5 business advice by Jack Ma that will help in your business life.
Jack Ma has a net-worth of $40 billion. He has turn the BtoB market upside down creating the biggest BtoB platform in the world, Alibaba. In his spare time is a life and business coach. Here are some of his best advices for your business.
# IT’S NEVER TOO LATE
“Only when I was 40 years old did I start to know exactly what I wanted to do. I’ve never thought in my life I would like to be a businessman. All the other things I wanted to do I was rejected. I wanted to become a policeman and I was rejected, I wanted to be a waiter in KFC and I was rejected.”
# UNLIMITED OPPORTUNITIES
“This world today is full challenges and opportunities, 2000 years ago full challenges and opportunities, and I’m sure 2000 years later full of challenges and opportunities. It depends on how you look at it. Young people say there is no opportunity, but I think that opportunities always lies in the challenges and in the complaints. If you can solve the challenge you will be successful”.
# ENJOY THE JOURNEY
“I think life a journey. You come to this world to enjoy life, to be happier and healthier. The day when you leave this world you wanna say I’m happy with my life, I’m healthy in my life, because if you are not healthy you will never be happy”.
# FIND PEOPLE SMARTER THAN YOU
“At first I knew nothing about technology, I knew nothing about management. You have to find people smarter than you are. And when I find them, my job is to make sure that smart people can work together”.
# HAVE A PURPOSE AT EVERY AGE
“When you are 20 to 30 years old, you should follow a good boss [and] join a good company to learn how to do things properly. When you are 30 to 40 years old, if you want to do something yourself, just do it. You still can afford to lose, to fail. When you’re 40 to 50 years old, my suggestion is you should do things you are good at. When you are 50 to 60 years old, spend time training and developing young people, the next generation. When you are over 60 years old, you better stay with your grandchildren.”
is a Chinese business magnate, investor and philanthropist. He is the co-founder and executive chairman of the Alibaba Group, a multinational technology conglomerate. As of January 2019, he is one of China’s richest men, as well as one of the wealthiest people in the world. Ma is a strong proponent of an open and market-driven economy.
A prominent business figure, Ma is seen as a global ambassador for Chinese business and as such is frequently listed as one of the world’s most powerful people by Forbes. He also serves as a role model for startup businesses. In 2017, he was ranked second in the annual “World’s 50 Greatest Leaders” list by Fortune. On 10 September 2018, he announced that he will retire from Alibaba and pursue educational work