Jack Ma Essay

1027 Words3 Pages

Mr. Ma grew up in the eastern Chinese city of Hangzhou. Neighbors called him a troublesome and often rebellious young boy, but he may have just been precocious. When he graduated in 1988, he worked as an English professor at the Hangzhou Institute of Electronic Engineering, he was very popular among students. The year was 1995, he first visited America he saw the opportunity in entrepreneurship. He was introduced to the internet that excited Mr. Ma because he would be able to catch this opportunity and be the first to introduce this to China.
The 2nd richest man in China was rejected by Harvard 10 time and a business magnate and philanthropist. He is the founder and executive chairman of Alibaba Group. He named his company Alibaba because …show more content…

Jack Ma said “We’d better have a dream, in case it comes true someday,” which has inspired lots of young people. He started from the bottom and now he is here, his leadership and hard work lead to his success. In the eyes of the young generation Jack Ma represented someone who didn’t go to Harvard, but lives a better life than a Harvard graduate. He represented a nobody that become world known for being ambitious and aggressive in the private enterprises in China. “Ugly, rich and hardworking!” (Bin Luo, Teach introductory course on Chinese culture) is how many describe Jack Ma, he wasn’t born outstanding yet he made his way up in the social scale and that why people are proud of him. Many stories of success have been told, but the one that is most appealing to young generation is Ma’s story. Jack Ma give the millennial generation a reason to reach for their dreams, the dream that you can still be successful even though you are from the bottom of the society and Ma also show that in this society you can be appealing even without a good …show more content…

In China, there aren’t that many business regulations, which means it is very hard for small business to compete against large businesses. Getting all the licenses and papers for a new business is very hard and could be very expensive. Small and new business will struggle through this system. Ma created a miracle island for these small businesses to survive on. By doing this he changes the game for China. He introduced the internet and an online shopping empire. This inspired many small businesses and even students to be an entrepreneur. This chain of buying and selling brought forth income for many young and struggling small businesses. When he started his business no banks or investors want to invest in his business and now look at Mr. Ma he went from nothing to now being worth more than $15 billion. Jack Ma didn’t just create a place for the small and the young, he was also a big philanthropist. Some people joke that of they can travel back in time they will do nothing but be nice to Jack Ma and support him and their feature will be

Open Document