Chinese billionaire Jack Ma Inspirational Story

An 8-year-old boy who used to roam the tourists in exchange for learning English, later became the richest man in China and became famous by the name

Jack Ma - Inspirational Story Of Alibaba Founder Jack Ma

Jack Ma was born on September 10, 1964 in Hangzhou, a small village in China. Jack Ma's parents worked by singing and playing traditional songs. Jack Ma had a great desire to learn English since childhood, so he used to go to Hangzhou International Hotel on a bicycle where big foreign nationals used to come.

Jack Ma used to speak his broken English before those people to learn English. The English language was not considered as necessary in China. But when Jack Ma learned to speak some good English, he worked as a tourist guide for foreigners from other countries.

While doing so, his English became very good. He did this for about 9 years. Jack Ma also worked as an English teacher at Hangzhou Institute of Electronic Engineering.

He became a good foreign friend while working as a tourist guide. Jack Ma's real name was Ma Yun but it was very difficult to speak in Chinese language, so that foreign friend named him Jack Ma, since then he came to be known as Jack. After that Jack's mother started looking for a job.

Career struggle - INSPIRATIONAL STORY OF Alibaba Founder Jack Ma

Jack Ma's initial journey was not easy at all, but to be talked about his career, after applying for the job many times, he felt disappointed.

Jack Ma tried for more than 30 jobs, but he got just failure from everywhere. He once tried for a police job but was refused on sight.When KFC's restaurant opened in his city for the first time, he tried for a job in KFC as well, but out of 24 people who went there, 23 people got jobs but only one did not get them. This shows how complete his life was.Jack Ma first heard about the Internet in 1994. Jack Ma went to the USA in 1995 to learn about the Internet with the help of his friends. He first saw and ran the Internet in the United States.He first searched the word Bear on the Internet, where he got many types of information about the word Bear from other websites. When he paid good attention, he saw that there is no information about it in the Chinese language on the Internet and thus suggest an idea in his mind.

Jack Ma and his American friend together created their first website full of information about China. Within a few hours of making, Jack Ma started receiving emails from some Chinese people. Seeing this, Jack Ma came to know about the strength of the Internet.In the same year in 1995, Jack Ma, his wife and Kukuh friends together deposited some money and started a company to build a website which they named China Yellow Pages. To start this company, all the friends together had deposited about $ 20,000.

The main job of this company was to create websites for other companies. Within 3 years, the same company made a profit of $ 3 million and Jack and his team then started building websites for Chinese companies.Jack Ma said that when he used to work on the website with his friends, he had to play TV and playing cards. This is because the internet speed at that time was so slow that it used to take 3.5 hours to make half the page. Jack Ma bought his first computer at the age of 33.

He also worked in an IT company established by China International Electronic Commerce Center in 1998–1999, but after that he left work and returned to his native place of Hangzhou with a team of 17 friends. After that Jack Ma started his first B to B eCommerce website with 17 friends sitting at his home. Jack Ma says he was sitting in a coffee shop in San Fransisco.Although he already had a desire to name his website as Alibaba, but he asked a shop waitress - Do you know about Alibaba? So the answer came, open sim-sim.After that he asked the same question to many Indians, Americans and people of other countries, and he appealed that everyone knew about Alibaba. Just then he started his company under the name Alibaba Groups.

Since then, Alibaba Groups has made its name in the whole world and started its business in more than 240 countries. According to the September 2014 data, the Alibaba company raised $ 25 Billion according to the New York Stock Exchange, which was a huge success. According to a September 10, 2017 Forbes report, Jack Ma 17th grossed 37.6 Billion USD. According to the 2017 report, there are 50000+ people working in this company today.

Jack Ma inspirational Speech

1.Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.

2.Help young people. Help small guys. Because small guys will be big. Young people will have the seeds you bury in their minds, and when they grow up, they will change the world.

 

3.When you have one million dollars, you’re a lucky person. When you have 10 million dollars, you’ve got trouble, a lot of headaches.

4. I flunked my exam for university two times before I was accepted by what was considered my city’s worst university, Hangzhou Teachers University.

5. When I am myself, I am happy and have a good result.

6.The lessons I learned from the dark days at Alibaba are that you’ve got to make your team have value, innovation, and vision. Also, if you don’t give up, you still have a chance. And, when you are small, you have to be very focused and rely on your brain, not your strength.

7.You should learn from your competitor, but never copy. Copy and you die.

8. The very important thing you should have is patience.

9.I try to make myself happy, no, because I know that if I’m not happy, my colleagues are not happy and my shareholders are not happy and my customers are not happy.

10.My job is making money, helping other people make money. I am spending money, trying to make sure more people get rich, because you cannot spend a lot of money, right? So my job is spending money, helping others. This is a headache.

11.I don’t want to be liked. I want to be respected.

12. If Alibaba cannot become a Microsoft or Wal-Mart, I will regret it for the rest of my life.

13.My job is to help more people have jobs.

14.Before I left China, I was educated that China was the richest, happiest country in the world. So when I arrived Australia, I thought, ‘Oh my God, everything is different from what I was told.’ Since then, I started to think differently.

15.I want people to learn what democracy means.

16.You’ve to make consumers smart. An e-commerce portal doesn’t sell a product at cheaper rates, instead an offline shop sells it at a costlier prices.

17.Today, making money is very simple. But making sustainable money while being responsible to the society and improving the world is very difficult.

18. A leader should have higher grit and tenacity, and be able to endure what the employees can’t.

19.Intelligent people need a fool to lead them. When the team’s all a bunch of scientists, it is best to have a peasant lead the way. His way of thinking is different. It’s easier to win if you have people seeing things from different perspectives.

20.We’re never in lack of money. We lack people with dreams, who can die for those dreams.