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" China's government is so strong on investment, so strong on exporting, but they're too weak on domestic consumption. "
Jack Ma
Government
Weak
Investment
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" People think, 'Jack, you do too much.' "
Jack Ma
Jack
You
Too Much
" I'm just a purist. What is important in my life is that I can do something that can influence many people and influence China's development. When I am myself, I am relaxed and happy and have a good result. "
Jack Ma
Happy
Myself
Good
" When we first started our internet company, 'China Pages', in 1995, and we were just making home pages for a lot of Chinese companies. We went to the big owners, the big companies, and they didn't want to do it. We go to state-owned companies, and they didn't want to do it. Only the small and medium companies really want to do it. "
Jack Ma
Company
Go
Want
" The very important thing you should have is patience. "
Jack Ma
Very
Patience
You
" The difference between Amazon and us is Amazon is more like an empire - everything they control themselves, buy and sell. "
Jack Ma
Everything
Empire
Control
" I think Yahoo is a great company, with great assets. "
Jack Ma
Assets
Think
Great
" 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
" Our philosophy is that we want to be an ecosystem. Our philosophy is to empower others to sell, empower others to service, making sure the other people are more powerful than us. With our technology, our innovation, our partners - 10 million small business sellers - they can compete with Microsoft and IBM. "
Jack Ma
Business
Technology
People
" We want to help U.S. entrepreneurs, small business owners, and brands and companies of all sizes sell their goods to the growing Chinese consumer class. Chinese consumers will get to buy the American products they want. This, in turn, will help create American jobs and increase U.S. exports. "
Jack Ma
American
Business
Create
" I even don't dare to watch our stock price, because this is what other people think who you are. I dare not watch it. I think, let the market take care of themselves; we should take care of the business. "
Jack Ma
Dare
Care
Business
" It's not that other countries steal jobs from you guys. It's your strategy. Distribute the money and things in a proper way. "
Jack Ma
Things
Way
Steal
" Consumption is still going up on Alibaba. This is because when the economy goes down people look online to Alibaba to buy cheaper things. "
Jack Ma
Going
Up
People
" Every government says they love small businesses, but what have they done for them? We should pull down all the barriers. "
Jack Ma
Love
Small
Government
" Chinese people, young people, they don't go shopping a lot in department stores. All department store guys hate me. They say business is bad because of Jack. "
Jack Ma
Shopping
People
Business
" 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
" If Alibaba cannot become a Microsoft or Wal-Mart, I will regret it for the rest of my life. "
Jack Ma
My Life
Will
Rest
" Our philosophy is, using internet technology, we can make every company become Amazon. "
Jack Ma
Technology
Philosophy
Internet
" I call Alibaba '1,001 mistakes.' We expanded too fast, and then in the dot-com bubble, we had to have layoffs. By 2002, we had only enough cash to survive for 18 months. We had a lot of free members using our site, and we didn't know how we'd make money. So we developed a product for China exporters to meet U.S. buyers online. This model saved us. "
Jack Ma
Know
Free
Mistakes
" When I graduated from university I tried to buy a beeper, and it cost me $250. My pay at the time was $10 a month. "
Jack Ma
Pay
University
Cost
" We should keep on going along the path of globalization. Globalization is good... when trade stops, war comes. "
Jack Ma
War
Trade
Good
" Alibaba is an ecosystem that helps small business to grow. "
Jack Ma
Small Business
Small
Grow
" I don't want to be liked. I want to be respected. "
Jack Ma
Liked
Respected
Want
" 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
" 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
" As a business person, I want the world to share the prosperity together. "
Jack Ma
World
Want
Together
" I don't care about revenues. "
Jack Ma
About
Care
Revenues
" The name Jack was given by an American tourist. "
Jack Ma
Name
American
Given
" When we started the e-commerce, nobody believed that China would have e-commerce because people believed in 'guang-shi,' face-to-face, and all kinds of network in traditional ways. There's no trust system in China. "
Jack Ma
Trust
China
Nobody
" I like to play cards. I'm not very good, because I don't want to calculate, I just play by instinct. But I've learned a lot of business philosophy by playing poker. "
Jack Ma
Cards
Play
Philosophy