Thursday, 20 April 2017

How Alibaba's Jack Ma Became the Richest Man in China

(White) Hedge bindweed, purple loosestrife

How Alibaba's Jack Ma Became the Richest Man in China
Steve Tobak

English teacher and Internet entrepreneur Jack Ma founded Alibaba 15 years ago
in his tiny apartment in Hanzhou, China. On Friday, Ma became the richest man in China
on the heels of the biggest IPO in U.S. and possibly world history.
With a market cap of $231 billion, the online retailer is nearly as valuable as Wal-Mart
and bigger than Amazon and eBay combined.
And this is just the beginning. Alibaba plans to expand aggressively in America and Europe
and has already invested nearly $1 billion in a host of U.S.-based startups, including Uber,
Lyft, ShopRunner, Fanatics, Tango and Kabam.    
Every current and aspiring entrepreneur and business leader should learn from
how a Chinese English teacher turned a vision, a group of friends
and $60,000 into untold riches and the world's most valuable Internet commerce company.
It will no doubt be studied in business schools for generations.

Start here, go anywhere. Recognizing the importance of English, young Ma would ride his bike
to a nearby hotel and guide foreigners around the city just to learn and practice the language.
His passion for entrepreneurship in many ways parallels Masayoshi Son who grew up poor, followed his dream to Silicon Valley and graduated from U.C. Berkeley before founding Softbank. As chairman of Softbank and Sprint, Son is now the richest man in Japan.
He had vision … and he had help. Ma saw the Internet’s enormous potential to bridge businesses across China’s huge population early on. 
So he and his wife brought 17 friends together and pooled $60,000 to start the company. 
That formed the basis for the company’s dynamic partnership structure and unique culture 
designed to drive collaboration, diminish bureaucracy 
and promote accountability for long-term growth.   

Go big or go home. Even if crowdfunding existed when Alibaba was founded, I doubt if Ma
would have gone that route. He’s simply not a “dip your toe in the water” kind of guy.
Instead he and his friends went all in, raising a $5 million angel round, $20 million from Softbank
in 2000, $1 billion from Yahoo five years later, and $1.6 billion from Silver Lake Partners
and DST Global in 2011. That’s how you make it big.   
Big problems lead to big opportunities. China’s lack of brick and mortar infrastructure
has always been an insurmountable hurdle for the enormous nation’s small business merchants. Alibaba solved that and now accounts for 80% of the country’s ecommerce –
a whopping $248 billion last year and more than twice that of Amazon.

Innovation comes from unique individuals who think and act differently. 
Everyone talks about changing the world and making tons of money these days,
but those who actually do it are exceptional individuals with breakthrough ideas,
uncommon vision and a passion to do great work. Disruptive innovation comes from people
who break from the status quo and carve their own path.

Stand on the shoulders of giants ... but learn from their mistakes. Like Amazon and eBay,
Alibaba is an Internet commerce company, but that’s where the similarity ends.
Alibaba does not actually hold inventory or sell goods. It’s a middleman that collects annual fees and commissions from larger merchants and advertising fees from smaller ones.
The result is one of the most scalable and profitable business models on Earth.

What’s in a name? Less than you think. Apple. Facebook. Google. Microsoft. Uber.
One Kings Lane. Fanatics. Starbucks. Whole Foods. What do the names and brands of all these companies have in common? Absolutely nothing. Some are conjunctions or made-up words.
Others are common words or phrases. There’s even a fruit. It’s what your business
does for customers that counts … not your name or personal brand.
Jack Ma was sitting in a San Francisco coffee shop when he thought of how Ali Baba 
overheard the secret password of The 40 Thieves -- “open sesame” -- and unlocked untold riches.
It resonated with his vision of unlocking the potential of China’s small and midsized merchants. Now you know the secret of how he accomplished his dream.  

https://www.entrepreneur.com/article/237692  September 23, 2014

Turbo Charged Reading: Read fast>>>Read fast>>>Remember all>>>Years later
Contact M’reen at: read@turbochargedreading.com

You can TCR software and engineering manuals for spontaneous recall – or pass that exam.
I can Turbo Charge Read a novel 6-7 times faster and remember what I’ve read.
I can TCR an instructional/academic book around 20 times faster and remember what I’ve read.
Introduction to Turbo Charged Reading YouTube
A practical overview of Turbo Charged Reading YouTube  
How to choose a book. A Turbo Charged Reading YouTube
Emotions when Turbo Charged Reading YouTube

Advanced Reading Skills Perhaps you’d like to join my FaceBook group ?

