Chinese Billionaire Says:- If you’re still poor at 35, you deserve it!


“If you are still poor at 35, you deserve it!” - This are the words of Billionaire Jack Ma,  founder of the popular eCommerce website, Alibaba. Hear what he has to say.

Jack Ma: Before I founded Alibaba, I invited 24 friends to my house to discuss the business opportunity. After discussing for a full two hours, they were still confused — I have to say that I may not have put myself across in a clear manner then. The verdict: 23 out of the 24 people in the room told me to drop the idea, for a multitude of reasons, such as: ‘you do not know anything about the internet, and more prominently, you do not have the start-up capital for this’ etc etc.

There was only one friend (who was working in a bank then) who told me, “If you want to do it, just try it. If things don’t work out the way you expected it to, you can always revert back to what you were doing before.” I pondered upon this for one night, and by the next morning, I decided I would do it anyway, even if all of the 24 people opposed the idea.



When I first started Alibaba, I was immediately met with strong opposition from family and friends. Looking back, I realised that the biggest driving force for me then was not my confidence in the Internet and the potential it held, but more of this:  “No matter what one does, regardless of failure or success, the experience is a form of success in itself.” You have got to keep trying, and if it doesn’t work, you always can revert back to what you were doing before.

As with this quote by T.E. Lawrence – “All men dream: but not equally. Those who dream in the dark recesses of the night awake in the day to find all was vanity. But the dreamers of day are dangerous men, for they may act their dreams with open eyes, and make it possible.”



Jack Ma: People lose out in life because of these 4 reasons:

Being myopic to opportunity
Looking down on opportunities
Lacking understanding
Failing to act quickly enough
You are poor, because you have no ambition.

Ambition is living a life of great ideals; a magnificent goal in life that must be realised.

In this world, there are things that are deemed unfathomable, but there is nothing in this world that cannot be done. The depth of one’s ambition determines the potential of one’ future.

The Story of Juliet Wu Shihong – one of China’s first-generation professional managers, who gained success by working her way up the ranks from a cleaner, a nurse, a marketing executive, through self-education and learning on the job.



She had been the general manager for the world’s most famous multinational IT groups’ Chinese branches (Microsoft 1985-1998; IBM 1998-1999). She is also China’s first successful international corporate executive to join the executive team of a domestic private firm. Wu was seen as a symbol of the new generation of business executives that China has produced in its economic reform and opening-up.

When Wu started off in a big company working from the lowest ranks, her daily job was to pour tea and sweep floors. Once, because she forgot her staff pass, the company’s guard stopped her at the door and denied her entry. She explained to the guard that she was indeed one of the company’s employees, and that she had merely left the building for a short while to purchase office supplies.

Despite her pleas, the guard still did not allow to enter. As she stood at the gate, she watched as those of similar age to her, but smartly dressed in business attire walking through without having to show their passes.

She asked the guard, “Why are these people allowed through without producing a pass?” The guard dismissed her coldly nonetheless.

That was the turning point for Wu – she felt great shame, her self-esteem trampled on.

She looked at herself, dressed in shabby clothes and pushing a dirty push cart. Looking back at those dressed in smart attire, her heart felt a deep ache from the sudden realization of the sorrow and grief from being discriminated. From that moment, she vowed never to allow herself to be shamed like this again, and to become world-famous.

Since then, she used every opportunity to enrich herself. Every day, she was the first to arrive at work, and the last one to leave. She made every second count, spending her time learning the ropes. Her efforts soon paid off; she was made a sales representative, and quickly progressed to being the regional general manager of this multinational company in China. Wu did not possess strong academic qualifications, and was revered as the ‘Queen of Part-timers’. Subsequently, she assumed the position of GM of IBM China.


If not for the incident, Wu Shihong would not have had the ambition to become rich, and her life would have taken a very different path then.

You are poor because you do not have the desire to become successful.
You are poor because you lack foresight.
You are poor because you cannot overcome your cowardice.
You are poor because you lack the courage and determination.
With ambition you can overcome all inferiority and maximise your potential!
With ambition you can persevere, continuously learn new things and strive for perfection.
With ambition you can defy all odds, and create miracles when others daren’t.
No matter how poor your family is, do not doubt your own abilities and lose sight of your ambition.

When your family deems you worthless, no one will pity you.
When your parents do not have money to pay the medical bills, no one will pity you.
When you are beaten by your competitors, no one will pity you.
When your loved ones abandon you, no one will pity you.
When you have not accomplished anything by the time you are 35, no one will pity you.
Go big, or go home. Otherwise, you’re wasting your youth.

http://wanentrepreneur.com/2014/10/06/chinese-billionaire-youre-poor-35-deserve/

these is type of article one should be reading

so inspiring!

3coins:
if everyone is rich,no one is rich

I'm sure you read the post. It is not about being rich but you don't need to be poor if you do the right things.

The state of richness is not measured by the millions/billions you have in your account but being able to meet your immediate needs.

Once you can provide clothing, food and shelter you can't be classified as being poor.

3coins:
if everyone is rich,no one is rich

so you prefer being poor right?..

rawpadgin:
these is type of article one should be reading

so inspiring!

Yea so inspiring. Was why I tot of sharing. Learn one or two things from it.

3coins:

i dont think i have to answer this stoopid question

Your Stu_pid comment gave birth your acclaimed Stu_pid question.

Beta inspiring post. Not like those useless blog issue threads. Thanks Op.

3coins:

my point exactly. . . Not everybodY will be able to provide for themself. . . It is a good article but i take exception to this: "if you are up to 35 and still poor,you deserve it"

Have you visited the Scandinavian countries recently or Libya under Ghaddafi. A country where citizens have the opportunity of advancing in their chosen field will have little or no poor people.

The choice will be left to the individual to either choose to be hardworking and industrious or be lazy and be after crumbs. The article is just about people taking advantage of their youth to better their lot in life.

It is not about being rich or poor but about the choice we make at the peak of our youthfulness.

Nice article there.

I love this write up with all my heart....

Wow,wow,wow...

I am too passionate for success...

Nice thread. So inspiring. @chucksworld I sight you.

Wow is the word,op thanks a million times for sharing may God uplift u the more.

Thanks for sharing this...I appreciate !!!

U don't need serious capital these Days all U need is a Serious Idea and a willing Investor! Nice One! I am Uplifted......

Nice Article next time when you are typing this kind of Article always try and provide ideals to people because i see alot of comment here in this forum that state they have money but dey don't no what to do with it .If you are a victim of such let me no

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