The Inspirational Success Story – Jack Ma (Alibaba)
Jack Ma (Alibaba) in our series of inspirational success stories. Success stories play a significant role in inspiring people around the globe. Such stories not only motivate people but also change their lives. If we take a look at the lives of successful people, we find constant struggle, immense hard work, and zeal to meet goals, direct them to the path of success.
“ Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.”
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Another inspirational success story of real-life is of Jack Ma, which can really change the lives of people by inspiring and motivating them.
In this era, everyone knows the E-commerce giant Alibaba. Alibaba is a Chinese company deal in business electronically. Jack Ma is the founder of this well-reputed company and has 50% shares in Alipay. Jack ma has only 11.7% shares in Alibaba but worth of Alibaba is more than Facebook and Amazon.
“ The essential thing you should have is patience.”
Jack Ma is a self-made billionaire who started literally from the trash. Ma Yun a.k.a Jack Ma born to musicians and storytellers parents having a very humble background at Hangzhou which is part of southern China at the time of its alienation from western regions. He had one brother and sister. It was difficult for his parents to raise them with a limited amount of earning. When US President Richard Nixon visited Hangzhou in 1972, his visit opened the doors for tourism in the region.
“You should learn from your competitor but never copy. Copy, and you die.”
Jack saw it as an opportunity to change his life and never missed a chance to lose that opportunity. He was keen to learn English from the tourists and used to give rides to foreigners for free. He got his graduate degree in English and worked as a teacher at Hangzhou Dianzi University. Do you believe that his first salary was $12 per month? As every successful person once had to face rejection, jack had to face several rejections and failures during his life struggle. His educational life is full of failures. He failed in primary and high school examinations twice and thrice, respectively. Harvard University rejected him 10 times. Even he had to face several rejections from different employers.
“If you don’t give up, you still have a chance.”
He stated himself that unlucky person who was rejected by KFC in China and from the police force. Even he had to failed ventures to his name. One may not be on fault to call him an iron man who never took failures and rejections to his nerves and never gave up. Instead, he took them as a learning process that paves the path to success eventually.
“If we are a good team and know what we want to do, one of us can defeat ten of them.”
It was the year 1995 when he visited the US for a project. The US was the place where he came to know about the internet and computers for the very first time as computers could rarely be seen in China at that time. On realization of its significance, he decided to start his new venture Alibaba for which he got investment from his 17 friends.
“Try to find the right people, not the best people.”
It was a great challenge for him to build and gain the trust of people on online payment. Interestingly, Alibaba was a company with private investment that started work from jack apartment and soon able to get a loan from Soft bank and Goldman sacs in 1999. Before this startup, he was unaware of selling and coding but got a tremendous amount of success in a short period that Alibaba is only second to Walmart in E-market sales per year. With the success of Alibaba, Jack Ma became the richest man of China who has the worth of $25 billion. With a true story of struggle full of failures and rejections, Jack Ma is a source of inspiration to millions of people across the globe.
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