Management

Lessons from

“The Social

Network” Nakul Patel

Management Lessons from

The Social Network

Entrepreneurship & Innovation go hand in

hand

If you have an idea, you have to get on

with it. MySpace was there, but it was the

idea of the “exclusivity” of Mark Zuckerberg

that made his product stand out

Management Lessons from

The Social Network

It’s the product that matters, profits will

follow

Time and again, Eduardo tells Mark to

monopolize the Facebook. But it was the

idea of Sean, to let the product grow and

then monopolize it that made the

Facebook what it is today

Management Lessons from

The Social Network

Branding Matters

The marketing lesson of the movie is when

Sean tell Mark to “Drop the “The”” from the

name of “The Facebook”

It is important how you are going to market

your product

Management Lessons from

The Social Network

What you don’t know you don’t know will

hurt you

Nobody is immune to youthful business

naiveté, not even toppers of the Harvard.

The Winklevoss’ brothers make their first

mistake when they trust & even hire) Mark

without actually knowing him.

Management Lessons from

The Social Network

You can’t make $500 bn without making

a few enemies!!

The path to success is difficult. And, not

everyone would be happy to see you

making money!

The End