A person's life can never be guessed. Who would have thought China's tycoon Jack Ma had a very different past before becoming the richest man in his country and Asia's richest second person by Bloomberg Billionaires Index.
Growing up in Hangzhou, China, famous for its fertile farmland, Jack Ma is able to make a big difference by being the founder of the world's most successful e-commerce company.
Born in China's heyday of communism in 1964, Jack Ma was born Ma Yun. His parents worked as pingtan performers (music bernarasi), so it is clear glamorous life is not obtained from birth.
had friendly with him but now Jack Ma has gained the fruit of hard work. Here are some of Jack Ma's struggles that can inspire you
Poor Teacher Who Is Absent Surrender
Jack Ma is now officially the richest man in China with a total asset range of 26.5 million US dollars. He also became
the founder of the most successful e-commerce company beat eBay and Amazon, with the record initial public
offering (IPO) reached 150 billion US dollars. Now, Jack only has 7.8 percent stake in Alibaba. In addition, he also still
has a 50 percent stake in online payment system, Alipay. All that he achieved after a long and winding road.The visit of US President Richard Nixon to Hangzhou in 1972 made it easy for Jack Ma to learn English. Many foreign
tourists who come to his hometown. This is what makes him want to deepen the language for easy to become a tour
guide. For eight years, he deliberately gowes a 40-minute bike every day to a hotel near Hangzhou's West Lake district
in order to meet foreign tourists. He offers to be a tourist guide, free, just to practice English. He also bought a radio so
he could listen to English broadcasts every day.However, the world of education that must dilakoninya is not as easy as realizing his desire to learn English. Jack did
not pass the elementary school exam up twice, when attending high school could fail the exam even three times. Not
only that, he was rejected three universities before finally anchored at Hangzhou Normal University. After graduation,
only a local university would accept her teaching English for a fee of about 12-15 US Dollars per month.A number of prominent companies are proposed, but no one wants to accept them. Jack Ma recalled, "When KFC
started opening stores in China, there were 24 people applying for work there and 23 of them were accepted. Only I
was the only one who was rejected, "he said. When he wanted to join the police force in China, Jack Ma failed. It seems
that his tiny posture becomes a barrier. Even so, there is no word of surrender in his dictionary.Picking Opportunities in the United States
When the effort to find a decent job is deadlocked, Jack Ma tries to create his own fortune. He just keeps learning and
trying to find a way out. Twice building a startup or a pioneering company, Jack Ma failed. Until finally he got a
chance to follow a highway construction project in the US in 1995. That's the introduction of Jack Ma with computers
and the internet.As is known, at that time the computer is a rare commodity in China so the price is very high. In addition, the Internet
or e-mail network is also not there at all. We want to try to search the search engine on the internet, Jack Ma found no
one page related to the word 'China'. He also thought to immediately introduce his country with the internet.Building the Most Expensive E-commerce Startup Today
Alibaba's initial public offering (IPO) in mid 2014, being the largest in the history of technology companies. Alibaba
shares jumped 38% from 68 dollars to 92.7 US dollars on the New York Stock Exchange (NYSE). Alibaba company is
now worth more than US $ 231 billion. This makes Alibaba the fourth most valuable technology company in the
world, after Apple, Google, and Microsoft.It all started with the results of his seduction to 17 colleagues to help him build Alibaba in 1998. Foreign investors
started coming a year later from Softbank and Goldman Sachs for 25 million US Dollars. In the first three years,
Alibaba had trouble making a fortune. The problem lies in one crucial thing of his startup, no supportive payment
system.The solution, Jack Ma created his own payment system called Alipay. This system can facilitate the international sale
and purchase transactions that can be done in Alibaba. Many are unsure of the idea, even they think it is the most
foolish idea. However, now there are 800 million people who use it.
