For him, intelligence does not guarantee success. One key to success is to know how to treat people well.
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"If you want to be successful you must have a very good emotional quotient (EQ) because you will understand how to work with others, no matter how intelligent you are, if you can not work together, you will never succeed," he said.
He added that love quotient (LQ) also plays a big role to gain respect from others.
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"A lot of students are just paying attention to the intelligence quotient (IQ), without thinking about EQ and LQ.If you do not have those two elements, you will not get ahead," he said.
Jack Ma confessed that he had never been educated to be an entrepreneur. However, the time when the chairman of the class helped him gain experience to work together and deal with others.
In addition, acknowledging his own failure became one of the important things in self-establishment.
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"Many people fail because they always complain and comment on other things when the problem is crashed in. Only people who understand their problems can be successful, if you have a complaint, there should be a solution or if you do not complain," he said.
Then, he focuses on the younger generation to learn from the mistakes that others have made so that they can face the problem whenever they arrive.
Jack Ma also reminds them to ask themselves how much they are willing to sacrifice, when they are pursuing something they want.
When Alibaba started in 1999, many people who said themselves and the dream they wanted to achieve were crazy. Interestingly, there are 18 colleagues who are as crazy as he, who wants to develop Alibaba.
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"There is no crazy dream as long as there are people who believe it, if in a whole team of crazy people, there will be interesting things," he said.
