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But isn't that how all great empires are built? No one starts out knowing how one plus one equals two.
One thing highly successful people do is dream big, start small no matter the lack of resources, and then keep improving over time.
A great mark of success is that you never stop learning.
Jack Ma's experience growing up had a tremendous impact on his life and career.
He grew up as a poor Chinese boy who had a hard time understanding maths. Because of this, he had to write the pre–college examination severally, but his persistence later won. It's not a surprise that Jack Ma did incredibly well in his studies.
Jack Ma concluded his studies and began his teaching career, then later began creating a business out of his skill.
Very few companies carry the personalities (commitment and persistence) of their founders, and Alibaba is one of them.
When you venture into a business that is not common, you will have difficulty making progress. This is because people can seldom tell the value of your product or service. The bottom line is, people will never do business with you when they can't see how it will positively affect their lives.
If you find yourself in such a situation, the only way out is to invest massively in awareness campaigns. That’s what Jack Ma did.
We learn from Jack Ma about dreams is:
In the beginning, Alibaba was B2B platform, but after a while, the business stopped bringing much profit. On the basis of that and a few other reasons, Jack Ma decided it was time to branch into consumer e-commerce.
Jack Ma's strategies:
With these added advantages, it was a matter of time before Taobao kicked eBay out of China and dominated the market.
You will never have enough money or have a complete business blueprint. Start where you are, make mistakes, but quickly learn from them.
A junior reader who enjoy topics that advocate for self-improvement. Also a proponent of healthy living and mindfulness (still learning). Let’s connect and explore the world of books together!
Learn how Alibaba and Jack Ma do it differently and dominate the market.
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