Perhaps you’d like to check out my sister blogs:
All aspects of regular, each-word reading and education.
Turbo Charged Reading uses these skills significantly faster
www.innermindworking.blogspot.com         gives many ways for you to work with the stresses of life

To quote the Dr Seuss himself, “The more that you read, the more things you will know.
The more that you learn; the more places you'll go.”

Friday, 14 April 2017

Do You Know How Imperative Your Reputation Is?

  Scabious

Do You Know How Imperative Your Reputation Is?
Jaz 

For a long time, Google has been very aware that a business’ reputation was a major factor
in how their business should rank. However, it wasn’t until relatively recently that they were
able to accurately incorporate reputation into their algorithm in terms of how websites rank.
If you haven’t been taking enough time to manage your reputation, it could impact how well your website ranks in very short order. Do you know what your customers think about your company?

Why Google Wants to Know About Your Reputation
The point of the Google algorithm is to put websites that are working hard
to be there for their customers at the top of the ranks when a search is performed.
It isn’t just about having the right keywords, or even the right length of content.
It is about having precisely what your customers’ need, when they need it. You need to be able
to show that you can put the right information out there to reach customers, but then
you also need to show that customers are seeing the benefits of using your products or services.
By adding user-generated content, also known as reviews, into the algorithm that ranks websites,
it allows Google to put companies higher on the list that are proving their worth to their clientele. It proves that you say you can do it, and that customers agree, you truly can.
If you ignore this aspect of your reputation, Google is going to start lowering
where you rank as a way of letting customers know that the highest ranked companies
are not only good enough to impress Google itself, but also customers in your area.

Reputation Management Is Something Every Business Needs to Focus On
When you decide that you want to work on your reputation, it is important to look up your company in the same way a potential customer would. Find out what others are saying about you. You will likely find many sites that could have information about your company. Read through the different reviews that have been left, and get a feel for how your customers see your company.
When a user puts up their review of your company, that’s considered a first-party review.
These are great testimonials as to how you do business, and they can naturally help you rank higher when search engines look over your website.
You having testimonials on your site is great, but when you can back them up with real reviews from customers who have worked with you and want to do so again,
this helps Google see you in a shining light and boost where your website falls in the rankings.

Don’t overlook your company’s reputation.
It is a very imperative component to where your website ranks. It tells potential customers
a lot about you, and it can also instil a lot of trust in your company before a person
even comes to you for help. Put your company in a position to improve your rank, plus help
even more customers than you already do, by hiring a reputation management company today!
http://www.jazdesignco.com/blog/reputation-management-is-imperative/


Turbo Charged Reading: Read More>>>Read fast>>>Remember all>>>Years later
Contact M’reen at: read@turbochargedreading.com

You can TCR specialist and language dictionaries that are spontaneously accessed.
I can Turbo Charge Read a novel 6-7 times faster and remember what I’ve read.
I TCR an instructional/academic book around 20 times faster and remember what I’ve read.
Introduction to Turbo Charged Reading YouTube
A practical overview of Turbo Charged Reading YouTube 
How to choose a book. A Turbo Charged Reading YouTube
Emotions when Turbo Charged Reading YouTube

Perhaps you’d like to check out my sister blogs:
All aspects of regular, each-word reading and education.
Turbo Charged Reading uses these skills significantly faster
www.innermindworking.blogspot.com         many ways for you to work with the stresses of life

To quote the Dr Seuss himself, “The more that you read, the more things you will know.
The more that you learn; the more places you'll go.”

