If the thought of your own career and finance upsets you, then Chinese billionaire Jack Ma has advice for you.
Ma is a Chinese entrepreneur who founded the Alibaba Group and amassed a multibillion-dollar fortune despite all the difficulties. He was named "Person of the Year" by the Financial Times in 2013 and is often cited as an example of the Chinese entrepreneurial spirit. Ready to take Ma's advice in managing your professional and financial life? Copy the tips that motivate you the most, save them to your computer, print them out and put them in your wallet.
Jack Ma, founder of Alibaba.com, is the first Chinese businessman to be featured on the cover of Forbes. He is the richest man in China and the eighteenth on the list of the richest people in the world. And here are 10 rules for his success.
Bemorepanda gives you the opportunity to feel like you're in a dialogue with Jack Ma. If you feel demotivated and unenthusiastic, here is Jack Ma's speech to you.
1. Get used to rejection.
After graduating from university, I failed my entrance exams three times. I applied for a job as many as 30 times, but I was refused, I wanted to work as a police officer, but I was told. Out of five applicants they took 4. I was the only one who was refused.
I even tried to work at KFC when they were just opening a network in China, 24 people wanted to get a job and 23 of them were accepted. I was the only one who was refused.”
So I'm used to being rejected, by the way, I applied to Harvard 10 times and was rejected. I knew that they would refuse me, I just wanted to be convinced of this now, and then I said to myself: "Someday, perhaps, I will teach there.
2. Hold on to your dreams.
We have the secret code of success, Ali Baba, the secret code is “open until the next day”, and for every person the secret code is the ability to keep his dream, because one day this dream may come true, this is what the secret code is.
3. Focus on culture.
I think that technology is just a tool, the main advantage of our company is that at the very beginning we had 18 people, and now we have 20 thousand young employees and we value each employee very much. We constantly make sure that each employee really works for the benefit of our clients, so that we do not just make money from our business.
4. Ignore the opinion of spiteful critics.
Many people with whom I talked about my idea - Ali Pay (payment system), answered me: “This is the stupidest idea that ever occurred to you!”, To which I replied: “Stupid or not, but people are use ”. Now 800 million people use Alipay.
5. Look for inspiration.
I've learned a lot from films. I learned how to compose a speech by watching the film “Bodyguard” with Whitney Huston. When she sings her songs there, I can't take my eyes off her, it's cool, this is how to compose a speech, before that I did not know how to do it, I’m not an actor, but when I saw the film I said: “wow”.
If you sing from the heart, if you sing naturally, if you remain yourself, it works. So I learned a lot from the films, I even learned a lot from the godfather.
My favorite movie is Forrest Gump, this is what I have learned, this is my muse, the inspiration we draw from films.
I say no to many ideas, as a CEO I have to give up some opportunities, because if I say yes, then I will get about 5,000 good ideas a day.
But whether it’s refusal or acceptance, I am guided by the principles of “helping to make business easier”, if the ideas are aimed at this, I will consider them, if someone comes and says: “Look, we can make a lot of money”, I'm not interested in that.
7. Come up with a good name.
After all, the Internet is a global network, which means that we must have an international name and it must be interesting. I thought for many days and suddenly it occurred to me that alibaba is the right name.
That day I was in San Francisco, I was having lunch and a waitress came up to me, I asked her: “Do you know anything about Ali Baba?”, She said: “Yes,” I asked: “What is alibaba ? ”, She replied:“ Open sesame ”. Super, I went out into the street and started asking this question to 10, 20 people, they all knew the tale about Ali Baba, the forty robbers, and open up until the season. So I realized that this is a great name, it starts with the letter A. Whatever they say, alibaba always comes first on the list.
8. Customers come first.
We believe that our company differs from Wall Street in that our customers come first, employees come second, and shareholders come third.
This is my religion, because our clients pay us money, our employees use innovations and only then come the shareholders.
I remember the day before the first public sale of the stock, when many asked me Jack to sell us the shares, we will be long-term shareholders, but when the crisis came, these guys ran away at the speed of sound, my people stayed, clients also stayed.
9. Don't complain - look for opportunities.
Happy opportunities are in the same place as complaints. Where problems lie, there are happy opportunities.
10. Be dedicated.
We are gathered here today to discuss what we should do in the next five ten years. What alibaba will become in the future.
I have always said that our competitors are not some kind of home websites, but international websites and our competitors are not in China, but in the American Silicon Valley.
So first, we need to position Ali Baba as an international website, not just a home website.
Second, we must embrace the working spirit of Silicon Valley. If we come to work at 8 in the morning and leave at 5 in the evening, we will not become a high-tech company and alibaba will never succeed.