3 Reasons Behind Alibabaâ€™s Success
His 3 strategies were to have no money, no technology, and no plan?!
This cannot possibly work for everyone.
There were 3 reasons behind our success, they were very valid points:
First, we had no money
Second, we didnâ€™t understand technology
Third, we never planned
I believe that money could not solve all the problems. Money is just an important tactic in problem solving. So, when people say, â€śI have money, so I can do thisâ€ť That is the start of their failure.
I donâ€™t understand technology, I really donâ€™t. Even today, I still donâ€™t understand what coding is all about. Even today, I still donâ€™t understand the technology behind the Internet. However, it doesnâ€™t mean I donâ€™t respect technology.
My experience with technology is similar to 80% of our users. We respect technology, but we are afraid of it. We just need it to be useful. If you canâ€™t use the technology â€” regardless of how good it is â€” it is useless.