Thursday, January 29, 2015
Monday, January 26, 2015
Jack Ma Davos: I was rejected by Harvard 10 times & 15 of the best quotes from Jack Ma’s interview at Davos
15 of the best quotes from Jack Ma’s interview at Davos
11:28 pm on Jan 23, 2015
Alibaba founder and chairman Jack Ma returned to Davos today for the
first time in years for a chat. Interviewed by CBS’s Charlie Rose, Ma –
chatty and eminently quotable as ever – talked about his early days as
an entrepreneur, the origins of Alibaba, and some more contemporary
issues as well.
Here are 15 of his best quotes:
Ma returned to many of his favorite themes, such as how the
marketplace model that Alibaba uses with its many estores can enable
small companies and merchants to do business online. He expects
ecommerce to be totally mainstream soon so that the word doesn’t need to
This is how he described Alibaba’s record-breaking IPO in which the company raised about US$21.8 billion.
He talked about rejection and early failures with school tests and
finding his first job – including one as a server at a branch of KFC in
his hometown, Hangzhou:
Ma emphasized the early challenges of building trust in ecommerce,
especially in China. “How can you do things online unless you trust?” he
asked. He then illustrated that by saying…
He said that a government could never create ecommerce, but he still
feels “responsibility” to educate the government about how ecommerce can
benefit people. Despite that, he’s not too keen on being called upon by
On the topic of privacy and security, he said that Alibaba has not
yet been in the position of handing over user data to the Chinese
government. But Ma said he would cooperate if it related to national
security, anti-terrorism, or a specific crime. Focusing on privacy, Ma
added that he’s “fully confident” of a breakthrough in web privacy and
security “in the next 10 to 15 years,” saying: “Today we may not have
the solutions, we do not have the answers. But I believe our young
people have the solutions.”
Then he launched into talking about Alibaba then and now, referencing the time that TIME magazine descibed him as crazy…
Rose then asked Ma about tai chi, the martial art that he practices. He used the art to draw a comparison with doing business.
Ma said that he started out trying to change the world but then later
realized that it’s people who need to change so as to effect change.
Ma then delved into some stats, saying that 47 percent of Alibaba’s
employees are women; 33 percent of management are women; and 24 percent
of senior management are women. He explained that women think about
others more, so they’re crucial to a good business.
Ma and Rose ended the chat on the subject of China’s slowing GDP
growth. The double-digit growth has now given way to about seven percent
expansion, and Chinese Prime Minister Li Keqiang recently embraced this
by saying that China’s economy is entering a “new normal”
of slower but healthier growth. Ma agreed that it’s more sustainable,
particularly with regard China’s environment, hinting at environmental
concerns he has expressed numerous times over the past few years.
The full session runs to 45 minutes. The embed code isn’t working well, so go check out the video here.
Posted by ECGMA at 1:39 PM
Wednesday, January 7, 2015
How to make money with the straight line sales method devised by wolf of wall street Jordan Belfort. Make big money by selling big ticket items with this sales training technique. It is said to be the most effective sales closing method in the world
Posted by ECGMA at 4:17 PM
The Real Wolf of Wall Street
Straight Line Persuasion
Posted by ECGMA at 4:05 PM
Bill Brooks Founder and CEO of The Brooks Group gave a public presentation on this topic at the historical Carolina Theater in downtown Greensboro. Bill speaks about the strategies and mindset of how great salespeople make themselves great.
Posted by ECGMA at 3:58 PM
Posted by ECGMA at 3:46 PM