THE LEADER THAT I IDOL THE MOST

JACK MA

CREDIT : GOOGLE IMAGE

Who is Jack Ma ??
Jack Ma is one of the world’s greatest living examples of entrepreneurship today. About 40 years ago, he was a poor boy who survived by guiding tourists, Ma left no stone unturned to rise above his humble condition and achieve success. One of the first steps he took in this regard was to improve his communication skills by learning English.

Jack was one of the first few individuals who saw Internet as a business opportunity even at a time when the rest of the world didn’t believe in his thoughts. After starting his first venture using a mere $20000, he manage to earned around $800,000 in a matter of just three years. However, it is the e-commerce based venture, Alibaba , which he founded in the early 2000s that catapulted this entrepreneur to global fame. The revenue earned by the firm has helped him reach the zenith of success and made him the richest man in China. He even co-founded a few other similar ventures which were also successful to a great extent. One of these was the e-commerce website called Taobao. Jack has also been a recipient of many awards over the years and these include featuring in world-renowned magazines such as Forbes , Time and others

credit: google image

credit: google image

Jack was born to parents, who were involved in a profession of storytelling through music, on the 10th of September, 1964. The place of his birth was Hangzhou city located in the Zhejiang Province of China. Since he was from young age, he was very keen on gathering knowledge about English and tried his best to communicate better in the language. His passion to keep him a better speaker used to even drive him to a hotel located near his residence, which was frequented by foreigners. He started guiding tourists in visiting sight-seeing places around the city. The motive was to spend more time with native English speakers in a bid to gain a command over the language.

The early rejection taught him an important business lesson: "You have to get used to failure," he says, speaking at the University of Nairobi. After college, Ma applied for 30 jobs in his home city of Hangzhou, China. He was rejected from every one.

He also aplied jobs at KFC. At that time, there were 24 applicants who apply for job at KFC. All of them were accepted for the jobs and he was the only one who got rejected. The same thing happened when he tried to be a cop. This time four of five applicants were hired, all except Ma. Another time Ma lost out on a job to his own blood.

"My cousin and I waited for two hours [in a] long queue to be the waiter for the four star hotel in my city, on a very hot day," he says. "My cousin's score was much lower than mine, [but] he was accepted and I was rejected!"

He also apply for Harvard University for 10 times and got rejected.

The continued rejection was painful, but it prepared him for his entrepreneurial future. "If you can not get used to failure, just like a boxer — if you can't get used to being hit, how can you win?" he says to the audience in Nairobi.

Ma says he now passes around case studies about failure to colleagues at Alibaba, instead of reinforcing success.

"When you read too many successful stories, people go crazy," he says during his talk in Nairobi. "They think I can be successful."

But the truth is, says Ma, "When you share a lot of failure stories, you learn."

Lesson learned from Billionares Jack Ma story are :

1.     Never give up in achieving what we believe we can do.

2.     Its ok to get failed, as we need to get used to it otherwise how we will win?

3.     Learn something from other people failure story.

4.     Believe in yourself.