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Alibaba founder Jack Ma’s 5 top tips for entrepreneurs

Sacrifices, building a team and striking early – just some of the advice Ma shared with would-be CEOs

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Alibaba Group Executive Chairman Jack Ma gestures during the JUMPSTARTER 2017 Grand Finale in Hong Kong on November 21, 2017. The event is aimed at encouraging and boosting the Hong Kong startup community. / AFP PHOTO / Anthony WALLACE
Get ready to make sacrifices if you want to be an entrepreneur, Alibaba founder Jack Ma said at the grand final of the Jumpstarter 2017 start-up competition in Hong Kong.
Ma had plenty of advice for budding entrepreneurs during a fireside chat with Hong Kong Chief Executive Carrie Lam, drawing from experience gained from his 18-year journey turning Alibaba into one of the biggest technology companies in the world. Here are five of his tips.

Alibaba owns the South China Morning Post.

1. A great entrepreneur is always optimistic

Get those negative thoughts out of your head - an entrepreneur should be optimistic, Ma insisted.

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