Inspiring: A Perfect Rags To The Riches Tale Of Alibaba Founder.


This is a true story of a common man who redefines path of success. The man who failed in college entrance exams twice and went through a series of rejection is now one of the richest man in Asia. Unbelievable isn’t it ? Well, we’re talking about Jack Ma – the founder of Alibaba group, China’s leading e-commerce company with a present net worth of $30 billion. Ma born in a traditional musician family when communism was at its peak. When he was young His family’s financial condition wasn’t good, he struggled a lot even to attend school.

But this wasn’t the end of his failures, after completing high school he appeared for the college entrance exam twice but got failed both the times. Though he successfully then completed his graduation in 1988 with a bachelor’s degree in English. After that much struggle, he got a job of a English lecturer at a local university earning a modest equivalent of ₹800 a month. As he was good in English, he had a chance to visit US in 1995 as a Translator and was introduced to Internet. After a long term research he realized that Internet had so much great to offer the world. In April 1995, he along with his wife started a company with a $20,000 investment that created websites for smaller enterprises. And within 3 years, he managed to earn a whopping $800,000.

Motivated from his first startup, he decided​ to expand his business further in other sectors and thus Alibaba group was formed. Presently, Alibaba group has created over 40 million jobs for people around the world, not only this Alibaba group has now been diversified into nine major subsidiaries including Alipay and Alibaba cloud computing. This is all about a man who saw a series of failures in his life and at present the richest man of Republic of China. He strongly believed, ‘ Giving up is the biggest failure in life ‘. He is a living inspiration​ to all of us that no series of failures can stop someone from achieving their dreams.

This story is an example of immense success through failures, Do share with your friends.

Shubhangi

writter

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6 Comments

  • Pooja Mehra
    May 9, 2017 at 11:59 am

    Hello Shubhangi, thanks for sharing this inspiring article on Jack Ma the founder of Alibaba. Very inspirational story. Definitely going to come back for more article! 🙂

  • RED RIDING HOOD
    May 26, 2017 at 3:45 pm

    Inspiring 🙂 thank you

  • SeekAndRead
    June 2, 2017 at 6:51 am

    The only one thing that I don’t understand why all of these rich entrepreneurs failed in school and so on, are the richest men nowadays. How is this happen, luck?

  • Ro
    June 2, 2017 at 9:25 am

    great article!

  • Echoesofhervoice
    June 2, 2017 at 6:44 pm

    Wow, amazing. Great morals of hard work and faith!

  • nida
    June 3, 2017 at 1:03 am

    Very interesting facts !! thanks for share

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