We as humans, are social creatures.
Outwardly we all may have different goals in life but the essence behind each
and every goal of ours is the desire to achieve success and for this, we seek
inspiration. Every day, we meet many people but look up to only a few of them
for the inspiration. What sets them apart from others is their story of success
and the journey they took to reach the destination. Stories have been a part of
every human culture and tradition since time immemorial. Not only they leave a
positive impact on our brain but also helps us develop a new and different
outlook on the life, its hardships, and lessons.
Today, we are going to hear a story. A
story about a man from China who is regarded as a God of the internet industry
in China. People in China look up to him and wants to be like him. This is the
story of Jack Ma, founder of Alibaba and a former teacher turned entrepreneur.
Jack Ma is the founder of Alibaba that
is an e-commerce giant in China and a stakeholder in Alipay, a sister company
which is an e-payment portal. He is the richest man in China. Though Alibaba is
not a household name outside China but its worth is more than Facebook and it
processes more good than Amazon and e-bay combined.
The story of Jack Ma is a story of rags
to riches that will keep inspiring you for the rest of your life no matter how
dark the days may be.
Jack Ma was born in Hangzhou, China
along with his elder brother and younger sister. Born in a lower-middle-class
family, the parents of Jack were Musicians-Storytellers and barely made enough
money to feed five mouths in the house.
Thanks to the former US President
Richard Nixon who played an important role in improving the situation of the
tourism in Hangzhou and Jack Ma made the most of the opportunity. He used the
opportunity to learn English as he used to give free English tours to
foreigners for free. The name Jack was given to him by a foreign girl as his
real name ‘Ma Yun’ was difficult for her to remember.
Rejection is not a failure
Rejections and Jack Ma used to go hand
●He failed his primary school exams,
●Failed in middle school exams, thrice.
●Before getting admitted into Hangzhou
Normal University, he failed three entrance exams.
●He was rejected by the Harvard
University 10 times.
After getting a degree from the college
he failed to land even the most simple of the jobs. In an interview, he told
that when KFC was hiring in China, 24 people had applied for the job. The
company selected 23 and Jack was the only one rejected. He was also among the 5
applicants who had applied for the police job, 4 were selected and again Jack
During his journey as an entrepreneur,
Jack’s two initial venture failed and Alibaba was his third venture. But,
despite all the adversities and rejections he never stopped dreaming big and
kept moving forward.
The rise of the Jack Ma
Jack Ma was first introduced to
computer and internet in 1995 when he was in the US for a Government
undertaking project. He fiddled with the internet for some time and then
searched for China. To his surprise, only one result popped on the search
engine and Jack Ma decided that it’s time that China and it’s people also make
their mark on the internet.
He pursued 17 of his friends to invest
in his venture Alibaba which he started from an apartment. Initially, there
were no investors for the company but later they raised $20 million from Soft
Bank and another $5 million from Goldman Sachs in 1999. But convincing people
of China that online payments and online selling and purchasing are a safe way
to shop was another challenge for the Jack Ma.
Jack Ma started his first successful
company at the age of 31 without being a good programmer or a graduate of a
world-class university. With time the company went on to break the boundaries
of China and is only second to Walmart in terms of sales per year.
Life lessons to learn from Jack Ma
For opportunity use telescope and not a
According to Ma who fails in life have
narrow confines for the actions. To be successful it is important to look
beyond the horizons of your profession because wealth and success are not
hostages to any profession.
Every opportunity is good
Whenever you find a chance in your
life, grab it. Don’t think it is too small or doesn’t match your standards. If
you want large in your life then don’t treat anything small.
Look beyond your circumstances
Despite your education, background and
other million factors you can still be successful. What matters is your spirit,
hard work, and fortitude. From where you start matters the least.
Focus on your ambition
It is your job to focus on your
ambition single-minded and never let it go. Others will not do it for you.
Learn to act
People want everything to go Swift.
What if Swift means that getting failed and bouncing back from the failure. To
be successful learn to accept the defeat and failure but forget that ‘giving
up’ is an option.
The story of Jack Ma is the story of a
Phoenix rising from its ashes. No matter what you ,where you live and what your
ambitions are, we all can learn from the story of the most inspirational and
influential entrepreneurs JACK MA.
At the Age of 54, and on China's Teacher's Day , Jack MA steps down from the Chinese e-commerce giant on Monday to pursue philanthropy in education. In an interview, Mr. Ma said his retirement is not the end of an era but “the beginning of an era.” He said he would be spending more of his time and fortune focused on education. “I love education,” he said.
Rags To Riches