Jack Ma or Ma Yun is a Chinese business magnate and philanthropist who has carved a niche for himself in the corporate sphere. Known as the founder and chairman of the Alibaba group, he has built an empire of e-commerce in China without selling any product to consumers or having written a single line of code. Under his leadership, he has blended the best of both the Western and Chinese technologies, culture and management styles to create the world’s largest e-commerce company and soon the biggest global technological enterprise.
The company’s IPO raised more than $20 billion and gave Alibaba.com a market capitalization of $240 billion, making Jack Ma the richest man in China and one of the wealthiest men in the world today. Subsequently, he has also become the first Chinese entrepreneur to appear on the cover of the Forbes magazine.
Alibaba is not just an e-commerce company. While three of its core products, Taobao (a consumer-to-consumer company), Tmall (a business-to-consumer firm) and Alibaba.com (a business-to-business operation) generated majority of the company’s revenue. Alibaba is still exploring and expressing interest in electronic payments, cloud computing, streaming entertainment, supply-chain infrastructure and even investment funds. It is poised to grow its technology interests and platforms globally. Today, his brain-child ‘Alibaba’ is considered as one of the biggest success stories in the digital space.
How did a former English teacher from China, often known as “Crazy Jack Ma” due to his unconventional management philosophy, build one of the most valuable companies in the world in just 15 years? What is his secret to success? How to be successful in life? What is the future of technology?
To know more, here are three videos on Jack Ma that you should watch:
Jack Ma – Top 10 Rules For Success
“We have a secret code for Alibaba’s success. Just like Open Sesame, the secret code for Alibaba, the secret code for everybody is keep your dream alive. Because it might come true some day. This is what the secret code is.”
Jack Ma – How to Be Successful in Life?
“Before 30 years old, follow somebody. Go to a small company. Normally, in a big company, it is good to learn processing; you are part of a big machine. But when you go to a small company, you learn the passion, you learn the dreams. You learn how to do a lot of things at one time. So before 30 years old, it’s not which company you go to, it’s which boss you follow. It’s very important. A good boss teaches you differently.”
Jack Ma – The Future of Technology
“Young people embrace technology. Today there are about 1.8 billion people, who are born after 1980s. Those are the generation of the internet. And ask ourselves, if there’s one thing that is more addictive than drugs, it is mobile phone.”