# Jack Ma: The Man Who Failed At Everything (And Became a Billionaire)

Page: https://stenobird.com/podcast/evan-carmichael-believe-unlocking-your-true-potential-7782439/jack-ma-the-man-who-failed-at-everything-and-became-a-billionaire
Text version: https://stenobird.com/podcast/evan-carmichael-believe-unlocking-your-true-potential-7782439/jack-ma-the-man-who-failed-at-everything-and-became-a-billionaire.md
Podcast: [Evan Carmichael - Believe: Unlocking Your True Potential](https://stenobird.com/podcast/evan-carmichael-believe-unlocking-your-true-potential-7782439)
Published: 2026-06-22T03:30:00+00:00
Episode link: https://traffic.megaphone.fm/VG9658004207.mp3?updated=1778673231
Audio file: https://traffic.megaphone.fm/VG9658004207.mp3?updated=1778673231
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JSON: https://stenobird.com/v1/public/podcasts/evan-carmichael-believe-unlocking-your-true-potential-7782439/episodes/jack-ma-the-man-who-failed-at-everything-and-became-a-billionaire
Duration seconds: 4235

## Resource

✎ Get free access to our vault of PDF summaries for every YouTube video here: https://believe.evancarmichael.com/the-vault ✎ Check out my NEWEST video: https://goo.gl/E0eE6m ✎ To get more details on all the research and studies mentioned in this video check out the articles below: https://en.wikipedia.org/wiki/Jack_Ma https://medium.com/@matheus.castro/quote-of-the-day-jack-ma-4489d06a493e https://www.startupbell.net/post/jack-ma-on-rejection-embrace-it-and-keep-moving-forward https://www.businessinsider.com/jack-ma-first-speech-to-alibaba-employees-2014-9 https://www.kcrw.com/shows/to-the-point/stories/alibabas-wooing-of-wall-street https://www.weforum.org/stories/2017/11/jack-ma-advice-mistake-destroy-startups/ ✎ Jack Ma faced more rejection than almost anyone you will ever meet. When KFC opened in his town, twenty-four people applied for a job and Jack was the only one who got turned down. He also applied to Harvard ten times and they told him no every single time. He did not let this stop him. He gathered seventeen friends in his small apartment to start Alibaba even though he knew nothing about writing computer code. He faced many hard days and had no money, but he kept fighting for his dream. Jack proves that your beginning does not decide your ending if you refuse to give up. ✎ Suichiro Honda failed many times before he built his famous car company. He tried to sell piston rings to Toyota, but they said his work was not good enough. Then his factories were destroyed by bombs in World War II and a massive earthquake. He lost everything he built and had to start over from nothing. Instead of crying, he put a small engine on a bicycle to help people travel cheaply. That little bike became the start of Honda. He showed the world that you can turn bad luck into a hug…

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