Wenshi Wang's blog

After I read Siyu Chen’s blog post about the Jack Ma, the CEO of Alibaba, I was greatly impressed by this amazing man. His persistence, insight, courage are all invaluable characteristics of a successful businessman.

Persistence: The path to a successful career is always difficult. In order not to give in to the difficulties, a good businessman should be persistent enough. Jack Ma did go through a lot of diffculties when he was about to set up Alibaba.

insight: Every industry has its history of evolution. But before it comes to its peak, few people have insight in it and  therefore lose the best investment opportunities. Jack Ma was one of the first people who have insight in the electronic business. At that time, few people have confidence in this new industry and many people anticiptated its failure in the coming days. Whereas, Jack Ma insisted the correctness of his own opinion and he made no effort to develop his business. In the end, Jack Ma’s huge success proved his insight to be correct and wise.

courage: As electronic business was a new-built industry, the risk of it was enormous. Everyone who decided to enter this market needed tremendous courage to take the huge risk. Jack Ma, a courageous man, did so. Then the great risk he took brought him huge profit in return.

Jack Ma has recently become the richest people in China and I consider the characteristics mentioned above contribute a lot to his success.

blog link:https://blogs.ubc.ca/siyuchen/2014/10/05/the-success-of-the-jack-ma-way/

pic link: