5 Success Habits That Made Jack Ma a Billionaire

According to Forbes Jack Ma's net worth is estimated to be worth over 40 billion as of this video but wasn't always like this for him he grew up poor in communist China failed his Uni entrance exam twice was rejected from dozens of jobs including one at KFC before finding success with his third Internet company called Alibaba which is the China's answer to Amazon a sheer factor behind Jack Ma's success was the quality of his habits that allowed him to power through failures and adversities whose going through at the time despite all of things he had against him and that's why in today's video I'm gonna be sharing with you the five success habits that made Jack Ma a billionaire so make sure to pay close attention if you're somebody who want to get step closer to reaching your dream right now so without further ado let's go into the first habit which is used the power of LQ

Jack Ma mentions how intelligence yes it's important emotion intelligence yes is important however he said what you also gotta have is LQ which stands for love you see he goes on to talk about how a machine does not have a heart a machine does not have a soul and the machine does not have a belief and in this digital era the way things are moving towards artificial intelligence right now he says it's important to come from a place of compassion and loving connections of which a machine cannot replace as after all in this black and white world true colors show so he said it's important this display this LQ if you want to be a true leader and grow a successful business in fact the CEO of Starbucks Howard Schwartz was once quoted saying how we are not in the coffee business serving people but we are in the people business serving coffee you got to ask yourself right now how can I humanize my business in this black and white world how can I show more compassion to compare to my competitors how can I be more human and real and authentic in this artificial world that's the first habit

The second habit is to never reinvent the wheel despite this I see so many people out there trying to figure out themselves wasting all these hours researching researching researching when in fact you just got to simply ask you got to be able to willing to listen to other people who failed and who knows exactly what not to do in your current situation so be a humble student put your hands up and ask for help as Jack Ma says if you want to be successful learn from other people's mistakes don't learn from their success stories and this is why he's got a routine between 6 p.m. and 12 a.m. he specifically mentions how he'd rather instead of switching his brain off he focuses on making themself smarter stronger or something that broadens his network during this period of time and also another thing that Jack Ma does because he lives by this philosophy is he believes in the idea of friendly competition Ma does not see his competitors as enemies he sees them best friends that he can actually learn from and grow from so he knows exactly what to do and what not to do you too insider you got to become a hungry student of life learn from people who've gone out there made the mistakes and be willing to ask for help

Let's go into the third habit which is to set yourself up to win Jack Ma was quoted saying this how the next 30 years are critical for the world every technological revolution takes about 50 years in the first 20 years we witnessed the rise of technology giants like eBay Facebook Alibaba and Google this is good but now we need to focus on what comes next the reason why Jack Ma became so successful in his own right he's got this habit of setting himself up to win he's sitting down planning in advance what is he gonna do if there are adversities obstacles in his way I like to call this principle the if-then principle it's about acknowledging that life is full of obstacles there's no denying that no matter how positive you think about it so prepare your self in advance what are you gonna do if you face procrastination then what are you gonna do set the deck in your favor so no matter what you still do whatever it takes so it's all about planning in advance as after all if you fail to plan well then plan to fail

Let's go on to fourth habit which is be relentlessly solution focus this is what Jack Ma said he said if you don't give up you still have giving up is the greatest failure one of the habits that Jack Ma has is his ability to not see problems as a problem but instead as a gift he sees him as an opportunity in which that he can actually excel from and he powers through it no matter what in fact Jack Ma said how opportunities lie in the place where the complaints are so he views problems complaints differently and he moves forwards despite how he truly feels he's always focusing on the solution because he understands what you focus on expands so if you focus on issues right now if you complain about your current situation right now that's what acts as a glue that keeps you tied to it so you've got to focus on what you want not what you don't want

Let's go into a final habit which is regularly connect to your why Jack Ma said how no matter how the tough to chase is you should always have the dream you saw in the first day he'll keep you motivated and rescue you from any weak force think about why you began your journey what was the catalyst what was the belief you had and connect to that on a daily basis this is what Jack Ma does to keep himself lit every single day to keep himself fresh every single day to keep himself humble to the process as Jack Ma believes that this is the key to stay motivated and being allergic to weak force in your mind he acknowledges that little boys will be there that thing that tries to pin you in your current situation and try to stop you from moving forward but he realizes to be able to overcome this you got to connect to a bigger purpose your why in life so connect to something that's bigger beyond yourself that keeps you lit every single day

These are the five success habits that make Jack Ma a billionaire I hope you found today's video helpful if you have insider be sure to do me a favor right now and share this video with friends and loved ones why because life is all about paying it forwards so do me a favor and actually share this video right now to the people who need to hear this message like this video if you like this video and comment below regards to any questions feedback you may have and as always follow your heart my friend and take action and go live the life your truly born to live I'll see you on the next video soon take care