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Jack Ma's Heartfelt Life Advice

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Created: 2024-05-01

Created: 2024-05-01 15:34

Jack Ma's Heartfelt Life Advice

Jack Ma

Jack Ma (Ma Yun) (1964. 9.10. ~ )

A Chinese businessperson.

He is the founder of Alibaba Group, China's first and largest online e-commerce platform company. He served as the company's first chairman and CEO, stepping down from the CEO role in 2013 to focus on the chairmanship. In 2019, he announced his retirement from active management and transitioned to the position of Alibaba Group's first chairman emeritus (honorary chairman). In the Chinese IT industry, he, along with Tencent founder Pony Ma (Ma Huateng), is one of the top two wealthiest individuals. He was the first Chinese businessman to be featured on the cover of Forbes magazine. He is widely known in the West by his English name, Jack Ma. Alibaba's AliExpress is also well-known in South Korea.

Starting with online retail e-commerce through the founding of Alibaba Group, he expanded his business into various fields, including fintech's electronic payment services, and cloud computing in the software-as-a-service (SaaS) sector. He continuously introduced cutting-edge technological visions and management strategies, including 'cashless QR code electronic payments,' 'a new retail strategy that blurs the line between online and offline,' and 'the declaration of the data technology era,' establishing himself as one of the top innovators leading the 21st-century technological revolution. However, while fostering the growth of Ant Group (Ant Financial), a fintech company engaged in credit management and lending based on customer big data, he faced a head-on collision with the Chinese financial and economic authorities, who were wary of the restructuring of the banking sector under private leadership. Ultimately, he was forced to step down from Alibaba Group's management under strong pressure from the Chinese government.

He disappeared from public view for several months, leading to widespread speculation about whether he was paying the price for falling out of favor with the Chinese government. After resurfacing, he shifted his focus from management to public speaking. Around mid-2023, he was invited as a visiting professor at the University of Tokyo. Following the replacement of Alibaba Group's management team with his close associates and the convening of a board meeting, attention has been drawn to the possibility of his return to active management. Many believe he has, in effect, returned to management.

Don't work with poor people!


"The most difficult people to work with in the world are the poor."

If you give them freedom, they say it's a trap. If you ask them to start a small business, they say they won't make much money. If you ask them to start a big business, they say they don't have the money.

If you ask them to try something new, they say they don't have the experience. If you ask them to do a traditional business, they say it's a red ocean and difficult. If you suggest a new and innovative business, they say it's a pyramid scheme. If you ask them to run a store together, they say they won't have freedom. If you propose a new business, they say they are not experts.

They have one thing in common.

They love to search on Google or portals and listen to the opinions of friends who have no hope.

They think more than university professors but take fewer actions than the blind who cannot see ahead.

If you ask them what they can do, they won't be able to answer.

My conclusion is simple.

Act faster than your racing heart, and instead of thinking, just do something.

Poor people fail because of one common behavior.

Their lives end with waiting.

So ask yourself now.

Are you a poor person...?

If you keep putting off starting with excuses, you will never escape from being poor.

Stop worrying and act on whatever comes to mind right now. Always remember that execution is the only way to lead you to success."

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