Jack Ma, the founder of Alibaba is the Chinese most prolific businessman. He is the richest man in China but only after decades of disappointment, rejection and despair but he never gave up on his dreams.
Speaking to a group of aspiring entrepreneurs, MA covers a variety of topics. He believes, if you want to succeed, hire people who are smarter than you. One does not have to learn a lot of things to run a successful business. By trusting smart people in your company, you give yourself a chance of doing well.
Jack says, when you are 20 years old, join a good company and a good boss. If you are over 30, you can not afford to lose. When you are 40 to 50 years old, don’t try new things, do things you are good at.
When you are 50 to 60 years old, train and develop young people. Jack also spoke about trade and globalization.
If trade stops, war starts. Trade is the way to dissolve the war, not a reason of the war. Jack Ma.
Jack also spoke about the current education system. He believes we need to change our education system, we have to teach something unique which modern machines can not catch up with.