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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.

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 and above.

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 a 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 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 thought he was crazy. They wondered how he could start an internet company without any knowledge of computers, and the internet.

Besides his friends, many other 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 Alibaba was not making money.

However, these actions never discouraged Jack Ma because he had faith in Alibaba. He ignored the discouragers, and 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$ 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 at a local university where he earned about 10$ 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.

Also, if you enjoyed this post, please consider sharing it on social media platforms

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

The 5 Major Stages You Must Go Through When Chasing Your Dreams

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Shows the difficulty involved in dream chasing

After studying the biographies of many successful folks, I realized that all of them went through the same stages of dream chasing regardless of their socio-economic status. I summarized these stages into five stages which I believe you’ll also go through if you are chasing your dreams.

Here are they:

Stage 1 – Idea

Here, you’ll give birth to a great idea that you’ll want to turn into reality. For instance, if you are an aspiring writer, you’ll want to turn your thoughts into a best-selling book, and if you are an aspiring entrepreneur, you’ll discover a wonderful business idea which you’ll want to turn into a successful company.

Stage 2 – Enthusiasm

After discovering the idea, you’ll visualize the life you’ll live when you’ll achieve your dreams, and you’ll tell your friends and family about this life. You’ll then research on how you’ll turn your idea into reality, and you’ll start working enthusiastically because you’ll want to live your dream as soon as possible.

Stage 3 – Disappointment

After working for a period of 6 – 18 months, you’ll be disappointed because you’ll make little progress despite working hard. For instance, if you are an aspiring vlogger, you’ll realize that getting 10,000 subscribers is not easy, or if you are an aspiring entrepreneur, you’ll be disappointed because your business might fail to make profits.

Besides this, you’ll realize that dream chasing demands funding, but few people are willing to support you. Primarily, you’ll realize that it might take longer to achieve your dreams. These challenges will make you want to give up.

Most people quit chasing their dreams at this stage.

Stage 4 – Perseverance

If you really want to achieve your dreams, you’ll decide to persevere. You’ll face obstacles fearlessly, and you’ll commit yourself to overcoming them. Besides, you’ll avoid everything and everyone that might prevent you from achieving your dreams. Also, rejection, failure, and naysayers won’t stop you from working hard.

You’ll also realize that only those who persevere achieve their dreams, and you’ll work like hell. Moreover, you’ll strive to make the journey enjoyable so that you don’t give up.

Most folks make their journey enjoyable by making friends with like-minded people.

Stage 5 – Success

After working for a long period without quitting, you’ll become highly skilled, and many people will love your services/products. If you are a writer, many people will be willing to buy your books, and if you are a businessman, people will be interested in your products. You’ll then use the money you’ll earn to buy whatever you want and travel wherever you want. You’ll be so fulfilled.

Conclusion

It’s easy to dream, but difficult to achieve dreams. Most people quit when they realize they’ll have to work for a long period before they achieve their dreams. Only those who persevere succeed because they never give up. We must thus join the perseverers if we want to boost the chances of achieving our dreams.

SEE YOU AT THE TOP

THE END.

Thanks for Reading

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SUCCESS

Top 6 Reasons Most People Can’t Persevere on the Journey to Success

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Perseverance refers to the ability to work persistently towards one’s goals despite facing difficulties.

After studying successful people for five years, I realized they all persevered since they never gave up despite facing obstacles. Nothing stopped them from working towards their dreams.

Besides successful folks, we can also persevere, but most people can’t because of the following reasons.

1.People Don’t Study Success

Studying success enlightens you that difficulties, failure, or discouragement are part of the journey hence enabling you to work in spite of their presence. Moreover, studying success shows you that only those who persist succeed hence motivating you to persevere.

2.The Lack of Self-Confidence

Most people can’t persevere because they lack self-confidence. They doubt their abilities and skills and give up easily when they face obstacles.

Successful people persevered because they believed in themselves. They believed they could overcome obstacles and thus continued working towards their goals when obstacles arrived.

3.The Myth of Overnight Success

The myth of overnight success has resulted in the inability to persevere because it makes people think success comes easily. This myth has made aspirers believe success arrives soon after they start working towards it. For this reason, most aspirers give up when they realize that they’ll have to work for a long period and overcome several difficulties before success arrives.

4.People focus on the Outcome

Most individuals can’t persevere because they focus on the outcome. It’s hard to persevere when you focus on the results because it usually takes long before we get the results we expect. People who persevere, focus on the process instead of the results. They know they’ll get the results they want if they forget about them and work on their skills.

5.The Lack of Passion

People who hate their work seldom persevere because they focus on results and misinterpret difficulties. Furthermore, they easily get bored with their work hence making it difficult to work when they face obstacles. Conversely, passionate people persevere because they are obsessed with their work and perceive difficulty as a chance for growth.

6.Focusing on the Possibility of Failure

Focusing on the possibility of failure prevents people from persevering because it discourages them from working towards their goals when they face difficulties.

Most successful people focused on success: they believed they’ll succeed no matter what, and this belief motivated them to continue working in spite of discouragement.

Conclusion

It’s easier for people to work towards their goals when everything is going well. However, most people get discouraged when the going gets tough. The ability to work when it gets tough is what sets successful people apart. We must, therefore, master the art of perseverance.

If you don’t give up you can’t fail.’ – Menna Vaan Praag, Successful Author

Thanks for reading. SEE YOU AT THE TOP

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