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Jack Ma
Jack Ma Net Worth
$48.4 Billion
Source of Wealth
e-commerce, Founder of Alibaba
Nationality
Chinese
Education
Hangzhou Normal University
Jack Ma is the founder of one of the largest internet companies in the world, Alibaba. With more than 90% market share in e-commerce, this business magnate has made some wise decisions - some that were considered crazy at first, but proved to be right.
Since its foundation in 1999, Alibaba Group has grown to include different businesses such as Taobao Marketplace (online shopping), Tmall. Alipay (payment processing, similiar to paypal), eTao (product search engine, created by Alibaba Group)
Jack Ma was born on September 10, 1964, in Hangzhou, Zhejiang, China. He began learning English at an early age. To learn English, he used to travel 27 kilometers by bicycle in order to get to an international tourist hotel. Later in 1995, on a trip to the United States, he learned about the internet and then decided to launch an e-commerce site, Alibaba.
1. "Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine." - Jack Ma
2. "This is my advice to the young people: Make enough mistakes. Don't worry … You fall, You stand-up ... Any mistake is an income, is a wonderful revenue." - Jack Ma
3. "I never thought I was smart. Nobody believed that I could be successful." - Jack Ma
4. "I have to work hard to prove myself." - Jack Ma
5. "If you have a dream, just go ahead." - Jack Ma
6. "We keep our dreams, we believe it; No matter how big your dream is, make small tiny steps ahead." - Jack Ma
7. "If you want to be successful, learn from other people's mistakes, not their success. No matter how smart you are, you will encounter these mistakes, and you'll know how to deal with them." - Jack Ma
8. "Leadership is your instinct, then it's your training. Leaders are always positive, they never complain." - Jack Ma
9. "Life is like music. You have an up, you have a down, you have a long, you have short notes. I like the american movie, Life is like a box of chocolate, you never know what you are going to get." - Jack Ma
10. "Bill Gates, Warren Buffet, Jack Welch, Mark Zuckerberg, Larry Page… the difference between these people and other people, they are always optimistic for the future. They never complained, they always tried to solve the problems of others. When you're optimistic, it’s always an opportunity." - Jack Ma
11. "A real businessman or entrepreneur has no enemies. Once he understands this, the sky's the limit." - Jack Ma
12. "On the path to success, you will notice that the successful ones are not whiners, nor do they complain often." - Jack Ma
13. "The very important thing you should have is patience." - Jack Ma
14. "You need the right people, not the best people." - Jack Ma
15. "I saw a lot of young people who have fantastic ideas every evening. But in the morning they go to the same office 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 more brave than the others." - Jack Ma
16. "You should learn from your competitor, but never copy. Copy and you die." - Jack Ma
17. "Before I left China, I was educated that China was the richest, happiest country in the world. So when I arrived in Australia, I thought, 'Oh my God, everything is different from what I was told.' Since then, I started to think differently." - Jack Ma
18. "I don't want to be liked. I want to be respected." - Jack Ma
19. "Today, making money is very simple. But making sustainable money while being responsible to the society and improving the world is very difficult." - Jack Ma
20. "If we are a good team and know what we want to do, one of us can defeat ten of them." - Jack Ma
20. "If we are a good team and know what we want to do, one of us can defeat ten of them." - Jack Ma
21. "If you've never tried, how will you ever know if there's any chance?" - Jack Ma
22. "Stay foolish to your dream and continue to fight." - Jack Ma
23. "It doesn't matter if I failed. At least I passed the concept on to others. Even if I don't succeed, someone will succeed." - Jack Ma
24. "We're never in lack of money. We lack people with dreams, people who can die for those dreams." - Jack Ma
25. "If you don't give up, you still have a chance. Giving up is the greatest failure." - Jack Ma
26. "When people think too highly of you, you have the responsibility to calm down and be yourself." - Jack Ma
27. "If you put bananas and money in front of monkeys. They will choose bananas because monkeys do not know that money can buy more bananas. In reality, if you offer job and business to people. They would choose a job; Because most people do not know that business can bring more money than salaries. Salaries can make you a living, but profits can bring you a fortune." - Jack Ma
28. "Once in your life, try something. Work hard at something. Try to change. Nothing bad can happen." - Jack Ma
29. "A leader should incentivize, but not with money. You give trust, respect, appreciation, and correct, heartfelt advice." - Jack Ma
30. "If there are nine rabbits on the ground, if you want to catch the rabbit, don't change the rabbit; Change yourself. Stick to one rabbit." - Jack Ma
3 Life Lessons From Jack Ma:
1. Never Give Up
Jack Ma applied for 31 jobs and was rejected by each one. In an interview with Charlie Rose he said, "I went for a job with the police; they said, 'You're no good' ... I even went to KFC when it came to my city. Twenty-four people went for the job. Twenty-three were accepted. I was the only guy rejected..." He even applied for Harvard, 10 times each time rejected. Still he refused to give up. It wasn't easy but he found a way to succeed. Ma was selected as a 'Young Global Leader' by the World Economic Forum in September 2005.
2. Hard Work Beats Talent
Even though he's not a science guy, his commitment to his goal beats talent.
3. Believe In Yourself
He continued to pursue his dreams even when no one believed he could succeed, when most people believed his ideas to be crazy. Eventually, he became one of the richest people in the world.
Conclusion:
Jack Ma is an iconic figure, and his wise words can help you become a better person. By following the advice in this article, you will be able to develop yourself into the best version of yourself possible. If there is anything else we can do for you, please let us know by commenting.