Coming from a business giant, Mark Zuckerberg- who knows a thing or two about building a billion-dollar company is an advice to entrepreneurs. He thinks that a lot of people are doing things backwards. By focusing on building a company before they even know what they want to do.
This he was said during an interview with Y Combinator president Sam Altman.
He said it just felt backwards for people to decide that they want to start a company before they even decide what they want the company to do or the problem the company is out to solve.
He also mentioned that the best companies that are built are those that are trying to solve a problem or drive some kind of social change. Even if it’s just local in one place. And not those that started out because they wanted to make a bunch of money or have a lot of people working for them or build some company in some way.
The thing not to do is to start a company just to start a company. You should start one because you are trying to solve a problem or meeting a need.
“Facebook was not originally created to be a company. It was built to accomplish a social mission – to make the world more open and connected”, he said.
Entrepreneurs should go after solving problems that are really important to people. Not just start a company to be an entrepreneur.
Zuckerberg in his talk also urged startups to explore different areas and make sure it’s
something that is impactful before doing it– whether that’s in college or elsewhere.