Invest in Russia — invest in Russian regions!
All analytics

The future is always better

Expert opinion
6 June 2020
«Всегда надо думать о хорошем, даже когда наступают непростые времена»
Release date
06/06/2020
Authors

Founder of Alibaba Group Jack Yun Ma was one of the main guests at SPIEF 2015. He spoke at the session «From IT to DT: A New Era for Commerce and Trade». Interestingly, the focus of his talk was more on people than technology.

Hope

I believe because of these young people the world is going to be growing faster. They breathe, they eat, they drink the Internet, and they are our hope. I believe because of these young people the world is going to be growing faster. And I think we should design a new rule for this new generation.

The most important thing about global trade

I believe next over twenty years the world trade should be focusing on small business. My belief and Alibaba’s belief is that global trade is not the power, the global trade is the right and the freedom of any business, and it should benefit the business of any size. So this is what we believe and we want to make sure that global trade really benefits because of the Internet.

Advice for the next generation

My advice to young people would be — do not conquer the world, serve the world. It is impossible to conquer the world. When you want to conquer the world, you will be in trouble. So I think if you want to change the world, change yourself first, change your behaviour and focus on the dream, you should do it not because your father wants you to do it, you should do it not because people think it is right, you should do it because you believe it works. And you cannot do it alone; you have to do it together with people. If you really want to do it, think about it clearly, and persist it.

Success

You should know that nothing can be successful next day. You have to think ’if I do it, is it possible I wait five years later, ten years later. So think about the future, remember the dreams. And work with a team. And also, do not worry about mistakes,

What doing business actually means

Doing business is like going to the battlefield. Those people who survive are the winners. So to learn how people feel is more important than to learn why people succeed. I think if you want to be successful, learn why people feel.

Behaviour

If there are nine rabbits on the ground, if you want to catch a rabbit, change yourself but do not change the rabbit, stick to one rabbit first. That is philosophy.

Why he decided to appear at SPIEF

But my purpose of coming to Russia this time is I want to try to convince the young Russian people, I want to convince the Russian small business, using the Internet, using e-commerce to the other part of the world. Try to sell things everywhere in the world

Women and young people

The reasons that Alibaba grew is that we have women and young people, we rely on them. And the next ten years we have confidence in what we are doing. We will improve our e-commerce, we will improve our financial system to support small business, we will improve the logistic system to support small business, we will improve the data technology to support small business, we will help build up the cross-board thing. On the Internet nobody cares whether you are a man or a woman, they care whether you serve them well or not.

Role models

Always think that the best role models are the people you can feel, you can touch, you can communicate with. The role models are not only in the movies.

Pursuing your dream

I tell the people joining me not to work for me, but to work for their dream, because I work for my dream. So this is very important.

Mutual understanding

in China there is a saying: It takes you a thousand years’ effort to be on the same boat. And I think it takes ten thousand years together we are in the same company. So treat each other well.

The future

The future is always better. In ten years’ time there will be more successful Russian companies than today. Ten years later there will be more successful young people than today. The future is always better.

A full broadcast of the session: https://roscongress.org/en/sessions/ot-informatsionnykh-tekhnologiy-k-tsifrovym-epokha-novykh-vozmozhnostey-dlya-torgovli-i-kommerchesko/translation/

Anlytics on the topic

All analytics
Research
6 August 2020
Are you reframing your future or is the future reframing you?

In the context of the global reboot triggered by the coronavirus pandemic, EY experts in their research suggest the concept of EY Megatrends to today’s leaders as a basis for perceiving the unprecedented changes and for updating their development strategy.

Research
11 May 2021
World Development Report 2021: Data for Better Lives

World Development Report 2021: Data for Better Lives produced by the World Bank Group studies data governance and challenges faced by the global community in data handling. The report aims to answer two fundamental questions: how can data better advance development objectives and what kind of arrangements are needed to support the generation and use of data in a safe and secure way?

Research
15 October 2019
Digital era in retail: Future success depends on the ability to adjust to digitized environment now

PwC, the knowledge partner of St. Petersburg International Economic Forum, has done a study of digitization in retail which was presented at the Technology and Leadership in Digital Retail session of the forum.