Facebook is a word that is likely to be added to the dictionary at some point, and will almost certainly be included in most people’s list of synonyms for words like social, friends, and network. Make no mistake, Facebook is massive and even the continuous threats of poor security and hacked accounts have done little to stem the wave of people registering as Mark Zuckerberg announced that it has now reached the 500 million registered users milestone.

If you have a business or are attempting to manage your online reputation then you should be aware that many individuals, both professionally and as a consumer, use the site to research products and companies. Even if you’re looking for a job you should also consider that prospective employers are now more likely than ever to search for your name on the social network to gain more information about you as a person. The bottom line here is that if you don’t Facebook then not only are you quite unusual among your circle of friends and colleagues but you may be missing out.

If you are a business or website owner then you can even set up a company fan page and use it to attract new potential customers or stay in contact with existing ones. However you choose to use the site you should most definitely choose to use it in some way.

Is Facebook your world?

Do you spend entire days nevermind hours waiting for friends to post on your wall?