Allow Yourself the Wonderful Life of Always Being Open to Attract the Things that You Want. To Pick Up the Signs You Are Given. To Pursue Your Dreams and Wishes - ONE SMALL STEP AT A TIME.
Jack Ma, is a Chinese business magnate who is the founder and executive chairman of Alibaba Group, a family of successful Internet-based businesses.
At an early age he learned how to speak English and practiced it by conversing with tourist at a hotel forty minute bike ride from his home. He gave free service to tour them around the city as he practice his speaking the English language.
When he was ait took him four years to pass the entrance exams. He believed that education is the key for his success so he never gave up. He graduated in 1988 with a B.A. in English and he later enrolled at Beijing-based Cheung Kong Graduate School of Business and graduated in 2006.
"Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine"
After graduation, Ma applied for 30 different jobs and got rejected by all. "I went for a job with the police; they said, 'you're no good,'" Ma told interviewer Charlie Rose. "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...". In addition he applied 10 times for Harvard and got rejected.
"If you don't give up, you still have a chance. Giving up is the greatest failure."
In 1994, Ma heard about the Internet. During his first encounter he searched the word "beer". He was surprised to find none from China. Further, he tried to search for general information about China and again was surprised to find none. So he and his friend created an "ugly" website related to China. He launched the website at 9:40 AM and by 12:30 PM he had received emails from some Chinese wishing to know about him. This is when Ma realized that the Internet had something great to offer. In April 1995, Ma, his wife and a friend went around, asked for USD 20,000, and started their first company. Their company was dedicated to creating websites for companies. He named their company "China Yellow Pages." Within three years, his company had made 5,000,000 Chinese Yuan which was equivalent to USD 800,000.
"Once in your life try something. Work hard at something. Try to change, nothing bad can happen."
Ma began building websites for Chinese companies with the help of friends in the US. In 1999, he and his team found Alibaba, a China-based business-to-business marketplace site in his apartment with a group of 18 friends. He started a new round of venture development with 500,000 yuan.
In October 1999 and January 2000, Alibaba twice won a total of a $25 million foreign venture capital investment. Alibaba became one of the most valuable tech companies in the world after raising $25 billion, the largest initial public offering in US financial history. Ma now serves as executive chairman of Alibaba Group, which is a holding company with nine major subsidiaries: Alibaba.com, Taobao Marketplace, Tmall, eTao, Alibaba Cloud Computing, Juhuasuan, 1688.com, AliExpress.com and Alipay.
"We are never in lack of money. We lack people with dreams who can die for those dreams"
In November 2012, Alibaba's online transaction volume exceeded one trillion yuan. Ma was thus labeled "trillion Hou", meaning literally "Trillion Yuan Marquis" in Chinese.
Ma has often been invited to lecture at universities such as the Wharton School at the University of Pennsylvania, Massachusetts Institute of Technology, Harvard University, and Peking University.
As of 2016, Ma is the owner of Château de Sours in Bordeaux, Chateau Guerry in Côtes de Bourg and Château Perenne in Blaye, Côtes de Bordeaux.
On January 9, 2017, Ma talked with United States President Donald Trump at Trump Tower about how to create 1 million US jobs in five years.