Jack Ma: People who are not monetary, do not have relations like I own only one thing to compete with others and build Alibaba successfully.

Alibaba's boss once said: "When everyone knows about something, you won't have a chance. When only a few people know and you...


Alibaba's boss once said: "When everyone knows about something, you won't have a chance. When only a few people know and you believe it, this is the potential opportunity of friend".

Jack Ma grew up in Hangzhou, China. After graduating from college, he applied for a job and was denied up to 30 times before becoming an English teacher. Later, when exposed to the Internet during a trip to the United States in 1995, he returned to China and founded an e-commerce site Alibaba in a situation where he did not know anything about business or technology. At the moment, Jack Ma owns assets worth $ 38 billion and his established company has a market capitalization of over $ 396 billion.

At the Viva Tech Conference in Paris last May, China's richest billionaire said: "I think if you really try, everyone can succeed.".

In fact, Jack Ma himself proved it. In 1999, he built his company in his apartment with empty hands: No money, no professional knowledge. He has almost nothing but effort and perseverance.

Alibaba owner said: "If people are criticized, you need to think about it. I have spent a lot of time thinking about the future and listening to complaints. Because people have no money, no relationship and no technology as I own only one thing to compete with others is the future vision ".

Perhaps few people have experienced many rejections like Jack Ma. He had failed the primary exam twice in elementary school and three times in middle school. At the University, he applied to Harvard and was rejected 10 times. Finally, he attended and graduated from Hangzhou Pedagogical College specialized in English.

In addition, Jack Ma was the only person who was not accepted among 24 applicants to work at KFC, was refused when he applied for police and waiters at a 4-star hotel in Hangzhou.

Even after launching Alibaba, this small man still faces the rejection. In 2001, Ma tried to raise $ 5 million in venture capital from the US but failed to achieve the goal. Even so, he was still very patient to steer the company. By 2014, Alibaba has conducted a record IPO deal with the successful mobilization of 25 billion USD.


Alibaba is the leading e-commerce company in China.

According to the 54-year-old billionaire, it is important that you do not let frustration disappoint you for a long time: "Of course, everyone will be unhappy when denied. Sleep well then wake up and try again.One of my secrets of success is never giving up.

Share about successfully building Alibaba e-commerce empire when almost ignorant about technology or marketing. Jack Ma said: "The only thing I know is about people. I have learned to inspire and empower people from my first job, an English teacher. I focus on guests. They and colleagues don't always want to please investors, they are the ones who leave very quickly when the company has problems.

Don't spend time with your investors or competitors. When looking at customers, you want to serve them. When looking at colleagues, if they are happy, you have won somewhat. This is a very simple thing. ".
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High Tech Brain: Jack Ma: People who are not monetary, do not have relations like I own only one thing to compete with others and build Alibaba successfully.
Jack Ma: People who are not monetary, do not have relations like I own only one thing to compete with others and build Alibaba successfully.
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