Ali Baba and the Forty Thieves, a folk tale from One Thousand and One Nights, is about a poor woodcutter that stumbled his way into a cave filled with treasure. The dream had finally become reality—but there was no time to rest, for Jack already had new ideas. However, little did he know that only four hard years separated him from his ultimate success; four years during which he would work in the Ministry of Foreign Trade, revisit the United States, and meet Jerry Yang, the founder of Yahoo. He did this for 8 years! Yet Jack and his team were unfazed, and relentlessly pushed forward. Loading a webpage took a humble three hours, but it was worth it—everyone agreed that the Chinese market needed this technology.
Taobao took no commission on trades, had its own pay system Alipay and a convenient messenger tool, and generally was faster and more functional than its competitors. Jack Ma understood the exact market that would meet the demands of every Chinese citizen, and carefully crafted a product that would make their lives easier. School was so difficult for him that his strong pursuit for an education seemed odd. There were 10 unsuccessful attempts to charm Harvard. In this very moment, the idea to create a large Chinese site was born. In the earlier grades, he needed three attempts to pass a standardized test. There he remembered English speech, listened to radio transmissions, and conversed with guests. Even compared to other eccentric geek-billionaires of the 21st Century, Ma remains a standout figure with his dissonant and mysterious personality. The dream had finally become reality—but there was no time to rest, for Jack already had new ideas. Many scrambled to warn the unyielding businessman, and to think it through carefully—but his mind was already made up. Alibaba became the leader of the Chinese market, and even offered competition to established online markets elsewhere. By , the company reached the breakeven point. Within a year, Ma and his team launched an advertising platform named Alimama, as well as T-Mall—a site where brands need to register with official documentation in order to trade. The cave would open to anyone who knew the secret phrase: Upon returning from the USA, Ma gathered his friends to demonstrate the possibilities of the Internet. Finally, when the site gained widespread popularity, the influx of customers brought with it a healthy income. Loading a webpage took a humble three hours, but it was worth it—everyone agreed that the Chinese market needed this technology. The idea of a simple, universal online-trading platform was close to all of them. It was similar to the American company eBay, which in that time had already penetrated the Chinese market. Then he came up with a new method of mastering the language: One of the tourists called him Jack, a name that stuck to the future businessman. Many if not most products oversees are more expensive than their Chinese counterparts; Ma sought to create a mass online market where precisely such products could be purchased. Yet Jack and his team were unfazed, and relentlessly pushed forward. He did this for 8 years! It has to be noted, however, that nobody dared argue with Crazy Jack. Ali Baba and the Forty Thieves, a folk tale from One Thousand and One Nights, is about a poor woodcutter that stumbled his way into a cave filled with treasure. Finally, in , upon receiving his diploma, he became an English teacher in that same university.
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