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" 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

" I believe the most important thing for the media is to be objective, fair, and balanced. We should not report a story with preconceptions or prejudice. "

" Spending money is much more difficult than making money. "

Jack Ma

Difficult

Making Money

" Nobody wanted to believe Jack Ma. "

" If you're doing business, not that simple to only buy. You have to create something. You have to create something that never exist for the future. "

" The American multinational companies made millions and millions of dollars from globalization. "

" I respect Apple. It's a great company that changed the world, especially the mobile time. "

" I think U.S. and Chinese businesses need a common language and dialogue. "

" My dream was to set up my own e-commerce company. In 1999, I gathered 18 people in my apartment and spoke to them for two hours about my vision. Everyone put their money on the table, and that got us $60,000 to start Alibaba. I wanted to have a global company, so I chose a global name. "

" 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. "

" There are big problems that change the world. If we are working together, that will make us understand each other, appreciate each other, help each other. "

" Alibaba is an ecosystem that helps small business to grow. "

" When I was 12 years old, I went to swim in a lake, and I almost died in that lake because the water was too deep - much deeper than I thought. "

" People think, 'Jack, you do too much.' "

" The world is getting so small. Young people are mobile; they want to travel around the world. When you travel around the world, you exchange culture, you want to make friends, you want to exchange things. "

" The most important thing is to make the technology inclusive - make the world change. Next, pay attention to those people who are 30 years old, because those are the internet generation. They will change the world; they are the builders of the world. "

" 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. "

" 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.' "

" Before I left China, I was educated that China was the richest, happiest country in the world. So when I arrived Australia, I thought, 'Oh my God, everything is different from what I was told.' Since then, I started to think differently. "

" My job is to help more people have jobs. "

Jack Ma

People

Job

" My vision is to build an e-commerce ecosystem that allows consumers and businesses to do all aspects of business online. "

" When I am myself, I am happy and have a good result. "

" I am going to enjoy some other things apart from business. "

" You American people worry too much about the China economy. Every time you think China is a problem, we get better, but when you have a high expectation for China, China is always a problem. "

" The competition between me and Bill Gates, probably: Who can spend money more effectively that can do better philanthropy. "

Jack Ma

Money

" It's not that other countries steal jobs from you guys. It's your strategy. Distribute the money and things in a proper way. "

" What kind of business world are we living in? "

" I'm coming to this world not to work. I want to come to this world to enjoy my life. I don't want to die in my office. I want to die on the beaches. "

" As a company, we have to be very transparent. We are in a business very related to finance, and I want this company to last long, and I want this company to be audited by everyone. "

" Our philosophy is, using internet technology, we can make every company become Amazon. "