In an article on Philstar, Wilson Lee Flores talked about his visit to China. Flores thinks that unlike the depicted Chinese image in the western media, Chinese society is perfectly suitable for the grooming and development of business and entrepreneurship.  He thinks that after the efforts of Deng Xiaoping and other business pioneers inside China. Among all the famous and notorious Chinese businessmen, Flores graded Alibaba Group Holding Ltd (NYSE:BABA)’s CEO Jack Ma on the top. Alibaba Group Holding Ltd (NYSE:BABA) just came in the US with a staggering Initial Public Offering (IPO). Alibaba Group Holding Ltd (NYSE:BABA)’s CEO Jack Ma is now the richest man in China.

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Flores reflected some the lessons Jack Ma’s life gives to everyone in the world looking for success. Constant effort, never giving up and smart ideas are some of the paramount promising pre-requisites of success. Alibaba Group Holding Ltd (NYSE:BABA)’s journey kicked off back in 1999 when Ma started a small business with his other friends.

Alibaba Group Holding Ltd (NYSE:BABA)’s success story can be easily learned from Jack Ma’s quotes. Flores, in his article, mentioned some of Ma’s quotes with his personal ideas. Alibaba Group Holding Ltd (NYSE:BABA)’s CEO thinks that one must not be afraid of failure, because failure teaches a lot of lessons. Ma thinks that even if someone fails, he still gives a chance to learn new things. Another important lesson people can learn from Jack Ma is his abhorrence with plagiarism. Ma thinks that one must learn from his competitors, but no idea should be copied.

Alibaba Group Holding Ltd (NYSE:BABA)’s CEO thinks that societal problems always imbibe new opportunities and one must take full advantage of any vacuum that is present in the society. People who are looking to start their own company must focus on solving the problems that persistent in the society.

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