Jack Ma Motivational Video | Believe In Your Dreams | Inspirational Speech | Startup Stories

Summary

In this inspiring speech, the speaker emphasizes the importance of perseverance and vision in achieving dreams, despite numerous rejections and hardships. They recount their journey from multiple job rejections to founding Alibaba, highlighting the value of learning from mistakes and seizing opportunities. The speaker advises young people to learn from experiences, follow good mentors, and focus on their strengths. They stress the significance of adapting to different life stages, from being a student to working for younger generations, and the importance of innovation and teamwork.

Takeaways

• 💭 Believe in your dreams and take small steps towards them.
• 🎓 Persistence is key, even after multiple rejections.
• 👮‍♂️ Rejection from traditional paths can lead to finding new opportunities.
• 🌐 Look for opportunities in the world and be ready to catch them.
• 🤝 Success comes from working as a team, especially without initial resources.
• 💡 Don't be afraid to start something different; innovation is valuable.
• 🏡 Starting a business with limited resources is possible and can lead to success.
• 🌐 Learn from the criticism and use it as a stepping stone to prove your worth.
• 💼 Learn from experience and adapt your approach to entrepreneurship.
• 📈 Each mistake is a learning opportunity; view them as valuable lessons.
• 👨‍🏫 Follow a good mentor and learn from their experiences before venturing out.
• 🔍 Choose your work and mentors wisely; they significantly impact your growth.
• 🚀 Focus on your strengths and what you are passionate about in your career.
• 🌱 Support and invest in young people, as they are the future and can achieve great things.

Q & A

What is the key message about pursuing dreams according to the speaker?

The key message is to keep believing in your dreams and take small, steady steps towards them, no matter how big they are.

How many times was the speaker rejected when applying for jobs and university?

The speaker was rejected 30 times when applying for jobs and was rejected 10 times when applying to Harvard University.

What was the speaker's reaction to multiple rejections?

The speaker felt depressed and acknowledged that it's not a good feeling to be rejected by many, but later found that the world has many opportunities.

How did the speaker start Alibaba?

The speaker started Alibaba in 1999 by borrowing 2000 US dollars from relatives and friends, beginning in his apartment.

What was the initial public opinion about Alibaba's business model?

People initially thought Alibaba's business model was terrible, not profitable, and inferior to models like Amazon, eBay, and Google.

What was the speaker's response to the criticism of Alibaba's business model?

The speaker believed that Alibaba was better than what people thought and compared himself to those who fell while trying to ride horses, implying his resilience and survival despite the challenges.

How did the speaker view the idea of Alipay when it was first proposed?

The speaker faced criticism and was told that Alipay was the stupidest idea, but it later became successful with 800 million users.

What advice does the speaker give to young people regarding mistakes?

The speaker advises young people to see mistakes as a wonderful revenue, meaning valuable learning experiences.

What are the speaker's recommendations for different stages of life in terms of career?

Before 20, be a good student; before 30, follow someone and learn from them, preferably in a small company; from 30-40, decide if you want to be an entrepreneur; from 40-50, focus on what you're good at; and from 50-60, work for young people and support them.

Why should one focus on what they are good at after the age of 40 according to the speaker?

The speaker suggests focusing on strengths after 40 because the risk of failure is too high when trying new areas, and it's better to leverage one's expertise.

Why should people over 50 work for young people, according to the speaker?

The speaker believes that young people can do better and have more potential, so it's wise to rely on and invest in them, ensuring they are well-prepared and guided.