The Story of Jack Ma, Executive Chariman of Ali Baba
Jack Ma was born on 10th September 1964 in Hangzhou, China. He is the co-founder and executive chairman of Ali Baba Group today. Here is the story of Jack Ma.
Jack’s father was not a rich man. Therefore, Jack knew that he must do something big with his life to break the barrier. He started learning English language at a young age. Jack used to ride 70 miles on his bicycle as a tourist guide and communicate with the tourists in English. He continued that for 9 years. One of the tourists became his good friend and named him Jack as he found his Chinese name difficult to pronounce.
Jack struggled attending college. Moreover, It took one year for other students to clear the college exam. However, for Jack it took 4.
I attended Teachers Institute which was considered as the third or fourth-class institute in China ~ Jack Ma
He applied for 30 jobs and got rejected by all of them. He went to join KFC when it came in his city. 24 people applied for the job. 23 people got accepted. Jack got rejected. He applied 10 times in Harvard University. However, got rejected every time.
Jack struggled a lot in his early age but the best part about him was that he never quit. But, his dedication, devotion and determination are a clear indication and example for all of us. Today everybody knows Ali Baba but few of us know the story of Jack Ma.
In 1994, Jack got introduced with Internet. The first thing Jack searched for on the Internet was “beer”. He found the information from different countries but China. Then, he searched about China on the internet and was surprised to see that there is no information on the Internet regarding his country. At that moment, he realized the potential in the market.
Jack, his wife, and his friend raised US $20,000 and started their own company of creating websites for Chinese people. The company was named “China Yellow Pages”. Within 3 years, the company had made US $ 800,000.
Later, Jack came back to China to start Ali Baba. As Jack says,
Everyone said Ali Baba is a failed model, but I had belief in it. I never thought it would be this big as it is today, but yes, I knew it will be big
There is a difference between people who want success and people who work for success. Former help others to become successful too. Later just dream of success. They do nothing for others or themselves. The story of Jack Ma gives us the lesson to help others in life as well. Click here to find out how can you initiate your first step towards success.
After 16 years of hard work, Jack Ma owns Ali baba, Taobao, Tmall and Ali Pay. He has a net worth of more than US $ 40 Billion.
Jack’s story is a sheer example of hard work, consistency, devotion, and persistence. He has proven this to the rest of the world that it doesn’t matter where you are from. These are lame excuses. All what matters is that you are optimistic about your future and ready to avail the opportunity. Therefore, we must be clear that
People are rewarded in Public for what they have been practicing for years in private.
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