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Top 4 Valuable Lessons You Can Learn From Billionaire Jack Ma

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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.

  1. 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.

  1. 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.

  1. 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.

  1. 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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N/B – Photography – @simplykech – +254735891691

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2 Comments

2 Comments

  1. Pinchez

    February 27, 2018 at 6:19 am

    Wow…you’ve given me a good dose to start my morning…keep on inspiring the nation

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SUCCESS

Four More Great Effects of Hard Work That Make it The Father of Prosperity (Part 2)

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I firmly believe in hard work and I know that if I fail, it will be because I didn’t work hard enough.

In my trending article, The Power of Hard Work: 4 Outstanding Effects of Hard Work That Make it The Father of Prosperity, I wrote about the reasons why hard work pays.  Here, I will also show the Power of Hard Work by providing four more benefits of hard work that will make you start working hard right now.

  1. Hard Working People Will Like to Work With You If You Work Hard

Hard workers often love other hard workers. For this reason, your hard work will enable you to attract and make friends with hard-working individuals who would love to work with you because working with you guarantees success.

Many success stories have proved that success is inevitable when two or more hard workers work towards a particular goal.

  1. Hard Work Attracts Mentors

The successful hate mentoring lazy individuals because it’s tedious and boring to mentor an individual who is unwilling to work hard. They, therefore, love mentoring people who show their willingness to work tirelessly towards their goals.

Successful individuals often want other people to succeed, and they love providing direction and guidance to those working extra-hard to achieve their goals. They hate seeing hard workers make the mistakes they made.

  1. Hard Work Attracts Respect

Although many individuals want to work hard, few of them manage because most people fall for distractions.  For this reason, people will respect you when you work hard because you will be doing something others can’t.

People know that hard work requires self-discipline, a strong determination, intense focus, and zeal. Therefore, they will also respect you because they will see all these qualities in you.

Respect is good for you because you’ll develop a strong sense of self-esteem, and you will be inspired to work harder when you feel respected.

  1. You Will Never Regret

Many individuals become severely depressed when they reach their mid-40s because they realize that their laziness is responsible for their unhappiness. Regret is one of the worst mental states because you cannot go back in time, and it might haunt you till death.

If you work hard, you will never regret because you will succeed in life. Besides this, even if you won’t succeed, you’ll receive something good from your intense effort, and you’ll be at peace with yourself because you gave your very best.

Concluding Remarks                

Therefore, besides building character, leading to mastery, luck, and self-confidence, hard work also results in you attracting hard workers, a mentor, and respect. Also, you will never regret because you will get something from your hard work.

I know that, just like me, you also want big things in your life. I have researched extensively on success, and I am now 100% sure that success is the result of hard work. For this reason, we must up our game from this day forward and work hardest towards our goals. I know we will win if we work hardest. Trust me, we will.

‘I think that my biggest attribute to any success that I have is hard work. There is really no substitute for working hard.’ – ‘Maria Bartiromo

You are free to disagree or provide more effects of hard work in the comment box below.

Have a good day. Thank You for Reading.

N/B – I encourage you to air your ideas in the comment box, and also follow me on Twitter and Facebook. Twitter username – Isaac Wechuli. Facebook Username – Wechul Isaac

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SUCCESS

I Just Realized The Top Four Proven Truths About Success

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Apart from working hard towards having a successful life, I love studying success because I always want to know what it takes to be successful. Furthermore, I study success to check if successful people faced the same challenges I’m facing.

One thing I came to learn from my personal journey and studying success is that achieving success is tough. Besides this, I also realized the four PROVEN truths about success.

  1. Personal Development is Essential for Success

Not all successful people went through personal development before they succeeded. However, most of them agree that they read and listened to personal development books and tapes. For example, Sara Blakely (Net worth – $ 1.03 Billion) revealed that she loved listening to Wayne Dyer’s personal development tapes.

Personal Development leads to success because it results in self-knowledge, self-awareness, the identification and development of talents, self-confidence, and a positive mindset. Besides this, it enables individuals to know what success requires from them hence making the journey shorter.

Personal Development is a Major Time Saver. The Better You Become, the Less Time it Takes to Achieve Your Goals.’ – Brian Tracy.

‘Growth is the great separator between those who succeed and those who don’t. When I see a person beginning to separate themselves from the pack, it’s because of personal development.’ – John Maxwell.

  1. Mentors Make The Journey Easier and Shorter

Mentors make the journey easier and shorter because they enable you to realize what you have to do to meet success. For this reason, it’s hard to make mistakes when you have a mentor.

As an aspiring blogger and author, I realized that my journey is a little bit tougher because I lack a mentor. It dawned on me that I have to look for a mentor so that he/she can guide me on how to make my blog successful because I waste a lot of time trying to pinpoint the best tactics for making my blog successful.

Besides this, I also realized that I needed a mentor after knowing that many successful people had individuals who guided them on their journey to greatness. For instance, Warren Buffet (Networth – $ 82.6 Billion) was mentored by Benjamin Graham, Tony Robbins (Net worth $ 480 Million) was mentored by Jim Rohn, who was mentored by Earl Shoaff.

  1. It Might Take Long Before We Meet Success

After reading biographies of successful people in various careers, I realized that it takes 4 to 10 years of hard work for one to meet success. For some, it takes a short period of time, but to most, it takes long before they see the first signs of success.

Therefore, as go-getters, we must not expect to meet success as soon as we start chasing our dreams. However, we must realize that success will eventually arrive if we’ll never quit. One thing I also realized is that all the people who decided that they wanted to succeed, and worked towards success, eventually succeeded. That being the case, we just have to be patient and confident that we’ll meet success.

The best way to be patient and to persevere when our success seems to take long is to forget about the outcome for a while and focus on improving our skills and providing immense value through our work.

  1. Mistakes are Part of the Journey

No one starts as an expert, and therefore be ready to make hundreds of mistakes on the journey to greatness. Mistakes are unavoidable because the journey is mostly based on trial and error as we never know the exact path to success.

For this reason, at some point in your journey, you will realize that you have been doing things the wrong way, but don’t beat yourself up because mistakes are part of the journey.

Recently, when I decided to read my posts, I realized that they had several mistakes. My English is poor, and some of my posts lack good sentence flow. I don’t regret making these mistakes because they make me eager to learn more about writing. Also, I understand that every successful person made mistakes on his journey. However, I’m working on making me a better writer.

Listen to Beyonce’s advice on making  mistakes.

Concluding Remarks

Therefore, we must always strive to learn from our mistakes and avoid being angry at ourselves when we make them. Mistakes are part of the journey, and we grow from them.

Besides this, we must embrace personal development, and strive to find a mentor who will guide us towards our final destination.

Finally, we have to be aware that success might take longer than we expect, and for this reason, we must practice loving the journey and forgetting about the outcome.

N/B- I encourage you to provide more truths about success in the comment box below

Twitter username – Isaac Wechuli. Facebook Username – Wechul Isaac

Facebook Group – The Unbounded Wisdom Community

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