Billionaire Jack Ma teaches you how to be successful in life and business.

Jack Ma: the mistake I regretted the most

In 2001, I made a mistake. I told 18 of my fellow comrades whom embarked on the entrepreneurship journey with me that the highest positions they can go is a managerial role. To fill all our Vice President and Senior Executive positions, we would have to hire from external parties.

Years later, those I hired were gone, but those whom I doubted their abilities became Vice Presidents or Directors.

I believe in two principles: Your attitude is more important than your capabilities. Similarly, your decision is more important than your capabilities!

Jack Ma: You cannot unify everyone’s thoughts, but you can unify everyone through a common goal.

Don’t even trust that you are able to unify what everyone is thinking; it is impossible.

30% of people will never believe you. Do not allow your colleagues and employees to work for you, but instead let them work for a common goal.

It is a lot easier to unite the company under a common goal rather than uniting the company around a particular person.

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