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" 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
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" China is still the fastest growing economy in the world, but we need to learn how to use money in a better way, and it's about quality, not quantity. "
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" Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine. "
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Up
Today
Sunshine
" It's not that other countries steal jobs from you guys. It's your strategy. Distribute the money and things in a proper way. "
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Things
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Steal
" 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. "
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Business
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" My job is to help more people have jobs. "
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People
Job
More
" 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. "
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Trust
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" 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. "
Jack Ma
Change
Change The World
Technology
" 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. "
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People
Own
Name
" 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
" What kind of business world are we living in? "
Jack Ma
Kind
Business
World
" 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
" 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. "
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Police
City
Good
" A startup for entrepreneurs is like a baby, and I have five babies so far - experienced father. "
Jack Ma
Like
Five
Father
" The very important thing you should have is patience. "
Jack Ma
Very
Patience
You
" 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
" I don't shop online, but my wife buys everything at home. We buy sea crabs, fresh crabs, all kinds of things. "
Jack Ma
Everything
Home
Fresh
" You should learn from your competitor, but never copy. Copy and you die. "
Jack Ma
Die
Your
Copy
" 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
" Trust the young people; trust this generation's innovation. They're making things, changing innovation every day. And all the consumers are the same: they want new things, they want cheap things, they want good things, they want unique things. If we can create these kind of things for consumers, they will come. "
Jack Ma
Trust
Day
Good
" I am going to enjoy some other things apart from business. "
Jack Ma
I Am
Going
Enjoy
" 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
" The competition between me and Bill Gates, probably: Who can spend money more effectively that can do better philanthropy. "
Jack Ma
Me
Money
More
" IBM, Microsoft, the profit they made was larger than the top four banks in China put together... But where did the money go? "
Jack Ma
China
Top
Go
" People think, 'Jack, you do too much.' "
Jack Ma
Jack
You
Too Much
" 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
" Year 2008 wiped out $19.2 trillion in US income... What if the money was spent on the Midwest of the United States? "
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Money
United States
Us
" Today the financial market is no good, but the money is there. "
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Financial
Money
Today
" 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. "
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Perception
Chance
People
" I want people to learn what democracy means. "
Jack Ma
People
Learn
Democracy
" I'm not a tech guy. I'm looking at the technology with the eyes of my customers, normal people's eyes. "
Jack Ma
Guy
Technology
People