2. Billionaire Jack Ma, founder of Alibaba shared his adversity story when he was young, starting from when he failed a key primary school test twice, and failed three times while in middle school. He also applied to study in Harvard and was rejected ten times. He remembered applying for jobs and got rejected 30 times, or the time 25 people applied in KFC and they accepted 24 except him, or when five people applied for a police job and they accepted four except him. But he persisted, not giving up on himself. When faced with adversity, stop giving excuses and start finding solutions to keep improving. Question: • Is Entrepreneurship for everyone? Relate it to Jack Ma's story. • How important adaptability and grit in business?

2. Billionaire Jack Ma, founder of Alibaba shared his adversity story when he was young, starting from when he failed a key primary school test twice, and failed three times while in middle school. He also applied to study in Harvard and was rejected ten times. He remembered applying for jobs and got rejected 30 times, or the time 25 people applied in KFC and they accepted 24 except him, or when five people applied for a police job and they accepted four except him. But he persisted, not giving up on himself. When faced with adversity, stop giving excuses and start finding solutions to keep improving. Question: • Is Entrepreneurship for everyone? Relate it to Jack Ma's story. • How important adaptability and grit in business?

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter22: Frontiers Of Microeconomics

Section: Chapter Questions

Problem 6PA

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