I never thought that I will be standing here talking to you like this because
here talking to you like this because
here talking to you like this because last to you our Alibaba had a IPO
last to you our Alibaba had a IPO
last to you our Alibaba had a IPO it was a great IPO and people that you
it was a great IPO and people that you
it was a great IPO and people that you are so smart how could you make a
are so smart how could you make a
are so smart how could you make a company like that but before the I feel
company like that but before the I feel
company like that but before the I feel a lot of people said Alibaba is a
a lot of people said Alibaba is a
a lot of people said Alibaba is a terrible model with a problem here and
terrible model with a problem here and
terrible model with a problem here and there the founder is terrible yes that’s
there the founder is terrible yes that’s
there the founder is terrible yes that’s right I’m a 100% made in China
right I’m a 100% made in China
right I’m a 100% made in China I learned my English by myself and I
I learned my English by myself and I
I learned my English by myself and I tried to teach myself how to programming
tried to teach myself how to programming
tried to teach myself how to programming on computer I still don’t know why how
on computer I still don’t know why how
on computer I still don’t know why how it works but that is not important like
it works but that is not important like
it works but that is not important like all of you here we all have expectation
all of you here we all have expectation
all of you here we all have expectation for the future we all worry about the
for the future we all worry about the
for the future we all worry about the future I did I have a rich father not
future I did I have a rich father not
future I did I have a rich father not from you know well-educated I said I
from you know well-educated I said I
from you know well-educated I said I tried three times for university all
tried three times for university all
tried three times for university all failed for the last time I went to the
failed for the last time I went to the
failed for the last time I went to the Teachers College which was considered
Teachers College which was considered
Teachers College which was considered the third or fourth class of my city but
the third or fourth class of my city but
the third or fourth class of my city but I think that is the best university I’ve
I think that is the best university I’ve
I think that is the best university I’ve ever had better than Harvard and Wharton
ever had better than Harvard and Wharton
ever had better than Harvard and Wharton I apply for harbor for ten times all
I apply for harbor for ten times all
I apply for harbor for ten times all filled they’d only want to see me you
filled they’d only want to see me you
filled they’d only want to see me you know terrible
know terrible
know terrible and I I think that is a normal life
and I I think that is a normal life
and I I think that is a normal life right and I believe that it was so
right and I believe that it was so
right and I believe that it was so difficult at that time I was so
difficult at that time I was so
difficult at that time I was so frustrated because I taught in the
frustrated because I taught in the
frustrated because I taught in the university my pain was $10 a mouth
university my pain was $10 a mouth
university my pain was $10 a mouth what’s not easy but I believe something
what’s not easy but I believe something
what’s not easy but I believe something something is waiting for me there and I
something is waiting for me there and I
something is waiting for me there and I have to work hard to prove myself so
have to work hard to prove myself so
have to work hard to prove myself so that was the tough experience and I
that was the tough experience and I
that was the tough experience and I never thought I was smart nobody
never thought I was smart nobody
never thought I was smart nobody believed that I could be successful
believed that I could be successful
believed that I could be successful because everybody said wow this guy
because everybody said wow this guy
because everybody said wow this guy think differently think a crazily you
think differently think a crazily you
think differently think a crazily you know they think about something never
know they think about something never
know they think about something never worked in 1994 disgust said I’m going to
worked in 1994 disgust said I’m going to
worked in 1994 disgust said I’m going to do something called Internet and 23 of
do something called Internet and 23 of
do something called Internet and 23 of them against it they said this is stupid
them against it they said this is stupid
them against it they said this is stupid idea right we have never heard about
idea right we have never heard about
idea right we have never heard about Internet and you know nothing about
Internet and you know nothing about
Internet and you know nothing about computer why you want to do the computer
computer why you want to do the computer
computer why you want to do the computer so nobody I agree with as I said I
so nobody I agree with as I said I
so nobody I agree with as I said I believe it because I saw the computer in
believe it because I saw the computer in
believe it because I saw the computer in 1994 when I went the USA I think this
1994 when I went the USA I think this
1994 when I went the USA I think this thing could be big but I never thought
thing could be big but I never thought
thing could be big but I never thought it would be that big like today honestly
it would be that big like today honestly
it would be that big like today honestly people say you’re smart you have a big
people say you’re smart you have a big
people say you’re smart you have a big vision 1994 since he assualt internet
vision 1994 since he assualt internet
vision 1994 since he assualt internet that was not true I just want to find a
that was not true I just want to find a
that was not true I just want to find a job because I could not find a good job
job because I could not find a good job
job because I could not find a good job so I do myself so that is the history
so I do myself so that is the history
so I do myself so that is the history that’s the thing
that’s the thing
that’s the thing and now after 16 years we have a lot of
and now after 16 years we have a lot of
and now after 16 years we have a lot of we have a Alibaba Group we have a team
we have a Alibaba Group we have a team
we have a Alibaba Group we have a team or group we have a tarball group well
or group we have a tarball group well
or group we have a tarball group well Felipe and people say how you make it
Felipe and people say how you make it
Felipe and people say how you make it why this make it why people cannot have
why this make it why people cannot have
why this make it why people cannot have fun opportunities you can find
fun opportunities you can find
fun opportunities you can find opportunities and I think people seem
opportunities and I think people seem
opportunities and I think people seem here today Jeff where is the opportunity
here today Jeff where is the opportunity
here today Jeff where is the opportunity I don’t have a job I don’t have this I
I don’t have a job I don’t have this I
I don’t have a job I don’t have this I don’t have a debt I remember 20 years
don’t have a debt I remember 20 years
don’t have a debt I remember 20 years ago I hate a Bill Gates I say he took
ago I hate a Bill Gates I say he took
ago I hate a Bill Gates I say he took all the job you know he’s are such a
all the job you know he’s are such a
all the job you know he’s are such a great Larry Page Bill Gates and every
great Larry Page Bill Gates and every
great Larry Page Bill Gates and every success people they did good and why I
success people they did good and why I
success people they did good and why I didn’t have this chance
didn’t have this chance
didn’t have this chance the same question like you later I can’t
the same question like you later I can’t
the same question like you later I can’t done myself and luckily I win I tell you
done myself and luckily I win I tell you
done myself and luckily I win I tell you I’m lucky to know a lot of famous people
I’m lucky to know a lot of famous people
I’m lucky to know a lot of famous people Bill Gates Warren Buffet the Jack Welch
Bill Gates Warren Buffet the Jack Welch
Bill Gates Warren Buffet the Jack Welch Larry Page Mark Zuckerberg
Larry Page Mark Zuckerberg
Larry Page Mark Zuckerberg I know all of them I would like to share
I know all of them I would like to share
I know all of them I would like to share with you that those people the
with you that those people the
with you that those people the difference between those people and
difference between those people and
difference between those people and other people they are always optimistic
other people they are always optimistic
other people they are always optimistic for the future
for the future
for the future they never complain they always try to
they never complain they always try to
they never complain they always try to solve the problems of the others and I
solve the problems of the others and I
solve the problems of the others and I think where is the opportunity the
think where is the opportunity the
think where is the opportunity the opportunity lies always lies in the
opportunity lies always lies in the
opportunity lies always lies in the place where people complain some people
