>>> He developed a software program named ZuckNet, which enabled his father to communicate with the dentist in the clinic via the Internet. This system could even be regarded as the original version of the later AOL Instant Messenger software.

>>> When he was in the second grade, he developed a program called CourseMatch, which was a program that allowed users to refer to other students' course selection logic when choosing courses. After some time, he developed another different program called Facemash, where students could select the person with the best appearance from a group of photos.

2. Fluent language skills :

>>> Apart from his native English, he can speak some simple Mandarin. He once delivered a speech in Chinese at Tsinghua University in Beijing in 2014.

3. Strategic thinking for the future :

>>> On July 21st, 2010, Zuckerberg announced that the number of his website's members had reached 500 million. When asked about the future development strategy, he said: "If we look at the average ad search rate on our website, in fact, the click-through rate is only 10% of the page views. But it is required to increase to 20%." …… It's not difficult to do this thing, but we don't want to do it. We have already made enough money. Indeed, what I want to say is that we are on the path we want to take.

>>> It originated from social networking services and social media websites from the United States. Its headquarters is located in Menlo Park, San Mateo County, California. In its early stage of establishment, it was originally named "the facebook", and the name was inspired by the nickname "face book" given to students in American high schools for their school's communication book (or called directory) which contained photos and contact information.

>>> While studying for his bachelor's degree at Harvard University, Zuckerberg wrote a website program named "Facemash" in October 28, 2003.

In January 2004, during the following semester, Zuckerberg began writing the program codes for the new website. Zuckerberg said he was inspired by an article in The Harvard Crimson about the "Facemash" incident.

On February 4, 2004, Zuckerberg launched "Thefacebook", with the original website address being the facebook.com

In 2005, after purchasing the domain name facebook.com for $200,000, Facebook removed the word "The" from the name and officially changed it to "Facebook".

2. Product design and user experience: Jobs had high standards for product design, emphasizing ease of use, beauty, and handiness. He cared about the appearance and interface of Apple products.

3. Market insight and brand building: Jobs had excellent market insight and brand strategies to attract consumers.

4. Leadership and team management: Jobs' management style was demanding but could inspire team members for innovations. He could select and build effective teams.

5. Visionary: Jobs could envision tech's future. The iPhone he introduced revolutionized the smartphone industry.

6. Decision-making ability and risk management: Steve Jobs took risks and made forward-looking choices in major decisions. For example, focusing on computer design in Apple's early days.

>>> Facebook has come under criticism. Mark Warren, a member of the US Senate Intelligence Committee, pointed out that social media platforms like Facebook have allowed users to post information that incites attacks on Congress on their platforms, and have facilitated the gathering and communication among users through chat and group functions.

2. NeXT: Jobs founded it in 1985 after leaving Apple. It targeted specific markets. Its tech was important for Apple after its 1997 acquisition.

3. Pixar Animation Studios: Jobs bought it in 1986 and became CEO. It made famous films. Disney acquired it in 2006 and Jobs became a major shareholder.

Zuckerberg sets himself an annual "challenge" every year. In 2009, his challenge was to wear a tie every day. In 2010, he learned Chinese. In 2011, his challenge was to eat only animals slaughtered by himself (thus, he almost became a vegetarian). And in 2012, his challenge was to write code every day, because he hoped to get closer to his employees and understand Facebook from the details.

2. Have the courage to overcome inner fears :

Zuckerberg is a shy and introverted person. Therefore, in the early days, when he gave public speeches, he would be nervous and his body would tremble slightly, especially at the first F8 conference, which was quite obvious. After years of learning and practice, his performance in this aspect has been quite good. For example, his speeches at the F8 development conferences in recent years have been very wonderful and sophisticated.

3. Continuous learning ability :

From the time when Zuckerberg started his business venture as a 19-year-old and became the CEO, to the present day, being able to grow together with Facebook is a testament to his status as an entrepreneur who is constantly learning and improving.

