Ma Yun (1964. 9.10. ~ )

A Chinese entrepreneur.

He is the founder of Alibaba Group, the first and largest online e-commerce platform company in China. He served as the company's first chairman and CEO, and stepped down as CEO in 2013 to focus on his role as chairman. After announcing his retirement from management in 2019, he transitioned to the position of honorary chairman of Alibaba Group. In the Chinese IT industry, he is one of the top two figures alongside Ma Huateng, the chairman of Tencent, and is the first Chinese businessman to be featured on the cover of Forbes magazine. He is widely known in the Western world by his English name, "Jack Ma." Alibaba Express is also well-known in South Korea.

Starting with online retail e-commerce through the founding of Alibaba Group, he relentlessly expanded his business into various areas, including fintech electronic payment services and cloud computing in the SaaS field, announcing a series of technological visions and management strategies, such as "cashless QR code electronic payments," "new distribution strategy that erases the boundaries between online and offline," and "declaration of the beginning of the data technology era," leading to his recognition as one of the top innovators driving the 21st-century technological revolution. However, during the process of growing Ant Group (Ant Financial), a fintech company that engages in credit management and lending businesses based on customer big data, he faced a head-on collision with Chinese financial and economic authorities, who were wary of private sector-led restructuring of the banking industry. Ultimately, under pressure from the Chinese government, he was forced to step down from the management of Alibaba Group.

For several months after that, he disappeared from public view, sparking rumors about the price he was paying for falling out of favor with the Chinese government. After reappearing, he shifted his focus from management to lectures. Around mid-2023, he was invited as a visiting professor at the University of Tokyo, and after Alibaba Group's management was replaced with close associates, he convened a board meeting, attracting attention to the possibility of his return to management. Many believe he has essentially returned to management.

Don't work with poor people!

"The hardest people to work with in the world are poor people.

If you give them freedom, they say it's a trap. If you ask them to start a small business, they say they won't make much money. If you ask them to start a big business, they say they don't have the money.

If you ask them to try something new, they say they don't have experience. If you ask them to do a traditional business, they say it's a red ocean and difficult. If you ask them to do a new and innovative business, they say it's a pyramid scheme. If you ask them to run a store together, they say they don't have the freedom. If you ask them to start a new business, they say they are not professionals.

They all have one thing in common.

They love to search on Google or portals and love to listen to the opinions of hopeless friends.

They think more than university professors but act less than blind people who can't see ahead.

If you ask them what they can do, they won't be able to answer.

My conclusion is simple.

Act faster than your racing heart, and just do something instead of thinking.

Poor people fail because of one common behavior.

Their lives end with waiting.

So ask yourself.

Are you poor?

If you keep putting off starting with excuses, you will never escape poverty.

Stop thinking and act on what comes to mind right now. Remember that execution is the only way to lead you to success."