The main reason behind the success of billionaire Jack Ma became the most wealthy in China
In recent Fortune said Jack Ma, founder of e-commerce giant Alibaba has become Individuals who have the most wealth in China, with total assets of approximately US $ 25 billion. The company's progress rapidly under the leadership of Mr. Ma, a poor former teacher has a history of unusual persistence become an important topic for the public, especially business entrepreneurs once curious excavations rooted reasons behind his success. Jack Ma has become a billionaire so much wealth in this time? These questions are interpreted according to the theory of business method is as follows:
Ma trap life of poor teachers toward a bright life
They need to recognize the value the work of Ma previously just a bike guide tourists trekking In towns and teach them to speak only a few. In fact, during a business or entrepreneurship a prestigious place in the heart of the former English teachers already. After all, a businessman who makes Ma learned that Masayoshi Son. Masayoshi Son, founder and current president of Softbank and now he is the richest person in Japan who comes from the same poor family. This is what has prompted Ma depression trap to escape from real poverty.
Ma has a clear vision and get full support
Before he stepped daring decision to open Alibaba anticipate that business in the future the Internet will have the potential to burn across the country and around the world. So he collected his buddy mobilize about 17 people into the capital of 6 thousand dollars to open up once in 1999. The image above has been seen as a potential structure of the group under the leadership of Mr. Ma and it has become a valuable culture of working together to reduce bureaucratic bureaucracy and promoting the responsibility to grow within term.
Ma has high ambitions to expand bigger
From year to year, Alibaba's share capital has increased gradually. However, if Ma does not have ambitions to expand the wrong decision or the company does not get a great achievement so far this. And outside the capital, which he receives in addition to his buddy capital collected from a man other than $ 5 million and borrowing money from Softbank bank owned by his hero, Mr. Masayoshi Son 20 million. Later, in 2004, Genesis had to borrow money from Yahoo worth an additional $ 1 billion and $ 1.6 billion Silver Lake Partners and DST Global in 2011. Do not forget that Alibaba dare borrow considerable because Mr Ma also see that his company will be more Dynamics stronger from year to year and received more income, too.
Ma understood that the major problem creating more opportunities
Meanwhile, the company started the process of doing business like this seems to have become a major obstacle for although Small business is very difficult to lift the other nations that have the most people on a very few prefer to do business online. However, time has confirmed that his long perspective Ma really is true because when Alibaba cabbage e-commerce market share across China, up to 80% of the $ 248 billion US dollars last year. Prices are more than the Amazon price of 2 times.
Ma has a highly innovative and act different from
What they see in general that Ma could earn so much at the moment because of his creativity once . In fact, he also confirmed that the idea is a good thing, but what is better than this That is the practice itself. It's quite obvious that he sees his company's potential in the future, which is why making creative businesses. Apart from this ambition is a lethal weapon that could make him break all obstacles to achieve the aspirations far. Alibaba has stood on the shoulders of giants and learning from their mistakes For Amazon, eBay and Alibaba are giant-sized e-commerce companies alike, but as a result it is not the same. Alibaba does not hold inventory (all forms) or sell goods online, but the company serves as brokers (Middleman) for the collection of service fees paid annual goods and Brokerage Fees (Commissions) from companies and promotions Many small business. As a result, Alibaba become the highest earning model and become the best company on the planet in the 21st century.
The named companies to boost their business successful Ma
Whether the company Apple, Facebook, Google, Microsoft, Uber, One Kings Lane, Fanatics, Starbucks and Whole Foods (Name) and brands (Brands) the same? The answer is quite different duties. Most of the names of these companies set up a mediation (Conjunctions or sometimes), and some created by yourself. Turning to see his name Ma, Alibaba also spent no less, a billionaire This research sought words which sounds simple but can make our customers easy-to-remember name or your company logo . China yesterday rafting Alibaba is a good Feng Shui Ma believes that the company's success as well . At the present time, Mr. Ma is leading the company, worth about 200 billion US dollars after the company's registered and issued equity securities (shares) to the public stock market in New York on Friday week. This has made the company's former English teacher has a size equal to the big Wal-Mart and Amazon and eBay combined. This is a result that Alibaba will start just only for what it is ambitious to expand its market Europe and has already invested over US $ 1 billion .Entrepreneur
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