The lady is Tong Wenhong. She joined Alibaba 16 years ago as a receptionist.
When Jack Ma was allocating company shares, he gave Tong 0.2% shares right saying it will worth 100 million when Alibaba goes public into the market later. He asked her to just stay in the company, donāt change to other companies and she will get 100 million when Alibaba goes public.
She waited years but Alibaba never went public. She asked Jack when will Alibaba go public in 2004 and Jack said soon. She asked again in 2006 and JackMa said soon, again.
However, she never saw it happen and never got 100 million. When Alibaba finally went public in the New York Stock Exchange in September 2014, it was worth 245.7 billion. Tong, the former senior receptionist, currentĀ Vice President of Alibaba, became a millionaire from a receptionist withĀ 320 million worth.
Entrepreneurship is the 16 character word where the 6th letterĀ PĀ stands forĀ Patience.Ā Most startups end on this 6th stage because of lack of patience.
Whenever I am going to give up my dreams I read this story when a receptionist have this much patience then how can I give up.
When Jack Ma was allocating company shares, he gave Tong 0.2% shares right saying it will worth 100 million when Alibaba goes public into the market later. He asked her to just stay in the company, donāt change to other companies and she will get 100 million when Alibaba goes public.
She waited years but Alibaba never went public. She asked Jack when will Alibaba go public in 2004 and Jack said soon. She asked again in 2006 and JackMa said soon, again.
However, she never saw it happen and never got 100 million. When Alibaba finally went public in the New York Stock Exchange in September 2014, it was worth 245.7 billion. Tong, the former senior receptionist, currentĀ Vice President of Alibaba, became a millionaire from a receptionist withĀ 320 million worth.
Entrepreneurship is the 16 character word where the 6th letterĀ PĀ stands forĀ Patience.Ā Most startups end on this 6th stage because of lack of patience.
Whenever I am going to give up my dreams I read this story when a receptionist have this much patience then how can I give up.