If you’ve been rejected multiple times, today’s feature will hopefully help you pick yourself up again and keep going.

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This guy learned a new language by interacting and working for nine years with tourists for free.

His business overcame the SARS outbreak and the COVID-19 pandemic and is also one of the biggest IPOs of all time at $25B. 

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Who is Jack Ma?

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Let’s look into Jack Ma, the co-founder and CEO of Alibaba Group. He’s one of the most influential entrepreneurs of our time and has achieved remarkable success in the business world. Jack Ma has a net worth of more than $23B as of May 2023.

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His journey from a modest background to becoming a billionaire is truly inspiring. Next, we’ll look into Jack Ma's top tips for success and how you can apply them to your own life.

Jack Ma's Top Tips for Success

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1. Get used to failing and getting rejected.

A lot are probably wondering about Jack Ma’s educational background. He was rejected 10 times from Harvard and rejected 30 times from different jobs from KFC and even the police force. Yet, Jack Ma viewed failures as valuable learning opportunities.

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2. Opportunities are found in the challenges.

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The powerful truth: opportunities are often found within the challenges we face.

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The story of Jack Ma is filled with challenges. But, according to him, these challenges can be stepping stones to something greater. These difficult situations push us to think creatively, problem-solve, and discover innovative solutions we might not have otherwise explored.

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One of Jack Ma’s quotes is, “Opportunity lies in the place where the complaints are.”

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3. Cultivate a healthy workplace culture.

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Creating an environment where employees thrive is not only beneficial for their well-being but also for the overall success of the business. Therefore, Alibaba’s culture focuses on cultivating a workplace where people feel empowered, respected, and excited to come to work.

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Jack Ma recognizes this and has also acknowledged the power of women in the workplace. 47% of the employees in Alibaba are women.

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4. Always be open to learning.

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Life is a never-ending journey of growth and exploration. We should continue to be open to figuring out new ideas, honing new skills, and gaining more experience. Stay curious!

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5. Focus on making your customers happy.

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Customers are the heart and soul of a thriving business. Therefore, all the planning, strategizing, and taking action should be guided on how your customers can be happy.

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6. Gain people’s trust

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When people trust each other, it holds relationships together, whether for business or personal life. For example, people work faster in the workplace and build stronger collaborations in a high-trust environment.

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When customers know that you have their best interest, it’s likely that they will turn out to be loyal customers and prefer your business over competitors. So make sure to deliver your promises and consistently provide services or products that address their needs.

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7. Think global

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By thinking globally, you open up new avenues for growth, innovation, and collaboration. So it's not just about thinking outside the box; it's about thinking beyond borders.

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8. Don’t focus on other people’s success but instead learn from their mistakes.

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Success stories don’t always reveal the whole picture. We all face challenges as we work on our goals. Therefore, it’s better to learn from other people’s mistakes. By studying the missteps and challenges others have encountered, we can gain valuable insights and avoid repeating similar errors in our journeys.

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9. Stay inspired

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Surround yourself with positive influences and constantly feed your mind with fresh ideas and perspectives. We should continuously chase our dreams, embrace our passions, and keep that fire burning bright within us.

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Think About It

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Have your eyes been locked on the success stories of others? Maybe you’ve been so consumed with being great, doing well, making the right decisions, and taking the right path. 

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Listen to the stories of failure too. These rejections and mistakes we sometimes try so hard to avoid can be pivotal for our journey toward success.

That’s it for today’s thoughts to think about.

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Remember financial success is within your reach. 

The Next Level Academy aims to give people the power to take charge of their finances, 

maximize their time to do things they love and continue to grow individually. You can take advantage of our free masterclass to get a head start!