3. JACK MA
• Ma Yun known professionally as Jack Ma, is a
Chinese business magnate and philanthropist.
• Failed in college entrance exam thrice.
• Eventually, he attended Hangzhou Teacher's
Institute and graduated in 1988 with a B.A. in
English.
• After graduation, he applied in 30 different jobs
and was rejected in all including a job at KFC.
• He is the founder and executive chairman of
Alibaba Group.
• Founder of ALIBABA.COM which is largest e-
commerce website in the world.
• Net worth of ALIBABA as a group is US$27.7
billion.
• He is the first Chinese entrepreneur to appear
on the cover of Forbes.
4. HOW IT ALL STARTED ??
• In 1994, JACK MA heard about internet. In early 1995, he went to US. There
with the help of his friend he had his first encounter with internet.
• There he realised the power of internet and what internet can do.
• He and his friend started a website “ UGLY” which gives information about
CHINA. Within five hours of creating the website he had received emails
from some Chinese wishing to know about him. This is when Ma realized
that the Internet had something great to offer.
• In April 1995, Ma, his wife and a friend collected $20,000 and started an
Internet company. Their company was dedicated to creating websites for
companies. He named their company "China Yellow Pages." Within three
years, his company had made 5,000,000 Chinese Yuan which was equivalent
to US$800,000. Ma began building websites for Chinese companies with the
help of friends in the US.
• From 1998 to 1999, Ma headed an information technology company
established by the China International Electronic Commerce Center.
• In 1999, he quit and returned to Hangzhou with his team to found Alibaba,
and started the company site in his apartment with a group of 17 friend.
5. ALIBABA STARTED GETTING BIGGER!!!
• ALIBABA got its first funding of 500000 yuan. In October 1999 and January 2000,
Alibaba twice won a total of a $25 million international venture capital investment.
• Ma wanted to improve the global e-commerce system and from 2003 he founded
Taobao Marketplace, Alipay, Ali Mama and Lynx.
• After the rapid rise of Taobao, eBay offered to purchase the company. However, Ma
rejected their offer, instead got support from Yahoo co-founder Jerry Yang with a $1
billion investment.
• In November 2012, Alibaba's online transaction volume exceeded one trillion yuan.
• In september 2014, ALIBABA raised $25 billion in an IPO on NEW YORK STOCK
EXCHANGE. Alibaba became one of the most valuable tech companies in the world after
raising $25 billion, the largest initial public offering in US financial history.
• As of now, JACK MA serves as a executive chairman of Alibaba Group, which is a holding
company with nine major subsidiaries: Alibaba.com, Taobao Marketplace, Tmall, eTao,
Alibaba Cloud Computing, Juhuasuan, 1688.com, AliExpress.com and Alipay.
6. LEADERSHIP TRAITS OF JACK MA
• Stress on Passion over theoretical skills
• Hires people with superior skills
VALUES ATTITUDE
• Rather than uniting his company under the vision of
one person, he unites them under a common goal.UNITES PEOPLE
•Jack Ma believes that a good leader should have foresight.
•He should try to stay one step ahead of the competition and
anticipate how decisions will play out ahead of other people.
FORESIGHTEDNESS
• According to Ma, “giving up is the greatest failure.”
• Ma believes that a person is able to learn the most
from obstacles and hardships. They key to success is
persevering and learning from your mistakes.
DEFINES FAILURE AS
GIVING UP
7. LEADERSHIP TRAITS OF JACK MA
• Maintains fairness and considers
opinion from all board members
and employees.
DEMOCRACY IN
MANAGEMENT
• MA knows his strengths
and is not afraid of to
admit limitations, and is
willing to learn from
every source of life.
ACKNOWLEDGING
OWN STRENGTH
AND WEAKNESS
AND ADAPTION TO
CHANGE
8. LEADERSHIP TRAITS OF JACK MA
• MA gives utmost importance
to the opinion and choices of
its customers.
FEEDBACK
FROM
CUSTOMERS
• Networking is priority of
JACK MA to expand his
horizon.
CROSS
BOUNDARY
RELATIONSHIP
9. LEADERSHIP TRAITS OF JACK MA
• JACK MA has always believed that
innovation and invention is need of
the world
• He constantly invest on new ideas,
new startups and tries to innovate
existing process and system.
INNOVATION
AND INVENTION
• JACK MA strongly believes in giving back to the
society.
• He runs various non profit organisations and
does a lot of charity work.
• In 2010, Ma was selected by Forbes Asia as
one of Asia’s Heroes of Philanthropy for his
contribution to disaster relief and poverty
Philanthropist
10. AWARDS AND ACHIVEMENTS OF JACK MA.
• 2004 - China Central Television had mentioned Jack
in its Top 10 Business Leaders of the Year list.
• 2005 - He was named the Businessperson of the
Year by the Business Week magazine and also
featured in the list of 25 Most Powerful
Businesspeople in Asia.
• 2009 - He secured a spot in Time magazine’s list of
World’s 100 Most Influential People. The internet
giant also received the 2009 CCTV Economic
Person of the Year: Business Leader of the Decade
Award.
• 2010 - Ma was selected by Forbes Asia as one of
Asia’s Heroes of Philanthropy for his contribution
to disaster relief and poverty.
• 2014 - He was ranked as the 30th most powerful
person in the world in an annual ranking published
by Forbes.
• 2015 - He was honoured with the Entrepreneur of
the Year award at The Asian Awards.
