Jack Ma, an investor, a philanthropist, and founder of Alibaba, is one of the richest people in the world with a breathtaking net-worth of approximately 40. 3 billion US dollars.
Jack Ma’s billions are owed to Alibaba, which is a multinational e-commerce/internet corporation that provides online shopping services through web portals.
Alibaba has recorded revenues of 10 billion dollars and above.
Besides this, Jack Ma has been ranked the second World’s Greatest Leader, and in 2015, he was awarded the Entrepreneur of the Year Award.
Today, I would love to share with you the top 4 lessons I have learned from this internet Mogul.
- You Don’t Need to be An I.T Guru (Expert) for you to Succeed in the Internet Industry
Many people believe that you have to be an I.T expert for you to create an internet business. However, Jack Ma was never an I.T Guru. He became aware of the internet in 1995 when he visited America. He had zero experience with computers and coding, but he dedicated himself to learning I.T and after few months he launched an internet company that built websites for businesses.
- Patience Pays
In one of his talks, Jack Ma revealed that Alibaba never earned a single dollar in its first three years.
I believe many of us would have given up on a business/investment if it failed to reap profits in its first three years. Jack Ma was not the ‘giving up’ type. He convinced his team to persevere, and years later, Alibaba made millions of profits.
- Never Allow People to Discourage You
When Jack Ma revealed to his friends that he wanted to start an internet company, some of them mocked him and told him that he was crazy. They wondered how he could start an internet company without any knowledge of computers, and the internet.
Besides this, many people mocked Jack Ma and his team because Alibaba failed to earn profits in the first three years. In one of his interviews, Jack Ma revealed that a customer paid his bills at a restaurant and told him that he decided to pay because he knew Jack Ma was broke, as Alibaba was not making profits. Also, one time while he was in a bar, a person bought him a cigar because he knew that Alibaba was not making money, and for that reason, Jack Ma was broke.
However, these actions never discouraged Jack Ma because he had faith in Alibaba. He ignored the discouragers, and he continued working hard on his business, and eventually his efforts paid.
- You Don’t Have to Have a Big Job for You to Be Successful
Some of us complain that we have little salaries, but Jack Ma made it with 10 dollars a month.
After completing his studies, he applied for more than 25 jobs and they all rejected him. However, he got employed as a teacher in a local university where he earned about 10 dollars a month. With this salary, he managed to save and start internet-based businesses such as, ‘The China Yellow Pages,’ and many others, which led to the idea of Alibaba.
Therefore, we must not complain and feel unlucky if we have a small salary. People out there have nothing but they are still making it.
Thank You for Reading. Good Day.
You are free to add, in the comment box, any other lessons that you have learned from Jack Ma.
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5 Powerful Success Lessons We Can Learn From Benjamin Franklin
I admire Benjamin Franklin because he succeeded in many fields. He was a successful politician, author, inventor, scientist
After studying his life for a while, I realized powerful success lessons we can learn from this Great Man
‘From a child I was fond of reading, and all the little money that came into my hands was ever laid out in books.’ – Benjamin Franklin
Many successful people believe that reading breeds success because it leads to the accumulation of knowledge useful for succeeding. Maybe Benjamin Franklin knew this because he read a lot. He loved reading so much that he read his father’s religious texts because they were the main books his father possessed. His obsession with reading forced his father, Josiah Franklin, to apprentice him to a printer. Many scholars agree that his reading habit played a great role in making him a great man.
2.Never Ever Wait For The Right Moment
If you want to do something, do it. Never wait for the universe to perfectly arrange things for you before you take action
In 1721, Benjamin Franklin’s brother founded a newspaper. Benjamin Franklin became highly interested in participating in the newspaper, but he believed his position would prevent his brother from allowing him to write. However, instead of waiting for his brother’s permission, he wrote letters and anonymously placed them in his brother’s print shop. People liked the letters so much that they wanted to know him.
Benjamin Franklin never waited for the right moment. He took action when he had an idea and his audacity paid off.
3.Associate With People With Similar Interests
You can progress quickly if you associate with people with similar interests because these folks will help you learn a lot about your field.
Benjamin Franklin knew this principle because he formed an association of aspiring artists and entrepreneurs when he was 21 years old. The association enabled Benjamin to become a better artist and businessman as its members regularly discussed
4.Failure is Inevitable
All successful people including Benjamin Franklin failed on their way to success. Despite becoming one of America’s founding fathers, some of Benjamin Franklin’s political proposals were ignored. Furthermore, despite becoming a well-known author, some of his publications failed.
Benjamin Franklin understood that failure is part of success, and he continued writing and formulating more political proposals. He eventually became a successful politician and author.
5.Work, Work and Work
It’s said that Benjamin Franklin was obsessed with work. His biography reveals how he woke up early to work long hours. Besides this, some of his famous quotes such as ‘laziness makes things difficult, and hard work makes things easier’ proved he believed in a strong work-ethic.
Benjamin Franklin knew that his strong work-ethic played a huge role in making him succeed. In his famous essay, The Way to Wealth, he wrote, ‘If You Are Hardworking, You Will Never Starve.’
Just like other successful folks, Franklin was an ordinary individual who adopted the features of successful people. We can also adopt these features to guarantee a marvelous future.
You can find me on my insightful facebook community: the unbounded wisdom community where I share powerful quotes and ideas on success, spirituality, mystery, and many more topics.
5 Unbelievable Factors That Make People Work Extremely Hard
Mentors, a strong purpose, and motivational stuff are some of the main factors that make people work extremely hard. However, there are other unique but not necessarily positive factors that make people work extremely hard.
Here are some of them:
- The Desire to Prove People Wrong
Many people have worked extremely hard because they wanted to prove the naysayers wrong. These folks wanted to show the people who doubted them that they can achieve greatness.
An example is Arnold Schwarzenegger. This guy worked extremely hard in his acting career because he wanted to prove wrong the people who told him that he won’t be a successful actor since he had a German accent, and a body that was too big for acting.
Even though I have discouraged competition in my previous posts, I believe that it sometimes makes people work hard. Many bloggers, musicians, and business owners have worked hard because of the fierce competition in their niches. These folks knew that they would fail to secure a sizeable market share if their competitors outworked them.
A large percentage of successful people succeeded because they had faith in their dreams. Faith made them completely sure that they’ll achieve their dreams if they worked harder, and therefore, it motivated them to work hard.
Recently, I realized that people who believe in the achievement of their dreams work harder than doubters. Doubt drains energy while faith motivates you to push yourself harder because you firmly know that success will come if you toil.
People also work harder towards their goals if they believe that achieving them will eliminate pain. For instance, the pain of living in poverty motivated Eminem to work extremely hard towards a better life. In some of his songs, the rapper reveals how the pain he felt when he realized that his 9-5 salary could not sustain his family forced him to work very hard in music.
All the pain inside amplified by the fact that I can’t get by with my 9-5, and I can’t provide the right type of life for my family – Eminem, Lose Yourself
- The Need to Use Success As Revenge
“Success is the best revenge to pay you back.” – Eminem, Where I’m At.
I know people who are working so hard because they experienced rejection. These folks believe that working harder will make them meet success and make the people who rejected them regret.
Besides faith, the above factors show that you can use negative states of mind to push yourself harder. The main reason we are encouraged to use positive factors to push ourselves harder is that most of the time, factors such as pain, competition, the need to revenge and prove people wrong, work against us. These factors can be advantageous only if you approach them wisely.
What other unique factors do you know that can make people work harder?
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