2. Lack of financial attention: Jobs didn't focus on Apple's finances early on, causing problems.

3. Difficult to delegate: Jobs took on many tasks himself and had trouble trusting others.

4. Reject feedback: He was stubborn and dismissed feedback.

2. Innovate and Think Differently: Jobs encouraged out-of-the-box thinking and challenging the status quo, transforming industries with innovative ideas like the iPhone and iPad.

3. Focus on Quality and Design: Jobs emphasized exceptional design and quality in products, believing great design is about how they work and prioritizing user experience.

2.Decisiveness: Bezos is known for making bold and decisive decisions, such as streaming media or cloud computing.

3.Learn and be curious:Bezos loves reading and thinking very much, and also drives the senior management team around him to set up reading meetings and discussion.《 Creation》written by a game developer, inspired Bezos and his technical team to think about how the AWS business would grow.《The Innovator's Dilemma》inspired Bezos to develop the Kindle business.

2.Blue Origin:Bezos founded the aerospace manufacturer and sub- orbital spaceflight services company Blue Origin in 2000. 

3. Altos Labs :September 2021, Bezos co-founded Altos Labs with Mail.ru founder Yuri Milner.

2.Thin Profit Margins in Retail:

While Amazon's revenue numbers are impressive, its profit margins, particularly in the retail segment, are relatively thin.

3.International Expansion Costs: As Amazon expands into new markets, it often operates at a loss initially to gain market share. This can drag down overall profitability.

Innovation: A great example that speaks for itself is Amazon's algorithm suggesting to customers what they would like to buy next based on their buying patterns.

Never Stop Experimenting:

“If you double the number of experiments you do per year you’re going to double your inventiveness.”said Bezos

- Leadership & Vision: Ability to set ambitious long-term goals (e.g., "making humanity multi-planetary") and inspire teams to achieve them.

- Risk Management: Willingness to pursue high-risk ventures (e.g., persisting with SpaceX despite early rocket launch failures).

- Resource Integration: Skill in leveraging capital and networks (e.g., co-founding PayPal and using proceeds to fund future ventures).

- Zip2 (1996): Online content platform for news agencies, acquired by Compaq.

- X.com/PayPal (1999): Pioneered online payments, later acquired by eBay.

- SpaceX (2002): Aims to reduce space travel costs and colonize Mars.

- Tesla (2004): Accelerated the adoption of electric vehicles and renewable energy.

- SolarCity (2006, merged into Tesla): Solar energy services company.

- Neuralink (2016): Develops brain-machine interface technology.

- The Boring Company (2016): Underground tunnel projects to alleviate urban traffic.

- Initial Capital & Experience: Gained funds and expertise through the sale of Zip2 and PayPal.

- High-Risk Investment: Invested personal wealth into SpaceX and Tesla (both nearly bankrupt at times).

- Innovative Models: SpaceX’s reusable rockets lowered costs; Tesla disrupted auto sales with direct-to-consumer strategies.

- Controversial Statements: Social media remarks triggering legal/PR crises (e.g., SEC investigation over "taking Tesla private" tweet).

- Management Style: Demanding work culture leading to high-pressure environments.

2. Cross-Industry Innovation: Break boundaries by merging technologies from aerospace, energy, and transportation.

3. Iterate Through Failure: Embrace setbacks as part of progress

Li Ka-shing's entrepreneurial motivation stems mainly from the financial pressure of his family. After his father died in 1943, Li Ka-shing, the eldest son, had to drop out of school and start working to support his family. He worked in a watch company and then as a salesman in a plastic factory. Due to his diligence and outstanding performance, he was promoted to general manager ‌ two years later. This experience not only gave him management experience, but also laid the foundation for his later entrepreneurship.

Li Ka-shing's venture is the production of plastic products. Anticipating the saturation of the plastic flower market, he turned to the production of plastic toys in time, a decision that made his factory a success in the international market ‌. In addition, Li Ka-shing showed keen market insight and decisive decision-making ability in the process of entrepreneurship, which helped him gradually open up the situation in the business world and achieve success ‌.

