13/07/2022
Good morning
गुरुर्ब्रह्मा ग्रुरुर्विष्णुः गुरुर्देवो महेश्वरः। गुरुः साक्षात् परं ब्रह्म तस्मै श्री गुरवे नमः।। खण्डमण्डलाकारं व्याप्तं येन चराचरम्। तत्पदं दर्शितं येन तस्मै श्रीगुरवे नमः।।
Happy Guru Purnima
A inspirational story
The lady is Tong Wenhong. She joined Alibaba 16 years ago as a receptionist.
When Jack Ma was allocating company shares, he gave Tong 0.2% shares right saying it will worth 100 million when Alibaba goes public into the market later. He asked her to just stay in the company, don’t change to other companies and she will get 100 million when Alibaba goes public.
She waited years but Alibaba never went public. She asked Jack when will Alibaba go public in 2004 and Jack said soon. She asked again in 2006 and JackMa said soon, again.
However, she never saw it happen and never got 100 million. When Alibaba finally went public in the New York Stock Exchange in September 2014, it was worth 245.7 billion. Tong, the former senior receptionist, current Vice President of Alibaba, became a millionaire from a receptionist with 320 million worth.
Entrepreneurship is the 16 character word where the 6th letter P stands for Patience. Most startups end on this 6th stage because of lack of patience.
Whenever I am going to give up my dreams I read this story when a receptionist have this much patience then how can I give up.
My takeaway from this:
1. Patience is the key.
2. No matter what you do, trust your leader.
3. You're here for the long hall if you're supporting & scaling the busienss