The idea of
building a business is exciting and the outcome can be extremely rewarding.
Take Jack Ma for example, before he founded Alibaba Group, he was an English
teacher making around USD12 a month at a local university. Today he is one of
the wealthiest men in the world, with an estimated net worth of USD22.5
billion. Here is a collection of some valuable lessons from him that
aspiring entrepreneurs should take note of.
#1. Before
starting a business, know what you are doing.
#2. Employ smart
people, not popular people.
#3. Learn from
the failures of others.
#4. Always think
about innovation, not just blind acquisition.
#5. Take every
risk—that’s actually worth taking.
#6. The key to
success lies in the younger generation.
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