Jack Ma

I was reading Kantipur, a no. 1 newspaper of Nepal. It was a surprise to see that Kantipur is celebrating its 24th anniversary. I could not believe how fast it has gone so far. Congratulations Kantipur…!!!!!!!!!

It was a special edition of its 24th anniversary with title Aarjan. Among various articles, my eyes caught one of them written by Mr. Dinesh Yadav in page 31 – World Business Leaders. From Aliko Dangote, Robert Kuok, Rinat Akhmetove to Dhanin chearavanont, he had beautifully described their success stories. But one man caught my heart and he is Jack Ma.

Jack Ma, co-founder of Alibaba.

He is from our neighboring country, China. He has been to USA, Europe, Korea sharing his ideas and experiences with the people. Although he is near to us but he has never been to our country. I hope one day, he will be in Nepal to influence the Nepalese youth for the innovation and entrepreneurship.

I am truly inspired by his stories, his words and his ideology.

So, today, I could not stop writing about him and his stories. I hope anyone reading this article will surely be motivated and inspired by his story.

 

No matter how tough the chase is, you should always have the dream you saw on the first day. It’ll keep you motivated and rescue you from any weak thoughts.”

Jack Ma, originally known as Ma Yun, was born in September 10, 1964 in Hangzhou, Zhejiang Province, China.  In his early age, he traveled 40 minutes from his home to Hangzhou Hotel just to practice English with foreigners. For nine years, he did that just to improve his English and instead he would even tour them for free around the city. He became a pen friend with one of the foreigners who named him Jack after he found Ma Yun hard to remember.

 ”You never know how much you can do in your life. ”

It took four years for Ma to pass the college entrance and finally attended Hangzhou Teacher’s Institute (Now Hangzhou Normal University). He graduated with BA in English in 1988. After that, he applied for job in 30 different places but all of them rejected. In an interview with Charlie Rose, he told,

I failed a key primary school test 2 times, I failed the middle school test 3 times, I failed the college entrance exam 2 times.”

” I went for a job with the police; they said, ‘you’re no good,'”

”I was the only one out of 5 applicants to the police force to be rejected.”

“I even went to KFC when it came to my city. Twenty-four people went for the job. Twenty-three were accepted. I was the only guy to get rejected.”

Furthermore, his  application got rejected 10 times from Harvard University and he told to himself that ”Someday I should go teach there”.

‘If you don’t give up, you still have a chance. Giving up is the greatest failure.”

Jack Ma went to USA in early 1995 with his friends where he got chance to encounter internet. The first word he searched in internet was beer. He was surprised not to see the Chinese beer although there were many others from different countries. Furthermore, he was shocked not find any data about his country. At that moment, he realized that internet has something to do great. He visualized the potential business opportunities of the internet and how it could be helpful for the small and medium Chinese enterprises to do business with the rest of the world.

”If you never tried, how do you know there’s no chance?”

So, he and his friends  created a website named “Chinapage” about Chinese businesses and their products. Within some hours, he received emails from people around the world requesting to partner up. Later, Ma partnered with a government entity to get a better funding. Unfortunately, the collaboration failed which led to Ma’s eventual departure.

”It doesn’t matter if I failed. At least I passed the concept on to others. Even if I don’t succeed, someone will succeed.”

He took a government job from 1998 to 1999 at the ministry of foreign trade and economic cooperation. Then, he resigned. With a group of 18 people (including himself and his wife) at his home, he influenced them by his dream of establishing Alibaba. In the early days, his business model was criticized to be unprofitable and unsustainable by many. But he continued his business with the goal of facilitating international trade for small and medium ventures based in China

Now, Alibaba is one of the world’s largest e-commerce companies outside the USA with capital around USD 200 Billion.

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

Analyzing Jack Ma’s life, from childhood to building a multi billion dollar global e-commerce company, he has failed many times, he has been been rejected many times and he has been called crazy, even by his father.

”I think crazy is good! We are crazy but not stupid! If everyone agrees with me and if everybody believes in our idea is good – we will have no chance.”

I have shortlisted some of the videos of Jack Ma from youtube links. I am sure it will be helpful for you:

 

 

References:

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s