jack ma - the inspirational story for every entrepreneur

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Inspirational Stories DO NOT QUIT Jack Ma

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Post on 18-Jul-2015

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Inspirational Stories

DO NOT QUIT

Jack Ma

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. I was the only guy. …

“So many people I talked to at that time about Alipay, they said, ‘This is the stupidest idea you’ve ever had”

“I remember, in 2001, we went to raise some $3 million in venture capital in the U.S. and got rejected. !

So we’ve come back and raised a little bit more:

$25 billion”

We have over 100 million buyers visiting our site and shopping at our site every day.

We’ve created 14 million jobs for China directly and indirectly.

We’ve grown from 18 people in my apartment to 30,000 people on four big campuses.

I hope that we can serve 2 billion consumers, including outside China.

!

We helped Washington farmers sell 300 tons of cherries last year. We started a preorder, and 80,000 families ordered cherries.

Within 48 hours we sold them all. We got a lot of letters of complaint saying, “Why only 300 tons?”

When I was young I said, “Everything is possible.” Now I know that not everything is possible.

Meet Alibaba Founder

Jack Ma, Executive chairman of Alibaba Group !

Ma is worth an estimate $20.4 billion.

Inspirational Stories

DO NOT QUIT

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