I would love to discuss something about the failures mistakes we made the thing I feel most thankful is all the mistakes of the refuse that I got because without that it will never be Alibaba in the past 18 years every day we make mistakes every day we will reject it I think be rejected be refused by people that is very natural why people should help you you have to prove yourself then people would help you Alibaba was not a mate today Alibaba was made 18 years ago in my apartment the believing that using internet Empower
others using in Internet to help young people small business and women will have bright future so it's been 18 years hard of working we came here today there are a lot of books about us I don't read these books because I think this book's not about us people love to see successful stories but most of the success stories they succeed because of the mistakes I encouraging all the young people entrepreneurs to learn from the mistakes do not study successful stories successful successful stories in the Harvard Business School normally you know there are a lot of
things behind you don't know but if you learn from the mistakes if you learn especially the famous cases studies it's going to help you what I want to say it's not about you you learn from mistakes does not mean you wouldn't avoid mistakes you will learn the attitude towards these mistakes and never give up fighting again of course it's been very painful when you are rejected when you're refused I went to all around looking for money nobody gave us the money I all go around looking for Partnerships nobody believe small business and e-commerce in China
will work I was very painful that day and when I saw one movie Forrest the gum I love that movie especially descendants said mom said life like a box of chocolate you never know what you're gonna get so stay full stay foolish to your dream and continue to fight so this is what we did as an entrepreneur we never complain when people complain the opportunity comes so if you can solve the complaints that is your opportunity so I love to when I talk to the entrepreneurs I feel excited when I'm sitting there listen to the
the entrepreneurs talk I feel so inspired I feel we are the same animal the difference between big company and small company is not about Revenue it's about the dream the small companies have the dreams most of the big companies when they get certain size they only have kpi as I said to myself early days if there are nine Rapids on the ground if you want to catch the rabbit don't change the rabbit change yourself stick to one rabbit if you have the dream stick to other dream that is what I believe Alibaba started 18 years
ago we never changed our Dream We Believe e-commerce We Believe internet We Believe by helping young people helping small business and helping Empower women we will have the future this is what we believe 18 years ago 18 people in my apartment when we had this dream where we started everybody say you guys are crazy how can you do e-commerce no infrastructure no credit system no Logistics no this no that how could you do internet we say if there's no logistic that's a building if there's no credit system let's build it that is why we need
they need entrepreneur [Music]
