Alibaba group Chirman and CEO gives advice to young people

Jack ma (Ma Yun, Age 53 ) is founder and executive chairman of Alibaba Group. His Net worth is 40.1 billion USD , one of richest men in China and Asia.

Jack Ma advice’s to young people at one of talk shows in S. Korea ,

  • If i was 25 years old now , I will go back to China see the market there & visit to U.S think about it again back to China.
  • Use of IT / Data technology will make the different in every Businesses.
  • If everybody agrees then wait for it is it there an opportunity , if everybody against it there will be definately an opportunity.
  • Any mistake is wonderful revenue at young age.
  • Difference between smart people such as Bill gates, Warren Buffet, Jack Welch and us is they optmistic about future. They try to solve problem of othere.
  • Opportunity lies where people complained.

One of the student asked Jack Ma about what young people should do before 30 years ,,

  • Before 20 years old : Be a good student.
  • Before 30 years : Follow somebody , go to small company you will learn . Normally in big companies its good learn processing, you will be a part of big machine.
  • In 30-40 years old : Are you working for yourself ?
  • 40-50 years old : Do the things you are good at , dont try to jump into new area . You might be successful but rate of dieing is high.
  • 50-60 years old : Work for young people.Rely and invest on them.

Image soruce: CNBC

Peace ,

RVD