Saturday, 8 April 2017

Programming your mind for success

Perennial Cornflower.


Within a few years she took the business global, selling throughout the UK, USA, Canada, 
Australia and Europe and receiving over 100,000 hits on the website every month.
In 2011 Carrie launched the Female Entrepreneur Association as a way to help inspire
and connect female entrepreneurs from around the world. 
The network has grown to over 140,000 women and they now produce a digital magazine, 
This Girl Means Business, weekly videos, free online classes and more.

In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events
that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video
and live speakers combine to spark deep discussion and connection in a small group.
These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program,
but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

Turbo Charged Reading: Read more>>>Read fast>>>Remember all>>>Years later
Contact M’reen at: read@turbochargedreading.com

You can TCR specialist and language dictionaries that are spontaneously accessed.
I can Turbo Charge Read a novel 6-7 times faster and remember what I’ve read.
I can TCR an academic book around 20 times faster and remember what I’ve read.
Introduction to Turbo Charged Reading YouTube
A practical overview of Turbo Charged Reading YouTube 
How to choose a book. A Turbo Charged Reading YouTube
Emotions when Turbo Charged Reading YouTube

Advanced Reading Skills Perhaps you’d like to join my FaceBook group ?

Perhaps you’d like to check out my sister blogs:
All aspects of regular, each-word reading and education.
TurboChargedReading uses these skills significantly faster
www.innermindworking.blogspot.com      many ways for you to work with the stresses of life
To quote the Dr Seuss himself, “The more that you read, the more things you will know.
The more that you learn; the more places you'll go.”

Sunday, 2 April 2017

Say Your Excuses Out Loud to Get Better at Fighting Them

Knapweed.

Say Your Excuses Out Loud to Get Better at Fighting Them
Eric Ravenscraft

If there’s one thing humans are good at (besides regulating body temperature
and manipulating objects with opposable thumbs), it’s rationalizing.
The next time you catch yourself making excuses to yourself, say them out loud.
As advice site Impossible explains, your irrational excuses are likely to sound less reasonable
once you say them out loud to yourself. Internally, you can feel like there’s a good reason
to justify breaking your diet or giving up on that habit.
Once you say it out loud, you’re more likely to face reality:

Here’s a simple trick: Say your excuses out loud.
Make a list of all the reasons why you’re NOT doing something and then say them out loud – with your mouth.
Unless the reason why you can’t do something is “a cheetah is closing in on me at 70mph
for a late brunch”, then most likely your excuses start to sound pretty stupid pretty quick
when they’re verbalized.
This self-argument is a handy way to distinguish between the excuses you have 
that are legitimate, and the ones that your emotions are filling in.
No one would blame you for staying home from work because you have the flu. However, someone might think it’s dumb to max out your credit card because you’ve had a hard day.


http://lifehacker.com/say-your-excuses-out-loud-to-get-better-at-fighting-the-1763745327?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+lifehacker%2Ffull+%28Lifehacker%29

Turbo Charged Reading: Read more>>>Read fast>>>Remember all>>>Years later
Contact M’reen at: read@turbochargedreading.com

You can TCR software/engineering manuals for spontaneous recall – or pass that exam.
I can Turbo Charge Read a novel 6-7 times faster and rememberwhat I’ve read.
I can TCR an academic book around 20 times faster and remember what I’ve read.
Introduction to Turbo Charged Reading YouTube
A practical overview of Turbo Charged Reading YouTube  
How to choose a book. A Turbo Charged Reading YouTube
Emotions when Turbo Charged Reading YouTube

Advanced Reading Skills Perhaps you’d like to join my FaceBook group ?

Perhaps you’d like to check out my sister blogs:
All aspects of regular, each-word reading and education.
Turbo Charged Reading uses these skills significantly faster
www.innermindworking.blogspot.com    many ways for you to work with the stresses of life
To quote the Dr Seuss himself, “The more that you read, the more things you will know.
The more that you learn; the more places you'll go.”