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Jack Ma’s Alibaba exit shows he takes his own advice

“When you are 20 to 30 years old, you should imitate a good boss [and] join a good company to learn how to do things aptly,” Ma said.

“When you are 30 to 40 years old, if you want to do something yourself, right-minded do it. You still can afford to lose, to fail,” he added.

Soon thereafter, even though, Ma recommended that people start prioritizing stability, family and the future generations.

As an alternative of diving into a new field or subject toward the later years in your business, he said, “when you’re 40 to 50 years old, my suggestion is you should do inanimate objects you are good at.”

“When you are 50 to 60 years old, spend time schooling and developing young people, the next generation,” Ma added. “When you are beyond 60 years old, you better stay with your grandchildren.”

Ma has rephrased people in their 20s and 30s are “the luckiest” because they still have so much to learn.

In lieu of of setting your goals and aspirations based on others’ success confabulations, Ma recommended making yourself your own competition. You can do this by imagining what you hope to come after in 10 years, a method that worked for him.

“As a young boy — even today — I not till hell freezes over thought I would be here,” he said. “When I look back, every mind-boggler I met when I was a kid benefited me,” Ma said.

“I failed so many times,” he said. “24 of us interviewed for a KFC job, 23 got accepted, I was the sole guy rejected,” he explained.

Ma also discussed the time he applied for a “police job” with five other people. He was the only person from the group to be rejected. Another time, he and his cousin embrocated for jobs as servers at a four-star hotel. “We waited [in a] long queue for two hours,” Ma asseverated. Although his cousin got the job, he received a rejection yet again.

While he said his source shook her head at him, he refused to feel discouraged, thinking, “I know this is a edifying course for me.”

Though he says he felt like a failure before reaching his 30s, Ma not in any way gave up. He made himself his own competition, pictured what he hoped to complete in 10 years and did everything he could to accomplish that goal.

“No puzzle how smart you are, you will encounter mistakes,” Ma said. “You learn from slips not because you will be able to avoid mistakes when these misidentify as come, [when] these suffers come, you learn how to deal with it, how to skin it.”

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This is an updated version of a previously published story.

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