Entrepreneur identifies opportunities for business

Entrepreneur identifies opportunities for handicraftIntroductionEntrepreneur identifies of opportunities, takes risks and garners resources with an explicit focus on the creation of new products, services, knowledge or ideas ( Shane 2003). This article will introduce one of greatest entrepreneurs in ChinaMa Yun, the English name is bull Ma who is the Chairman and Chief Executive Officer (CEO) of Alibaba Group at present, he was a Forbes magazine was founded to a greater extent than 50 years to begin the crusade c all over of the first entrepreneurs in mainland China, as well as won the named Global Leader of Tomorrow. In addition, rapscallion Ma also served as coach of Softbank Group, China Yahoo, Chairman of the Board, Asia-Pacific Economic Cooperation (APEC) Business Advisory Committee under (ABAC) members, Alibaba, Hangzhou Normal University, Business School Dean, director of Huayi Brothers Media Group(http//baike.baidu.com).Background of Jack Ma and his Alibaba.comJack Ma w as born in 15th October in 1964, he hometownisHangzhouZhejiangprovince of China. Hegraduated from Hangzhou Teachers College in 1988, his major is English. After he was becamean English teacher at the HangzhouElectronicEngineeringCollege. In 1995, he has had an opportunity that visited the United States for the first time access to the internet, which was made a huge shock to him, after returning home, he established Chinese jaundiced Pages in Internet. In 1997, he joined the Chinese Ministry of Foreign Trade, the main responsible for the development of Chinese products on its official site and the online trading commercialise (http//baike.baidu.com).In 1999, he seriously considered that he resign from the government offical work. He is one of thefounders of Alibaba.com, to develop e- stock applications, particularly in Business to Business (B2B). At present,Alibaba.com is a global inter-enterprise (B2B) e-commerce well-known brands, is the worlds area of international trade withi n the largest and most active online trading market and the business community (http//tech.sina.com.cn).On the one hand, in tramp to the success of Alibaba, so that Jack Ma was invited several times to lecture the worlds leading institution of higher learning, including the University of Pennsylvania Wharton Shool, MIT, Harvard and so on. On the other hand, he was invited to Dawos AnnualMeeting concur eight timessince 2002.In addition, good location, solid structure, excellent service to make Alibaba the worlds first vane has more than 8 one million million million business e-commerce website, over 220 countries and regions around the world every solar day to businesses and merchants to provide 8.1 million commercial supply and demand information become a global business network to promote the preferred site has been business people as the most popular B2B website (http//tech.sina.com). Outstanding performance by all walks of life to make Alibabas attention. WTO Director-Genera l of Sutherland as the first Alibaba consultants, the U.S. Department of Commerce, the Japanese economy, Trade and Industry, Federation of European SMEs and other government and private agencies to local businesses recommended Alibaba (http//tech.sina.com).Jack Ma founded Alibaba media at home and abroad, and unknown venture capitalists in Silicon Valley hailed with Yahoo, Amazon, eBay, AOL par with the top five business schools on behalf of one of the Internet. It was established to promote the establishment of Chinas business credit, in the fierce international competition for small and medium enterprises has created unlimited opportunities, Let the world is not difficult to do business (Ma 2010). Jack Ma grade up the personal vendue site Taobao, successfully blazed a unique path localization in China, from the first quarter of 2005 started to become Asias largest personal auction site (http//tech.sina.com.cn). The end of 2009, Alibaba Group Chairman of the Board Jack Ma appeare d Xinhua News Agency, and young editors and reporters to conduct a open communication. This allows us to feel stiff to this young entrepreneur has been hailed as pioneering Godfather charm. His passion, wisdom, humor, as well as signature-style insolent and the Xinhua News Agency, the exciting young editors and reporters asked for the exchange of one climax after another, the hand clapping continued, laughing (Ma 2010). How could do such successful E-business as Jack Ma who do not understand programming, do not understand finance, people do not understand the design, and how to come to an Internet company today, Jakc Ma joked and said that the company someone asked him things, he was 95 percent did not know, he short did not know, but he knows who knows who should know. He said, CEOs ability that they will use someone elses head (Ma 2010). There are two approches to analysishow Jack Mapersonality characteristics make him become a great entrepreneur in the high competitive infora mtion age, including OCEAN and PEST. OCEAN (Openness, Conscientiousness, Extraversion, Agreeableness, Neuroticism) jibe to Baron and Harringtons the