Entrepreneur: Jack Ma, Alibaba and the 40 Thieves of Success (Entrepreneurship Guide Book 2)
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“Instead of learning from other people’s success, learn from their mistakes. Most of the people who fail share common reasons(to fail) whereas success can be attributed to various different kinds of reasons.”
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Always judge a man by his questions rather than his answers. It’s easy to take his words today at face value but it is often difficult when you try to uncover how he originally arrived at that answer.
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“If you don’t give up, you still have a chance. Giving up is the Greatest Failure.”
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“Today is hard. Tomorrow will be worse. But the day after that will be beautiful. Most of your talent won’t make it past tomorrow.”
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“A leader should have higher grit and tenacity, and be able to endure what the employees can’t.”
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“You don’t have to be the top student in your class, being mediocre is just as fine, just as long as your grades aren’t too bad. Use your free time to learn other stuff,”
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“If you can’t get used to being rejected – just like a boxer who cannot take the hits or punches, how can you ever win?”
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You got to take the hits, and keep moving forward. That’s how winners are made!
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Every optimistic entrepreneur needs a dose of reality now and then. The fact is that when you share a lot of stories how people have failed, then it would be something that you would learn not to do. It would be one less reason for you to fail.
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“You should learn from your competitor, but never copy. Copy and you die."
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“When you are small, you have to be very focused and rely on your brain, not your strength.” –
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“Help young people. Help small guys. Because small guys will be big. Young people will have the seeds you bury in their minds, and when they grow up, they will change the world.” –
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“Customers are first, Employees are Second and the Shareholders are third.”
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“Today, making money is very simple. But making sustainable money while being responsible to the society and improving the world is very difficult.”
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When you have $1 million dollars, you’re a rich man. When you have 10 million dollars, you’re in trouble; you worry about inflation and where to invest your money. But when you have $1 billion, that’s not your money, it is the society’s trust, the shareholders; people believe that you can spend this money better & smarter than the government. Now that’s a challenge.
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“The very important thing you should have is patience.”
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“You need the right people with you, not the best people.”
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“I don’t want to be liked. I want to be respected.” – Jack Ma
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“we may be crazy, but we’re not stupid.”
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“Opportunity lies in the place where the complaints are.”
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“I pondered upon this for one night, and by the next morning, I decided I would do it anyway, even if all of the 24 people opposed the idea.” ~ Jack Looking back, he realized that he was purely driven not by confidence or opportunity, but more of the fear of regret from not trying it out.
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“No matter what one does, regardless of failure or success, the experience is a form of success in itself.” ~Jack
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Jack said: “If you are still poor at the age of 35, it’s your fault!” According to Jack, there is a tentative timeline that you should adhere to if you want to lead a meaningful life. This is what he said: Be a good student before you turn 20 It’s the best time to learn as fast as you can and get the experiences you need to help prepare you for the next decade of your life. Follow or work in a small company before you turn 30 In a small business, you learn to cultivate the passion you need to run your own business. You get to learn what it takes to run it like a well-oiled machine. You have to ...more
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Make sure your employees are smarter than you What do you have as the leader that an employee doesn’t? The humility to admit that you are not the best for every position