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What are the stories of diligent study by modern people?
Jack Ma’s Entrepreneurship Experience Jack Ma, the founder of Alibaba, is known as the “Godfather of Entrepreneurship”. The hardships of starting a business in the past and the recent glory and glory have made this outstanding entrepreneur have an endless aura lingering around him. Let’s take a look at Jack Ma’s entrepreneurial story and listen to his entrepreneurial experience, great dreams, business philosophy and life. Enlightenment. Alibaba is undoubtedly a miracle in the history of China's Internet. This miracle was created by Jack Ma and his team. But when Alibaba started its business, it didn't have much money, only 500,000, which was scrapped together by 18 people. 500,000 is their entire family fortune. However, it was with these 500,000 that Jack Ma made this declaration: We want to build the world's largest e-commerce company and enter the top ten global websites! That was 1999. In 1999, China's Internet had entered a feverish state. Foreign venture capitalists were investing money crazily in Chinese Internet companies, and Internet companies were also burning money like crazy. 500,000 is just a small advertising fee for large portals like Sina, Sohu, and NetEase. It was quite difficult for Alibaba to start a business. Each person's salary was only 500 yuan, and the company's expenses were spent in half. When going out to do errands, we should carry forward the spirit of "basically walking when going out" and rarely take a taxi. It is said that one time, everyone went out to buy things. There were a lot of things, and they had no choice but to take a taxi. Everyone waved to taxis on the road, and when a Santana came, they waved and refused to sit. They waited until a Xiali arrived before they got in it, because the cost of Xiali per kilometer was 2 yuan cheaper than that of Santana. Alibaba once reached a point where it was almost unsustainable due to funding problems. 8 years have passed. On November 6, 2007, Alibaba was listed on the Hong Kong Stock Exchange with a market value of US$20 billion, making it the largest Internet company in China by market value. Jack Ma and his entrepreneurial team created the biggest miracle in the history of China’s Internet. Most people in China who want to start a business are the same. They think about thousands of ways at night and take the same path when they get up in the morning. They are much smarter than Jack Ma and can come up with many good entrepreneurial ideas, but they have never implemented them. Because they have too many excuses and reasons. "I have no money." They all thought. So, they continue to live their mediocre lives. Today I saw Yu Minhong’s speech at the 2008 opening ceremony of Peking University. Yu Minhong said this at the end of his speech, which moved me very much. He said: A person’s life is a life of struggle, but some people live a happy life. Great, some people live a very trivial life. If we have a great ideal and a kind heart, we will surely be able to pile up many trivial days and turn them into a great life. But if you are mediocre every day, have no ideals, and stop making progress, then your whole life will always be a pile of trivial matters. After reading this, will you still make excuses for not having the funds to start your own business or other things? What you have to do is: when you think of it, do it immediately! Like Jack Ma, as long as you work hard, there is actually no you in the world. Something that cannot be done! Zhang Chaoyang, male, founder of Sohu. Born in Xi'an, Shaanxi Province, China in 1964, he graduated from the Department of Physics of Tsinghua University in Beijing in 1986. In the same year, he received the Lee Tsung-Dao Scholarship to study in the United States and studied at the Massachusetts Institute of Technology. He received his PhD from the Massachusetts Institute of Technology in the United States at the end of 1993 and continued to engage in postdoctoral research at MIT. Celebrity Entrepreneurship Story 2 Kaifu Lee recounts his first entrepreneurial experience in high school Kaifu Lee: He was once a mischievous "little emperor", an 11-year-old "overseas student", Obama's college classmate, a 26-year-old associate professor, a 33-year-old Apple vice president, and Google China , is now the founder and CEO of Innovation Factory. He has too many legendary experiences. Because of him, two of the largest IT companies went to court. And every life of his is a successful self-transcendence. In 1977, I participated in the "High School Student Entrepreneurship Attempt" course organized by Junior Achievement in the United States for the first time. Students will start a student company under the guidance of business volunteers, sell shares, hold shareholder meetings, run for managers, produce and sell products, register finances, conduct appraisals, and liquidate the company. Through study and practice, we learn how business operates and understand the structure of the market economic system and the benefits it brings. In this course, students will serve as employees and elect a president, who will set the company name, product launches, and target customers. At that time, I was elected as the vice president in charge of marketing, responsible for sales.
