JACK MA
THE SUCCESSFUL MAN OF FAILURE
FOUNDER OF E-COMMERCE GIANT ALIBABA
We all get inspired by great people in this world, and All those great people have faced many
struggles and failures in their life and one among those is the
JACK MA -THE RICHEST MAN IN CHINA
Jack ma is the founder of the e-commerce giant Alibaba and is a stakeholder at Alipay ,its
sister company which is an e-payment portal.its very easy to hear this and it sounds good
but Jack Ma had it hard in his life to get where he is today.This will be inspiring you than you think.
EARLY LIFE AND EDUCATION
Born-10 september 1964 in hangzhou,zhejiang,china.As he was intrested in english he started conversing in english at hangzhou international hotel.As his intrest towards english made him to ride bicycle for tourist tours exams.It took four years for him to pass.Ma gratuated in 1988 with B.A. in english.after he was a lecturer in english and international trade at Hangzhou Diani University.
BUSINESS CAREER
When Ma was a teacher he applied for 30 different jobs and got rejected by all.
"I went for a job with the police;they said,'you 're no good",he even went to KFC when it came to his city .Twenty four people went for the job.Twenty three were accepted and he was the last who was rejected.And also he was 10 times rejected in Havard Business School and got rejected.
In 1995 he came to know about the internet by his friend.He found information related to beer from many countries in the world but none from China.He was suprised.He and his friend created an ugly website and launched it by 9:30 AM and he had recieved mail by 12:30 PM by chinese investors.Ma realized that internet has something great to offer.He and his wife by investing US$20,000 created websites for companies and he named it China pages.Within three years the company made US$800,00.From 1988-1999 he headed an information technology company established by china international electronic commerce center.In 1999 he quit and started alibaba with his 18 friends of venture developement with 500,000 yuan.
Alibaba won twice a total of $25 million foriegn venture capital investment.The program was expected to make commerce platform for small and medium size enterprisesto address World trade organization.In 2003 Ma found Taobao Marketplace Alipay.After the rapid rise of Taobao,ebay offered to puchase the company.However Ma rejected the offer.Alibab was raising $25 billion in september 2014.Now Ma served as the executive chairman of alibaba group which is a holding company with nine major subsidiaries.
On 9 January 2017 Ma met with united states President Donald Trump at Trump Tower to discuss the potential 1 million jobs openings in the following five years.On 8th september 2017 celebrating the 18th Alibaba's year of establishment.
ENTERTAINMENT CAREER
Ma made his first acting debut in 2017 in kung fu short film.In the same year Ma also participated in the singing festival and performed dances.
JACK MA AWARDS
2004-"TOP 10 ECONOMIC PERSONAS OF THE YEAR"
2005-"YOUNG GLOBAL LEADER"
2005-"25 MOST POWERFUL BUSINESS PERSON IN INDIA."
2007-"BUSINESS PERSON OF THE YEAR."
2008-"WORLD'S BEST CEO'S"
2013-HE WAS AWARDED AN HONORARY DOCTORAL DEGREE NY HONG KONG UNIVERSITY
2015-"ENTREPRENEUR OF THE YEAR"
Inspiring
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