Saturday, January 21, 2012

Randi's RtoZ Media Initiative has proved that just having Huge Money is NOT enough to become a Successful Entrepreneur.

We should have heard and  read the fact that having huge money is NOT enough to become a Successful Entrepreneur. Lot of Successful Start-ups were started with very low budget  in Small Garages, but with huge vision. We might have read success stories of such companies (e.g HP, Apple, Microsoft,Facebook, Google, Reliance,Ford, etc)

Randi Zuckerberg,  Former Marketing Director of Facebook, had clearly proved this Fact (i-e having huge money is NOT enough to become a Successful Entrepreneur) in a solid way by failing to bring up her start-up "R to Z Media" at specified time even then she is having huge money .

In August 2011, Randi resigned from Facebook to start "R to Z Media", but she couldn't couldn't launch her website itself in the past 6 months.

Since Randi Zuckerberg was a former Facebook Marketing Director, I thought her initiative of new Social Media firm "RtoZ Media" will be a successful one. And, therefore I predicted huge search volume for the words "RtoZ Media" and "RtoZ". And, surprisingly I found that there is No Trade Mark issues for the names "RtoZ media" and "RtoZ". So, I registered few RtoZ name related websites to make use of the huge search volume for the keywords "rtoz media" and "rtoz".

Past 6 months I am monitoring the search volume and News about "R to Z", "RtoZ", "RtoZ Media" and RtoZMedia. Based on my observation, Randi is NOT able to bring up her Start-up initiative in the 6 months irrespective of her huge wealth. And, interestingly she started deviating her focus on some other things such as acting in a film "olive", speaking in conferences and promoting small brands thro' her twitter account and facebook page.

While announcing her "RtoZ Media" initiative, the Media gave more importance to Randi Zuckerberg related news. Guardian said,
 She might not have a reputation as a cutting-edge innovator like her brother, but Randi is no slouch. She, too, went to Harvard, graduating in psychology at about the time Mark was dropping out to focus full-time on the phenomenon he had unleashed.

But I don't know what Media is going to tell about her now.

According to the below poll, most of the people didn't like the name "RtoZ media".

At the time of writing this post, more than 68% people voted as they didn't like the name "RtoZ Media". I couldn't understand how Randi's RtoZ Media will promote the brands of their customers while they were not able to understand/read people's thoughts.

So, we can clearly understand that having huge money is NOT enough to become a Successful Entrepreneur. Right? You can share your thoughts thro' the comments.

And, you can take this poll too.

Few weeks back Randi Zuckerberg had sent below Tweet.

The entrepreneur's dilemma: Maintaining friendships. Building a great company. Spending time w/family. Staying fit. Getting sleep. Pick 3.

I don't think any Entrepreneur will consider "Building a Great company" as an optional choice. What do you say? I welcome comments about it from Entrepreneurs and aspiring Entrepreneurs. And, I think the tweet should read as "A celebrity's Dilemma" instead of "The Entrepreneu's dilemma".

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