VISIONARY – JACK MA
“Trust the young people; trust this generation’s innovation. They’re making things, changing innovation every day. And all the consumers are the same: they want new things, they want cheap things, they want good things, they want unique things. If we can create this kind of things for consumers, they will come.” – Jack Ma
Rejection is usually the biggest fear for a person and for many people it is not easy to bounce back through the obstacles of life, but not this man– “Jack Ma” who is the co-founder and executive chairman of the Multinational conglomerate company “Alibaba” and also the richest man in China. His life is an inspirational story for others and people also admire him for his motivational speeches and cool attitude.
Jack Ma who is also known as Ma Yun, Ma being his family name was born on 15th October 1964 at Hangzhou which is southeast China. He grew up in poor communist China and had to face hardship due to it. Growing up their family didn’t have much money so, during his teenage years, Ma used to wake up early and go to City’s main hotel and used to give tours to the foreigners in exchange for English lessons. Even his nickname ‘Jack’ was given to him by a tourist.
Ma wanted to live a good life and he knew it could be possible only through education so, after high school, he applied to college but failed twice in the entrance exam and with the third try he got into ‘Hangzhou Teacher’s Institute’ from where he graduated in 1988.
Jack Ma was rejected more than a dozen times from different companies including KFC and Harvard Business School, up until he was hired as an English Tutor by a local university. No doubt his students loved him but he was only making $12 a month which couldn’t meet his needs.
In 1995 on a trip to the US he for the first time used the internet and was very much fascinated by the technology and decided to start an internet company for China as when he searched for ‘Beer’ there were no companies from China and he felt that there is not any online marketing platform for his people and this is where he got the idea and inspiration for starting an online venture for interest of his people. Although his first two ventures didn’t succeed, 4 years later in 1999 he gathered 17 of his friends and convinced them to invest in his third venture an online marketplace called “Alibaba”.
The company was a huge hit and became successful in no time, the profits were soring in, big companies came forward to invest in this new venture which made Jack Ma richest man in China with a total net worth of $37.9 billion. He is also an environmentalist and funds a 27,000-acre natural reserve in China.
In 2013, he stepped down as the chairman of his company. Ma is also well known for his simplicity and humble nature, at their company anniversary he dressed up as a Punk rocker in front of at least 20,000 employees.
A boy who was born in the depths of poverty suffered hardship and rejection made himself the man who he is today all by his dedication and his urge to end his suffering. It’s his life story that has rejections and failures at many stages of life, but it’s his dedication and sincerity that teaches us not to be afraid of rejection, not to let our morale down due to failures as it is simply a part of life and happens to everyone, eventually failure is inevitable but every person must pursue his dreams and overcome any obstacles that life throws at us. It’s his courage that must inspire us to move forward in life and achieve our goals for a better tomorrow.
A visionary such as “Jack Ma” wanted to make the world a better place and now has not only employed thousands of employees but he also delivers motivational speeches to inspire youngsters, and in fact, he is quite admired for his words and has fueled up the fire of innovation for many people.
All he did was never gave up and that is the man who changed the meaning of success forever “Jack Ma”