Tuesday, May 26, 2015

Jack ma's pearls of wisdom !!

Jack Ma, the down-to-earth e-tailer ..

Jack Ma is the Messiah of modern day e-tailing. 

From being a school teacher in english to be one of the greatest names in e-retailing of the modern world is indeed a great and envious journey. Having the vision, grit and determination to start www.alibaba.com from scratch and make it the world's largest e-retailer, three times the revenues of Amazon and Ebay combined, Jack is a global name everyone takes note of !!

Jack's famous quotes, simple, original and  thoughtful. These are great resources to entrepreneurs : (credits www.yourstory.com)

Here is a Wall Street Journal writeup on Alibaba ..

1. You need the right people with you, not the best people
The best people cost you loads of money and their contributions can be limited. Keep the right people with you !!
2. We’re never in lack of money. We lack people with dreams, (people) who can die for those dreams

Brings the reality of dreams driving humanity forward.

3. I call myself a blind man riding on a blind tiger

Go to places where fate take you !

4. Never ever compete on prices, instead compete on services and innovation.

Competing on prices is a thing of the past. How can you give more value to the customer by way of service and innovative features, uses etc. is what matters ..

5. Instead of learning from other people’s success, learn from their mistakes. Most of the people who fail share common reasons(to fail) whereas success can be attributed to various different kinds of reasons

Successes bring only the wow factor, failures are what drives us forward and see they do not recur at least in our case.

6. Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine

Be positive, there is always a silver lining behind every dark cloud.

7. Help young people. Help small guys. Because small guys will be big. Young people will have the seeds you bury in their minds, and when they grow up, they will change the world.

Young people are the future and hope of the world. Small guys are the people who can grow big. Plant the right seeds in them.

8. I try to make myself happy because I know that if I’m not happy, my colleagues are not happy and my shareholders are not happy and my customers are not happy.

If I am unhappy how can I ensure my customers are happy ? 

9. If you’ve never tried, how will you ever know if there’s any chance

Very true .. 

10. If you don’t give up, you still have a chance. Giving up is the greatest failure.

Keep trying till you succeed ..

11. I don’t want people (in China) to have deep pockets but shallow minds.

Be ready to embrace new thought and culture.

12. You never know how much can you do in your life

Be positive of the infinite possibilities of the hum,an mind.

13. You never know that the things you’re doing are that meaningful to society.

Keep doing, one day the society will thank you for that.

14. You’ve to make consumers smart. An e-commerce portal doesn’t sell a product at cheaper rates, instead an offline shop sells it at a costlier prices.

Add value for the customer..!

15. You’ve got to make your team have value, innovation, and vision.

Let value and innovation be the guiding lights of your actions !

16. When you are small, you have to be very focused and rely on your brain, not your strength.

Agility and shar responses are what matter. Try to be small at all time.. Size brings lethargy.

17. Today, making money is very simple. But making sustainable money while being responsible to the society and improving the world is very difficult.

Be a responsible citizen taking care of your fellow beings and society is important.

18. If we are a good team and know what we want to do, one of us can defeat ten of them.

Being focused and purposeful is the key to success.

19. A leader should have higher grit and tenacity, and be able to endure what the employees can’t.

Leadership is all about how long one is able to hold on in times of adversities.

20.  No matter how tough the chase is, you should always have the dream you saw on the first day. It’ll keep you motivated and rescue you (from any weak thoughts).

Stay focused and don't entertain negative thoughts ....

21. You should learn from your competitor, but never copy. Copy and you die.

Learn but never ape.

22. It doesn’t matter if I failed. At least I passed the concept on to others. Even if I don’t succeed, someone will succeed.

Do not be short sighted !

23. Intelligent people need a fool to lead them. When the team’s all a bunch of scientists, it is best to have a peasant lead the way. His way of thinking is different. It’s easier to win if you have people seeing things from different perspectives

Variety and heterogeneity matters.

24. If the customer loves you, the government will have to love you

After all govt is for the people. The govt cannot stop you ..

25. Never ever do business with the government. Be in love with them, never marry them

You know the real scoundrels..

26. When we have money, we start making mistakes.

Aim to serve, not make money !

27. We should never finish a 20 year program in two year.

Haste brings waste ..

28. It’s very difficult to know the outside world, but you know yourself. You know your need and what you want. If I know myself better, I can change myself to meet the outside world.

Understand your self first ..

29. We appreciate yesterday, but we’re looking for a better tomorrow.

Future holds the promise..

30. Without internet, there would have been no Jack Ma, and no Alibaba or Taobao.

It is the new media to take the world forward ..

31. Life is so short, so beautiful. Don’t be so serious about work. Enjoy the lives.

Take a break at times..

32. Opportunity lies in the place where the complaints are.

Never consider complaints are a pain, they are the real blessings for improvement.


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