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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.

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

5 Unbelievable Factors That Make People Work Extremely Hard

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Mentors, a strong purpose, and motivational stuff are some of the main factors that have made people work extremely hard. However, there are also unique but not necessarily positive factors that have made people work extremely hard towards their goals. Guess you are ready to know them.

Here are they:

  1. The Desire to Prove People Wrong

Many people have worked extremely hard towards their goals 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.

  1. Competition

Even though I have discouraged competition in my previous posts, I believe that it sometimes makes people work extremely hard. Many bloggers, musicians, and business owners have worked extremely 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.

For this reason, it’s inarguable that competition can force you to work harder whether you like it or not because if you don’t work hard when facing stiff competition, your competitors will become better than you and throw you out of the game.

  1. Faith

A large percentage of successful people succeeded because they had faith in their dreams. Faith made them completely sure that they will achieve their dreams if they worked harder, and therefore, it motivated them to work hardest towards their goals.

Recently, I realized that people who believe in the achievement of their dreams often work harder than those who doubt. Doubt drains your energy because it demotivates you, while faith pumps energy in you and motivates you to push yourself harder because you firmly know that success will come if you toil.

  1. Pain

People also work harder towards their goals if they believe that achieving them will eliminate some sort of 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

  1. 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.

Conclusion

Besides faith, the above factors show that you can use negative states of mind to push yourself harder. The main reason we are always encouraged to use positive factors to push ourselves harder is because most of the time, factors such as pain, competition, the need to revenge and prove people wrong, work against us.

What other unique factors do you know that can make people work harder?

You are welcome to join my facebook community; The Unbounded Wisdom Community for insightful ideas and wondrous words of wisdom.

 

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SUCCESS

The Top 5 Ways To Embrace Patience

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My research on successful individuals made me realize that all successful folks were patient. They worked for a period of 3 to 10 years without quitting. For this reason, it dawned on me that I also have to embrace delay whether I like it or not.

However, I realized that embracing delay was pretty hard because I have to work diligently and patiently without getting discouraged even when my results don’t arrive as early as I expected. This realization made me contemplate on why it’s hard for people to master patience even though it’s a primary key to success.

Anyway, I thought about patience for a week and I realized the five ways we/you can be patient

Here are they

  1. Stop Wanting to Prove People Wrong

If you want to achieve your goals so that you prove people wrong you will become very impatient because you will want things to happen as fast as possible so that you appear right. Therefore, to become more patient, avoid wanting to prove people wrong. Just work towards your goals with nobody in your mind.

I loved proving people wrong but I ditched this behaviour after realizing that I usually want to progress quickly whenever I want to use my achievements to prove some folks wrong.

  1. Stop Focusing On the Outcome

It will be impossible for you to be patient if you constantly focus on your results because most of the time, you won’t see the results you expected. For example, if you are a blogger and you are targeting 10,000 visitors per day, you will be impatient and you might give up if you constantly check your stats because it might take long before you reach your target.

However, you will embrace patience if you forget about the results and start concentrating on acquiring the skills and knowledge required for you to achieve your goals.

  1. Know What Makes You Impatient

To embrace delay, you must know the factors that make you impatient and start avoiding them. For me, I avoided competing and comparing myself with others after realizing that these factors make me an impatient individual. It dawned on me that I always feel that my dreams are taking long to come true whenever I compete or compare myself with others.

  1. Understand that it Takes Long to Succeed

One of the main reasons why I’m a little bit patient is that I know that it took approximately 5 to 15 years of hard work for most successful folks to achieve their wildest dreams. This knowledge makes me realize that it might also take time for me to achieve my dreams, and for this reason, I have to embrace patience.  Also, it makes me know that waiting is part of the journey, and therefore, patience is a virtue I must master.

  1. Surround Yourself With Dreamers

You are more likely to be more patient if you surround yourself with dreamers because you’ll realize that their success is also taking long to arrive. My dreamer friends made me a patient individual because I realized that just like me, they are not meeting success quickly despite their hard work. They always make me realize that delay is a normal occurrence to dream chasers, and therefore I have no option but to work and wait.

Conclusion

If we wait long enough, we’ll meet success. Therefore, we must cultivate patience if we want to live the life we want. We must also understand that patience is one of the primary keys to success because it enables us to persevere and persist without being frustrated. It might be hard to be patient but it’s not impossible. If some ordinary people succeeded in life because they managed to be patient, why not us?

You can add more ways to be patient in the comment box below

“Patience is bitter, but its fruit is sweet.” – Jean Jacques Rousseau   

You are welcome to join my facebook community; The Unbounded Wisdom Community for insightful ideas and wondrous words of wisdom.

 

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