Excerpts from his speech:
In 1994, I was 30 years old, and I had been teaching for six years. I had graduated from Hangzhou Normal University and was the only one of my classmates teaching at a college. Our school president told me, ‘Jack Ma you’ll be teaching at a college, you shouldn’t leave there for at least five years.’ When I finally made it to my sixth year, it felt like having completed a prison sentence.
That year I went to America and discovered the internet. After I came back I began preparing to do a startup. I didn’t know how to do a startup and I didn’t have any experience. After coming back I told our school president I was getting ready to do a startup on this thing called internet. He was a Stanford grad who had studied computers, but after explaining it to him for quite a while he still didn’t get it, and I didn’t really get it either.
This is an excerpt from Tech in Asia. You can read the full article here.