Jack MA’s shared strategy to success at World economic Forum 2019

In 1999, Jack Ma co-founded ‘Alibaba’ which went on to become the Chinese multinational conglomerate specializing in e-commerce, retail, internet and technology. 

After a successful span of 20 years, MA wants to pass on the baton of wisdom to young entrepreneurial minds. As he spoke in this year’s World Economic Forum at Davos, ObserveNow brings to you his top 7 quotes to inspire you to success and becoming a better version of you. 

 

1. Doubt-"Of course I was scared and had doubts [when I started Alibaba]. But I believed someone, if not us, would win. There are no experts of tomorrow, only of yesterday." 

 

2. Business-"In business, never worry about competition, never worry about the pressure. If you worry about pressure, don't be a businessman ... If you create value, there is an opportunity. Today the whole world worries. That means there is a great opportunity." 

3. Importance of your first Job-"Your first job is your most important. Not necessarily a company that has a great name but you should find a good boss that can teach you how to be a human being, how to do things properly, and stay there. Give yourself a promise: I will stay there for three years."

4. Humans vs AI- "How can we teach kids to be more creative and do things that machines cannot do? Machines have chips, but human beings have hearts ... Education should move in this direction."

5. Sleepless Nights- What keeps Jack Ma awake at night? "Nothing! If I don't sleep well, the problem will still be there. If I sleep, I have a better chance to fight it." 

6. People Management-"To manage smart people you have to use culture, the value system, they believe what they do. If you just want to use rules and laws and documents to control - that's how you control stupid people."

7. Talent Acquisition- "When I hire people, I hire people who are smarter than I am. People who four, five years later could be my boss. I like people who are positive and who never give up."

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