Marc Benioff was born in San Francisco, California. He studied at the University of Southern California and then worked at Apple and Oracle.
In the early 1990s, he traveled to India and took a year off from work. It was destroying him despite the salary that would be a dream for many people.
When he returned, he worked as a part-timer at Salesforce until it became a full-time job.
Today, Salesforce is one of the most successful technology companies in the world, with a market capitalization of over $50 billion.
If he has revolutionized his life. If he has achieved the dream of working with passion. If he has built a technology empire that today is helping a large number of companies to grow.
It is because he has found the holy grail of WORK. He understood a fundamental thing. Read on and I’ll explain it to you.
Marc Benioff was born in September 1964. After studying at the University he tried working in sales and marketing first.
He grew up in a family with a strong entrepreneurial spirit. His father was a dentist and his mother ran her own advertising agency.
Benioff showed an interest in business from an early age.
“At 14, he created and sold How to Juggle software for $75, setting his career path before he even left high school.”
At 15, he launched his first video game company: Liberty Software, generating royalties of $1,500 per month.
He spent an internship at Apple for a few months before meeting Steve Jobs and being able to get several insights.
He started working at Apple in the early 1990s, where he learned how the power of technology can change business.
He then moved to Oracle, where he played a leading role in enterprise software development.
“He was 23, and he had already become Larry Ellison’s favorite. It has been like this for 13 years ”.
He was vice president: he earned $300,000 a year. But something was wrong with his life.
He lacked time. He had projects in the pipeline and was unable to carry out projects that just thinking about them, made him shine. He felt like a lion in a cage.
Finally, he gets the desire to change his life. In agreement with Ellison, his wife decides to take a gap year and goes to Hawaii to swim with dolphins for three months.
Marc then travels to India where he meets fascinating people and finds that doing business and doing good are equally exciting options for him.
“It made him realize that the enterprise software industry was ignoring the needs of small businesses and consumers.”
So he decided to start his own company to address this market opportunity.
But first, he has to win the time to do it…
Returning to Silicon Valley, Marc Benioff starts working with his wife to get Salesforce off the ground.
They started as a part-time company, with Marc working during the day and Ellison at night.
“Salesforce is now a leading provider of cloud computing software and it has made Marc Benioff one of the richest people in the world. He is currently worth approximately $6.5 billion. ”
What makes Salesforce different from other enterprise software companies is its focus on customer success.
The company motto is “No software, no hardware, no problems.”
This means customers can access Salesforce products and services over the Internet, without having to install any software or hardware on their computers.
This focus on customer success has helped make Salesforce one of the fastest-growing companies in the world.
With a revenue growth rate of over 50% year-on-year. The company now has more than 150,000 customers in over 180 countries.
Salesforce is also a leader in corporate social responsibility.
The company has been rated one of the “Best Places to Work” by Fortune magazine for six consecutive years and is committed to making a positive impact on the world.
For example, Salesforce has pledged to donate $ 2 billion to help address the world’s most pressing social and environmental challenges.
Marc Benioff is a true pioneer in the world of technology and business. He has helped make his one of the most successful companies in the world, and he is committed to making a positive impact on society and on the planet.
The story of Marc Benioff is an inspiration for anyone who wants to make a difference in the world.
He founded his first company at the age of 15 and has been adriving force in enterprise software development.
In 1996, he had a vision for a new type of software that would focus on the needs of small businesses and consumers.
In 1999, he founded Salesforce, which is now one of the world’s leading providers of cloud computing software.
He succeeded in all of this when he decided to stop and reflect on his life.
There are times when we understand that something is wrong in our life, we need to stop and think.
Thanks to the long break he was able to take. He was able to rearrange his ideas and prepared his action plan.
1 – Working part-time to have more time. 2 – Acting and realizing what he had in his head for a lifetime
There is another lesson that Marc teaches us. I have already mentioned it above. During the journey, he discovered the power of the emotions one feels in helping others.
According to many, as well as Anthony Robbins, there is no more absolute satisfaction, the one above all others, which is to do good and to be useful to others.
And here’s how Marc applied it!
Benioff’s business strategy is known as 1-1-1: it stands for one percent of each employee’s time, one percent of equity, and one percent of all sales.
“It states that 1% of working hours, 1% of shares and 1% of products must be donated to charity.”
Beautiful, isn’t it?
It allows his staff to have 8 days a year (which are considered as working days and therefore paid by the company) in which to pursue any type of volunteer activity.
It means giving a portion of the profits to charitable initiatives. Benioff has donated $250 million to charitable causes over the past 20 years, focusing primarily on children’s health (he built children’s hospitals in Oakland, California, and the University of California, San Francisco) and started a Homelessness Initiative.
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