Jack Ma interview on Business Strategy - Alibaba CEO Speech 2015 HD 馬雲
Summary
TLDRJack Ma believes that business is not a battlefield or competition to be won; rather, it is most rewarding when you focus on understanding people's needs and feelings. He emphasizes the importance of empowering others, meeting market demands quickly, and building companies focused on longevity rather than short-term gains. Ma also discusses the value he places on women leaders, believing they tend to be more selfless and considerate of others' wellbeing, which he sees as an asset. Ultimately, he conveys that business success stems from hard work, adaptability, and contributing to society.
Takeaways
- 😊 Business is not a battlefield, it's better if it's fun and you learn from others' successes
- 😮 Good businesses take time to build, look for opportunities where there are complaints and trouble
- 👍 In the 21st century, small and agile businesses have advantage over big ones
- 💰 Money beyond personal needs belongs to and should benefit society
- 🤝 You have to connect with consumers directly and serve them
- 🚀 China has difficult present but beautiful future if people work hard
- 👩💼 Alibaba succeeds partly because it empowers women who care about others
- ✨ Empower others to be better than you, then you will succeed
- 🙇♀️ Women think more about others like family than men do
- 😥 Most people give up too easily instead of working hard
Q & A
What does Jack Ma believe is the key to business success?
-Jack Ma believes that the key to business success is understanding people and learning how they feel and think. He says that if you understand how people feel, you will benefit greatly in business.
Why does Jack Ma say good business takes time to build?
-Jack Ma says good business takes time to build because you need to lay a solid foundation that will sustain the company for the long term, not just short term gains.
Where does Jack Ma believe opportunities can be found?
-Jack Ma believes opportunities can be found where there are complaints, troubles, and challenges. He sees these areas as prime for innovation and problem solving.
How does Jack Ma view money and wealth?
-Jack Ma believes money he earns does not belong to him personally but rather to society. He sees his wealth as resources to help others once it moves beyond his personal needs.
What is Jack Ma's perspective on the role of women in business success?
-Jack Ma credits empowering women as a secret to Alibaba's success. He believes women are more likely to think of others and are essential to business.
What does Jack Ma believe is most important in the 21st century business landscape?
-Jack Ma believes adaptability and the ability to change quickly is most important to meet ever-changing market demands in the 21st century.
Why does Jack Ma say tomorrow will be much more difficult for Chinese businesses?
-Jack Ma believes Chinese businesses will face more intense competition and difficulty sustaining success. However, he sees opportunities for growth thereafter.
How does Jack Ma compare business success to a battlefield?
-Jack Ma rejects the notion that business is like a battlefield where competitors must lose for you to win. He believes everyone can benefit through cooperation and learning.
What does Jack Ma believe is the danger of buying an existing business?
-Jack Ma warns that buying an existing successful business can be risky if its short term gains paper over deeper foundational problems.
Why does Jack Ma believe small businesses have an advantage today?
-Jack Ma argues that in the digital age, smaller companies can leverage technology to be fast, adaptable, and innovative compared to larger bureaucratic organizations.
Outlines
😊 Business is a journey, not a battlefield
Paragraph 1 discusses how business should be viewed as a collaborative journey rather than a competitive battlefield. It emphasizes learning from others' successes, understanding people's motivations, and taking a long-term perspective when building a business.
😎 Focus on creating value, not accumulating money
Paragraph 2 talks about how as an entrepreneur, the money earned should be viewed as capital to create value for society rather than for personal gain. It advocates connecting with consumers directly and working hard to serve them.
Mindmap
Keywords
💡business
💡opportunity
💡customers
💡change
💡women
💡money
💡future
💡consumers
💡hard work
💡empower
Highlights
Business is not a battlefield where you die or I win
It's better and more fun if you want to learn how other people succeed
If you learn how people feel you will benefit a lot
I don't worry about Alibaba's business for the next 3 years, I worry about 10 years later
Good business takes time to build
Opportunity is where the complaints are, where the trouble is
In the 21st century, small is beautiful because speed is less important than adaptability
The money I have belongs to society, not me
You have to contact consumers yourself, sell yourself, serve yourself - that's real business
China today is difficult, tomorrow is more difficult, but the day after tomorrow is beautiful
One secret of Alibaba's success is empowering women
Women think about others more than themselves
Making sure other people are better than you will make you successful
Most people die tomorrow evening if you don't work hard
Empower others, make sure they are better than you, and you will be successful
Transcripts
business is is a compet competition is a
fun business is not a battlefield you
you die or I win business even if you
die I not win right so it's about it's
better
fun if you want to learn how the people
the other people succeed it's very
difficult there are a lot of Lucky
things out there but if you want to
learn if you learn how people feel you
will benefit a lot and I always like to
read those books talking about how
people
feel because look if you look into it
any company that feel the reasons why
they feel almost the same and that
really
matters I don't worry about today
Alibaba business I don't worry about
nextra three years because whatever we
have done today we we've been working
for 15 years for for today and next 3
years but what I worry about is 10 years
later what we we should
do if you buy a business and and the
business you bought in and succeed next
year there may be something wrong with
your business good business takes time
to
build where the opportunity is is where
the complaints are where the trouble
where is the opportunity and I
last
century it's big as better you have a
big you know Factory big amount and you
know everything's big it's good this
Century in the 21st century I always
believe small is beautiful because it's
not how fast your machine is it's not
how many equipments you have it is how
quickly you can change yourself to meet
the
market
I never thought the money I have belongs
to me it belongs to the society when you
have a couple of million you're a rich
guy we have 10 20 million it's a capital
we have over 100 million that's the
social res resources no I don't think I
can I can spend I can sleep one bed I
can only three dinners I mean that's
that's you have to contact the consumers
yourself you have to sell yourself Serve
Yourself then and this is a real
business otherwise it's just a
workshop China today is difficult and
tomorrow is much more difficult but the
day after tomorrow is beautiful most
people die tomorrow evening if you don't
work
hard about women one of the secret
source for Alibaba success is that we
have a lot of women Empower others
making sure the other people better than
you are then you will be successful so I
find that women they think about the
others more than they think about
themselves women think about the kids
husband parents much more than the
man
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