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Marc Benioff
Investors and Entrepreneurs

Salesforce founder Marc Benioff and his success rules

07.12.2020
2 min read

Who is Marc Benioff and his philosophy

Marc Benioff is known as the founder and CEO of Salesforce, which sells software by offering customers a subscription to a particular product. Interestingly, in 1999, when the company was founded, it was difficult to imagine this business model.
At that time, the quality of the Internet was poor, the connection was unreliable, and the security of operations was questionable. However, this did not stop Marc Benioff. Despite a successful career in Oracle and a salary of $1 million, he decided to start his own business.
There were few people who shared Mark’s ideas. Venture investors refused him, not believing that cloud technology could work and generate revenue. Only the owner of International Data Group believed in an ambitious entrepreneur that he was publishing a magazine about computer technology. The businessman was imbued with the idea of Benioff and, by connecting professional connections, raised $62 million for the new startup. Over time, Salesforce became successful and brought its founder money and fame.
According to Mark, he managed to achieve such a result by tirelessly following his own rules. The main thing for Benioff is a clear goal, he had to experience difficulties mainly because Mark did not know exactly what he wanted. Faith in success is an important component that keeps his hands on the road, even in moments of difficulty and loss. In Benioff’s experience, it is necessary to surround yourself with people who will come to help. They will come to life after you have clearly stated your goal.
The founder of Salesforce believes that a reliable team of like-minded people will see the prospects and work together.

Marc Benioff

Marc Benioff does not limit himself to leadership. He acts as a speaker, has written 3 books, one of which, Behind the Cloud, has become a bestseller. In addition, Mark has a stake in Cisco and is on its board of directors.
In 2010, Fortune magazine recognized the businessman as one of the most talented people in the field of information technology. Marc Benioff has received many awards, including “Entrepreneur of the Year”.
From 2003 to 2005, the businessman served as Co-Chairman of the Information Technology Committee under the Government of George Bush. His responsibilities included cybersecurity.
In 2018, Benioff acquired the reputable magazine Time for $190 million.
Mark is a versatile personality, he runs Salesforce, helps Cisco thrive, writes books, as well as has a passion for Oriental literature and studies Chinese philosophers. All the more so because his billionth fortune allows him to enjoy his favorite activity.

Tags: Investors and Entrepreneurs
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