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" A startup for entrepreneurs is like a baby, and I have five babies so far - experienced father. "
Jack Ma
Like
Five
Father
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" Every technological revolution takes about 50 years. "
Jack Ma
Years
Revolution
Technological
" Every time there's an election, people start to criticize China. "
Jack Ma
People
Election
China
" I don't think I'm a workaholic. Every weekend, I invite my colleagues and friends to my home to play cards. And people, my neighbors, are always surprised because I live on the second floor apartment, and there are usually 40 pairs of shoes in front of my gate, and people play cards inside and play chess. We have a lot of fun. "
Jack Ma
Home
Fun
Shoes
" On privacy issues, it's just like hundreds of years ago when people said, 'I would rather put my money under my pillow than in a bank.' But today, banks know how to protect money much better than you do. Today, we may not have the answers to privacy issues, but I believe our young people will come up with the solutions. "
Jack Ma
Today
You
People
" Today the financial market is no good, but the money is there. "
Jack Ma
Financial
Money
Today
" I'm humble 'cause I think many years ago people say, 'Well, Alibaba's terrible company'. And I know we were not that terrible. We're pretty good; we're better than people thought. But today, when people have a high expectation on you, and I start to worry and nervous because we are not good yet. "
Jack Ma
Good
Humble
Know
" When I was 12 years old, I got interested in learning English. "
Jack Ma
Old
English
Got
" A trade war would be a disaster for the world. It's very easy to slip into a trade war. "
Jack Ma
Trade
War
Would
" The name Jack was given by an American tourist. "
Jack Ma
Name
American
Given
" What kind of business world are we living in? "
Jack Ma
Kind
Business
World
" I think globalization is a great thing. And now a lot of people complain about globalization; a lot of people don't like, you know, the globalize of the concept, the idea of the results. I think the globalization is a great idea and to create a lot of jobs. "
Jack Ma
Create
People
Know
" Year 2008 wiped out $19.2 trillion in US income... What if the money was spent on the Midwest of the United States? "
Jack Ma
Money
United States
Us
" I want people to learn what democracy means. "
Jack Ma
People
Learn
Democracy
" Our focused customers are small business and young people. We did a great job in China. How can we help those young people in India, in Pakistan, in Africa. If they can use in the same ways. "
Jack Ma
Job
Small
People
" There's an examination for young people to go to university. I failed it three times. I failed a lot. So I applied to 30 different jobs and got rejected. I went for a job with the police; they said, 'You're no good.' I even went to KFC when it came to my city. Twenty-four people went for the job. Twenty-three were accepted. "
Jack Ma
Police
City
Good
" It's impossible for China to keep 10 to 15% growth annually. The economy needed to slow down, and we have to learn to slow down. "
Jack Ma
Down
Growth
Impossible
" I am going to enjoy some other things apart from business. "
Jack Ma
I Am
Going
Enjoy
" The very important thing you should have is patience. "
Jack Ma
Very
Patience
You
" Trade is a communication of cultures and values. "
Jack Ma
Values
Trade
Cultures
" You should learn from your competitor, but never copy. Copy and you die. "
Jack Ma
Die
Your
Copy
" People say, 'Well you know the economy's bad, so China consumption will be low. No, totally different. You Americans love to spend tomorrow's money, and other people's money maybe... We Chinese love to save money. "
Jack Ma
People
Tomorrow
You
" Help young people. Help small guys. Because small guys will be big. Young people will have the seeds you bury in their minds, and when they grow up, they will change the world. "
Jack Ma
Small
Change
People
" I tell the government, if people have no jobs, you are in trouble. Government will be in trouble. My job is to help more people have jobs. "
Jack Ma
Job
Help
Government
" We should keep on going along the path of globalization. Globalization is good... when trade stops, war comes. "
Jack Ma
War
Trade
Good
" Helping doing business easier, we choose the name Alibaba because it is a global company. It is founded in China, but it was created for the world. "
Jack Ma
Choose
World
Name
" The competition between me and Bill Gates, probably: Who can spend money more effectively that can do better philanthropy. "
Jack Ma
Me
Money
More
" When I was starting out, I thought about how the Internet is global and that we should have a global name, a name that's interesting. At that time, the best name was Yahoo! Suddenly I thought, 'Alibaba is a good name.' "
Jack Ma
Time
Good
Out
" I think Yahoo is a great company, with great assets. "
Jack Ma
Assets
Think
Great
" The more I come to know about the outside world's perception of China, the more I feel there are all sorts of misunderstandings, and to a certain extent, people do not get the full picture from the media. A lot of foreigners have few opportunities to visit China, and a lot of Chinese people do not have the chance to go to Europe or to the West. "
Jack Ma
Perception
Chance
People
" EBay is a great company. There are a lot of good assets and good customers, and the U.S. people love it. "
Jack Ma
Company
People
Love