place where people complain some people
place where people complain some people sit there complain you think if I can
sit there complain you think if I can
sit there complain you think if I can solve that complaint that’s the
solve that complaint that’s the
solve that complaint that’s the opportunity that’s what I did and I
opportunity that’s what I did and I
opportunity that’s what I did and I think 1994 99 is five so many people in
think 1994 99 is five so many people in
think 1994 99 is five so many people in China want to sell things abroad but
China want to sell things abroad but
China want to sell things abroad but there’s no place because the big
there’s no place because the big
there’s no place because the big business can’t go to the trade fair in
business can’t go to the trade fair in
business can’t go to the trade fair in Las Vegas fear and germany fear small
Las Vegas fear and germany fear small
Las Vegas fear and germany fear small business they don’t have opportunity so
business they don’t have opportunity so
business they don’t have opportunity so they complete we want to go the trade
they complete we want to go the trade
they complete we want to go the trade shows but they cannot get visa they
shows but they cannot get visa they
shows but they cannot get visa they don’t have money they don’t relationship
don’t have money they don’t relationship
don’t have money they don’t relationship so I think if Internet can help this
so I think if Internet can help this
so I think if Internet can help this small business it would be great but
small business it would be great but
small business it would be great but nobody would have believed it why
nobody would have believed it why
nobody would have believed it why Internet can help I said if if something
Internet can help I said if if something
Internet can help I said if if something everybody believe it everybody love it
everybody believe it everybody love it
everybody believe it everybody love it forget about that’s not your opportunity
forget about that’s not your opportunity
forget about that’s not your opportunity because where everybody agrees why this
because where everybody agrees why this
because where everybody agrees why this opportunity should be yours because a
opportunity should be yours because a
opportunity should be yours because a lot of people don’t agree with it and
lot of people don’t agree with it and
lot of people don’t agree with it and you think this is good
you think this is good
you think this is good think carefully and find a group of
think carefully and find a group of
think carefully and find a group of people working together and making sure
people working together and making sure
people working together and making sure the people working with you together
the people working with you together
the people working with you together believe the dreams whether investors
believe the dreams whether investors
believe the dreams whether investors believe it this or not whether your
believe it this or not whether your
believe it this or not whether your friends believe it or not whether your
friends believe it or not whether your
friends believe it or not whether your parents believe it or not that’s not
parents believe it or not that’s not
parents believe it or not that’s not important you believe it your team
important you believe it your team
important you believe it your team believe it and work day and night on
believe it and work day and night on
believe it and work day and night on this that’s all the things happens
this that’s all the things happens
this that’s all the things happens right my investor do nothing after 10
right my investor do nothing after 10
right my investor do nothing after 10 years they invested us they still don’t
years they invested us they still don’t
years they invested us they still don’t know what I’m doing
know what I’m doing
know what I’m doing honestly people say why you’re Jack you
honestly people say why you’re Jack you
honestly people say why you’re Jack you haven’t such so many great investors yet
haven’t such so many great investors yet
haven’t such so many great investors yet they are great because if you leave jack
they are great because if you leave jack
they are great because if you leave jack mark can’t do something but what exactly
mark can’t do something but what exactly
mark can’t do something but what exactly is doing they probably don’t understand
is doing they probably don’t understand
is doing they probably don’t understand but we have to know we know the only
but we have to know we know the only
but we have to know we know the only thing I tell you guys for the first
thing I tell you guys for the first
thing I tell you guys for the first three years we do not have the even one
three years we do not have the even one
three years we do not have the even one dollar revenue from our business but why
dollar revenue from our business but why
dollar revenue from our business but why it keeps a going ahead going forward
it keeps a going ahead going forward
it keeps a going ahead going forward because I received lots of email of
because I received lots of email of
because I received lots of email of thanks from the customer they say this
thanks from the customer they say this
thanks from the customer they say this is such a great thing if you can keep on
is such a great thing if you can keep on
is such a great thing if you can keep on doing that we cannot pay you but this
doing that we cannot pay you but this
doing that we cannot pay you but this thing has helped us if you keep on
thing has helped us if you keep on
thing has helped us if you keep on helping us one day you will be
helping us one day you will be
helping us one day you will be successful and I believe this and I want
successful and I believe this and I want
successful and I believe this and I want people here to let you know that we are
people here to let you know that we are
people here to let you know that we are at the best of time of this century the
at the best of time of this century the
at the best of time of this century the first technology revolution the steam
first technology revolution the steam
first technology revolution the steam the water in the UK very successful
the water in the UK very successful
the water in the UK very successful after 50 years the second technology
after 50 years the second technology
after 50 years the second technology revolution is called energy revolution
revolution is called energy revolution
revolution is called energy revolution electricity after 50 years electricity
electricity after 50 years electricity
electricity after 50 years electricity was founded business booming Internet
was founded business booming Internet
was founded business booming Internet has only four to two years the next 30
has only four to two years the next 30
has only four to two years the next 30 years is the best time for us for our
years is the best time for us for our
years is the best time for us for our young people we are all lucky we are
young people we are all lucky we are
young people we are all lucky we are only fear only like 20 30 years old the
only fear only like 20 30 years old the
only fear only like 20 30 years old the next of Sudhir’s the best time the last
next of Sudhir’s the best time the last
next of Sudhir’s the best time the last 20 years is the time I called
20 years is the time I called
20 years is the time I called information technology that’s the IT IT
information technology that’s the IT IT
information technology that’s the IT IT is to make us make the big company
is to make us make the big company
is to make us make the big company getting bigger and stronger and IT is to
getting bigger and stronger and IT is to
getting bigger and stronger and IT is to make yourself stronger I t’s try to get
make yourself stronger I t’s try to get
make yourself stronger I t’s try to get something for you but now we are
something for you but now we are
something for you but now we are entering into the new period which I
entering into the new period which I
entering into the new period which I call the data technology the data
call the data technology the data
call the data technology the data technology is do totally opposite IT I
technology is do totally opposite IT I
technology is do totally opposite IT I I have you don’t have DTS
I have you don’t have DTS
I have you don’t have DTS you have it I don’t have it I don’t have
you have it I don’t have it I don’t have
you have it I don’t have it I don’t have to have it DT is about a sharing details
to have it DT is about a sharing details
to have it DT is about a sharing details meticulous Ponce ability DT is about
meticulous Ponce ability DT is about
meticulous Ponce ability DT is about passion for the future so we are coming
passion for the future so we are coming
passion for the future so we are coming into the next 30 years of data
into the next 30 years of data
into the next 30 years of data technology period which your parents may
technology period which your parents may
technology period which your parents may not like it
not like it
not like it which your friends may not like it but
which your friends may not like it but
which your friends may not like it but if you believe the next 30 years is the
if you believe the next 30 years is the
if you believe the next 30 years is the one for period for us and by the way at
one for period for us and by the way at
one for period for us and by the way at the DT period everybody is the same
