A Life-Changing Advice From Jack Ma

Don’t worry about the money. Money follow the people, people should follow the dreams!

Inspiration from successful business magnates is a crucial part of business learning & making up your business mind I believe. The life experiences, rise & fall in business struggles of successful entrepreneurs gives us a chance to comprehend that making up your mind & getting ready for a business venture is tremendously important just as having finance to start a new venture. Here’s a life-changing advice from Jack Ma that inspired millions of people around the globe.

Mr. Jack Ma, a business magnate is not an unfamiliar name in today’s business world. His struggles & hardships in life & become a successful global business figure is a milestone for nurturing entrepreneurs and for those who want to become successful in life.  So what Jack Ma learned in his life to become successful in life and has given his advice? Let’s go through this in his own words.

So, I told myself and told my young people. Before 20 years old, be a good student. Where do entrepreneurs learn some experience before 30 years old? Follow somebody! Go to a small company.

Normally in a big company, it is good to learn the process. You are a part of a big machine. But when you go to a small company, you learn the passion, you learn the dreams, and you learn how to do a lot of things at one time.

So before 30 years old, it’s not which company you go to, its which boss you follow. It’s very important. A good boss teaches you differently and before you from 30 to 40 years old, you have to think very clearly. Were you working for yourself?

If you really want to be interpreted when you’re 40 to 50 years old, you have to do all the things that you are good at. don’t try to drop into the new area! It’s too late. You may be successful, but the rate of dying is too high. so, 40 to 50, think about how you can focus on things that you are good at. But when you are 50 to 60 years old, work for young people.

Because young people can do better than you. So, rely on them, and invest in them. Making sure they’re good. So, when you’re over 60 or so, spend time for yourself. The Beach sunshine Right?

25 years old Make enough mistakes. Don’t worry! you fall, you stand up, you fall your step enjoy it.

I Didn’t have a rich father. I tried three times for university, and all were filled. I applied for it 10 times. They’d only want to see me for the last time. I went to the teacher’s college which was considered the third or fourth class of my fitting. To apply for jobs 30 times, I was rejected. It was so difficult at that time. I was so frustrated because I taught at the university and my pay was ten dollars a month.

Because I could not find a good job in 1994. I discussed that I’m going to do something called the internet and 23 of them I guess that they said this is a stupid idea. We have never heard of the internet, and you know nothing about computers, and I never thought I was smart. Nobody believed that I could be successful Because everybody said Well this guy thinks differently.

They think about something that never worked. I tried to borrow 3,000 USD from the banks, which took me three months. But I still couldn’t get it. We talked to over 30 or 40 venture capitalists. Everybody said NO, forget it.

A lot of people said Alibaba is a terrible model. As I said, I believe it. I think this thing could be big. I never thought you would be that big like today. I believe that something. Something is waiting for me there and I have to work hard to prove myself. That was the tough experience

So, we gathered 50,000 US dollars. For the first three years, we do not have even one dollar of revenue from our business. That’s not easy? Why does it keep going ahead? Going forward because I received lots of emails of thanks from the customers. They say this is such a great thing we cannot obtain you.

But this thing’s helped us if you keep on helping us one day you will be successful, and I believe this. gradually we build up our business, little by little we’re good about the ecosystem of infrastructure and now after 16 years we have an Alibaba group, and we have a torball group, we have Alipay. And people said you are so smart, how could you make a company like that?

Bill Gates, Warren Buffet, Jack Welch, and Mark Zuckerberg. The difference between those people and other people, they are always optimistic about the future. They never complained, they always tried to solve the problems of others.

When you’re optimistic, It’s always an opportunity. Where is the opportunity? I don’t have a job, I don’t have this, I don’t have a debt. We are at the best time of the century, the best asset You have is that you are young. Don’t complain, let the other people complain. The opportunity Lie, always lies where people complain.

Think about how you can make things differently. Is there anything I can do? make the difference and then when you think about this, study, do it. I saw a lot of people; young people have fantastic ideas every evening. But in the morning, they go to the opposite direction. Again, being an entrepreneur, you have to do the things before the other people Do. You have to wake up before the other people wake up. You have to be brave than the others.

