No ClassLoaders found exception when trying to start JBoss

org.jboss.deployment.DeploymentException: No ClassLoaders found for: org.jboss.management.j2ee.LocalJBossServerDomain

Cause:
You get this error when after extracting JBoss, you try to start it

Solution:
This happens if you try to extract JBoss archive using windows archiver. It doesn't properly extract the library files. Use a different archiver and ditch Windows.