the DT period everybody is the same
the DT period everybody is the same because we are stuck from the same line
because we are stuck from the same line
because we are stuck from the same line nobody is the expert of teaching there
nobody is the expert of teaching there
nobody is the expert of teaching there are a lot of experts of IT they may be
are a lot of experts of IT they may be
are a lot of experts of IT they may be in trouble so which I were to say the
in trouble so which I were to say the
in trouble so which I were to say the best the best assets you have is that
best the best assets you have is that
best the best assets you have is that you are young don’t complain
you are young don’t complain
you are young don’t complain let the other people complain those
let the other people complain those
let the other people complain those people complain those people who still
people complain those people who still
people complain those people who still and do not always say well I don’t have
and do not always say well I don’t have
and do not always say well I don’t have think about how you can make things
think about how you can make things
think about how you can make things different use your own brain to think
lastly I want to share you I learn my
lastly I want to share you I learn my English I learn how to think use my own
English I learn how to think use my own
English I learn how to think use my own brain
when I was young I went to hangzhou
when I was young I went to hangzhou western lake you know we have a westerly
western lake you know we have a westerly
western lake you know we have a westerly there’s a hotel many foreign visitors
there’s a hotel many foreign visitors
there’s a hotel many foreign visitors visit there and I went there every
visit there and I went there every
visit there and I went there every morning five o’clock to practice my
morning five o’clock to practice my
morning five o’clock to practice my English the foreign visitors come I’d
English the foreign visitors come I’d
English the foreign visitors come I’d practice my English I don’t know why at
practice my English I don’t know why at
practice my English I don’t know why at that time but I found everything the
that time but I found everything the
that time but I found everything the foreign visitors told me are so
foreign visitors told me are so
foreign visitors told me are so different from the things my parents
different from the things my parents
different from the things my parents told me my teacher told me and the
told me my teacher told me and the
told me my teacher told me and the newspaper read so since then I think
newspaper read so since then I think
newspaper read so since then I think everything use my own brain to think
everything use my own brain to think
everything use my own brain to think about is that true is that an
about is that true is that an
about is that true is that an opportunity inside is there anything I
opportunity inside is there anything I
opportunity inside is there anything I can do that make the difference think
can do that make the difference think
can do that make the difference think about this and then when you think about
about this and then when you think about
about this and then when you think about this study do it I saw a lot of people
this study do it I saw a lot of people
this study do it I saw a lot of people young people have a fantastic ideas
young people have a fantastic ideas
young people have a fantastic ideas every evening but in the morning they go
every evening but in the morning they go
every evening but in the morning they go to the office same again make the move
to the office same again make the move
to the office same again make the move make the action to everybody to any
make the action to everybody to any
make the action to everybody to any person tomorrow is new and believe one
person tomorrow is new and believe one
person tomorrow is new and believe one thing this is also another last advice I
thing this is also another last advice I
thing this is also another last advice I want to give you we have to work very
want to give you we have to work very
want to give you we have to work very hard right either work for the others or
hard right either work for the others or
hard right either work for the others or work for yourself and I choose the way
work for yourself and I choose the way
work for yourself and I choose the way work might for myself but working for
work might for myself but working for
work might for myself but working for myself that means working for the
myself that means working for the
myself that means working for the society if you really want to work with
society if you really want to work with
society if you really want to work with yourself think about the others the day
yourself think about the others the day
yourself think about the others the day tt-time making sure you help others
tt-time making sure you help others
tt-time making sure you help others because only when the other have other
because only when the other have other
because only when the other have other people successful when the other people
people successful when the other people
people successful when the other people happy you’ll be successful you will be
happy you’ll be successful you will be
happy you’ll be successful you will be happy
happy
happy [Music]
cementing career really want to help the
cementing career really want to help the young people to build up the ecosystem
young people to build up the ecosystem
young people to build up the ecosystem but one thing I would say that a lot of
but one thing I would say that a lot of
but one thing I would say that a lot of people say internet is killing jobs the
people say internet is killing jobs the
people say internet is killing jobs the technology is killing jobs but I believe
technology is killing jobs but I believe
technology is killing jobs but I believe Internet and technology every time the
Internet and technology every time the
Internet and technology every time the technology created new jobs the first
technology created new jobs the first
technology created new jobs the first revolution of technology created more
revolution of technology created more
revolution of technology created more jobs second revolution created a lot of
jobs second revolution created a lot of
jobs second revolution created a lot of jobs so this time we are going to this
jobs so this time we are going to this
jobs so this time we are going to this century for the new technology is going
century for the new technology is going
century for the new technology is going to create more jobs but these jobs needs
to create more jobs but these jobs needs
to create more jobs but these jobs needs more knowledge more skills and Korean
more knowledge more skills and Korean
more knowledge more skills and Korean people I think they are so creative
people I think they are so creative
people I think they are so creative I see the cinnamon the movie and the
I see the cinnamon the movie and the
I see the cinnamon the movie and the move by time especially you’re so good
move by time especially you’re so good
move by time especially you’re so good at making you know all i gaming’s these
at making you know all i gaming’s these
at making you know all i gaming’s these are the things that people need all
are the things that people need all
are the things that people need all kinds of entertainment and career you
kinds of entertainment and career you
kinds of entertainment and career you have this such a wonderful
have this such a wonderful
have this such a wonderful infrastructure of the mobile the next 10
infrastructure of the mobile the next 10
infrastructure of the mobile the next 10 20 years will be the mobile time the
20 years will be the mobile time the
20 years will be the mobile time the mobile the data and innovation so these
mobile the data and innovation so these
mobile the data and innovation so these things put together will be fantastic
things put together will be fantastic
things put together will be fantastic opportunity and for what Alibaba is
opportunity and for what Alibaba is
opportunity and for what Alibaba is doing is that we are bringing great
doing is that we are bringing great
doing is that we are bringing great consumptions from China for our site
consumptions from China for our site
consumptions from China for our site every day we have a hundred and twenty
every day we have a hundred and twenty
every day we have a hundred and twenty million consumers shopping on our site
million consumers shopping on our site
million consumers shopping on our site every day everything that is good online
every day everything that is good online
every day everything that is good online always sold out you will never imagine
always sold out you will never imagine
always sold out you will never imagine us I don’t I don’t understand why so
us I don’t I don’t understand why so
us I don’t I don’t understand why so many people buying on shop every day but
many people buying on shop every day but
many people buying on shop every day but just to come in and I think next 20
just to come in and I think next 20
just to come in and I think next 20 years will be at least 2 billion at
years will be at least 2 billion at
years will be at least 2 billion at least a 2 billion to 2.5 billion people
least a 2 billion to 2.5 billion people
least a 2 billion to 2.5 billion people will be online shopping and that will be
will be online shopping and that will be
