It wasn’t only being the right person at the right time and place that took Alibaba to a global success. Having millions of other people getting the same opportunity, Jack Ma, the founder of Alibaba seemed on the wrong side of history. Alternately described as elfish and impish by the media, Jack’s diminutive figure brought him unwanted attention and ridicule. Even within his own family, he was sometimes teased as being the runt. Jack got bullied by classmates due to his abilities on arts, music, and storytelling. He failed twice in his academic exams, but he was self-learned, and was fond of the English language, particularly meeting foreigners to practice his English.
"Alibaba’s World: How a Remarkable Chinese Company is Changing the Face of Global Business is an insider account of the rise and culture of the company. Author Porter Erisman joined Alibaba in 2000 soon after its founding by Jack Ma. Erisman was Alibaba’s first western employee and rose to be vice-president before leaving the company in 2008." The Financial Express
The Wal-Mart story is full of simple, but important truths. It's a story that has mystified some, frustrated others, and been admired by many. It's a story about principled, focused leadership that has been able to effectively and consistently balance values and the bottom line in a way that has seldom
Moscow-born Sergey Brin and Midwest-born Larry Page dropped out of graduate school at Stanford University to, in their own words, change the world through a powerful search engine that would organize every bit of information on the Web for free. The Google Story takes you deep inside the company's wild ride from an
Having a mixed culture with a mixed education, Carlos Ghosn was able to lead Nissan to the next success. Traveling from Lebanon to Brazil, then Paris and America curved his methodology and his way of thinking in a way that enables him to turn a losing company to be one of
We’re losing patience with bad companies. We’re fed up with tainted food, tightfisted employers, and “corporate social responsibility” that is more marketing spin than true caring for our communities. Society hasn’t given up on capitalist corporations. We rely on companies for the basic necessities of food, clothing, and shelter, as well
It wasn’t only being the right person at the right time and place that took Alibaba to a global success.
As China’s own Internet boom began to take off in 1999, Jack gathered his friends and told them he has a new idea for a venture–Alibaba.
In the early days of Alibaba’s foundation, there was a conflict between Alibaba’s founding team in Hangzhou including the CEO and the executives he hired from Hong Kong.
Alibaba wasn’t generating any revenues, but the website traffic and reputation continued to grow, as small businesses decided to try e-commerce one after the other.
By 2003, the situation was completely different, and the mood, morale, and spirit were 180-degrees different from what they were a year earlier.
When you ask your managers to set goals for the company, provide the most optimistic projections, then come back and triple or quadruple your goals.
For people to remain oriented on the long term, they must recognize that just as joy is part of a startup, so is pain.
Companies lose their way when they lose track of their central mission. Change business models, expand to new areas, but never lose sight of your mission.
When it comes to building a team, it’s important to weed out habitual complainers, as they fail to realize that they have the power to solve the problem they’re complaining about.