Leadership:
"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."
Perseverance:
“Today is hard, tomorrow is harder, but the day after tomorrow is beautiful.”
Failure:
“If you don’t give up, you still have a chance.
Giving up is the greatest failure.”
On fighting eBay’s efforts to enter China:
“EBay may be a shark in the ocean, but I am a crocodile in the Yangtze River.
If we fight in the ocean, we lose.
But if we fight in the river, we win.”
Management Priorities:
“Customer first.
Employees second.
Shareholders third.”
Distraction of rivals:
“Do not focus on your competitors.
Focus on your customers.”
People:
“We’re never in lack of money.
We lack people with dreams who can die for those dreams.”
On China’s internet controls and Western companies involvement:
“Facebook and these companies, if they come here they have to follow the rules and laws.
Google, they left – we did not kick them out.
When you do business in any country you have to follow the rules and laws.”
On philanthropic strategy:
“To do philanthropy well, you need to use commercial means, while bearing a philanthropic heart; don’t use philanthropic means and bear a commercial heart.”
"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."
Perseverance:
“Today is hard, tomorrow is harder, but the day after tomorrow is beautiful.”
Failure:
“If you don’t give up, you still have a chance.
Giving up is the greatest failure.”
On fighting eBay’s efforts to enter China:
“EBay may be a shark in the ocean, but I am a crocodile in the Yangtze River.
If we fight in the ocean, we lose.
But if we fight in the river, we win.”
Management Priorities:
“Customer first.
Employees second.
Shareholders third.”
Distraction of rivals:
“Do not focus on your competitors.
Focus on your customers.”
People:
“We’re never in lack of money.
We lack people with dreams who can die for those dreams.”
On China’s internet controls and Western companies involvement:
“Facebook and these companies, if they come here they have to follow the rules and laws.
Google, they left – we did not kick them out.
When you do business in any country you have to follow the rules and laws.”
On philanthropic strategy:
“To do philanthropy well, you need to use commercial means, while bearing a philanthropic heart; don’t use philanthropic means and bear a commercial heart.”
Jack Ma Yun (Chinese: 马云) is a Chinese business magnate, investor, and philanthropist. He is the co-founder and executive chairman of the Alibaba Group, a multinational technology conglomerate. As of August 2018, he is one of China's richest men with a net worth of US$38.6 billion, as well as one of the wealthiest people in the world. On 10 September 2018 he announced that he will step down as executive chairman of Alibaba Group Holding in the coming year.
Credit:
Bloomberg.com/news/articles/2018-09-09/jack-ma-on-management-why-a-fool-needs-to-lead-smart-people
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