Jack Ma or Ma Yun is the founder and chairman of Alibaba group, the highly-successful Chinese e-commerce company. He is the first Chinese businessman to appear on the cover of Forbes magazine and also the 18th richest man in the world.

So it’s safe to assume that he knows a thing or two about business. The 50-year-old addressed a group of young professionals the other day, and the message he gave was some very sound advice for each one of us: