In the beginning I just wanted to survive. For the first three years, we made zero revenue. I remember many times when I was trying to pay up, the restaurant owner would say, 'Your bill was paid.' And there would be a note saying, 'Mr. Ma, I'm your customer on the Alibaba platform. I made a lot of money, and I know you don't, so I paid the bill.'
Interpretation
Initial struggles can lead to eventual success, and support can come from unexpected places.
This quote by Jack Ma reflects on the challenges he faced in the early days of his entrepreneurial journey, where he struggled to generate revenue for his business. It emphasizes the importance of perseverance in the face of adversity and highlights the kindness and support from customers who believed in him, illustrating that success can come from community and goodwill.
In practice
In a motivational speech about overcoming hardships in business.
Hong Kong people say Hong Kong needs to preserve its uniqueness. I say Hong Kong's uniqueness is in its diversity, its tolerance of difference cultures... China does not want to see Hong Kong in decline. I have full confidence in its future.
If we are a good team and know what we want to do, one of us can defeat tons of them.
It's not that other countries steal jobs from you guys. It's your strategy. Distribute the money and things in a proper way.
Helping doing business easier, we choose the name Alibaba because it is a global company. It is founded in China, but it was created for the world.
Even if your competitor is still small in size or weak, you should take him seriously and treat him as a giant. Likewise, even if your competitor is massive in size, you shouldn't regard yourself as a weakling.
A leader should have higher endurance and ability to accept and embrace failure.
Many companies aspire to change the world. But very few have all the elements required: talent, resources and perseverance. Microsoft has proven that it has all three in abundance.
Stop looking for the 'right' career, and start looking for a job. Any job. Forget about what you like. Focus on what's available. Get yourself hired. Show up early. Stay late. Volunteer for the scut work. Become indispensable. You can always quit later, and be no worse off than you are today.
The ability to work hard for days on end without losing focus is a talent. The ability to keep absorbing new information after many hours of study is a talent.
Sometimes I worry about being a success in a mediocre world.
I had a very ordinary background in Sheffield; I went to a secondary modern, but I saw something on TV in 1968 that inspired me to join an athletics club, and 12 years later, with great coaching and the support of people who loved me a lot, I ended up at an Olympic Games.
We tell ourselves that skill is the precious resource and effort is the commodity. It's the other way around. Effort can trump ability-relentl ess effort is in fact something rarer than the ability to engage in some finely tuned act of motor coordination.
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