Jack Ma’s Tips on Business, Opportunity and Success
Jack Ma is one of the richest people in the world, the founder of the Alibaba Group and the multi-millionaire who is called “Asian Bill Gates.” He became the first Chinese entrepreneur to appear on the cover of Forbes. At the age of 12, Jack worked in a hotel, offering tourists excursions in exchange for communication in English. Later – three times unsuccessfully tried to enter prestigious universities in Hangzhou, and 10 times – to Harvard. And becoming famous, he returned there with a lecture.
Jack retained an innovative outlook on the world, and in 1994 firmly believed in the Internet when he met him during a trip to USA. Ma didn’t even know how to use the keyboard, but already knew that the Internet was a huge field of prospects.
He conceived what many Chinese manufacturers lacked – it was easy to sell products abroad. To many, the goal seemed crazy and unattainable, but in 1999 Alibaba.com was founded, which spawned and combined the largest e-commerce platforms..
We’ve put together Jack Ma’s tips for those who want to succeed, find their business, and remain a happy person..
1. Can’t find a good job – create it
According to Jack, complaints about circumstances or failures do nothing. All successful entrepreneurs such as Bill Gates, Jack Welch, Mark Zuckerberg, Warren Buffet, Larry Page are optimists looking to the future. They never complain. They are always trying to solve the problems of others. Be optimistic and don’t blame bad results on anyone or anything. Believe in the best and work. If you have never tried, then how do you know if there is any chance?
2. Look for your opportunities where others complain
Jack Ma’s advice is not without it. Attention to the outside world is exactly what made Ma who he is. Small Chinese manufacturers and sellers complained about the lack of a sales market and the limited opportunities for international trade. He studied the problem and used the Internet to solve it..
3. Remember your goal and assemble a team that believes in the project as much
For Jack Ma, collaboration with people who are inspired by the project is fundamental. For this reason, it is important to speak honestly and honestly with the team about what you want to do. Be loyal to the dream and convince others that it can be realized.
It doesn’t matter what investors think. No matter what your parents think. No matter what your friends think. It is important that you and your team believe in the attainability of the goal and are ready to work on it day and night. If we are a good team, and we know what we want, 1 of us can win 10 of them – says Jack.
4. Follow the innovative spirit
The novelty and prospects of the business model, according to Ma, is the basis. Company size and turnover is not the main thing. Much more important is the decision, which has an innovative meaning, emphasis on development. But you should not think critically about everything and strive to always do it your own way. A successful business does not need to reinvent the wheel; it needs sound innovations. If you are small, you should focus and rely on your brain, not on strength.
5. Help people
The business model should be based on assistance. Only when other people are happy can you talk about yourself as a successful person.
The example is obvious – small sellers have always thanked Jack Ma for creating a system that simplified the sale of products as much as possible. Alibaba Group sites (Aliexpress, TMall, TaoBao, AliPay) now have over 100 million daily customers. And this audience allows you to earn 50 million small companies.
6. Do not think about lost opportunities
According to Jack Ma, there are always opportunities, you just have to try to find them. At one of the many conferences, he said an interesting thing about the evolution of the Internet. The last 20 years – this is the time of information technology, which previously developed inland, and now – in breadth. IT today is not only science, complex computing or high technology, but also “smart” homes, the intern of things. It supports growth and strengthens Alibaba Group.
But we are entering a new stage in the evolution of the Internet. We are moving away from the era of “I have information, but you don’t have” towards “you have information, I don’t, but I don’t need it.” This is an era of sharing and responsibility for information. Now we are all equal, we all start with the same starting line. Explore the Internet further and look for new things in it..
7. Get ready for the challenges.
If you decide to start a business, know that for this you will have to give up a steady income, vacation and a stable weekend. Most likely, for some time you will not receive any profit from your business. But, if you really believe in him, no need to worry. Today it’s difficult for you, tomorrow it will be even more difficult, but the day after tomorrow everything will be fine.
These are just some of Jack Ma’s tips from a Chinese billionaire to beginners and experienced entrepreneurs. We hope that they will inspire and support you in starting to implement your own idea or not quit an already launched business.
“If you don’t give up, then you still have a chance. Biggest Failure – Quit Everything ”- Jack Ma.
Read: Think Like Zuckerberg: Facebook founder quotes about life, inspiration and business
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