What Kind of Business Should You Start? – How Mark Zuckerberg Pivoted From Rating Hotness to Facebook
Find Angel Funding & Venture Capital for Business Startups, Entrepreneurs, & First Time Founders – Episode 1
When it comes to brainstorming startup ideas, new entrepreneurs and even seasoned ones scratch their heads in confusion. Living in the information age, you can scan the current market and see countless new business ideas. With so many options out there, how do you know which one is right for you?
The key here is to start something, anything, because you will see many changes along the way e.g. pivots. Even Facebook did not start as Facebook. Mark Zuckerberg did not start off thinking he was going to create the biggest social network in the world. Instead, it all began with developing “FaceMash,” a program where students from Harvard would connect and rate each other based on their “hotness.”
To make FaceMash work, Mark breached the privacy of students on campus, which landed him in some hot water with the administration board. He took down the website and apologized. Then he took a different direction and created Facebook the following year.
Remember, your business starts with you. Explore options, talk to people, and see how it goes. It will help you learn what works and what does not; this should open your eyes to the best ideas. Happy hunting!