Today I decided to tell you about Jack Ma, who is the founder of Alibaba. It is quite interesting and that’s why I chose his story․ So let’s began.
As i said Jack Ma founded Alibaba, which is now a multinational conglomerate based in China. Presently, he’s a billionaire with a net worth that has surpassed the 45 billion-dollar mark and he is known as China’s richest person․ But his success story didn’t start quickly.
He was a child who had to redo his middle school entrance exam twice and the same thing happened when he wanted to gain admission into college. Ma submitted about 30 job applications but got rejected each time. So when he was finally able to get a win—an interview at Kentucky Fried Chicken (KFC)—he was the only one out of the applicants who were rejected.
Ma’s story of difficulty continued after he started Alibaba. The company didn’t become profitable until after a period of three years. t got to a time when the company was nearing bankruptcy. This didn’t discourage Jack. His tenacity later yielded the great results that we know of today.