The Success Story Of Jack Ma: How Alibaba Became The Most Acceptable E-Commerce Store

The CEO of Alibaba shared a very inspiring story about how he started his multi-million dollar company and I felt this was a good place to share a story like this, I believe it will help young entrepreneurs get motivated about the things they have in mind to accomplish and stay in their game even if no other person believes in them.

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Jack Ma recounted that he had come from a very humble background financially and he tried to get into the university on three different occasions but he was denied access, then he tried to get into Harvard only for him to get rejected every time he tried and he did this on ten several occasions, at this point a normal person would have gotten to the conclusion that there was no longer hope and that is one reason why most young people become fraudsters, they say to themselves if I was not accepted here it only means I should look towards another direction, but Jack knew he had a future even if he was depressed he tried to apply for teachers training where he later got in and began to teach.

Even if his job was restricted to the four walls of a classroom, his brain was not restricted to the classroom, he started to think about how he can make something god out of life, even if everyone at that point considered him not to be smart he still believed in himself, he began to work on the internet and people thought he was basically just stupid.

Having a strong belief in his idea, he applied for bank loans but got rejected, he went to investors but he was turned down so he started to offer services to people for free and some of his customers sent him messages appreciating what he had done and they hoped they were able to pay back in some ways.

After some years, the concept Jack had been trying to preach gradually began to make sense and he began to receive audience, today we have the idea of Alibaba ruling the E-commerce sector and so many investors present.

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Entrepreneurial Lessons from Jack Ma’s Story.

Do not expect people to rush to accepting your unique idea but if you stick to what you believe you will be very surprised at what the outcome will be.
Consistency is the key to climbing the top ladder, according to Jack Ma some people have big dreams in the morning and at night it is all gone, that is not the way to build entrepreneurial success.

Depression and frustration quickly set in these days to the mind of entrepreneurs who put in everything they have into a business but never get any result at an early stage, I was surprised to hear the story of a young entrepreneur who committed suicide just because someone else baked a cake that was better than his, I do not think this is the right approach to handle situations, the appropriate thing is to work at being better and not ruining yourself on the basis of entrepreneurship.