Many people sooner or later come to the idea that it’s time to stop working for someone else and start your own business. But achieving financial independence is not so easy. One of the most successful businessmen of our time, the Chinese billionaire Jack Ma, gives advice to his budding colleagues. Just 15 years ago this simple teacher decided to start his own business.
Today he is known as the creator of a large Internet company “Alibaba Group”, and his fortune exceeds $ 29 billion. The magazine “The Financial Times” in 2013 called the businessman a man of the year. He is often cited as an example of a person with a real Chinese entrepreneurial spirit. He gives advice to novice businessmen who will help on the thorny path to success.
Search for opportunities everywhere.
You can not be short-sighted, looking for opportunities. We must try to cover the whole picture of our financial and professional activities. And after the map has already been compiled, we must not forget to carefully study all its corners. Perhaps, there is hidden a previously unnoticed potential opportunity.
Consider all options.
It is not necessary to sort the possibilities, catching on them shortcuts of the impossible or unworthy – you need to use all the chances. If there is room for action, then you must do your best to achieve the result. Movement to a great goal is impossible without small victories.
Work with meaning.
You need to clearly understand the current situation and what do you want in general? It is worth asking yourself, what is it worth to work on at all? Why achieve this particular goal? What else is required to accomplish the intended?
Act without delay.
To achieve success, you must win the race. But this does not mean that one must constantly ride somewhere, without looking around. Sometimes, in order to gain time, you just have to choose the right direction of movement. And let the strategy be flexible, then you can adjust your actions for possible failures.
Do not get hung up on circumstances.
Many do not even try to start a business, complaining about fate, family, poor education and lack of experience. We must believe that success can be achieved in the chosen activity, regardless of the circumstances. It is not important who and where you started to work, but how much perseverance, endurance showed on the way to the goal and whether there is a spirit of the winner.
To direct ambitions in the right direction.
Our activities should help to fulfill our ambitions. It is worth concentrating on your goal and moving towards it, without stopping or turning aside.
When the billionaire was just starting work on his Internet project “Alibaba”, investors were not in a hurry to cooperate with him, warning about the likely loss of the project. However, the Chinese decided to take a chance and guess. Today his company is one of the most prosperous in the world, its capitalization is 230 billion dollars. The best way to demonstrate courage is to chase after your own ambitions.
Youth is a chance.
A businessman assures that if a person does not get rich by the age of 35, then he has spent his youth for nothing. Energy and imagination, which are key in these years, help to achieve the set goals. In the future, everything will be more difficult.
Collect your own team and combine it with a single goal.
Jack Ma insists that success will not be achieved if the unifying element of the team is only its leader. He needs like-minded people who will follow one goal, live the same idea and create a common mission. If each employee will work not for the sake of the boss, but for the sake of a single task, then it will give an opportunity to use the potential of colleagues to the maximum.
Prepare yourself a replacement.
Do not try to be irreplaceable. The team must eventually become independent of you. Let the subordinates have the skills that their leader has. It is worth teaching them this.This will give you the opportunity to someday shift some of your functions to your team. Over time, she can be trusted and the management of the whole project, and most do something else.
Work with someone who is more professional than yourself.
If you have to constantly give advice to your employees and specialists, it means that the wrong people were hired. In their specialty they must be more qualified than you. The task of a businessman is to hire real professionals and provide them with all the conditions for work. Then you will not have to interfere in the form of advice.
To be courageous, strong-willed and far-sighted.
A good leader from mediocre distinguishes courage, perseverance and the ability to see the situation a few steps ahead. Where others see only problems and risks, the leader must discover opportunities. There are times when the team is ready to surrender and retreat. The leader needs to show his will in such a situation, find clues to solve problems. He should inspire the team to continue moving towards the goal. This is the only way to achieve really meaningful results.
The key to success is perseverance.
Moving to the goal, the team will have to overcome many obstacles. Sometimes they arise already at the very beginning of the movement, it is very important at this moment not to lose heart. Let the beacon serves the same desired goal. Thanks to perseverance, it will be possible to break through any obstacles and achieve what you want.
Attitude to the case is more important than abilities.
At any time, difficult or favorable, the leader should remain calm, purposeful and confident. If you are at the foot and do not see the top, it will be easy to get scared and turn back. But you can in fact, in time, look at the top already from the achieved heights. Achieving the goal depends on the attitude towards the leadership.
Make decisions based on common sense.
