning.micah Micah John Henning

    I’m of the opinion he adapted these for the IPO, but I’m a skeptic and don’t trust anything he says.  I’m also of the opinion that these values would scare off most investors looking for secure investments.

  • http://www.wic.co.in/ Reggie288

    Dont know whether zuck really started with these values or not.. but they do make sense to me..

  • dileepa

    I stopped thinking, when I realised that great thoughts do come in the process, and not at the very founding level. A story built on otherwise, as to how realisations came into being would have
    kept the reader – should I say,interested.
    Yet, many thanks for FB – I appreciate it!!

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