We Need to Talk About How Badass Jack Ma Is

Jack Ma is the founder of Chinese e-commerce giant Alibaba with a net worth of $22.4 billion. 

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While we know him now for all his major successes, Ma’s life has actually been riddled with failure.

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He failed his exit exams multiple times in elementary and middle school.

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When he was applying for college, he failed his entrance exams three times. He scored 1 ou1 of 120 on the math portion of his college entrance exam.

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He even applied to Harvard TEN TIMES!

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…But was rejected after every single attempt. 

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After three years in college, he tried applying for 30 jobs and got rejected by all of them.

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When he applied to KFC, he was among 24 applicants. Every applicant got in — except him.

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“When KFC came to China, 24 people went for the job.  Twenty-three people were accepted.  I was the only guy who wasn’t,” he told BLOOMBERG

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When he applied to work in the police force, he was the only one that was rejected out of five applicants. He was told, “No, you’re no good.”

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Ma allegedly started two business ventures, that ultimately failed. But that didn’t stop him from continuing to try.

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Ma went on to create Alibaba in 1999 with a group of friends, but failed to find funding in Silicon Valley. He was told that it was an unprofitable business model.

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For the first three years, we made zero revenue. I remember many times when I was trying to pay up, the restaurant owner would say, “your bill was paid.” And there would be a note saying, “Mr. Ma, I’m your customer on Alibaba platform. I made a lot of money, and I know you don’t, so I paid the bill.'”

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In September 2014, Alibaba went public at $92.70 per share, making it the biggest US IPO in history. It currently has a market cap of roughly $237 Billion.

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What’s your excuse?

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