Alibaba’s World – Porter Erisman

Alibaba's World by Perter Erisman

The cover of Alibaba’s World by Perter Erisman

“I wanted to get some real life experience. Whether I succeeded or failed was not important. Because I knew I could always take that experience back to share with my students.” – Jack Ma, an English teacher in China, when he decided to start a business.

Jack Ma is now the Chairman of Alibaba.com,the world’s largest business-to-business e-commerce site. The Alibaba Group had the largest IPO in history when they floated on the New York Stock Exchange for $220 Billion in September 2014.

Alibaba’s World by Porter Erisman is the story of how an English Teacher in China built Alibaba, the world’s largest e-commerce company.

This is what I learned from Alibaba’s World by Porter Erisman:

  • Have a clear and simple vision because setting a long term goal changes people’s mindsets.
  • From day one Alibaba had three main goals:

    • To be one of the top 10 websites in the world.
    • To be a partner to all business people
    • To build a company that lasts 80 years

    Jack Ma gave a speech at a conference in Europe and only 3 people turned up: “Don’t worry. When we come back here this place will be totally full.”

  • Business is a fun game. When he received his first email from Jack, Porter Erisman’s knew he was in for a great adventure. It read: “I’ll see you in Shanghai. Let’s go have some fun!!!” And years later when Alibaba were competing with eBay in China Jack goes, “Our war is just a fun competition with eBay. We are lucky to have a big competitor like eBay. This is a game! It’s a sport!”
  • “Today is tough, tomorrow is tougher, and the day after tomorrow is beautiful. But most die tomorrow evening and can’t see the sunshine on the day after tomorrow.” 


I loved this book. It’s here if you like:

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