Jack Ma Alibaba Success Story Biography Quotes
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Jack Ma Alibaba Success Story Biography Quotes

(Last Updated On: November 10, 2019)

Do you know how Jack Ma, founder of Alibaba faced challenges and overcame obstacles to become successful? Jack Ma’s success story, Biography, Quotes and top 10 rules for success are motivational. His speeches are powerful and inspiring.

Who Is Jack Ma?

  • Jack Ma is a Chinese business magnate who achieved major success.
  • He became a billionaire by founding Alibaba group, a family of successful Internet-based businesses.
  • He started his business with $20,000 that his wife and friend helped him raise.
  • He is the first mainland Chinese entrepreneur to appear on the cover of Forbes.

“There’s an examination for young people to go to university. I failed it three times. I failed a lot. So I applied to 30 different jobs and got rejected. I went for a job with the police; they said, ‘You’re no good.’ I even went to KFC when it came to my city. Twenty-four people went for the job. Twenty-three were accepted.” Jack Ma

Jack Ma Leadership Quote
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Jack Ma Leadership Quote

Jack Ma’s Success Story

Jack Ma, or Ma Yun (Chinese: 马云; [mà y̌n]; born 10 September 1964), is a Chinese business magnate, investor, politician and philanthropist. He is the co-founder and executive chair of Alibaba Group, a multinational technology conglomerate. Ma is a strong proponent of an open and market-driven economy.

A prominent business figure, Ma is seen as a global ambassador for Chinese business and as such is frequently listed as one of the world’s most powerful people by Forbes. He also serves as a role model for startup businesses.

In 2017, he was ranked second in the annual “World’s 50 Greatest Leaders” list by Fortune. On 10 September 2018, he announced that he will retire from Alibaba and pursue educational work, effective in one year, with Daniel Zhang succeeding him as executive chairman.

He applied ten times to Harvard Business School (HBS) and got rejected. As of June 2019, he is one of China’s richest men, with a net worth of $35.6 billion, as well as one of the wealthiest people in the world and also was ranked 21st in Forbes’ World’s Most Powerful People. Source : Wikipedia

Jack Ma Health Quote
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Jack Ma Health Quote

If we work so hard and put all the money in the hospital to buy medicine – it will be a disaster. Why we should work? So without a healthy environment of this Earth, no matter how much money you make, no matter how wonderful you are, you have a bad disaster.” Jack Ma

Jack Ma Success Story – Failure To Success

This video clearly shows his inspiring success story – Failure To Success.

“The most important thing is to make the technology inclusive – make the world change. Next, pay attention to those people who are 30 years old, because those are the internet generation. They will change the world; they are the builders of the world.” Jack Ma

You may like to know How To Be Fearless Of Failures In Life

Jack Ma’s Top 10 Rules For Success

  1. Get used to rejection
  2. Keep your dream alive
  3. Focus on culture
  4. Ignore the LittleMan
  5. Get inspired
  6. Stay focused
  7. Have a good name
  8. Customers are #1
  9. Don’t complain, look for opportunities
  10. Have passion

“There are big problems that change the world. If we are working together, that will make us understand each other, appreciate each other, help each other.” Jack Ma

Watch the video to hear his inspiring and powerful words

Above Rules and video source: Youtube

“I want to change history, do something important in my life, and influence individuals like we have with millions of small businesses on Alibaba. Then they love and respect you because you made their life important.” Jack Ma

Inspirational speech by Alibaba Founder Jack Ma

This is an inspirational speech for young people.

“We should keep on going along the path of globalization. Globalization is good… when trade stops, war comes.” Jack Ma

Spending money is much more difficult than making money. Jack Ma

Conclusion

From handling multiple failures to achieving enormous success in his life, the success story of Jack Ma proves that hard work and dedication can change a person’s fortune.

Recommended for success stories for reading

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Photo Credits – Foundations World Economic Forum [CC BY 2.0], via Wikimedia Commons

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