Lesson 44. Alibaba
I have just finished reading Alibaba: The house that Jack Ma built by Duncan Clark. This is a brilliant book in the way the author presents the journey of Alibaba from Jack's small apartment to a billion dollar company, many of us have heard of Alibaba recently during the IPO but this book reminds us that success is as a result of hard work, perseverance, sacrifices and most of all loving what you are doing or learning to do. We see the influence that Jack Ma has established to move the company forward with the Jack Magic effect, something similar to Steve Jobs reality distortion field effect. One thing that I really loved was the clear outline of the growth of internet companies in mainland China, and a key lesson can be learned on how big tech companies in China have been able to replicate similar services and technology offerings of major players in the industry by tailoring this to Chinese market, eg Google- Baidu eBay- Eachnet Amazon-JD.com/Alibaba ...