will be online shopping and that will be the best opportunity for everybody and I
the best opportunity for everybody and I
the best opportunity for everybody and I think career since you are the nation
think career since you are the nation
think career since you are the nation that has the best infrastructure of
that has the best infrastructure of
that has the best infrastructure of mobile and the creativity so that’s
mobile and the creativity so that’s
mobile and the creativity so that’s created something for the world for the
created something for the world for the
created something for the world for the best consumers so that is why I’m coming
best consumers so that is why I’m coming
best consumers so that is why I’m coming here not to sell things honestly I think
here not to sell things honestly I think
here not to sell things honestly I think cell Chinese products to career moving
cell Chinese products to career moving
cell Chinese products to career moving cell moving so data for to the years I’m
cell moving so data for to the years I’m
cell moving so data for to the years I’m trying to come in here
trying to come in here
trying to come in here say young people career created
say young people career created
say young people career created something sell to the world sell to
something sell to the world sell to
something sell to the world sell to China that’s the opportunity there I’m
China that’s the opportunity there I’m
China that’s the opportunity there I’m gonna ask you hmm ah you have a lot your
gonna ask you hmm ah you have a lot your
gonna ask you hmm ah you have a lot your chip so much with your business do you
chip so much with your business do you
chip so much with your business do you still have something to the forum or are
still have something to the forum or are
still have something to the forum or are you still hungry for business yeah
you still hungry for business yeah
you still hungry for business yeah the money people give me the money I
the money people give me the money I
the money people give me the money I have it’s not my money this is the money
have it’s not my money this is the money
have it’s not my money this is the money people trust on me that’s the trust of
people trust on me that’s the trust of
people trust on me that’s the trust of people on me so I should take the most
people on me so I should take the most
people on me so I should take the most of responsibility for all the money I
of responsibility for all the money I
of responsibility for all the money I invest and I still have a big passion
invest and I still have a big passion
invest and I still have a big passion for future because it’s not about how
for future because it’s not about how
for future because it’s not about how much money you will make how much life
much money you will make how much life
much money you will make how much life you can change how many things you can
you can change how many things you can
you can change how many things you can do that improve you know because our
do that improve you know because our
do that improve you know because our measuring up doing Alibaba is helping
measuring up doing Alibaba is helping
measuring up doing Alibaba is helping small business doing business easier and
small business doing business easier and
small business doing business easier and we only help the Chinese small business
we only help the Chinese small business
we only help the Chinese small business there are so many Korean small business
there are so many Korean small business
there are so many Korean small business there’s so many you know Afghanistan
there’s so many you know Afghanistan
there’s so many you know Afghanistan business small business no matter the
business small business no matter the
business small business no matter the pings so I think there are a lot of
pings so I think there are a lot of
pings so I think there are a lot of things but I cannot do myself we wanted
things but I cannot do myself we wanted
things but I cannot do myself we wanted to make the Internet can help this small
to make the Internet can help this small
to make the Internet can help this small business so I think in my way how can
business so I think in my way how can
business so I think in my way how can using Internet to open sesame’ for small
using Internet to open sesame’ for small
using Internet to open sesame’ for small business online I just wonder one major
business online I just wonder one major
business online I just wonder one major set that goal well when I start my
set that goal well when I start my
set that goal well when I start my business in 1992 it was so difficult I
business in 1992 it was so difficult I
business in 1992 it was so difficult I try to borrow 3,000 US daughter from the
try to borrow 3,000 US daughter from the
try to borrow 3,000 US daughter from the banks it took me three mouse but I still
banks it took me three mouse but I still
banks it took me three mouse but I still cannot get it and when I said 1994 I
cannot get it and when I said 1994 I
cannot get it and when I said 1994 I tried to register a intern the company I
tried to register a intern the company I
tried to register a intern the company I could not do it cuz so if you could do
could not do it cuz so if you could do
could not do it cuz so if you could do all the processing and cannot get the
all the processing and cannot get the
all the processing and cannot get the money cannot I ran office and then when
money cannot I ran office and then when
money cannot I ran office and then when I started Alibaba I was still very
I started Alibaba I was still very
I started Alibaba I was still very difficult and I think big companies the
difficult and I think big companies the
difficult and I think big companies the government helped foreign companies the
government helped foreign companies the
government helped foreign companies the American market the stock market help
American market the stock market help
American market the stock market help small business nobody help if we can
small business nobody help if we can
small business nobody help if we can create something that using Internet
create something that using Internet
create something that using Internet help the small business empower the
help the small business empower the
help the small business empower the small biz
small biz
small biz and make help the small business grow
and make help the small business grow
and make help the small business grow strong that will be the unique value
strong that will be the unique value
strong that will be the unique value that with the Internet can help so that
that with the Internet can help so that
that with the Internet can help so that was big again I think since nobody
was big again I think since nobody
was big again I think since nobody helped me if we can help the others
helped me if we can help the others
helped me if we can help the others you’ll be a huge opportunity that is the
you’ll be a huge opportunity that is the
you’ll be a huge opportunity that is the dream and that become our one mission
dream and that become our one mission
dream and that become our one mission so everybody join our company we’ll ask
so everybody join our company we’ll ask
so everybody join our company we’ll ask him we our job our mission is to help
him we our job our mission is to help
him we our job our mission is to help others doing business easier if you
others doing business easier if you
others doing business easier if you agree with that working together with us
agree with that working together with us
agree with that working together with us welcome if you don’t agree with it there
welcome if you don’t agree with it there
welcome if you don’t agree with it there there are a lot of good opportunities
there are a lot of good opportunities
there are a lot of good opportunities there and just to join done because we
there and just to join done because we
there and just to join done because we think this is our mission
think this is our mission
think this is our mission and we’ve been doing that for 16 years
and we’ve been doing that for 16 years
and we’ve been doing that for 16 years and I think we were to make another 86
and I think we were to make another 86
and I think we were to make another 86 years working on that it’s only I live a
years working on that it’s only I live a
years working on that it’s only I live a quiet song he booted it is all Oh yogi
quiet song he booted it is all Oh yogi
quiet song he booted it is all Oh yogi ritodrine
ritodrine
ritodrine document open document day yeah Tom Yum
document open document day yeah Tom Yum
document open document day yeah Tom Yum Goong sweeter days ago Testament of
Goong sweeter days ago Testament of
Goong sweeter days ago Testament of Fukuoka to quandaries horebeek OEt ami
Fukuoka to quandaries horebeek OEt ami
Fukuoka to quandaries horebeek OEt ami okay personal masseuse a minsang’s ago
okay personal masseuse a minsang’s ago
okay personal masseuse a minsang’s ago semitic risotto cake rock abandoned even
semitic risotto cake rock abandoned even
semitic risotto cake rock abandoned even take a beating boxes through
take a beating boxes through
take a beating boxes through systemically yeah yep single Anita
systemically yeah yep single Anita
systemically yeah yep single Anita I do not know where I got the confidence
I do not know where I got the confidence
I do not know where I got the confidence these days when I see the documentary I
these days when I see the documentary I
