Jack Ma, the Chinese business tycoon, is a self-made billionaire. He is the mastermind behind the inception of Alibaba, one of the most prominent e-commerce company. Born in Communist China, this business magnate, truly believes that failure is a pillar of success. He started his journey as an English teacher. Before that he met with dozens of rejections including KFC. During his US trip, he was fascinated by the internet. Once while searching for a beer on the internet he couldn’t find any Chinese beer. This instigated him to come up with a Chinese online company. Though his initial ventures failed twice, he finally came up with Alibaba with 17 friends. Soon it started to attract members globally and there was no looking back. Yahoo made a billion-dollar deal with Alibaba instead of 40% shares. And the journey continues.
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