“When KFC came to China. Then 24 people were interviewed to get jobs. 23 of them were selected. Only I was rejected, ‘said Jack, one of China’s richest men, who often misses out on his life’s struggles. He had failed twice in primary life and three times in secondary level in his school life. But it did not disappoint, it increased combat capability. According to world-renowned magazine Forbes, he is now the second richest person in Asia after India’s Mukesh Ambani. His net worth is 38.2 billion. Jack, the founder of Alibaba Group, was born on September 10, 1964, in a small village in China. His childhood was spent in poverty. As a child, he longed to learn and understand English. However, Chinese language was taught in schools. But Jack Ma learned English from tourists from abroad and gradually began to play the role of a tourist guide by speaking broken language. Her real name was Mayun, but it was difficult for tourists to pronounce the name. That’s why a tourist named him ‘Jack’. Jack, who has been working as a tourist guide for 13 years, continued this work for 9 years, as a result of which he could not concentrate enough on his studies and failed twice at the primary level and three times at the secondary level. Despite that, he did not give up. After finishing school and entering the city, he failed the college entrance exam twice and finally got admission for the third time. Jack Ma had applied for admission to the famous Harvard University in the United States during his college life, but even after applying 10 times, he was not accepted. Not only that, he was rejected more than 30 times while looking for a job. “I was not fit to go to work for the police. A great person who has failed 30 times. KFC had just arrived in China, 23 out of 24 applicants were selected, I was released, ‘he says. In 1994, Jack heard about the Internet, and registered his first company, the Hangzhou Hibo Translation Agency. In early 1995, he traveled to the United States with friends. There he learned about the Internet. That’s when he searched the internet for beer. There was information about bear species in many countries, but he was surprised not to see the names of the species found in China. He then searched for more information about China, but found nothing. A great person who has failed 30 times.
So, together with his friends, he created a website to provide information about China. He launched the website at 9:40 a.m., and by 12:30 a.m. Chinese investors had emailed him with interest. Jack Malley finally realized the power of the Internet. He started looking for his future in this field. In 1995, Jack and He Weaving started another company for China Page. On May 10, 1995, they registered ChinaPage.com in the United States. He planned to create a website for Chinese companies with the help of friends living in the United States. “The first time we connected to the internet, I called my friends at home and the dial-up connection was very slow,” he said. “After we waited for three hours and 30 minutes, half a page finally opened.” This time we watched TV and played cards. But I was very happy, because I proved that the Internet exists. Within three years, the company had earned 5 million Chinese yuan ( 800,000). The technology company, founded by the China International Electronic Commerce Center from 1998 to 1999, was led by Jack Ma, a state-owned company. He left his job in 1999 and returned to the village, and along with 17 other friends started the Ali Baba Startup Company. He started the company with 500,000 yuan. Initially, the company’s office was in his apartment. These days he had no other means of capital other than investing by friends. However, Goldman Sachs and Softbank later invested 25 million in it. Alibaba.com aims to teach ordinary Chinese to do business online, especially for small and medium-sized Chinese businesses. It played a big role in bringing Chinese products to the global market. On September 10, 2018, Jack Ma announced his resignation from the post of executive chairman, leaving the post one more year later. By this time, Alibaba Group Holding had become one of the largest companies in the world. Lately, Jack has been active in spreading his ideas along with social services through the Alibaba Foundation. Many young people who have been inspired by his life have succeeded in overcoming failure. A great person who has failed 30 times.
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