Use your instincts. Everything you do is to the needs of the customer. To everybody, to any person! Tomorrow is new. Make the move, make the action. Whether investors believe in it or not. Whether your friends believe it or not, whether your parents, believe it or not, That’s not important. You believe in your team. Believe it and workday and night on this. That’s how things happen. Make enough mistakes.

Don’t worry about the money. Money follows the people; people should follow their dreams. If you have a dream, just go ahead. I think nobody can conquer the world. We only can serve the world. Either work for others or work for yourself. and I choose the way I work might for myself. Working for myself means working for society. if you really want to work with yourself. Think about others because only when the other people are successful when the other people are happy, you’ll be successful, you will be happy

I think today people worry a lot about the world, about the economy. China’s economy in the world and I’m very optimistic When people start to worry. That is the opportunity. I think great innovations, Great Companies always happen in tough times.

So, I’m pretty optimistic. The opportunity in the future for equality is huge because in the last Century IT was for big companies. globalization is for big companies. But now with the technology, we can serve 80% of the companies that have never been served.

We can serve 80% of the young people that never serve. The technology for the internet is so cheap and so easy to use. One of the reasons why we grow in China E-Commerce so fast is because our Infrastructure of Commerce in China was too bad. Why is it so bad that something bad is happening today? We are working in the rural areas of China. I can never imagine that in China about 800 million people still live in rural areas of farmers and they’re close to 200 million people. Their incomes are less than one dollar per day, and before the internet, it was impossible for these guys to reach the PC because it was so difficult. Even people like me don’t know how to use a PC.

So, I’m excited about the future. I love the young kids sitting there and talking about their dream, and their hopes because if they have hope, we have hope.

We never know that we can’t grow so fast. The path to five miles covered 4500 villages These people not only they are using a very traditional way that it takes them about two hours. We went to the rural area it took the farmers two hours to work to the downtown in the middle of the town and buy things but today Because the mobile phone and we deliver we can deliver things to their homes to their Village within 72 hours.

I remember there was a girl who told me a story. She said that her grandfather’s 92 years old birthday and for his life. He always wanted to try one Western-Style food, but he lived in a rural area. There’s no such restaurant food. So, she said I tried on the internet to book a restaurant dinner for Western food delivered to that village and finally, immediately found one restaurant. There were three guys. They took a three-day bus from Shanghai to that Village, making Italian spaghetti and beef for them for their 92 Years old birthday. The whole Village was excited. Everybody said wow! you can order food, Western-style food. so, you can buy almost everything and also, we are helping.

there are a lot of Farmers who love apples Great apples. But 90% of the apples rotted because there was nobody to buy them. But now because of the internet, they sell them one by one. So, the farmers, by using the internet they can buy and sell Using a mobile phone that changes their lives, and I think it’s exciting. And people need examples when they see.

So, whenever there’s a need, or a problem, It’s our opportunity. It’s our show time to see the market economy, Entrepreneurship, and how we can develop real consumption. I think if China developed a great economy, we could have a 300 million Middle class in the next 15 to 20 years. We’re going to have a middle class. We need to import a lot So when do we start to import? That’s great. I worry a lot when we act when we export. We’ve got a terrible sky. We have terrible water and a terrible environment. When we started importing, we got better. So that’s all the great opportunity

So go ahead and we’re going to say something which I just wanted to add.  if we’re talking about the future and from my own experience and looking at all the faces here I think a huge part of the answer to your question is also to raise our little girls with the stereotype they can be the best in engineering and science and math because when they do in all of these industries it changes everything and We need to do that in this country, and we need to do that as parents in other countries

I think about when you want to talk about problems you normally are like a politician. We talk about opportunities as businesspeople. I was thinking about how we can use this. all the problems that change the problem to come to the opportunity. I just feel excited when people talk about problems.

Just think if you can solve one of them, That’s the chance. and today in this century we have many opportunities and so many Tools we can use to change other people’s lives. And I think in the last century which I called IT time, this century I called DT time, Data technology.

IT is to Empower yourself and make yourself strong, DT Is to empower others. When you empower others you empower your future, yourself. and I think that’s why we were born in this century. That’s why we can use the internet to help more people.

 

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4 Responses

  1. Wow, the message really inspiring me, its touch me all my dream, my fault, my failed even my challenging in life, though I learn about Jack Ma advice, very interesting, I really like it, I really appreciate what he say, very prefect. send me copy of the, how to success business in future.

    Rex

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