Businessman

Jack Ma

Jack Ma

Born:

Jack Ma is a Chinese business magnate, Internet, and technology entrepreneur who founded the Alibaba Group born on 10 September 1964, In Hangzhou, Zhejiang, China.

Family Background:

He is the son of Ma Laifa and his wife Cui Wencai. Jack has no brother and sister.

Personal Life:

Jack Ma married Zhang Ying after completing the graduation in the late 1980s. They have two children, one son, and one daughter.

Education:

Ma attended the Hangzhou Teacher’s Institute, Which is now known as Hangzhou Normal University and completed his graduation in B.A in English. later he entered the Cheung Kong Graduate School of Business (CKGSB) and completed graduation in 2006.

Career:

Beginning of his career, Jack worked as an English teacher. Jack Ma applied for 30 different jobs and every time he had got the rejection. Even in KFC, He went for an interview, at that time 24 other had come for a job, from them 23 people were got a job excepted him. He applied 10 times for Harvard and every time got the failure. In 1994, Jack had heard about the Internet and In 1995, He went the US with his friend and had been introduced the Internet. One of his friends even showed him how to connect to a Website. The same year, He had even raised a fund of $20000 for start his own firm with an intention of solely focussing on the internet. The purpose of the company, to create a website for their clients. That kind of business is totally new for Jack Ma. Jack managed to earn $800000 in a matter of just 3 years. In 1998, His success in the field of internet, Had led to Jack’s appointment as the head of a firm governed by the agency ‘China International Electronic Commerce Center’. He had continued working in the IT-based firm. In 1999, After stepping down from his responsibilities, He founded the Company, “Alibaba” with his friends. During 1999-2000, Alibaba company received the financial backing of $25 million, which had been helped in the growth of the company. The company in shorter time expanded business around 240 different nations. Jack’s next tried to venture into e-business, which he could foresee as a great money-making scheme of the 21st century. In this regard, He had also founded many firms such as ‘Taobao’, ‘Lynx’ and ‘Ali Mama’.

Unknown Facts:

  • Jack Ma started his career as an English teacher.
  • His life is full of failure and rejections.
  • Once he dressed up sang the Lion theme king song to his employees.
  • He loves dogs

Master Stroke:

  • Jack Ma is the first Mainland Chinese Entrepreneur, who appeared on the cover of Forbes.

Awards and Achievements:

  • In 2005, He received the Business Person of the year award.
  • In 2009, He received the Business leader of the Decade.
  • In 2013, He Honorary Doctoral Degree.
  • In 2015, He received the Entrepreneur of the year award.

What can we learn from him??

Like Jack Ma, Help others if you want to change the world. Making a difference in the world. Always keep Positive Attitude.

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