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Why the Most Successful CEO of All Time Told Students 'I Hope You Suffer'

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He is one of the richest people in the world, with a fortune of $77.6 billion, according to Bloomberg

Γιατи ο πιο επιτχη μeνος CEO της εποχorς εiπε σε φοιτητeς &laquo

photo: AP

Jensen Huang is the star of the season. Nvidia's meteoric rise has brought it fame as well as riches. But he has a simple message for young people who want to achieve great things: You don't win if you don't hurt.

Last week, Nvidia's CEO spoke to students at Stanford University, in which he himself had studied.

“Achieving great things does not require intelligence. Greatness comes from character. And character is not shown by intelligent people, but by those who suffered”.

“Achieving great things does not require intelligence. Greatness comes from character. And character isn't shown by smart people, it's by people who have suffered,” Huang said, according to CNBC, when asked how students can maximize their chances of success.

He is entitled to give success tips. In 1993, he co-founded the semiconductor company Nvidia and has held the position of CEO for more than three decades. The company's success turned Huang into a billionaire. Now, with the artificial intelligence boom making Nvidia's chips in demand, the company has become one of the most valuable in the world, valued at more than $2 trillion. dollars.

Huang himself is one of the richest people in the world, with a fortune of $77.6 billion, according to Bloomberg.

In his view, there is one particular trait that can increase any person's chances of success: Resilience. At the Stanford event, he told students how he developed resilience to build and run one of the most valuable companies in the world.

“One of my great strengths is that I have very low expectations. ,” Huang said, noting that most Stanford graduates “have very high expectations” as a result of their education at this top university.

Often “people with very high expectations have very low resilience,” he explained, because they are not used to or prepared for failure.

“Unfortunately, resilience plays a role in success,” he said. “I don't know how to teach it to you, except to hope you suffer.”

He himself did suffer in Nvidia's early years. In 1996, the company nearly shut down as it struggled to compete with other semiconductor manufacturers. That forced Huang to lay off more than half his staff and change his product.

The experience taught him to better “read” the market and consumer demands, he told Fortune in 2001. .

“To this day I use the phrase 'pain and suffering' within our company with great pleasure,” Huang said at Stanford. “I mean that in a happy way, because you want to improve the character of your company. You want greatness from them.”

“For all of you Stanford students, I wish you copious doses of pain and suffering,” he concluded.

Source: www.kathimerini.com.cy

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