A lot of Facebook's success is owed to the awesome collaboration between Mark and Cheryl. Mark thinks it worked because at Facebook the consumer part he was obsessed about is (defacto) separated operationally from the ads business Cheryl was in charge of. He got to obsess about the customer experience while she focus on generating revenue. Less potential for clashes.

Separation of tasks in leadership teams

Mark discussing about the meaning behind connecting people. He is not wrong. Most people do want to be understood, which is quite problematic:<ul><li>What about understanding others?</li><li>Do we really understand ourselves that well?</li><li>How do we communicate whatever we want others to understand?</li></ul>

"People just wanna be understood"

If a company value does not have a negative, it is not really that useful. "Be honest" is thus not a good value, because dishonesty is not really an option.Zuck's approach was to capture the stuff the company is willing to trade for a benefit. "Move fast" has a lot of advantages, but it may also lead to buggy products. So Zuck wanted to make sure that the leadership was willing to make that trade. So early on, Facebook was led with the mantra "Move fast and break things".

Company Values = giving something up

Mark had some cool ideas about leading at Facebook (now Meta)

Mark Zuckerberg — Founder and CEO of Meta | Brought to you by Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating (http://eightsleep.com/Tim), Magic Spoon delicious low-carb cereal (http://magicspoon.com/tim), and Helium 10 all-in-one software suite to sell on Amazon (https://helium10.com/tim). Mark Zuckerberg (FB/IG) is the founder, chairman, and CEO of Meta, which he originally founded as Facebook in 2004. Mark is responsible for setting the overall direction and product strategy for the company. In October 2021, Facebook rebranded to Meta to reflect all of its products and services across its family of apps and a focus on developing social experiences for the metaverse—moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. He is also the co-founder and co-CEO of the Chan Zuckerberg Initiative with his wife Priscilla, which is leveraging technology to help solve some of the world’s toughest challenges—including supporting the science and technology that will make it possible to cure, prevent, or manage all diseases by the end of the twenty-first century. Mark studied computer science at Harvard University before moving to Palo Alto, California, in 2004. Please enjoy! Show notes: https://tim.blog/2022/03/24/mark-zuckerberg/ About Tim Ferriss: Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 500 million downloads and been selected for “Best of Apple Podcasts” three years running. Connect with Tim Ferriss: Sign up for "5-Bullet Friday" (Tim's free weekly email newsletter): https://go.tim.blog/5-bullet-friday-yt/ Visit the Tim Ferriss PODCAST: https://tim.blog/podcast/ Visit the Tim Ferriss BLOG: https://tim.blog/ Follow Tim Ferriss on TWITTER: https://twitter.com/tferriss/ Follow Tim Ferriss on INSTAGRAM: https://www.instagram.com/timferriss/ Like Tim Ferriss on FACEBOOK: https://www.facebook.com/TimFerriss/

strategy

Strategy

leadershipandmanagement

Leadership & Management

artsandculture

Society, Arts & Culture

Brought to you by Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating http://eightsleep.com/Tim, Magic Spoon delicious low-carb cereal http://magicspoon.com/tim, and Helium 10 all-in-one software suite to sell on Amazon https://helium10.com/tim. 

Mark Zuckerberg (FB/IG) is the founder, chairman, and CEO of Meta, which he originally founded as Facebook in 2004. Mark is responsible for setting the overall direction and product strategy for the company. In October 2021, Facebook rebranded to Meta to reflect all of its products and services across its family of apps and a focus on developing social experiences for the metaverse—moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.

He is also the co-founder and co-CEO of the Chan Zuckerberg Initiative with his wife Priscilla, which is leveraging technology to help solve some of the world’s toughest challenges—including supporting the science and technology that will make it possible to cure, prevent, or manage all diseases by the end of the twenty-first century.

Mark studied computer science at Harvard University before moving to Palo Alto, California, in 2004.

Please enjoy!

00:00 Start
00:20 Fencing and classics
07:11 Science fiction
11:18 Long-term planning
17:17 Getting comfortable with discomfort
21:23 Virtual Reality
28:51 Sustainable livelihoods in the metaverse
52:48 Web2 to Web3
01:03:48 Partnership with Sheryl Sandberg
01:09:11 Family and parenting
01:17:20 Religion
01:23:20 Mark’s annual, personal challenges
01:28:12 Navigating the metaverse

Show notes: https://tim.blog/2022/03/24/mark-zuckerberg/

About Tim Ferriss:
Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 500 million downloads and been selected for “Best of Apple Podcasts” three years running.

Connect with Tim Ferriss:
Sign up for "5-Bullet Friday" (Tim's free weekly email newsletter): https://go.tim.blog/5-bullet-friday-yt/
Visit the Tim Ferriss PODCAST: https://tim.blog/podcast/
Visit the Tim Ferriss BLOG: https://tim.blog/
Follow Tim Ferriss on TWITTER: https://twitter.com/tferriss/
Follow Tim Ferriss on INSTAGRAM: https://www.instagram.com/timferriss/
Like Tim Ferriss on FACEBOOK: https://www.facebook.com/TimFerriss/

Tim Ferriss has been listed as one of Fast Company’s “Most Innovative Business People” and one of Fortune’s “40 under 40.” He is an early-stage technology investor/advisor (Uber, Facebook, Shopify, Duolingo, Alibaba, and 50+ others) and the author of five #1 New York Times and Wall Street Journal bestsellers, including The 4-Hour Workweek and Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers. The Observer and other media have called Tim “the Oprah of audio” due to the influence of The Tim Ferriss Show podcast, which is the first business/interview podcast to exceed 100 million downloads. It has now exceeded 800 million downloads. 

Listen to The Tim Ferriss Show podcast: https://tim.blog/podcast
Sign up for Tim's "5-Bullet Friday" free email newsletter with 1.5M+ subscribers: https://tim.blog/friday 


Company Values = giving something up

Similar ideas to Company Values = giving something up

Take the lead of your performance review