Why Did Ma Yun Succeed? 7 Reasons Contributed To Today'S Alibaba Business Empire.

Since listing, Ma Yun has become a model of success in business. Ma Yun's business empire is huge, but in the final analysis, no success has been bestowed by God. Once Ma Yun was also an entrepreneur, and also from the very foundation, then why did Ma Yun succeed?

Ma Yun's road to success is like a fairy tale.

Although he has exceptional talent in language learning, his poor performance in mathematics has also cost him a lot.

Because of the super low scores in mathematics examination, he failed in the college entrance examination for two consecutive years.

He once applied for examination as a policeman but ended up in failure. He once applied for the Harvard University and still failed. He once applied for a job in KFC, and, as expected, failed.

But it was these many failures that made Ma ready and eventually became one of the most successful entrepreneurs in this era.

Ma Yun's

IPO has been completed at the New York stock exchange, raising $25 billion, and the company's valuation is also close to $200 billion.

Forbes's data show that Ma Yun's personal assets are close to $20 billion.

In a recent interview, Ma shared his 7 ways of achieving success.

After 1. failures, he still does not give up.

After I graduated from University, I applied for 30 jobs, but all of them were rejected.

I once thought about being a policeman, but the interviewee said I wasn't good enough. At that time, 5 people interviewed, and they accepted 4 people. I was the only one to be rejected.

When KFC first entered China, I went to the interview. There were 24 people interviewed. They accepted 23, and I was the only one to be refused.

I also applied to Harvard University 10 times, but I was rejected.

2. learn new skills by subverting traditional ways.

When I was 12 years old, I fell in love with learning languages.

At that time, I couldn't find too many books to learn English.

So I often go to Shangri-La Hotel in Hangzhou, where there are many foreign guests.

I offer free tour guide services to these foreigners every morning, and let them teach me to speak English. I kept on doing this for 9 years.

I am a 100% Chinese, but those foreign tourists have opened my mind, and everything they told me is very different from what I learned in Chinese schools and my parents.

3. he believes that trust is more important than everything.

Over the past 14 years, what we have done has come from the trust system.

People today lack trust in each other. The government, the people and the media are all thinking, "this man is lying."

However, it is precisely because of e-commerce, we now deal 60 million times a day.

People on the e-commerce platform do not know each other, but the relationship between them and goods is entirely due to trust.

Trust is playing 60 million roles every day.

4. he assumed the responsibility of the leader.

I have negotiated with banks, but no bank wants to do so.

If I launch a payment system, it will break the existing system.

Law, unless you get a license first.

If I do not, e-commerce will not continue to develop.

If the government doesn't like this and send someone to prison, send Ma Yun to prison.

Because the online payment system is so important for China and the world, it will build up a trust system.

Many people have told me that Alipay is the stupidest thing I have ever heard.

But I don't care if it is stupid, as long as someone uses it.

Today, 800 million people are using Alipay.

5. even though he is called a madman, he still moves on.

In the 1999 and 2000 periods of YAHOO, people said Ma Yun was a madman.

What he is doing is something that others do not understand.

Many people say that venture capital gives me money because I follow the American model.

In Alibaba, however, we are not.

I remember when time magazine first reported on me, they called me Crazy Jack.

But I think crazy is good, we are crazy, but not stupid.

In other words, if someone had agreed with us and believed that our ideas were excellent, we might not have had the chance to achieve today's success.

6. he believed that balance is virtue.

Tai Chi is a philosophy consisting of one Yin and one Yang.

Its theme is balance.

People say I'm competing with eBay, but I don't think so.

I am not competing with them, but I am applying the philosophy of Tai Chi to commerce: calm down, you can always find an outlet.

To keep their balance, competition is very interesting. Shopping malls are not exactly the same as battlefields.

Even if you kill me, I won't be able to win.

Tai Chi gave me a lot of inspiration.

7. he employs many female employees.

One of the secrets of Alibaba's success is that we have many female employees, accounting for about 47% of the total number of employees.

Of all senior managers, 33% were women; 24% of the top executives were women.

I feel very comfortable working with them.

In this world, if you want to succeed in twenty-first Century, women will play a very important role.

I find that women are more willing to think about others than themselves.

And they are more friendly to users.