Mark Zuckerberg makes you do something each morning, all because of Facebook! You reach for your phone and scroll through your social media for a few minutes, then you get up and start your day. In this day and age, the majority of people in the United States own smartphones and have some kind of social media that they use often, such as Twitter, Instagram, Facebook, and many more. We heavily depend on social media networks to help us connect with people from around the globe, by sharing photos, life statuses, and whatnot. It is a place where people get their main news sources.

We have Facebook, a popular social media platform, to cater to all of those needs, and the face behind it all is Mark Zuckerberg, co-founder, and CEO of Facebook.

Mark Zuckerberg — Early Life

His father utilized his messaging program in his dental office so that it would be convenient for both him and his employees to communicate. The family also made use of Zuckerberg’s messaging program to communicate within the house. But that was not all. Zuckerberg also created computer games with his group of friends. He would build off of their ideas and turn them into games.

His parents thought that he had such great talent and interest in computers that they hired a computer tutor, but Zuckerberg was always a step ahead. Not surprised by his intellectuals, Zuckerberg got accepted into Harvard University, an ivy league institution in 2002. During his second year, he created a program called Course Match, designed to help students choose their courses. Along the way, Zuckerberg invented other programs, such as Face mash. This all leads up to the creation of Facebook, originally called The Facebook, when Zuckerberg and his friends wanted to create a site that allowed users to make their own profiles, upload photos, connect and communicate with others. Zuckerberg took a risky chance by deciding to drop out of Harvard, one of the most prestigious universities, in order to develop Facebook even further. As a result, Facebook garnered one million users by the end of 2004.

The Rise Of Facebook

Find more statistics at Statista

Fast forward to 2020

As reported by Social Sprout, 83% of women and 75% of men use Facebook. 88% of those are between the ages of 18 to 29, 84% are between 30 to 49, 72% ages 50 to 64, and 62% are 65 and up. So how exactly does Facebook make money from us? Since Facebook has over two billion active users, it is an easy source for companies to advertise their products. Additionally, Facebook is a free online service, meaning that it makes money through advertisements. Based on statistics provided by Social Sprout, a user’s average amount of time spent on Facebook is approximately 35 minutes per day, and within those minutes you are already exposed to several advertisements. According to slate.com, Facebook earns $4.84 in revenue per user per year.

Impact on Social Media

Social Media on Mobile Devices

Since there are apps for Facebook and Messenger, we have them readily available for us to use. The “average consumer spends about five hours per day on their mobile devices” (Social Sprout), and about 19% of that is spent on using the Facebook app.

Summary

Mark Zuckerberg proves that sometimes taking risks can lead to big things.

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