How does Ma Yun spend his low life?

1995 Four years before Alibaba was founded, Ma Yun, an English teacher at Hangzhou Normal University, went to Seattle, USA, and got in touch with the Internet for the first time. In China, the public's understanding of the Internet is almost blank. The young man who is good at seizing opportunities has made a bold decision: to do this in the future.

After returning home, Ma Yun invited 24 friends to his home and said that he was going to resign from the university and join the Internet. It took him two hours to convince everyone. Then a vote was taken and 23 people opposed it. But he didn't give up, riding an old bicycle across the street, peddling his views everywhere and raising start-up funds.

However, he faced four loan failures and more than 20 overseas financing rejections. There are still gains, and setbacks have closely United 17 young people who share the same entrepreneurial passion with him.

1In the autumn of 999, 18 fellow travelers gathered at Ma Yun's home in the west of Hangzhou. "Everyone has how much money, but you have to stay 10 months for dinner. Don't ask your parents for money. It's too much to borrow money from your parents and take away their retirement wages tomorrow. "

18 people raised 500 thousand, with an average of more than 20 thousand each. At that time, 35-year-old Ma Yun was considered to have more savings and spent tens of thousands more. Speaking of lack of money at that time, Ma Yun said such a sentence.

They don't usually take a taxi, but they always have something to bring, so Ma Yun and his two companions made up their minds to take a taxi. A car came and thought it was Li Xia. Three people waved, but a Santana stopped, so the three people turned their heads uniformly.

"Santana's starting price is higher than Li Xiagui. At that time, we had no money, and we had to save a penny. " Nevertheless, Alibaba has been a "world-oriented" company from the beginning. At the time of opening, Ma Yun took the team and swore in the autumn wind: "We must build a company that will attract the attention of the world and make China people proud."

There are also differences at the beginning of starting a business: serving large enterprises, running relationships, and getting money quickly; Serving small businesses is rejected everywhere, and there seems to be no business model.

In what direction should e-commerce go, and how should enterprises survive? After several years of entrepreneurship, Ma Yun stood at the crossroads of choice. The ultimate positioning is to be a service provider for small and micro enterprises.

"In retrospect, we were lucky." Ma Yun said. From the beginning, almost all the important meetings of Alibaba were recorded and videotaped for future reference. It's like entrepreneurs know how successful this company will be, and even leave it as a phenomenon for future generations to study.

"No company in the world has done this, and many people are envious." Ma Yun said. The story of Alibaba's name is now familiar. At the beginning of his business, he wanted to give the future company a global name. In San Francisco, Ma Yun asked the waiter at dinner: "Do you know Alibaba?"

The waitress said: Of course, Alibaba open sesame. Ma Yun went to Singapore and asked people in the street if Alibaba was a world-famous name. Finally there is today's Alibaba.

Extended data:

In September 2009, Alibaba's second decade began. Ma Yun made a decision to be a "Alibaba Cloud" and to transform from an e-commerce company to a data company through the construction of cloud computing and big data.

At that time, cloud computing was still in the laboratory, and almost no one in the world mentioned big data. Because of Ma Yun's stubbornness-"I must insist on this matter, no matter what", Alibaba Cloud is the stupidest and most determined-billions are invested every year.

/kloc-more than 0/000 top engineers are working around the clock to develop autonomous and controllable basic systems. At that time, other big domestic companies also wanted to do it, but the CEO with technical background found it too difficult and expensive to play.

Alibaba Cloud, who was forced to do it by Ma Yun, didn't expect to do it five years later. Five years later, in June165438+1October 1 1, Tmall's "daily turnover" was 65438+88 million, and with the support of Alibaba Cloud, it realized zero missing orders and zero failure.

People's Daily Online-The Story of Ma Yun and Alibaba: The Dreamcatcher of the Chinese Dream