2introvert
Senior Member
- May 25, 2017
- 156
- 295
Jack Ma is the founder and executive chairman of Alibaba Group which is of Net Worth US$ 23.4 Billion.
Ma’s life has actually been riddled with failure.
Jack Ma's Chinese name is Ma Yun.
He failed his exit exams multiple times in elementary and middle school.
When he was applying for college, he failed his entrance exams three times. He scored 1 out of 120 on the math portion of his college entrance exam.
He failed the entrance exam of Hangzhou Teacher’s Institute twice. Later in 1988 completed bachelor’s degree in English.
Jack Ma applied for study at Harvard 10 times and was rejected each time.
Jack Ma applied for 30 different jobs and got rejected. He even applied for Job in KFC., he was among 24 applicants. Every applicant got in — except him.
When he applied to work in the police force, he was the only one that was rejected out of five applicants. He was told, “No, you’re no good.”
He started the China’s first internet-based company (e.g. China Yellow Pages) which failed. Alibaba was the second company.
Jack began his career as an English teacher.He used to guide tourists for free for 8 years and that’s how he learned speaking English fluently.
His First Salary was just 12-15 USD per month.
He has seen internet for the first time in 1995 during his first visit to US.
"Beer" was the first word that Jack Ma searched for on the internet
Jack Ma is the first mainland Chinese entrepreneur to appear on the cover of Forbes.
He raised initial round of funding for Alibaba within 2 hours. It was $60,000.
Zhang Ying is Jack Ma’s wife she was there with him from the very beginning. they met in school when they were studying to be teachers.
Jack Ma was called crazy (a lot) for starting Alibaba. As the underdog going up against an already established and expanding eBay in China, many people called him crazy.
Alibaba's Ma meets Trump, promises to bring one million jobs to U.S.
Alibaba now holds the record for the largest IPO ever in U.S. history at $25 billion with a market cap of $231.44 billion, more than Amazon’s $153.08 billion and eBay’s $65.04 billion combined.
Jack Ma is the richest person in China.
Jack Ma's Rules For Success
Get Used to Rejection.
Keep your Dreams Alive.
Focus On Culture.
People Ignore him because he is a [HASHTAG]#littleman[/HASHTAG]
Get Inspired.
Stay Focused
Customers are #1, Employ #2, Shareholders #3.He follow in Business these three rules.
Don't complain, Look for opportunities,Have passion
If you don't Giveup, you still have a chance
