In case you don’t know who he is, Jack Ma is a Chinese business magnate, the owner of Internet based conglomerate Alibaba Group. As of 2017, he has an estimated net worth of about 36 Billion USD.
Here are his best tips for the entrepreneurs of today:
1.Unite people under one goal, don’t boss around
Ma understands that no matter how hard you try you will never be able to convince every single employee to believe in your vision.
Instead of uniting the company under his vision alone, he unites them under a common goal.
2.Stay one step ahead of the competition
Have foresight. Jack Ma believes following informed intuition is the hallmark of any great leader.
3.Hire people smarter than you
If they’re not, why are you hiring them?
Jack says, “Your employee must have superior technical skills than you. If he doesn’t, it means you’ve hired the wrong person.”
You need employees who can help you carry a dream forward, not just work ‘under’ you.
4.Have a clear vison, be tenacious
Clearly knowing what you want, will not only help you succeed, but keep your employees focused and driven.
5.“Giving up is the greatest failure":
The key to success is persevering and learning from your mistakes.
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