Focus on what you do best. MySpace receives 95 Percent of Ad Revenues from only 9 Countries. The top countries clicking on social networking ads were not named but we have a good idea of which ones bring the most users susceptible to advertising .
The countries are likely:
- United States
Reported by MySpace CEO DeWolfe.
Another indicator of business success: CEO pay. The CEO’s salary sets a cap for everyone else and it aligns his/her interest with the equity holders and employees. It creates an atmosphere of excitement for the company to innovate rather than just collecting paychecks.
According to Peter Thiel, the best predictor of startup success is low CEO Pay $100-125k per year.
When Steve Jobs returned to Apple Computer in 1998 he was paid $1 annual salary for years as iCEO.