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The Jack Ma Story: Why Thinking Big Is More Important Than Technical Knowledge

The Jack Ma Story: Why Thinking Big Is More Important Than Technical Knowledge Building one of the world’s largest e-commerce companies doesn’t require specialized or technical knowledge, genius-level math—or even a business plan. So what does it take? Here’s the story of Jack Ma, the richest man in China and, with about $35 billion in assets, one of the richest people in the world. Jack Ma was born in 1964. As a boy, he did everything he could to learn English. He was an avid reader of Mark Twain and used every opportunity to get better at English. Aged 12, he had an idea of how he could improve his English skills: Every morning at five o’clock he rode his bicycle for 40 minutes to an international hotel in his hometown and waited there for tourists. When he approached them, he proposed a deal. He would show them around the city as a travel guide and they would teach him English in return. Even in rain and snow, he waited outside the hotel day after day, morning aft

Alibaba's Jack Ma calls 12-hour days a 'blessing,' argues for 72-hour work week

Alibaba's Jack Ma calls 12-hour days a 'blessing,' argues for 72-hour work week If you’re looking for that cushy 40 hour a week office job, you most likely won’t find in China’s tech scene, especially at e-commerce giant Alibaba. On Sunday, billionaire and co-founder of Alibaba Jack Ma defended his stance on China’s controversial work culture dubbed ‘996,’ which refers to working from 9am to 9pm six days a week. “I personally think that 996 is a huge blessing,” Ma wrote in a blog post Sunday on Chinese social media site Weibo. “How do you achieve the success you want without paying extra effort and time?” Ma, who recently stepped down as chairman at Alibaba and is worth an estimated $39 billion, according to Forbes, added that working those long hours is easy when you find something that you like and he has never regretted working 12 hour days when building his behemoth company. “If you don’t like [your work], every minute is torture,” he added. He