these days when I see the documentary I was surprised why this guy has
that is true cuz funny thing today when
that is true cuz funny thing today when I study Alibaba I asked my my colleague
I study Alibaba I asked my my colleague
I study Alibaba I asked my my colleague to record and tape everything everything
to record and tape everything everything
to record and tape everything everything we talked all the meetings with weaving
we talked all the meetings with weaving
we talked all the meetings with weaving within putting a whole house of tapes in
within putting a whole house of tapes in
within putting a whole house of tapes in the past of 60 years we want record it I
the past of 60 years we want record it I
the past of 60 years we want record it I told my friends and myself if Jack mod
told my friends and myself if Jack mod
told my friends and myself if Jack mod can be successful 80% of the people in
can be successful 80% of the people in
can be successful 80% of the people in China can be successful too now we do
China can be successful too now we do
China can be successful too now we do not have borrow even one dollar from the
not have borrow even one dollar from the
not have borrow even one dollar from the bank we do not have even one dollar from
bank we do not have even one dollar from
bank we do not have even one dollar from the government we do everything
the government we do everything
the government we do everything ourselves so honestly 18 funders in my
ourselves so honestly 18 funders in my
ourselves so honestly 18 funders in my apartment 40% then are my students
apartment 40% then are my students
apartment 40% then are my students another 40 percent of my friends so they
another 40 percent of my friends so they
another 40 percent of my friends so they have no choice and when we have a
have no choice and when we have a
have no choice and when we have a hundred people well when we start to do
hundred people well when we start to do
hundred people well when we start to do something all the companies came to us
something all the companies came to us
something all the companies came to us and and grabbed my people it was funny
and and grabbed my people it was funny
and and grabbed my people it was funny that those great people have a vision of
that those great people have a vision of
that those great people have a vision of themselves and they always have some new
themselves and they always have some new
themselves and they always have some new ideas they were taken away from the
ideas they were taken away from the
ideas they were taken away from the other companies those people stay in the
other companies those people stay in the
other companies those people stay in the companies they’re not very smart like me
companies they’re not very smart like me
companies they’re not very smart like me we believe what we’re doing so nobody
we believe what we’re doing so nobody
we believe what we’re doing so nobody come to help hunting us so we have no
come to help hunting us so we have no
come to help hunting us so we have no choice we stay there after 10 years
choice we stay there after 10 years
choice we stay there after 10 years we’re successful they very important is
we’re successful they very important is
we’re successful they very important is that you believe it we believe this
that you believe it we believe this
that you believe it we believe this thing and we see why would be it’s not
thing and we see why would be it’s not
thing and we see why would be it’s not about of revenue the emails of thanks
about of revenue the emails of thanks
about of revenue the emails of thanks from customers are the best revenue and
from customers are the best revenue and
from customers are the best revenue and also the the employees knows wow this is
also the the employees knows wow this is
also the the employees knows wow this is something else we didn’t have revenue I
something else we didn’t have revenue I
something else we didn’t have revenue I told you one story I went to a
told you one story I went to a
told you one story I went to a restaurant when I finished my eating I
restaurant when I finished my eating I
restaurant when I finished my eating I there somebody came in with a piece of
there somebody came in with a piece of
there somebody came in with a piece of paper say hi jack I’m a user of Alibaba
paper say hi jack I’m a user of Alibaba
paper say hi jack I’m a user of Alibaba I know you do not make money so I pay
I know you do not make money so I pay
I know you do not make money so I pay your bill
your bill
your bill for these things happen a lot I went to
for these things happen a lot I went to
for these things happen a lot I went to a you know a bar some people give me a
a you know a bar some people give me a
a you know a bar some people give me a cigar say thank you for your website
cigar say thank you for your website
cigar say thank you for your website I know you do not make money just a
I know you do not make money just a
I know you do not make money just a small gift so these things tell us this
small gift so these things tell us this
small gift so these things tell us this thing is good if we keep on working and
thing is good if we keep on working and
thing is good if we keep on working and after ten years you’re really becoming
after ten years you’re really becoming
after ten years you’re really becoming good that was that was the true story
good that was that was the true story
good that was that was the true story and that keep us worth you know working
and that keep us worth you know working
and that keep us worth you know working my energy on a similar history de veau
my energy on a similar history de veau
my energy on a similar history de veau they all BnB prop accident Silicon
they all BnB prop accident Silicon
they all BnB prop accident Silicon Valley startup three translational GB
Valley startup three translational GB
Valley startup three translational GB aqueous media I shall come John Italian
aqueous media I shall come John Italian
aqueous media I shall come John Italian stop to be banned in the Audion Union
stop to be banned in the Audion Union
stop to be banned in the Audion Union which doubles in a customer a Silicon
which doubles in a customer a Silicon
which doubles in a customer a Silicon Valley startup to become GRU the joinin
Valley startup to become GRU the joinin
Valley startup to become GRU the joinin grocery chain bearden devil single
grocery chain bearden devil single
grocery chain bearden devil single cosmic ax okay first I think nobody can
cosmic ax okay first I think nobody can
cosmic ax okay first I think nobody can conquer the world and we only can serve
conquer the world and we only can serve
conquer the world and we only can serve the world but this serve how many people
the world but this serve how many people
the world but this serve how many people in the other side because I believe if
in the other side because I believe if
in the other side because I believe if you have a vision of your village it can
you have a vision of your village it can
you have a vision of your village it can do a good business in your village if a
do a good business in your village if a
do a good business in your village if a vision for whole career you do the
vision for whole career you do the
vision for whole career you do the business in the whole career if your
business in the whole career if your
business in the whole career if your vision in America you have a vision
vision in America you have a vision
vision in America you have a vision there so first you have to think about
there so first you have to think about
there so first you have to think about how big you think and do things in a
how big you think and do things in a
how big you think and do things in a detail a Silicon Valley was being there
detail a Silicon Valley was being there
detail a Silicon Valley was being there for so many years and such a good
for so many years and such a good
for so many years and such a good infrastructure good ecosystem
infrastructure good ecosystem
infrastructure good ecosystem environment which is good but we should
environment which is good but we should
environment which is good but we should not never always put Silicon Valley as
not never always put Silicon Valley as
not never always put Silicon Valley as the example there’s only one Silicon
the example there’s only one Silicon
the example there’s only one Silicon Valley there when I started I put the
Valley there when I started I put the
Valley there when I started I put the Bill Gates as my mod role model I put
Bill Gates as my mod role model I put
Bill Gates as my mod role model I put the Warren Buffet role model I got a
the Warren Buffet role model I got a
the Warren Buffet role model I got a more disappointed oh my god Huck where
more disappointed oh my god Huck where
more disappointed oh my god Huck where can I be at this point yo gates and you
can I be at this point yo gates and you
can I be at this point yo gates and you when you put the robot is that big it’s
when you put the robot is that big it’s
when you put the robot is that big it’s it’s very frustrating then I think about
it’s very frustrating then I think about
it’s very frustrating then I think about the uncle wah my next door and anthalie
the uncle wah my next door and anthalie
the uncle wah my next door and anthalie is on me my next door they worked pretty
is on me my next door they worked pretty
is on me my next door they worked pretty well so I started thinking mmm
well so I started thinking mmm
well so I started thinking mmm serve this and one day I can serve more
serve this and one day I can serve more
serve this and one day I can serve more people that was thick beginning guys I
people that was thick beginning guys I
people that was thick beginning guys I tell you the day the first week when I
tell you the day the first week when I
tell you the day the first week when I launched at Alba calm the all irritable
launched at Alba calm the all irritable
launched at Alba calm the all irritable calm nobody come to sell nobody come to
calm nobody come to sell nobody come to
calm nobody come to sell nobody come to buy because there’s nothing to sell so
buy because there’s nothing to sell so
buy because there’s nothing to sell so in this in my office we have seven
in this in my office we have seven
in this in my office we have seven people with virus tell ourselves and the
people with virus tell ourselves and the
people with virus tell ourselves and the first the first ten days some people
first the first ten days some people
first the first ten days some people start to try to sell something we buy
start to try to sell something we buy
start to try to sell something we buy everything so we buy a whole house of
everything so we buy a whole house of
everything so we buy a whole house of things for no use just just if people
things for no use just just if people
things for no use just just if people come to stop so little finally that we
come to stop so little finally that we
come to stop so little finally that we build up our business
build up our business
build up our business little by little we build up our
little by little we build up our
little by little we build up our ecosystem of the infrastructure so if if
ecosystem of the infrastructure so if if
ecosystem of the infrastructure so if if career tried to be try to have Silicon
career tried to be try to have Silicon
career tried to be try to have Silicon Valley like infrastructure you will
Valley like infrastructure you will
Valley like infrastructure you will never have it because Silicon Valley has
never have it because Silicon Valley has
never have it because Silicon Valley has been there for I don’t know 50 years or
been there for I don’t know 50 years or
been there for I don’t know 50 years or 60 years that’s beautiful
60 years that’s beautiful
60 years that’s beautiful all for our self when the infrastructure
all for our self when the infrastructure
all for our self when the infrastructure per nerve why you want to be the
per nerve why you want to be the
per nerve why you want to be the entrepreneur because being an
entrepreneur because being an
entrepreneur because being an entrepreneur you have to do the things
entrepreneur you have to do the things
entrepreneur you have to do the things before the other people do you have to
before the other people do you have to
before the other people do you have to wake up before the other people wake up
wake up before the other people wake up
wake up before the other people wake up you have to be more brave than the
you have to be more brave than the
you have to be more brave than the others
others
others so I think I don’t see and I will tell
so I think I don’t see and I will tell
so I think I don’t see and I will tell you what people in Silicon Valley at the
you what people in Silicon Valley at the
you what people in Silicon Valley at the my career a lot wow you have such a
my career a lot wow you have such a
my career a lot wow you have such a wonderful infrastructure of mobile well
wonderful infrastructure of mobile well
wonderful infrastructure of mobile well you have so many creative young people
you have so many creative young people
you have so many creative young people and you are in Asia this is what I think
and you are in Asia this is what I think
and you are in Asia this is what I think when you’re optimistic it’s always
when you’re optimistic it’s always
when you’re optimistic it’s always opportunity so I don’t want I don’t want
opportunity so I don’t want I don’t want
opportunity so I don’t want I don’t want to try and have a Silicon Valley
to try and have a Silicon Valley
to try and have a Silicon Valley infrastructure first it’s impossible
infrastructure first it’s impossible
infrastructure first it’s impossible second if there’s work I should have
second if there’s work I should have
second if there’s work I should have made it we should have make us in Russia
made it we should have make us in Russia
made it we should have make us in Russia not waiting for government government
not waiting for government government
not waiting for government government it’s so difficult for them
it’s so difficult for them
it’s so difficult for them they sometimes think kindly but they’re
they sometimes think kindly but they’re
they sometimes think kindly but they’re but they are government offices we
but they are government offices we
but they are government offices we business we have to create for ourselves
business we have to create for ourselves
business we have to create for ourselves and getting support from them but don’t
and getting support from them but don’t
and getting support from them but don’t rely on them that’s what I believe
rely on them that’s what I believe
rely on them that’s what I believe because they have a more important the
because they have a more important the
because they have a more important the whole you know country how to balance
whole you know country how to balance
whole you know country how to balance for business we have the build of our
for business we have the build of our
for business we have the build of our own ecosystem that’s what I think
own ecosystem that’s what I think
own ecosystem that’s what I think attention Bunyan NJ I will be like a
attention Bunyan NJ I will be like a
attention Bunyan NJ I will be like a summers other side however should be a
summers other side however should be a
summers other side however should be a winner to me on arrival
winner to me on arrival
winner to me on arrival cutting it was hell porn Haram doko go
cutting it was hell porn Haram doko go
cutting it was hell porn Haram doko go yogi top or Tom batata citizen demands
yogi top or Tom batata citizen demands
yogi top or Tom batata citizen demands more how much were there okay what would
more how much were there okay what would
more how much were there okay what would you do with your a 25 year old man well
you do with your a 25 year old man well
you do with your a 25 year old man well first I would love to go back to 25
first I would love to go back to 25
first I would love to go back to 25 years do anything to to be back into the
years do anything to to be back into the
years do anything to to be back into the five years I think I would go to China
five years I think I would go to China
five years I think I would go to China and seeing the market there and go to an
and seeing the market there and go to an
and seeing the market there and go to an America and think about it and go back
America and think about it and go back
America and think about it and go back and come back to Korea I think
and come back to Korea I think
and come back to Korea I think opportunity is everywhere honestly when
opportunity is everywhere honestly when
opportunity is everywhere honestly when people think about Internet is the
people think about Internet is the
people think about Internet is the future ten years ago internet was so
future ten years ago internet was so
future ten years ago internet was so good when nobody believed internet was
good when nobody believed internet was
good when nobody believed internet was so good now internet is so tough because
so good now internet is so tough because
so good now internet is so tough because all the smart people go to Internet so
all the smart people go to Internet so
all the smart people go to Internet so you should go to the off ground there
you should go to the off ground there
you should go to the off ground there are so many opportunity if you run a
are so many opportunity if you run a
are so many opportunity if you run a restaurant if you’re really interested
restaurant if you’re really interested
restaurant if you’re really interested in running a restaurant in career using
in running a restaurant in career using
in running a restaurant in career using IT tech knowledge to making sure the
IT tech knowledge to making sure the
IT tech knowledge to making sure the restaurant is perfectly unique if you
restaurant is perfectly unique if you
restaurant is perfectly unique if you want to open a barber shop making sure
want to open a barber shop making sure
want to open a barber shop making sure you is the IT tech knowledge and data
you is the IT tech knowledge and data
you is the IT tech knowledge and data technology be the different it’s not
technology be the different it’s not
technology be the different it’s not only the high tech that works there are
only the high tech that works there are
only the high tech that works there are a lot of business if you use an IT
a lot of business if you use an IT
a lot of business if you use an IT better I’ll be fantastic right so
better I’ll be fantastic right so
better I’ll be fantastic right so Prime Minister said I’m a genius I don’t
Prime Minister said I’m a genius I don’t
Prime Minister said I’m a genius I don’t think I’m a genius and I would love to
think I’m a genius and I would love to
think I’m a genius and I would love to be a genius but when I sit next to Bill
