Nov 10, 2013
Michael Covel talks with Porter Erisman. His documentary film “Crocodile in the Yangtze” is the story of Chinese entrepreneur Jack Ma. Jack has assembled a net worth of over 3B USD all started from one little e-commerce site called Alibaba. Erisman’s film is a great window in to the cultural differences and similarities that exist across the countries of our planet. Even more specifically, it is an entrepreneurial manifesto for EVERYONE. Covel and Erisman discuss what it was like working with Ma; short-term vs. long-term entrepreneurs; the lack of knowledge/insight America has for China; the perceived threat of China to America; whether nationalism played into Ma’s success; the commonalities between the greatest internet entrepreneurial success stories; government interference with Alibaba; and how eBay was defeated by this small startup in China. More information can be found at www.crocodileintheyangtze.com. Free Covel trend following DVD: www.trendfollowing.com/win.