Finally I would like to give you guys another example, Ma Yun. He is an entrepreneur, who founded Alibaba. It’s just like ebay or Amazon here. But you know ten years ago, this internet business industry is pretty new for Chinese people. He faced a lot of challenges at first, he has only 7 people with only 500 dollars to start. So he knows that your colleagues and your employees are the most important. He never overstate a certain format of doing business, because there are always some conflicts between business and ethics.
(These are the three most famous quotes from him. When you face a catastrophe you should consider your customers, your employees. The last is your competitors.)
(If you give me 20 best engineers I can build up another Alibaba again)
(you should spend more time on the people working for you, they are the most valuable assets.)
Here’s what he did last year. Since the Chinese economy was in a crisis, and the housing bubble burst out, the housing price went ridiculously high. People cannot afford to buy their own houses. Banks also are unwilling to lend money to individuals. Ma yun distributed 3 billion yuan from the net income to help his employees make a mortgage. He called the plan Ihome. He also provide 20 million yuan to help employees’ children to get better education. But if you look at the company’s profit the next year, you will find out it increased more than 8%. The workers were more productive and have more sense of belonging to the company.