be a genius but when I sit next to Bill
be a genius but when I sit next to Bill Gates I think I’m a genius when I speak
Gates I think I’m a genius when I speak
Gates I think I’m a genius when I speak Chinese he cannot speak when I speak
Chinese he cannot speak when I speak
Chinese he cannot speak when I speak English well it’s not bad you have we
English well it’s not bad you have we
English well it’s not bad you have we all have to sink opposite where
all have to sink opposite where
all have to sink opposite where everybody agree with one means one
everybody agree with one means one
everybody agree with one means one minute think about is that right is
minute think about is that right is
minute think about is that right is there an opportunity where everybody
there an opportunity where everybody
there an opportunity where everybody against it just wait for one minute
against it just wait for one minute
against it just wait for one minute think about so 25 years out don’t worry
think about so 25 years out don’t worry
think about so 25 years out don’t worry any mistake is an income is a wonderful
any mistake is an income is a wonderful
any mistake is an income is a wonderful revenue for you so I tell myself and
revenue for you so I tell myself and
revenue for you so I tell myself and told my young people before 20 years old
told my young people before 20 years old
told my young people before 20 years old be a good student way too entrepreneur
be a good student way too entrepreneur
be a good student way too entrepreneur just learn some experience before 30
just learn some experience before 30
just learn some experience before 30 years old follow somebody go to a small
years old follow somebody go to a small
years old follow somebody go to a small company not only in a big company it is
company not only in a big company it is
company not only in a big company it is good to learn processing you are a part
good to learn processing you are a part
good to learn processing you are a part of a big machine
of a big machine
of a big machine but when go to small company you learn
but when go to small company you learn
but when go to small company you learn the passion you learn the dreams you
the passion you learn the dreams you
the passion you learn the dreams you learn how to do a lot of things as well
learn how to do a lot of things as well
learn how to do a lot of things as well one time so before 30 years old it’s not
one time so before 30 years old it’s not
one time so before 30 years old it’s not which company you go it’s which boss you
which company you go it’s which boss you
which company you go it’s which boss you follow it’s very important a good boss
follow it’s very important a good boss
follow it’s very important a good boss teach you differently and before from 30
teach you differently and before from 30
teach you differently and before from 30 to 40 years old you have to think very
to 40 years old you have to think very
to 40 years old you have to think very CLE were you working for yourself if you
CLE were you working for yourself if you
CLE were you working for yourself if you really want to be interpreting when
really want to be interpreting when
really want to be interpreting when you’re 40 to 50 years old you have to do
you’re 40 to 50 years old you have to do
you’re 40 to 50 years old you have to do all the things that you are good at
all the things that you are good at
all the things that you are good at don’t try to drop into the new area it’s
don’t try to drop into the new area it’s
don’t try to drop into the new area it’s too late you may be successful but the
too late you may be successful but the
too late you may be successful but the the rate of dying is too big so 40 to 50
the rate of dying is too big so 40 to 50
the rate of dying is too big so 40 to 50 think about how can focus on things that
think about how can focus on things that
think about how can focus on things that you are good at but when you are 50 to
you are good at but when you are 50 to
you are good at but when you are 50 to 60 years old work for the young people
60 years old work for the young people
60 years old work for the young people because young people can do better than
because young people can do better than
because young people can do better than you
you
you so rely on them invest on them making
so rely on them invest on them making
so rely on them invest on them making sure they’re good
sure they’re good
sure they’re good so when us over 60 years so spend time
so when us over 60 years so spend time
so when us over 60 years so spend time for yourself on the beachside shine it’s
for yourself on the beachside shine it’s
for yourself on the beachside shine it’s too late for you to change not move it
too late for you to change not move it
too late for you to change not move it but this is my my advice to the young
but this is my my advice to the young
but this is my my advice to the young people 25 years old
people 25 years old
people 25 years old make enough mistakes don’t worry you
make enough mistakes don’t worry you
make enough mistakes don’t worry you fall you stand up your for your step
fall you stand up your for your step
fall you stand up your for your step enjoy it I mean 25 years or enjoy the
enjoy it I mean 25 years or enjoy the
enjoy it I mean 25 years or enjoy the show
show
show enjoy the show van enjoyment our country
enjoy the show van enjoyment our country
enjoy the show van enjoyment our country – journey to total Paniagua I was
– journey to total Paniagua I was
– journey to total Paniagua I was parkour Aloha me da Prez are on Picaro
parkour Aloha me da Prez are on Picaro
parkour Aloha me da Prez are on Picaro gotta go cutty I just wonder okay first
gotta go cutty I just wonder okay first
gotta go cutty I just wonder okay first it’s not easy to attract investment for
it’s not easy to attract investment for
it’s not easy to attract investment for any stat UPS my CFO Joseph chai and I
any stat UPS my CFO Joseph chai and I
any stat UPS my CFO Joseph chai and I went to Silicon Valley for the first
went to Silicon Valley for the first
went to Silicon Valley for the first time 1999 to the year 2000 we talked to
time 1999 to the year 2000 we talked to
time 1999 to the year 2000 we talked to over 30 or 40 venture capitalists
over 30 or 40 venture capitalists
over 30 or 40 venture capitalists everybody said no forget it so we gather
everybody said no forget it so we gather
everybody said no forget it so we gather 50 thousand US dollars from 18 finders
50 thousand US dollars from 18 finders
50 thousand US dollars from 18 finders we started and the very important thing
we started and the very important thing
we started and the very important thing is is that you always have to prepare
is is that you always have to prepare
is is that you always have to prepare for at least one year money before you
for at least one year money before you
for at least one year money before you go on the road I agreed that everyone
go on the road I agreed that everyone
go on the road I agreed that everyone it’s so difficult to convince your wives
it’s so difficult to convince your wives
it’s so difficult to convince your wives your parents and your girlfriend to do
your parents and your girlfriend to do
your parents and your girlfriend to do that but if you can convince in somebody
that but if you can convince in somebody
that but if you can convince in somebody for the first round money no matter how
for the first round money no matter how
for the first round money no matter how big the vision is you have to start from
big the vision is you have to start from
big the vision is you have to start from the small things easy secure start to
the small things easy secure start to
the small things easy secure start to move the first to move have to be a
move the first to move have to be a
move the first to move have to be a little bit secure I always pick up some
little bit secure I always pick up some
little bit secure I always pick up some easy things and try to convincing those
easy things and try to convincing those
easy things and try to convincing those people who trust you to raise the money
people who trust you to raise the money
people who trust you to raise the money first
first
first remember one thing that’s the secret
remember one thing that’s the secret
remember one thing that’s the secret sauce always raise money when you have
sauce always raise money when you have
sauce always raise money when you have money all right
money all right
money all right wait don’t have money you are in trouble
wait don’t have money you are in trouble
wait don’t have money you are in trouble don’t go out to raise money so when you
don’t go out to raise money so when you
don’t go out to raise money so when you have the money instead of think about
have the money instead of think about
have the money instead of think about how can I raise money because the
how can I raise money because the
how can I raise money because the winters of how
winters of how
winters of how always think about prepare for the
always think about prepare for the
always think about prepare for the winters
winters
winters so my philosophy is repair the roof
so my philosophy is repair the roof
so my philosophy is repair the roof while it is sunshine way into rings
while it is sunshine way into rings
while it is sunshine way into rings don’t move
don’t move
don’t move keep it right so that is the first run
keep it right so that is the first run
keep it right so that is the first run of money the bank would not give you but