• Visionary and Strategic:

  Perkins is recognized for her ability to identify opportunities and develop a clear vision for Canva, transforming it from a startup to a global brand. 

• Highly Effective Leader:

  She's known for her hands-on approach to leadership, dedication to Canva's success, and ability to anticipate and respond to market changes. 

• Strong Work Ethic:

  Perkins is known for her dedication and perseverance, which have been instrumental in building Canva. 

• Cultivates a Culture of Collaboration and Innovation:

  She fosters a collaborative environment at Canva, encouraging innovation and empowering employees. 

• Builds Strategic Relationships:

  Perkins is adept at building strong relationships, which have been crucial for securing investment and partnerships for Canva. 

• Philanthropic:

  Perkins is committed to making a positive impact through both business and philanthropy. 

Fusion Books

Solve Real Problems

Persistence Pays Off

The second is his business smarts, which let him take advantage of opportunities for economic development, especially in Korea's post-war reconstruction and industry.

He was decisive and willing to take risks. He did well in the shipbuilding industry and the automobile manufacturing industry. He also helped his country's economy grow and expand his own company's business. Fourth was his ability to recognize talent, including the promotion of Lee Myung-bak to the presidency of Hyundai.

Hyundai Motor (1967)

Hyundai Heavy Industries (1972)

1. Leadership – He guides Amazon and makes big decisions.

2. Business Growth – He helps Amazon and AWS grow and succeed.

3. Technology Knowledge – He understands cloud computing and digital tools.

4. Problem-Solving – He finds solutions to challenges.

5. Data Analysis – He uses numbers and facts to make decisions.

6. Customer Focus – He works to make customers happy.

7. Crisis Management – He stays calm and leads during difficult times.

2. High expectations – He pushes for big goals, which can put pressure on employees.

3. Market challenges – He faces issues like strong competition and strict government rules.

2. Use data to make decisions – He focuses on facts and numbers to guide his choices.

3. Leadership is powerful – A strong leader can help a company grow and succeed.

Gate venture: After stepping down from his CEO role at Microsoft in 2000, Gates shifted his focus to philanthropy and personal ventures. He invested in clean energy, health initiatives, and education through his private venture firm, Gates Ventures, and the foundation. Gates has spent billions through the foundation, tackling major global challenges like malaria, polio, and access to education.

Knight set out on a trip around the world after graduation, during which he made a stop in Kobe, Japan, in November 1962. It was there that he discovered Tiger brand running shoes, manufactured in Kobe by the Onitsuka Co., now known as Asics. Impressed by the quality and low cost of the shoes, Knight called Mr. Onitsuka, who agreed to meet with him. By the end of the meeting, Knight had secured Tiger distribution rights for the western United States.

The first Tiger samples would take more than a year to be shipped to Knight; during that time he found a job as an accountant in Portland. When Knight finally received the shoe samples, he mailed two pairs to Bowerman at the University of Oregon, hoping to gain both a sale and an influential endorsement. To Knight's surprise, Bowerman not only ordered the Tiger shoes, but also offered to become a partner with Knight and provide product design ideas. The two men agreed to a partnership by handshake on January 25, 1964, the birth date of Blue Ribbon Sports, the company that would later become Nike.

3. Vision & Strategic Thinking
• Ma Yun has always emphasized the need for a "global perspective" and "long-term vision". Even when Alibaba was just founded, he proposed a grand vision of "Making it possible for any business to thrive without difficulty".
• His strategic vision is not only reflected in Alibaba's diversified layout, but also in its expansion in the global market, such as establishing Alipay overseas and formulating a global strategic layout.

Morris was closely involved in many decisions at TSMC, which was a strength, but it may have made it hard for him to hand off tasks to others.

