Oct 252017
 

Chinese billionaire Jack Ma says Filipinos have a “heart to serve.”

The 53-year-old Alibaba Chairman, an icon in the technology sector stressed that Filipinos are poised to weather the automation wave that has the potential to displace jobs in manufacturing.

“Artificial intelligence, robots will kill a lot of jobs for manufacturing but the services industry will always be the key,” Ma said to students of De La Salle University in Manila.

“Filipino people have the best heart (for) service. It takes centuries to build up the heart to serve the people. The Philippines has great talent, great capabilities. No other country in the world has that,” Ma said.

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The Philippine outsourcing industry, a key driver of employment growth, is retooling its workforce to adapt to the use of artificial intelligence.

The founder and executive chairman of e-commerce giant Alibaba came to the Philippines as De La Salle University bestowed a Doctor of Science in Technopreneurship Honoris Causa on the Chinese billionaire.

Alibaba CEO Jack Ma receives honorary degree given by the De La Salle University in Manila on Wednesday. Mark Demayo, ABS-CBN News

SECRETS TO SUCCESS

Ma said successful people chase their dreams, no matter how foolish, and complain only about themselves without blaming others.

The founder of the e-commerce giant said successful people possess “IQ, EQ and LQ” or intelligence, emotional and love quotients. An intelligent person, he said, would not succeed if he or she does not know how to deal with other people.

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Ma said he was considered a “crazy guy” when he was starting an internet-based business in China.

“Is that a silly dream? Believe (in) something that you are really passionate about. Don’t believe it because other people think it’s important,” Ma said.

“Be simple, stay foolish and no matter what, just continue,” he said.

People who fail always complain about others, Ma said.

“Only those people who check their own problems, these people survive, these people succeed,” he said, adding, “If there is no solution, don’t complain.”

TECH REVOLUTION

Ma, the world’s 23rd richest man according to Forbes Magazine, with an estimated net worth of $38.3 billion said the Philippines, with its high mobile phone penetration, was poised to ride the new technological revolution, as he urged brick and mortar enterprises to embrace e-commerce.

Read Related Story: Alibaba’s Jack Ma invests in Globe’s digital financial services

He joked that his mobile data connection was “not good” when he arrived in Manila, but this provides the government and carriers the opportunity to “work together.”

“You have the opportunity, so many mobile phones, mobile phone coverage anywhere,” Ma stressed.

“We should make the Philippines a cashless society. Cashless society, no corruption. Life is easier,” he said.

Ma said “dreamers” would lead the “third technological revolution” by building services on internet technology.

Ma stressed that Asia was at the forefront of what he calls the third technological revolution.

Ma’s Alibaba is listed on the Nasdaq Exchange in the US. His company has a controlling stake in internet marketplace Lazada, which has up to 10 million customers in the Philippines. His Ant Financial has a strategic partnership with Globe Telecom.

(Story collated from ABS-CBN Business)

The post Chinese tycoon Jack Ma says Filipinos have the “Heart to Serve,” shares Success Secrets appeared first on Good News Pilipinas.

Sep 072017
 
Stress Management for Busy Entrepreneurs

Entrepreneurs are busy people. They carry a lot of burden on their shoulders and have a lot of tasks that keep them on their toes. But sometimes, businessmen may be so focused on making the business succeed that they lose sight of their family, friends, and even their selves. Sometimes, their busy schedule causes misunderstandings with their loved ones. And sometimes they are weighed down by the stress of keeping the business going. Entrepreneurs can suffer from anxiety and depression, lose the ability to solve problems, become unable to think rationally and make decisions because of stress. They may also become prone to health conditions such as hypertension and diabetes which may lead to heart attack or stroke. http://www.goodnewspilipinas.com/wp-admin/media-upload.php?post_id=7815&type=image&TB_iframe=1 Stress is inevitable in a business, but people have different reactions to it. There are three questions that can help you manage stress better: How does stress affect you physically? Does it also affect you emotionally or psychologically? How do you cope with stress? Some of the possible sources of stress are: children family, relationships finances illness lack of work-life balance loneliness committing to more than you can handle uncertainty work Emotional intelligence (EQ) is the ability to recognize your moods and emotions, as well as other people’s moods and emotions. A person with high EQ will know when stress is starting to get to him, and where the stress is coming from. Your ability to make decisions, maintain relationships, remain motivated, influence others, all depend on your EQ. When we Read More …