{"id":4922,"date":"2020-08-31T00:39:21","date_gmt":"2020-08-30T19:09:21","guid":{"rendered":"https:\/\/atuljha.com\/blog\/?p=4922"},"modified":"2020-08-31T00:39:21","modified_gmt":"2020-08-30T19:09:21","slug":"alibabas-world","status":"publish","type":"post","link":"https:\/\/atuljha.com\/blog\/2020\/08\/31\/alibabas-world\/","title":{"rendered":"Alibaba&#8217;s world!"},"content":{"rendered":"\n<p>I spent time reading the book title: Alibaba&#8217;s world, written by an early employee, ex-pat. The scale at which Alibaba operates is phenomenal. Its contribution to China&#8217;s economy is noteworthy. <\/p>\n\n\n\n<p>What fascinated me most about Alibaba is connecting the villages, small-time creators sell goods while staying and working at their remote hometown.  The work and economic activity are not limited to a few cities but across the country. As a small business owner, you can manage your living standard while working from your native instead of becoming an alien in a metro. <\/p>\n\n\n\n<p>Another part I liked about is Jack Ma&#8217;s leadership, believing in people above pedigree. Having self-belief and fostering it across the organization and, listening to customers, working closely with them aligning with solving there pain point.<\/p>\n\n\n\n<p>We don&#8217;t get to hear about eBay&#8217;s disaster in China or Yahoo China acquisition by Alibaba much in western media. <\/p>\n\n\n\n<p>The last chapter accumulates 40 such learning. I am adding the simple ones I could resonate with:<\/p>\n\n\n\n<p>On chasing a dream<\/p>\n\n\n\n<ul><li>Dream Big.<\/li><li>Never underestimate yourself.<\/li><li>Never overestimate your competitor.<\/li><li>Build a company to last.<\/li><li>The bigger the problem, the greater the opportunity.<\/li><li>Today is tough but the day after tomorrow is beautiful.<\/li><\/ul>\n\n\n\n<p>On strategy<\/p>\n\n\n\n<ul><li>Focus on the customer and the rest will follow.<\/li><li>Learn from your competitors but never copy them<\/li><li>Be fast as a rabbit but patient as a turtle.<\/li><li>It is more important to be the best than to be fast.<\/li><li>Free is sometimes a business model.<\/li><li>Find opportunities in the crisis.<\/li><li>Use your competitor&#8217;s strength against it.<\/li><\/ul>\n\n\n\n<p>On entrepreneurship<\/p>\n\n\n\n<ul><li>Do not complain about problems, solve them.<\/li><li>Don&#8217;t dwell on mistakes.<\/li><li>Embrace, do not skip taking tough decisions.<\/li><li>Have the team work for the goal, not the boss.<\/li><li>Don&#8217;t let it get personal.<\/li><\/ul>\n\n\n\n<p>On Team<\/p>\n\n\n\n<ul><li>Assemble a team, not a collection of all-stars.<\/li><li>Spread the wealth.<\/li><li>Action speaks louder than words.<\/li><li>Honor and respect the work of people who came before you.<\/li><\/ul>\n\n\n\n<p>On Chinese Government<\/p>\n\n\n\n<ul><li>Love the government but don&#8217;t marry it.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>I spent time reading the book title: Alibaba&#8217;s world, written by an early employee, ex-pat. The scale at which Alibaba operates is phenomenal. Its contribution to China&#8217;s economy is noteworthy. What fascinated me most about Alibaba is connecting the villages, small-time creators sell goods while staying and working at their remote hometown. The work and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/atuljha.com\/blog\/2020\/08\/31\/alibabas-world\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Alibaba&#8217;s world!&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[249,121],"tags":[971],"_links":{"self":[{"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/posts\/4922"}],"collection":[{"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/comments?post=4922"}],"version-history":[{"count":1,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/posts\/4922\/revisions"}],"predecessor-version":[{"id":4923,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/posts\/4922\/revisions\/4923"}],"wp:attachment":[{"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/media?parent=4922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/categories?post=4922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/atuljha.com\/blog\/wp-json\/wp\/v2\/tags?post=4922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}