Advice for students .

 My advice tothe young people 25 years old Make enough mistakes Don't worry You fall You stand up You fall, You stand up Enjoy it, I mean, if you have 25 years oldenjoy the show, just enjoy the show From 30 to 40 years old You have to thinkvery clearly Were you workingfor yourself? if you really want to beentrepreneur So 40 to 50 think about how can focuson things that you are good at But when you have 50 to 60 years oldwork for the young people because young peoplecan do it better than you So rely on them, invest on themmaking sure they're good So 25 years old Don't worry Any mistake is an incomeIs a wonderful revenue for you In the future it's not aboutthe competition of knowledge It's the competitionof creativity It's a competitionof imagination It's a competitionof learning It's a competitionof independent thinking If you think like a machinethe problem will come In the past 20 yearswill make people like a machine In the next 20 yearsmachine will look like a people So in the futureit's not knowledge driven It's the wisdom driven It's the experience driven In the past is the knowledge driven and it's the manufacturing driven And in the futureis the creativity driven I think next 30 yearsthe world is going to change a lot .

The new technology is goingto change every aspect of the world So this is what we think The worldshould be focusing on not only the IQ, EQ but also focus on LQthe Quotient of Love Because onlywhen you cared the others only when you carethe others that succeed and more successfulthan you are You have the chance 10 years ago internetwas so good when nobody believed internetwas so good Now internet is so toughbecause all the smart people go to Internet So you should goto the off ground I fail for... Funny things that I fail,a key primary school tests for two times and I fail like three timesfor the middle school, to go middle schools No I tried...There is an examination that young people If you want to go Universityyou have to take the examinations So I fail the three times When I graduated from universities,and before I... for three years I tried and Ifailed in the universities. So I applied jobs for 30 times, got rejected. I went for policeThey say: "No, you're not good" I went, even the KFC, when KFCcame to China, come to our city 24 peoplewent for the job 23 peoplewere accepted I was the only guy And we went for police, 5 people, 4 of them accepted.I was the only guy they're not receiving. So to me, being turned down,rejected. Oh, by the way, I told you that I appliedfor Harvard for 10 times, rejected.

 I learned so much about the Hollywood moviesespecially Forrest Gump -You love Forrest Gump-I love Forrest Gump -Why do you like him? Simple Never give up People think's he's a dumb but he knows what he's doing And I was very depressed the day... a year 2002 or 2003in the United States I was very depressed when I could notdefine out a way for the internet and then I watch the moviein my friend's home Forrest Gump when I see him I think This a guy we should learn from Believe what you're doing Love it Whether people like itor don't like it, be simple and like the word: "Life is like a box of chocolate,you never know what you can get", right? I never know I would be heretalking to you I never know But today I made it I told to my peoplein my apartment 18, 15 years ago Guys we haveto work hard Not for ourselves If we can be successful 80% of the young people in Chinacan be successful We don't have a rich father A powerful uncle We don't haveone dollar from bank A someone from government Just work as a team I worry about it today young peopleA lot of young people lose hope Lose vision And start a complaint We also have the same problem when I got... It's not a good feelingbeing rejected by so many people We also depressed but at least later we find that the worldhas a lot of opportunity How you see the world?

 How you catch the opportunity? So... Hollywood give mea lot of inspiration I at the beginningI never thought... I thought when I was youngI said: "Everything is possible" Now I know not everything is possible We have somethingyou have to think about You have to consider about the othersYou have to consider about the customer Society, Your employees The Shareholders There are so many things that I thinkIf you continue to work hard There's possibility It's not a mission If you don't do it Nothing is possible If you try to do itat least you have the hope Calm down There's always a way out And keep yourself balanced And meanwhiledon't try to keep because business is a... Competition is a fun Business is like abattlefield You die or I win Business... even if you die there will beanother winner, right? So it's better fun Yeah, tell them the story and tell them that if Jack... I don't think in this world there's a lot of peoplebe rejecting more than 30 times If we... you know,the only thing we never give up the only thing in we are likeForrest Gump We keep on fight We keep on change ourselves We don't complain Whether you are successfulor not successful I find that one peoplewhen they finish the job If they make a mistakeand they fail If they always complainedthe others This guy will nevercome back If the guy onlycheck himself Yeah, is something wrong with me hereSomething wrong me there This guy has a hope So many people I talked to at that timefor Alipay, they said "This is the stupidest ideayou have ever got" but I say: "I don't care if is a stupid clueas long as people use it" Now we have 800 million peopleusing this Alipay 1999 year 2000 and even at the Yahoo time a lot of people say: "This Jack is crazy,he's doing something that we don't understand" a lot of venture capitals give you money becausethere is such a American model already there but they say: "Alibaba? We don't seethis kind of model", right? -They said: "Jack's crazy"-Yeah, this is crazy guy I mean, I remembermy first time in Time magazine They call me"Crazy Jack" And I think crazy is good we are crazybut we're not stupid We know what we are doing But if everybody agreedwith me If everybody believedthat our idea is good We have no chance So that's... The money we raisedwe're very thankful So, when our investorsmakes a lot of money I feel proud and honored Everybody's made ita unique and different So, you must have a uniqueand different way A lot of people todayhave a lot of complaints Say: "I don't have opportunity" I complain a lot when I was young and suddenlyrealized complaint is not solve any problem 

The opportunity is alwaysin the place where people complain There are so many opportunitiesin the world In this world Because there areso many complaints If you can solve the complaint,one of the complaints That's the opportunity So this is what we made I think young people My advice to be an entrepreneur Don't be scared of failure Of setbacks And don't give up When we start the business we had 18 foundersincluding me 17 of them Now most of themare my students and most of them... Well, today people think: "These 18 peopleare the smarter people in China" We don't thinkwe were smart Honestly, we all graduatefrom the very poor schools The only thing we did We're very united We all believe the future We are all optimistic And we learnthrough mistakes We never give up If you graduatefrom famous Universitys Please Respect the peoplewho graduate from the poor schools Those people like us graduate from a poor universities Pleaserespect yourself We have chance We came todayto down We madeso many mistakes People say: "You are lucky"Yes, we are very lucky We in only 19 yearsreach today's size But we gone throughso many tough situations We made so many mistakesthat people cannot even imagine in probably 19 years You have to gone throughso many tough experience And that will make youdifferent ♪♪♪