It should be understood that the leader may not be a genius, who is always smarter than his subordinates. The leader should recruit strong professionals in his team and do not hesitate to contact them for advice in difficult situations or when working out a solution. Qualified employees will help to calculate all the risks and choose the best strategy. And it will be better to work out the plan slowly, having calculated all the risks and nuances, than to create a large-scale “raw” project and quickly fail with it.
You can not mix business with politics.
If the capital is presented with a barrel of gunpowder, then politics is a lit match. If you try to combine them both, the consequences will be unpredictable. When developing a business, one should forget about attempts to influence politics. If there are ambitions to go to power, then it is better to forget about business. The fact is that consistency is the key to success.
Persistence is the result of overcoming difficulties.
In itself, the realization of the future difficulties and readiness for them do not mean anything. Persistence is developed only as a result of overcoming obstacles. The tests will make the manager work and stable.
Work harder and more carefully than others.
Do you want to be a little better and a bit more successful? We’ll have to work harder, be more attentive and do not forget about our goal. And this simple principle works regardless of what people do.
Even in competition, it’s worth sticking to honest rules.
If you treat your competitors as enemies, then you should prepare for the fact that you yourself will soon become their enemy. And around there will be only uncompromising opponents. Let the competition be fair and open. Then, based on clear and transparent rules, it will be easier to win.
Respect your competitors.
You need to learn to treat competing companies as respectfully as you do to your own business. Honest struggle leaves everyone with equal chances. Competitors are the same people who have mistakes. But do not underestimate them and not respect them. It happens that those who were not noticed before were ahead of the favorites.
Behave on an equal footing with competitors.
Just like ourselves, our rivals started with something. So even if your company is young and promising, it is worthwhile to behave when communicating with the “mastodons” of the market on an equal footing. After all, each of you is an equal participant.
Winners do not cry.
Failures happen to everyone. They cause irritation and depression, but complaints about life and despondency are a sign of the loser. Difficulties and problems will be for anyone, but instead of complaining about rock, we must direct all our forces to solve problems. You can achieve success not with tears, but with hard work.
The customer is the most important.
Any leader has little time and energy, so it is worth setting priorities. In the first place should always go to customers, and only then – colleagues. Only after the interests of the first and second interests are observed, it will be possible to pay attention to the shareholders. Many businessmen make the mistake of caring mainly about shareholders. But practice shows that such a distribution of resources proves to be ineffective.
You can not put money at the forefront.
People start their projects not only for the sake of money, but because they want to satisfy their mental needs and realize their intellectual potential. On the way to the goal, one must be guided by one’s ambitions, and not pursue profit. Greed will collide with the chosen path, it can not be surrendered. With purposefulness, money will appear in time.
Work with comfortable people.
Employing an employee, one must pay attention not only to his professional data, but also to his communication skills. The powerful mind of a person does not guarantee that it will be possible to work with him. If you hire a fine experienced deputy, it may soon turn out that he simply does not have confidence. And how then to build effective ties? Yes, and a solid resume will say little about whether a person is ready to grow and develop together with the company. You have to hire those with whom you are comfortable. Of these, you can then grow specialists of the right level.
Free is very expensive.
Do not get carried away by shares for free distribution of your products. And the information should be shared with the competitors carefully. It should be understood that the free provision of its resources deprives the company of profits. Thus, the money expended on the air spent on the development of their ideas and their implementation. Rivals can just get intellectual property. Altruism can do too much for an enterprise.
Think with your head.
It’s not what we are trying to convey, but what’s in our head. We must constantly comprehend everything around, draw conclusions and make decisions based on our own point of view.
Play your heart.
This advice does not contradict the previous one. Sometimes you should trust decisions based on your intuition. It will help in the selection of personnel, when setting strategic objectives. You can be very surprised at how true the decision was made by the heart, not by the mind.
Do not forget to enjoy life.
Our life is not just a job. Who wants to devote himself only to the race for the result and die prematurely from a heart attack in the workplace? That’s why you need to find time and give rest to your soul and body. Is it bad to spend time with family and friends, spend it on your favorite pastime, travel? If you devote your entire life to work alone, then it will be too late to regret it.
The worst thing is giving up ambitions.
When we leave some work unfinished and recognize our defeat, we practically give up a part of ourselves. After giving up a dream, we can not find out what they really are capable of. It is worth changing your strategy and adjusting your goals if necessary. But you can never give up!