【商業智慧】阿里巴巴創辦人馬雲：很多人失敗的原因不是錢太少，而是錢太多 Alibaba founder Jack Ma: The reason many people fail is not that they have too little money, but rather because they have too much money
As a leading player in China's internet industry, Alibaba has confronted various hurdles such as economic downturns, and uncertain future prospects. Despite these challenges, Alibaba has managed to make a remarkable comeback. Alibaba founder Jack Ma once stated, "The reason many people fail is not that they have too little money, but rather because they have too much money."
In the year 2000, Alibaba's future looked promising. Even the British CNN television network lauded, "Alibaba is the first Chinese internet company to venture into the West." It attracted significant investments from international investment banks like Goldman Sachs and SoftBank. Ma himself became the centre of attention. Consequently, Ma began expanding the company aggressively. He relocated the headquarters to the United States, established offices worldwide, and even hired vice presidents from Fortune 500 companies and foreign employees as company executives. However, this prosperity did not come without challenges. The rapid expansion failed to yield success, ultimately plunging the company into a predicament.
By the end of 2000, the internet bubble burst, causing many internet companies to collapse, and Alibaba found itself facing a crisis. It was during this time that Ma realised the company had been too focused on spending money, neglecting the practical aspects of its operations. This led to a disorganised organisational structure, a lack of coordination between new and existing employees, and each employee operating independently. Additionally, the entire industry was in a downturn, with 90% of internet companies going bankrupt. Ma finally recognized the imperative need for change within the company.
Therefore, Jack Ma led the team through comprehensive rectification and reform. He hired former General Electric executive, Savio Kwan, as Alibaba's COO. Kwan reorganised the organisational structure, streamlined unnecessary offices and staff, and reduced expenses. At the same time, Ma instilled a shared set of values and goals within the team, allowing everyone to regain direction and motivation. Ultimately, Alibaba weathered the arduous challenges and achieved profitability by the end of 2003.
In the business world, moderate challenges and pressure can stimulate innovation and growth, while excessive wealth can become an obstacle. Having too much money can lead people astray, whereas true success requires clear goals and effective management.