I remember that year, the company we founded was very simple. We bought steel from the local building materials market, and then asked students to use their weekends to go to the factory to process the steel. We cut the steel into very small circles. ring, and then simply carve the ring. This small metal ring is specially used to fasten the tablecloth. At that time, every weekend, many students gathered in the factory to make carvings. In the process of promotion, I suggested that parents of students buy it, even though they don't actually need it. In the end, although the company was profitable, these products were almost digested internally. With this personal participation, the 15-year-old me suddenly realized that a truly good product does not actually require people to buy it, but that it must have market demand. A truly good product requires someone to hold your hand and come. I beg you, and our company is not only a labor-intensive enterprise, but also begging relatives to buy face-saving products, which is obviously not a successful attempt. However, this has fully laid the foundation for the next success. In 1978, the fiery passion began to burn in my heart again. With the sponsorship of Union Carbide, I decided to participate in the "High School Student Entrepreneurship Tryout" organized by JA for the second time. But this time, what is different is that I stand up and run for president. In my impassioned speech, I combined with the pain I experienced last time and said, "My products must have new ideas. Instead of waiting for customers and looking at them with pleading eyes to buy with a charity mood, I must have new ideas." Buy our products with excited eyes and a sense of surprise.” Under such incitement, the students unanimously voted for me, and for the first time, I proudly wrote on the company’s leadership list, President: Kai-Fu Lee. The business opportunities in front of me gave me courage. I am very glad that I took this course again and experienced the feeling of building a company for the first time. To this day, when I dug out the 1979 company report from the bookcase and saw the yellowed report "J?A?S?T, A JUNIOR ACHIEVEMENT COMPANY" typed out on a typewriter, I can still feel it. To the young and enthusiastic heart of that year. In 1978, the lunch period at Oak Ridge Middle School was shortened by the school. Some students kept reporting the situation to the school to no avail. For a while, the school and students were in an anxious state of confrontation. Without the school magazine I run, how can I express my feelings? At this time, I suddenly thought, why not use this opportunity to start a company? We can specialize in producing T-shirts and write slogans on the T-shirts, such as "Extended lunch time" "Wait, this kind of T-shirt will definitely be popular among the students. As soon as the idea came up, it coincided with a few close friends. Inspired by the passion, we quickly elected a leadership team. In addition to me being elected as president, the vice president of marketing is Mike Eisenberg, and the vice president of production is David Elias. In addition, , as well as the vice president in charge of human resources, secretary, etc. As president, I organized weekly employee meetings. In the 1979 company report, I clearly wrote, “During the severe winter of 1979, the heating system in the place where we held our meetings failed. Therefore, we had to wait for the whole month of February. meetings have been cancelled. Despite this, our attendance rate has remained high, with four employees maintaining full attendance throughout the year. We believe this is because employees recognize our mission. There are not many employees, and almost every employee is involved in every aspect of product production. Our last meeting was held on May 3, 1979. "As the leader of the company, I first faced the problem of capital chain. In addition to sponsorship from a company, we initiated more than 100 shareholders to invest in our company, and then found a T-shirt production factory in Oak Ridge to produce T-shirts for us. Each T-shirt says "Longer Lunch" and also depicts a very long and cute dachshund. The first batch of T-shirts we produced were pure cotton, but we quickly discovered that such products would shrink and fade. Therefore, everyone unanimously discussed and decided that only by adding 35% man-made fiber or polyester to the T-shirt material can the product quality be guaranteed. After several rounds of experiments, we found that when the T-shirt material is composed of 50% cotton and 50% polyester, it will neither shrink nor fade, although this will increase the cost of the T-shirt a little. At that time, we used "direct sales" to sell T-shirts. For example, we found families with high school students and knocked on doors one by one to sell them. Although the effect was good, the sales progress was indeed slow.
After two weeks, we only sold a few dozen T-shirts, which felt like we were not on a large scale. So, after Christmas in 1978, we boldly adopted a new sales model and looked for wholesalers and specialty stores. We sold 100 pieces to wholesalers and 60 pieces to local retailers at once. We will give wholesalers a commission of about 10%. According to my records from that year, "Sharon and Shersa were the two best salespeople" because they developed the latest channels. However, our group of high school students were not familiar with the machine after all, and many T-shirts made mistakes during the printing process of dachshunds and were scrapped. The "failure rate" existing in this production process affects our net profit to a certain extent. In the report of that year, our confusion was clearly recorded, "One of the problems we encountered during the production process was that our failure rate exceeded our original target of 5% and was as high as 16%. This affected Our profit.” But everyone took home a lot of discarded T-shirts to use as work clothes or as rags. By the middle of 1979, I had a thorough understanding of the entire process of setting up a company. For the first time, I wrote a decent financial report for the company, including not only the "Income Report", "Balance Sheet", and "Liquidation Report". For the first time, I learned that the operation of a company requires smooth cash flow. We knew that wholesalers have very strict requirements for payment, and it takes them 30 days to settle the bill for us. I also learned for the first time that the Tennessee tax rate does not apply when we sell to companies outside of Tennessee. When writing the financial report, we were pleasantly surprised to find that each shareholder received a return of $64.90. This result created the highest return rate for a company in the history of our high school. What makes me even more proud is that after evaluation, this company won first place in the National Junior Achievement in 1978 and became the "Company of the Year" that year. This small success brought me not only monetary gains, but also a belief that "I can succeed." It gave me an unprecedented and precious sense of accomplishment, gave me the urge to be fearless in life, and gave me the courage to build a new world. Just like when I first read out how much 1/7 equals when I first arrived in the United States, others thought I was a mathematical genius, and I got psychological hints from this encouragement. This kind of psychological suggestion always affects my future choices, life, and behavior. Dare to choose and have a brave heart, this is the first step towards success
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