OCEAN diagram shows that the successful entrepreneur have the positive aspects involves Openness, Extraversion, and Neuroticism. However, the negative aspectswhich are disadvantages to the entrepreneur includes conscientiousness and agreeableness (Baron 1981). frontly, Jack Ma is an openness and Extraversion,because he is open to new experiences, intellectually curious, and asethetically sensitive to did his business Alibaba, for example, since he first time seen Internet in American, after he back home he already made decision to do business related with Internet, even though during that time he did not have any knowledge about Internet.Secondly, through Jack Mas presentations, magazines, and blogs. It can be clear that Jack Ma who is a Creative management, which means that being more creative yourself or managing others so that they can be more creative or ensuring that the system that is being managed operates more creatively (Henry 2001).For example, in 1999 when he leading his team started the E-business, he did not know the professional knowledge about Internet and computer, he just got idea, but he believe that Internet will become the main business method during in the 21st century. Although Jack Ma believe that himself is an idealistic,self-confident and ambition person, he is an openness, extraversion, and neuroticism.Jack Matends to take risks, challenges assumptions, and abrasive person. Namely, when he determined do Alibaba.com, his team group have 24 people, only one concur with his idea, the other 23 people disagreed his purpose.Howeverthese problems did not stopped his planning, he still persisted him way to did Alibaba.com and gained great successful(http//tech.sina.com.cn). Thirdly, Jack Ma is a convergent thinking which is the transit of converting all of the general ideasthe goals and non-s pecific solutionsinto the specific solutions that form an application.For example, in Alibaba.com people have word right, they can argue with the manager, they can creative new way to do business, and the com he has the idea how to do the business, while he did not understood how to do the specific and specilist job.Lastly, JackMa, he described himself that he is an idealist, his romantic idealism of this decomposable has also brought into Alibaba, Jack Ma said that Alibaba and other companies in addition to its assessment of the difference is outside the employees performance, but also the staff appraisal deputation and values. In the future, but also add an index Social welfare (http//yunma.blog.china ). As well as Jack Mas motto is that Today is very cruel, more brutal tomorrow, the day after tomorrow is very beautiful, but most of the people who died in tomorrow night, only those who can see the real heroes of the day after tomorrow the sun (Ma 2010). This is reflected that al though his mind is idealization, his action is more powerful, virtual(prenominal) and as firm as a rock. He has strong persist in his Internet dream on the road.Alibabas values which is not only the companys value, but also is Jack Mas and his team groups value. Such as the company take policies First focus on the customers concern, to provide customers with advice and information to help customers grow. Teamwork Shared-sharing in order to complete the big or small, Embrace Change Breaking through the self, to trifle the changing.Integrity honesty, integrity, keep its promises.Passion Never give up, optimism up. Dedicated a professional attitude and the usual state of mind to do extraordinary things (http//page.china.alibaba.com).PEST (Political, Economic and Environment, Social, Technology) factorsAccording to Belbins acknowledges that the preferred role is linked to reasoning ability, personality charateristics, personal values, learned behaviours, and the priorities and process es of the managers job (Belbin 1993).For example the Alibaba.com catched the best opportunities to set up E-business on Internet. The Value perspect= permission, ideas and realistic connected togetherSocial responsibilityCharity, environmentPoliticalCustomer, employees, stakeholdersSecondly, The entrepreneurs organizationTeam group, trust, loyalty, goal, adhere to for example in 1999, 18 people organiza Alibaba. No money, no Lastly, The external environment economic problem, kindly problem, Creaitve new way to management the future, open, share, responsble, globlization. ConclusionAlibaba the next one tenth anniversary of the three objectives First, they want to the worlds 10 million small businesses to provide equal platform second, to create a million jobs Taobao online last year, the direct creation of employment opportunities At 1.7 million, 180 million per year, an increase of 2.5 million logistics industry, many employees because Taobao third, one billion people worldwide con sumer platforms.The world is needed is a more open, more sharing, more the responsibility of the social needs of a community-oriented enterprises, and from the community and serve the society for the future of social responsibility of business is full of responsibility, the world needs is a kind of sacred , a culture, a belief, a dream.