Life Between 20 and 60 – beautifully explained by Alibaba’s Visionary Founder Jack Ma

  • Wasn’t deterred after being rejected from Harvard 10 times.
  • Scored 1 out of 120 points on the math portion of his college entrance exam and founded a tech giant.
  • Was the only interviewee (out of 24) rejected by KFC.
  • Stayed optimistic after being turned down for 30 jobs.
  • Couldn’t convince Silicon Valley to fund his company.

Rightly said, failures are the pillars of success.

This man and his self-built empire need no introduction. Yes, right, I am talking about Jack Ma, a Chinese business magnate who is the founder and executive chairman of Alibaba Group.

He is the first mainland Chinese entrepreneur to appear on the cover of Forbes.

According to Forbes, a record $463 billion of business transactions were conducted on Alibaba’s retail platforms in the fiscal year through March 2016 and by August 2016 Jack Ma’s net worth reached a whopping 27.8 Billion USD making him the 2nd  Richest man in China and the 8th Richest in Tech.

The Golden Words of Alibaba’s Founder – Jack Ma

Before you turn 20 years old, be a good – Just to get some experience.

Before you turn 30 years old, follow somebody – Go to a small company.

Normally, in a big company, it is good to learn processing; you are part of a big machine. But when you go to a small company, you learn the passion; you learn the dreams. You learn to do a lot of things at one time. So before 30 years old, it’s not which company you go to, it’s which boss you follow. A good boss teaches you differently.

Between 30 and 40 years old, you need to think clearly whether you want to work for yourself if you really want to be an entrepreneur.

When you’re between 40 and 50 years old, you must do all the things that you are good at.

Don’t try to jump into a new area, it’s too late. You may be successful, but the rate of dying is too big. So when you’re between the ages of 40 and 50, think about how you can focus on things that you are good at.

But when you are 50 to 60 years old, work for the young people – Young people can do better than you. So rely on them, invest in them, and make sure they’re good.

When you are over 60 years old, spend time on yourself – On the beach, enjoy the sunshine, it’s too late for you to change.

This is my advice to the young people: 25 years old, make enough mistakes. Don’t worry! You fall, you stand up; you fall…enjoy it! You’re 25 years old, enjoy the show!”