Adaptability and Learning from Others: Wang Xing's early entrepreneurial experiences included adapting successful Western business models to suit the Chinese market. This adaptability and the willingness to learn from existing models highlighted his strategic thinking.

Visionary Leadership: The remarkable feat of transforming Meituan from a group-buying website into China's largest instant service provider showcases Wang Xing's visionary leadership skills and his ability to effectively expand business.

In 2010, Xing Wang co-founded Meituan.com with Mu Rongjun. The company has grown into a leading on-demand service platform in China, offering services such as food delivery, dining information, hotel booking, and more.

Prioritize Teamwork and Relationships

Maintain a Clear Vision and Ethical Standards

Having been deeply influenced by Benjamin Graham's value investment philosophy, they focus on identifying undervalued high-quality companies and holding them for the long term. 2. Financial Analysis

Proficient in interpreting financial reports, analyzing the balance sheet, cash flow statement and income statement of companies.

Attentive to key financial indicators such as return on equity (ROE), free cash flow (FCF) and debt level to assess the long-term profitability of enterprises.

1.GEICO (Government Employees Insurance Company of the United States) 

2.Berkshire Hathaway Reinsurance Group

Railway 

1.BNSF Railway

Manufacturing, service industry and retail sector · Precision Castparts

2. Lubrizol

3.Duracell

At the age of 6: Earned pocket money by selling chewing gum and Coca-Cola near home.

At the age of 13: Started delivering newspapers and used the money earned to invest in stocks, and declared his first income tax return (deducting the depreciation cost of the bicycle).

University years (16-24 years old) At the age of 17: Entered the Wharton School of Business, but thought the theories taught by the professors were not practical enough. Later, he transferred to the University of Nebraska-Lincoln and graduated with excellent grades.

At the age of 24: After graduation, he worked at Graham-Newman Corp, a company founded by Graham, and learned stock analysis methods.

Establishing his own investment company (26 years old)

In 1956 (26 years old): After Graham's retirement, Buffett returned to his hometown of Omaha and used his own and his relatives' funds to establish Buffett Partnership Ltd.

Strategy: Centered on value investment, focusing on the long-term holding of undervalued stocks, and gradually expanding the investment scale.

Short-term success: By 1960, he had managed over $1 million in funds, and his personal wealth grew rapidly.

• Berkshire's success is largely attributed to the investment decisions made by Buffett (CEO) and Munger (Vice Chairman).

• Their advanced age (Munger passed away in 2023) has made the issue of succession a focus of investors' attention.

• The future leadership may struggle to maintain the investment style and performance of the Buffett era.

2. Large capital scale makes it difficult to find high-return investment opportunities

• Because Berkshire manages hundreds of billions of dollars in funds, it needs larger investment targets, but there are limited suitable enterprises in the market.

• In recent years, the company has a huge cash reserve, but it has become difficult to find appropriate investment targets.

• Focus on the intrinsic value of the enterprise rather than short-term fluctuations in the market.

• Invest in "moat" enterprises: Select companies that have long-term competitive advantages, such as Apple and Coca-Cola.

2. Discipline & Patience

When the market is in decline, ordinary investors tend to panic and sell off their holdings, but Buffett buys good companies when the market is sluggish.

3. Live Simply & Focus on Strengths

Even though he is a billionaire, Buffett still lives in the old house he bought in 1958, drives an ordinary car and doesn't pursue a luxurious lifestyle.

In 2012, Sarah Blakely joined an elite club of just 2,604 people worldwide. It was the year Forbes anointed her the world's youngest white-hot billionaire, and Sara was welcomed into the world of the Walton family, Carlos Slim and Warren Buffett. Not bad for a girl who once failed an audition for Goofy at Disney's Orlando theme park.

Finally, one mill manager called Sara back. His three daughters had convinced him that Sara Blakely was on to something. Sara, too, knew she was on to something. She was a woman, so that meant she actually wore pantyhose — a big improvement over the standard industry leaders, nearly all men who wore slacks, socks, and boxer shorts