Biography of Jack Ma

Biography of Jack Ma | Jack Ma biography | Jack Ma - A Successful Personality  | Some motivational / inspirational quotes of Jack Ma

Jack Ma - A Successful Personality

Jack Ma was born on 10 September 1964 in Hangzhou, China. Jack parents were traditional musicians, and he has one younger sister and elder brother. Jack ma a guy who was born in a poor family became one of the world’s richest man, After completing his graduation he struggles a lot to get one Job. But today he is providing an opportunity to Lakhs of people to work on his company.

From his childhood Jack has a curiosity in learning and speaking English. But by that time no one has preferring to speak English in china. Once in 1972 America’s former President Richard M. Nixon has traveled to china for an Official work and visited Jack ma’s city Hangzhou. After visited that place Nixon said that he loved Hangzhou it was a beautiful place to visit. Similarly Hangzhou become a tourist destination and more foreigners preferred to visit that place. Here Jack thought he got one favorable opportunity, by communicating with foreigners will help to improve his English skills for that he became a tourist guide. He used to travel 50 kilometers in his bicycle to reach tourist place. He has been worked for 9 years as a tourist guide. After finishing his schooling he wrote an entrance exam to continue his education in college but he failed in entrance exam for twice. Finally the third time he passed in entrance and completed his college. Later to complete his degree he applied to Harvard University and got rejected more than 10 times. he was desperate with that and enrolled in china normal university and completed his bachelors degree.

Career

Jack entered in job searching, he applied for 30 jobs but unluckily he didn’t get selected in a single job. Subsequently he applied for a police job but they rejected him saying three simple words “you’re no good”. Jack was so frustrated even he applied for a Job in KFC 23 people got selected and the guy only one Jack was got rejected. Jack Ma is believed in theory of “Never Give Up”. Finally he joined as an English lecturer in one university. By continuing his job he started a translation service company. In 1995 jack visited USA for his company project. Here for the first time jack was introduced to computers and internet Because computers were rare in china. jack was surprised with computers and the first word he had searched in internet was Beer. jack got results for different countries but not china. Jack got a potential business opportunity and started a company called “China Pages” where Chinese Entrepreneurs could do business with the rest of the world. But due lack of funding jack shutdown that business.

Alibaba

Later Jack got placed in one government job in the Ministry of Foreign Trade and Economic Cooperation. However Jack was not so happy with that job he resigned to that job and by grouping 17 people he established one E-commerce company called Alibaba.com in 1999. Jack continued his efforts to raise funds and eventually two companies Goldman Sachs and Soft Bank invested $25 Million in Alibaba Group. After that with great efforts and unique ideas Alibaba Group profits crossed world’s Largest E-commerce company EBAY in China. Subsequently Jack succeeded in getting Yahoo to invest a huge count $1 Billion for a 40% stake in Alibaba Group in 2005.

Alibaba IPO

In 2014 Alibaba turned out largest IPO in the world, Jack and his team successfully raised $25 Billion for Alibaba by listing it in the New York stock exchange in the USA. That’s how Alibaba group become the world’s largest company till date. And also Jack Ma donates millions of dollars for people health and education in china.

Some motivational / inspirational quotes of Jack Ma

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

“The very important thing you should have is patience.”

“You should learn from your competitor but never copy. Copy and you die.”

“We are never in lack of money. We lack people with dreams, who can die for those dreams.”

“Once in your life, try something. Work hard at something. Try to change. Nothing bad can happen.”

“If there are nine rabbits on the ground, if you want to catch one, just focus on one.”

“A leader should be visionary and have more foresight than an employee.”

“Forget about your competitors, just focus on your customers.”

“If you don’t give up, you still have a chance.”

“When people think too highly of you, you have the responsibility to calm down and be yourself.”

“If we are a good team and know what we want to do, one of us can defeat ten of them.”

“Adopt and change before any major trends or changes.”

“Try to find the right people, not the best people.”

“If you want to win in the 21st century, yo have to empower others, making sure other people are better than you are. Then you will be successful.”

“Today is cruel. Tomorrow is crueler and the day after tomorrow is beautiful. ”

“The opportunities that everyone cannot see are the real opportunities.”

“On the path to success, you will notice that the successful ones are not whiners, nor do they complain often.”

“30% of all people will never believe you. Do not allow your colleagues and employees to work for you. Instead, let them work for a common goal.”

“A real businessman or entrepreneur has no enemies. Once he understands this, the sky’s the limit.”

“If you view everyone as your enemies then everyone around you will be enemies.”

“If you have different mindset, you will have a different outcome.”

“Don’t hire the most qualified, hire the craziest.”

“Success and profitability are outcome of focusing on customers and employees, not objectives.”

“Your attitude is more important than your capabilities. Similarly, your decision is more important than your capabilities.”