Wednesday, November 18, 2015

OBSERVANT - Jack Ma

Observant is a skill that is good of notice thing, follow rules and requirements of particular religion. Jack Ma or Ma Yun is a one of the observant and successful entrepreneur in the world. Jack has shows his observant behind his road to success. When Ma is still young, he failed entrance exam three times, but he never give up. Finally, he graduated in 1988 with a bachelor degree in English in Hangzhou Teacher’s Institute and become a school teacher.

How can a school english teacher became a successful entrepreneur in the world. This is because of his observant and attitude wanna to change the world. Ma heard about internet at 1994 when he is in United States. He realized no have any general information about China. So, Ma decide to introduce this technology to China. He started building websites for Chinese companies with the help of friends in the US. In 1995, Ma and his wife and a friend collect twenty thousand dollars and started an internet company “China Yellow Pages”. In this case, Ma create something creative enough, crazy enough to put himself out there with something no one’s ever heard of. He said “the day we got connected to the web, I invited friends and TV people over to my house.” All of his attitude proven him as a observant entrepreneur.

In 1999, Ma decided to found Alibaba in his apartment with his team a group of 17 friends. Further more, he wanted to improve the global e-commerce and from 2003 he founded Taobao, Marketplace, Alipay, AliMaMa and Lynx. After rapid rise of Taobao, Ebay offered to purchase the company but reject by Ma Yun. As a observant, Ma look at how his competition is setup, look for the gaps, in their product or service, and look for their weaknesses. This is the reason of Ma Yun become richer than Pierre Omidyar (founder of Ebay).



Jack Ma now became the chairman of Alibaba group which consist of nine major subsidiaries, Alibaba.com, Taobao, Marketplace, Tmall, eTao, Alibaba Cloud Computing, Juhuasuan, 1688.com, Ali Express.com and Alipay. In Alibaba group, Jack Ma achieve a one-stop service on internet and this is what an observant person should do to achieve their successful.

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