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Jack Ma - How to Make a Small Business Successful



Do you want to know how to make a small business successful? Do you want to know why SMEs are important? Do you want to know how to succeed in your startup? In this video, Jack Ma shares his thoughts about why SMEs are important in the economy. He gives tips on how to succeed even if you've just started your business. You will definitely learn a lot about how to make a small business successful and you'll be inspired after watching this video.

Who is Jack Ma? Ma Yun (Chinese: ??, [ma` y?n]; born September 10, 1964), known professionally as Jack Ma, is a Chinese business magnate who is the founder and executive chairman of Alibaba Group, a family of successful Internet-based businesses. In 2004, China Central Television and its viewers selected Ma as one of the "Top 10 Business Leaders of the Year". In Sep 2005, World Economic Forum selected Ma as a "Young Global Leader". Fortune Magazine also selected him as one of the "25 Most Powerful Businessperson in Asia". Businessweek also selected him as a "Businessperson of the Year" in 2007, and Barron's chose him as one of the 30 "World’s Best CEOs" in 2008. In May 2009, Time magazine selected Ma as one of the world’s 100 most powerful people. In reporting Ma’s accomplishments, Adi Ignatius, former Time senior editor and editor-in-chief of the Harvard Business Review, noted that "the Chinese Internet entrepreneur is soft-spoken and elflike — and he speaks really good English" and remarked that "Taobao.com, Mr. Ma's consumer-auction website, conquered eBay in China." In 2014, he was again included in the list. BusinessWeek chose him as one of China's Most Powerful People,. Forbes China also selected him as one of the Top 10 Most Respected Entrepreneurs in China by in 2009. Ma received the 2009 CCTV Economic Person of the Year: Business Leaders of the Decade Award. In 2010, Ma was selected by Forbes Asia as one of Asia’s Heroes of Philanthropy for his contribution to disaster relief and poverty. In 2011 it was announced that one of his companies had gained control of Alipay, formerly a subsidiary of Alibaba Group, so as to "comply with Chinese law governing payment companies in order to secure a license to continue operating Alipay. Numerous analysts reported that Ma sold Alipay to himself below market value without notifying the board of Alibaba Group or the other major owners Yahoo and Softbank, while Ma stated that Alibaba Group's board of directors were aware of the transaction. The ownership dispute was resolved by Alibaba Group, Yahoo! and Softbank in July 2011. Ma was awarded an honorary doctoral degree by the Hong Kong University of Science and Technology in November 2013. Ma is a board member of Japan’s SoftBank and China’s Huayi Brothers Media Corporation. He became a trustee of The Nature Conservancy’s China program in 2009 and joined its global board of directors in April 2010. In 2013, he became chairman of the board for The Nature Conservancy's China Program; this was one day after he stepped down from Alibaba as company CEO. Ma is the first Chinese citizen to serve on The Nature Conservancy’s board. In 2014, he was ranked as the 30th most powerful person in the world in an annual ranking published by Forbes. In 2015, Asian Award honoured him with the Entrepreneur of the Year award. In 2017, Fortune ranked Ma second on its World's 50 Greatest Leaders list.

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Item Reviewed: Jack Ma - How to Make a Small Business Successful Rating: 5 Reviewed By: PRASHANT ENTERPRISES