The Inspirational Story of Alibaba Founder – Jack Ma

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During the 1960’s communism in China was at its peak and everyone lived under poverty. Amidst these crisis in a small town named Hangzhou lived a musician storyteller with his wife and three kids. The second child was however a bit different from his siblings.

When tourism was booming in China, this kid worked as a tourist guide in exchange for lessons in English. .

This boy failed his primary school examinations not once but twice.

Later in middle school exams, he failed three times.

After completing his high school he failed his university thrice.

He even applied for enrollment in Harvard University 10 times and got rejected every time.

In his third attempt, he got into a university where he graduated with bachelors degree in English.

 

After college, he applied for 30 different jobs and got rejected by all. One of them was KFC, out of 24 people who applied for the job, 23 got selected and he was the only one who was left out.

Later, he applied to become a police officer. 4 out of 5 people who had applied for the job got selected. He was again rejected, and told by the official “you’re no good!”

He visited USA in 1995, it was then that he got first introduced to Internet and Computers. He looked for various countries on the internet, he couldn’t find China, a country with 1 billion people anywhere on the world wide web. That is when he realized there’s a potential business opportunity for him on the internet.

He then launched a website for Chinese product with his friends called “The Chinapage”. It was ultimately shut down due to lack of funding.

Later, he came up with an idea that revolutionised e-commerce in China.

The man we’re talking about is Jack Ma, founder of alibaba.com. He’s now officially the richest man in China with an estimated net worth of $25 billion. He is the first mainland Chinese entrepreneur to appear on the cover of Forbes!

The Inspiring Life Story Of Alibaba Founder Jack Ma

” If you don’t give up, you still have a chance. Giving up is the greatest failure.” – Jack Ma.

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