Jack Ma’s Ultimate Advice for Students & Young People – HOW TO SUCCEED IN LIFE

My advice to
the young people 25 years old Make enough mistakes Don’t worry You fall You stand up You fall, You stand up Enjoy it, I mean, if you have 25 years old
enjoy the show, just enjoy the show From 30 to 40 years old You have to think
very clearly Were you working
for yourself? if you really want to be
entrepreneur So 40 to 50 think about how can focus
on things that you are good at But when you have 50 to 60 years old
work for the young people because young people
can do it better than you So rely on them, invest on them
making sure they’re good So 25 years old Don’t worry Any mistake is an income
Is a wonderful revenue for you In the future it’s not about
the competition of knowledge It’s the competition
of creativity It’s a competition
of imagination It’s a competition
of learning It’s a competition
of independent thinking If you think like a machine
the problem will come In the past 20 years
will make people like a machine In the next 20 years
machine will look like a people So in the future
it’s not knowledge driven It’s the wisdom driven It’s the experience driven In the past is the knowledge driven and it’s the manufacturing driven And in the future
is the creativity driven I think next 30 years
the world is going to change a lot The new technology is going
to change every aspect of the world So this is what we think The world
should be focusing on not only the IQ, EQ but also focus on LQ
the Quotient of Love Because only
when you cared the others only when you care
the others that succeed and more successful
than you are You have the chance 10 years ago internet
was so good when nobody believed internet
was so good Now internet is so tough
because all the smart people go to Internet So you should go
to the off ground I fail for… Funny things that I fail,
a key primary school tests for two times and I fail like three times
for the middle school, to go middle schools No I tried…
There is an examination that young people If you want to go University
you have to take the examinations So I fail the three times When I graduated from universities,
and before I… for three years I tried and I
failed in the universities. So I applied jobs for 30 times, got rejected. I went for police
They say: “No, you’re not good” I went, even the KFC, when KFC
came to China, come to our city 24 people
went for the job 23 people
were accepted I was the only guy And we went for police, 5 people, 4 of them accepted.
I was the only guy they’re not receiving. So to me, being turned down,
rejected. Oh, by the way, I told you that I applied
for Harvard for 10 times, rejected. I learned so much about the Hollywood movies
especially Forrest Gump -You love Forrest Gump
-I love Forrest Gump -Why do you like him? Simple Never give up People think’s he’s a dumb but he knows what he’s doing And I was very depressed the day… a year 2002 or 2003
in the United States I was very depressed when I could not
define out a way for the internet and then I watch the movie
in my friend’s home Forrest Gump when I see him I think This a guy we should learn from Believe what you’re doing Love it Whether people like it
or don’t like it, be simple and like the word: “Life is like a box of chocolate,
you never know what you can get”, right? I never know I would be here
talking to you I never know But today I made it I told to my people
in my apartment 18, 15 years ago Guys we have
to work hard Not for ourselves If we can be successful 80% of the young people in China
can be successful We don’t have a rich father A powerful uncle We don’t have
one dollar from bank A someone from government Just work as a team I worry about it today young people
A lot of young people lose hope Lose vision And start a complaint We also have the same problem when I got… It’s not a good feeling
being rejected by so many people We also depressed but at least later we find that the world
has a lot of opportunity How you see the world? How you catch the opportunity? So… Hollywood give me
a lot of inspiration I at the beginning
I never thought… I thought when I was young
I said: “Everything is possible” Now I know not everything is possible We have something
you have to think about You have to consider about the others
You have to consider about the customer Society, Your employees The Shareholders There are so many things that I think
If you continue to work hard There’s possibility It’s not a mission If you don’t do it Nothing is possible If you try to do it
at least you have the hope Calm down There’s always a way out And keep yourself balanced And meanwhile
don’t try to keep because business is a… Competition is a fun Business is like a
battlefield You die or I win Business… even if you die there will be
another winner, right? So it’s better fun Yeah, tell them the story and tell them that if Jack… I don’t think in this world there’s a lot of people
be rejecting more than 30 times If we… you know,
the only thing we never give up the only thing in we are like
Forrest Gump We keep on fight We keep on change ourselves We don’t complain Whether you are successful
or not successful I find that one people
when they finish the job If they make a mistake
and they fail If they always complained
the others This guy will never
come back If the guy only
check himself Yeah, is something wrong with me here
Something wrong me there This guy has a hope So many people I talked to at that time
for Alipay, they said “This is the stupidest idea
you have ever got” but I say: “I don’t care if is a stupid clue
as long as people use it” Now we have 800 million people
using this Alipay 1999 year 2000 and even at the Yahoo time a lot of people say: “This Jack is crazy,
he’s doing something that we don’t understand” a lot of venture capitals give you money because
there is such a American model already there but they say: “Alibaba? We don’t see
this kind of model”, right? -They said: “Jack’s crazy”
-Yeah, this is crazy guy I mean, I remember
my first time in Time magazine They call me
“Crazy Jack” And I think crazy is good we are crazy
but we’re not stupid We know what we are doing But if everybody agreed
with me If everybody believed
that our idea is good We have no chance So that’s… The money we raised
we’re very thankful So, when our investors
makes a lot of money I feel proud and honored Everybody’s made it
a unique and different So, you must have a unique
and different way A lot of people today
have a lot of complaints Say: “I don’t have opportunity” I complain a lot when I was young and suddenly
realized complaint is not solve any problem The opportunity is always
in the place where people complain There are so many opportunities
in the world In this world Because there are
so many complaints If you can solve the complaint,
one of the complaints That’s the opportunity So this is what we made I think young people My advice to be an entrepreneur Don’t be scared of failure Of setbacks And don’t give up When we start the business we had 18 founders
including me 17 of them Now most of them
are my students and most of them… Well, today people think: “These 18 people
are the smarter people in China” We don’t think
we were smart Honestly, we all graduate
from the very poor schools The only thing we did We’re very united We all believe the future We are all optimistic And we learn
through mistakes We never give up If you graduate
from famous Universitys Please Respect the people
who graduate from the poor schools Those people like us graduate from a poor universities Please
respect yourself We have chance We came today
to down We made
so many mistakes People say: “You are lucky”
Yes, we are very lucky We in only 19 years
reach today’s size But we gone through
so many tough situations We made so many mistakes
that people cannot even imagine in probably 19 years You have to gone through
so many tough experience And that will make you
different ♪♪♪

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