of money the bank would not give you but
of money the bank would not give you but it’s okay
it’s okay
it’s okay raise the lid of the money prove it and
raise the lid of the money prove it and
raise the lid of the money prove it and lit more prove it a little more that’s
lit more prove it a little more that’s
lit more prove it a little more that’s everybody goes like that okay my name is
everybody goes like that okay my name is
everybody goes like that okay my name is Louisa I’m from China I have a question
Louisa I’m from China I have a question
Louisa I’m from China I have a question for you do you think
for you do you think
for you do you think Alibaba could still become as successful
Alibaba could still become as successful
Alibaba could still become as successful as this has now is that the huge
as this has now is that the huge
as this has now is that the huge ecommerce market base well nobody can
ecommerce market base well nobody can
ecommerce market base well nobody can guarantee nobody can guarantee will be
guarantee nobody can guarantee will be
guarantee nobody can guarantee will be successful right so I think the only
successful right so I think the only
successful right so I think the only thing that can guarantee our success is
thing that can guarantee our success is
thing that can guarantee our success is keep the passion keep believe in the
keep the passion keep believe in the
keep the passion keep believe in the future keep on investing the young
future keep on investing the young
future keep on investing the young people and keep on the mission that
people and keep on the mission that
people and keep on the mission that helping others to executive if we keep
helping others to executive if we keep
helping others to executive if we keep on that we have the chance to be
on that we have the chance to be
on that we have the chance to be successful if we think well we are rich
successful if we think well we are rich
successful if we think well we are rich enough let’s enjoy the life and we that
enough let’s enjoy the life and we that
enough let’s enjoy the life and we that would never work and now we get more
would never work and now we get more
would never work and now we get more competitors all the guys entrepreneurs
competitors all the guys entrepreneurs
competitors all the guys entrepreneurs if you do business you will always have
if you do business you will always have
if you do business you will always have a competition don’t worry about the
a competition don’t worry about the
a competition don’t worry about the competition because your competitors
competition because your competitors
competition because your competitors also worried about you right so don’t
also worried about you right so don’t
also worried about you right so don’t worry
worry
worry competition is a very important of fun
competition is a very important of fun
competition is a very important of fun part of the game in the business so the
part of the game in the business so the
part of the game in the business so the competitors will never kill you you will
competitors will never kill you you will
competitors will never kill you you will cure yourself by not serving a customer
cure yourself by not serving a customer
cure yourself by not serving a customer better so if you ask me what can make
better so if you ask me what can make
better so if you ask me what can make Alibaba gold longer I want make you guys
Alibaba gold longer I want make you guys
Alibaba gold longer I want make you guys young people join company like Alibaba
young people join company like Alibaba
young people join company like Alibaba open shops on Alibaba on top of you
open shops on Alibaba on top of you
open shops on Alibaba on top of you Thanks and that will keep it and we help
Thanks and that will keep it and we help
Thanks and that will keep it and we help you you help us
you you help us
you you help us that’s it stuff that help each other and
that’s it stuff that help each other and
that’s it stuff that help each other and then you will be successful that’s what
then you will be successful that’s what
then you will be successful that’s what I believe the first I I respect your
I believe the first I I respect your
I believe the first I I respect your question about you crack you from MBA
question about you crack you from MBA
question about you crack you from MBA and joining us that up which is good a
and joining us that up which is good a
and joining us that up which is good a lot of MBAs only want to join big
lot of MBAs only want to join big
lot of MBAs only want to join big companies big big managers start up MBA
companies big big managers start up MBA
companies big big managers start up MBA is good I said but unfortunately a lot
is good I said but unfortunately a lot
is good I said but unfortunately a lot of MBAs do another train
of MBAs do another train
of MBAs do another train entrepreneurship I send a lot of young
entrepreneurship I send a lot of young
entrepreneurship I send a lot of young wonderful young people to go to MBA they
wonderful young people to go to MBA they
wonderful young people to go to MBA they were very smart before they go to MBA
were very smart before they go to MBA
were very smart before they go to MBA but they came back they they suddenly
but they came back they they suddenly
but they came back they they suddenly they think like like a you know
they think like like a you know
they think like like a you know structure guy this is no good
structure guy this is no good
structure guy this is no good so I told my people forget about what
so I told my people forget about what
so I told my people forget about what you learned in the NBA use instinct I’m
you learned in the NBA use instinct I’m
you learned in the NBA use instinct I’m making sure that everything you do is to
making sure that everything you do is to
making sure that everything you do is to the need of the customer and I think it
the need of the customer and I think it
the need of the customer and I think it is good for MBA to be in the startup and
is good for MBA to be in the startup and
is good for MBA to be in the startup and to raise money most of the times the
to raise money most of the times the
to raise money most of the times the venture capitalists to give you the
venture capitalists to give you the
venture capitalists to give you the money not only because the business plan
money not only because the business plan
money not only because the business plan because of the team you have who working
because of the team you have who working
because of the team you have who working together with you and who are these
together with you and who are these
together with you and who are these people
people
people what’s their experience what’s your
what’s their experience what’s your
what’s their experience what’s your record I think raising money is not that
record I think raising money is not that
record I think raising money is not that difficult today trust me it’s much
difficult today trust me it’s much
difficult today trust me it’s much they’re too much money here cuz people
they’re too much money here cuz people
they’re too much money here cuz people got crazy the money the muster everybody
got crazy the money the muster everybody
got crazy the money the muster everybody everywhere the money but the thing is
everywhere the money but the thing is
everywhere the money but the thing is that you have a good team good dream
that you have a good team good dream
that you have a good team good dream relaxed plant and good record when you
relaxed plant and good record when you
relaxed plant and good record when you have that I bet you’ll get the money
have that I bet you’ll get the money
have that I bet you’ll get the money don’t worry about the money money follow
don’t worry about the money money follow
don’t worry about the money money follow the people people sure to follow the
the people people sure to follow the
the people people sure to follow the dreams and the dreams should have
dreams and the dreams should have
dreams and the dreams should have followed the execution capability when
followed the execution capability when
followed the execution capability when that thing happens the money will come
that thing happens the money will come
that thing happens the money will come okay
okay
okay and the day when I work I’m going to
and the day when I work I’m going to
and the day when I work I’m going to write a book which I don’t know what I
write a book which I don’t know what I
write a book which I don’t know what I can write it but the book I want to
can write it but the book I want to
can write it but the book I want to write about is Alibaba 1001 mistakes ok
write about is Alibaba 1001 mistakes ok
write about is Alibaba 1001 mistakes ok so many mistakes we have and this is the
so many mistakes we have and this is the
so many mistakes we have and this is the best assets we have so don’t worry about
best assets we have so don’t worry about
best assets we have so don’t worry about it we’ll make mistake don’t worry about
it we’ll make mistake don’t worry about
it we’ll make mistake don’t worry about that just to go ahead if you have a
that just to go ahead if you have a
that just to go ahead if you have a dream okay thank you for joining us
dream okay thank you for joining us
dream okay thank you for joining us again have a great time in Korea
[Music]
[Music] [Applause]
”
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