Jack Ma Speech | The ultimate 3 pieces of wisdom

Thumbs Up if you like the video and Subscribe if you Love it. Here are five key takeaways from the Alibaba founder: 1. People need to trust you. From employees to investors, the people who put everything on the line for you, must trust you. Ma said that trust was an integral part of Alibaba's success. "It's the trust that makes us united," he told Rose, "18 [investors] trusted me. And because they trusted me, I have to be very loyal to them and loyal to the mission that we have." Ma said this trust in him and the mission of the company is the most valuable thing he could have--going as far as saying he would take the trust over $1 million. 2. Forget the competition. Focus on your customers. Ma isn't really worried about Alibaba's competition. Everything Alibaba does, he said, depends on the needs of customers. The reasoning is simple: to sustain in the long term, customer satisfaction should be at the crux of your decision-making. "If our customers say 'Jack you should build more warehouses,'" Ma explained, "We build warehouses. We do it not because there is money; we do it because it is necessary." When asked who he saw as Alibaba's competitor, Ma said he didn't know. "As entrepreneurs, don't look at your neighbor Tom as a competitor," he said. "Do not focus your eyes on the competitor. You are too small to focus on your neighbor or competitor. Focus on your customers. Making your customers happy is important." 3. Think of your business in global terms. For Ma, the future is global. He believes small businesses should operate internationally to survive in the long term. "If you do not try to globalize your business through the Internet, you may not have a business opportunity," Ma said. He argued that local businesses will only get more and more competitive. He encouraged small businesses to think about how they could sell products across the world. 4. Hire young and hire smart. "When we were young, nobody gave us a chance," Ma said. "Now, we should give young people a chance. Young people do a much better job than we do." He argued that personal legacy should be less important than building a team that will last and giving them a chance to do so. In that same vein, Ma said he hires people smarter than him because he knows it's the best for the company. 5. Just keep going. Ma's last advice for entrepreneurs reflects his journey with Alibaba: Just keep going. Perseverance, Ma said, is necessary. "Today is very difficult," he told Rose. "Tomorrow is difficult, but the day after tomorrow is very beautiful." Subscribe here:    / @isabelsiena8767   Please help us grow by sharing..... ++++++++++++++++++++++++++++++++++++++++++++++++++++++++ License: Creative Commons Attribution-NonCommercial 4.0 International (CC BY-NC 4.0) https://creativecommons.org/licenses/... Tags: jack ma motivation,motivational video,elon jack ma,motivational speech,jack ma,alibaba,how to be successful,how to be rich,how to earn money,richest man in china,never give up,study motivation,how to succeed in life,motivational video,success,success in life,jack ma,jack ma speech,jack ma interview,jack ma advice,advice for young people,jack ma's ultimate advice for students and young people,young people,jack ma alibaba,i wish someone told me this #jackma #motivationalvideo #elonjackma