Fifo Capital Headway Magazine, Q2 2017 Australia

Page 7

ONCE IN YOUR LIFE, TRY SOMETING. WORK HARD AT SOMETHING. TRY TO CHANGE. NOTHING BAD CAN HAPPEN. Jack Ma Founder, Alibaba Group

Ma once famously stated that he was happier as a low-wage teacher in Hangzhou, than as one of the most powerful businesspeople on earth. His humble, yet highly energetic approach to leadership have defined his career, and marked him as a unique figure among the world’s multi-billionaires.

determination to succeed in the face of adversity, along with his ability to bring out the best in his team, are what gave him the potential to dominate commerce on China’s Internet. His unique approach serves as a singular example to business owners all over the world.

Unlike extremely hands-on leaders like Elon Musk and Steve Jobs, Ma encourages business owners to make themselves replaceable, and to avoid making their operations dependent on them. This helps businesses to prevent complications due to bottlenecking, and gives individuals along the chain of command more freedom to make use of their particular skills and knowledge.

JACK MA’S 10 POINTS TO SUCCESS

Ma approaches leadership from an inspirational angle, focusing on defining general goals and a greater unifying vision for his employees. Uniting his team under that vision, and enabling them to do the work of realising it as efficiently as possible are what he sees as his primary function. His personal drive and

1. Get used to rejection 2. Keep your dream alive 3. Focus on culture 4. Ignore the little man (who don’t understand your idea) 5. Get inspired 6. Stay focused 7. Have a good name 8. Customers are number one 9. Don’t complain 10. Look for opportunities and lastly ... Have passion.

Fifo Capital Headway

2


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.