JACK MA QUOTES

"We are never in lack of money. We lack people with dreams, who can die for those dreams."
Jack Ma
Jack Ma
business magnate

Jack Ma Quotes on Business, Team & Customers:

Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine.
I don’t care about revenues. I don’t want to be liked. I want to be respected.
Stay hungry and follow your dreams.
You should learn from your competitor but never copy. Copy and you die.
We are never in lack of money. We lack people with dreams, who can die for those dreams.
Once in your life, try something. Work hard at something. Try to change. Nothing bad can happen.
If there are nine rabbits on the ground, if you want to catch one, just focus on one.
Forget about your competitors, just focus on your customers.
When people think too highly of you, you have the responsibility to calm down and be yourself.
If we are a good team and know what we want to do, one of us can defeat ten of them.
Adopt and change before any major trends or changes.
Try to find the right people, not the best people.
If you want to win in the 21st century, you have to empower others, making sure other people are better than you are. Then you will be successful.

"If you want to grow, find a good opportunity. Today, if you want to be a great company, think about what social problem you could solve"

Jack Ma Quotes on Business, Life & Lessons:

Intelligent people need a fool to lead them. When the team’s all a bunch of scientists, it is best to have a peasant lead the way. His way of thinking is different. It’s easier to win if you have people seeing things from different perspectives.

Today making money is very simple. But making sustainable money while being responsible to the society and improving the world is very difficult.

In carrying out e-commerce, the most important thing is to keep doing what you are doing right now with passion, to keep it up.

It doesn’t matter if I failed. At least I passed the concept on to others. Even if I don’t succeed, someone will succeed.

If we work so hard and put all the money in the hospital to buy medicine – it will be a disaster. Why we should work? So without a healthy environment of this Earth, no matter how much money you make, no matter how wonderful you are, you have a bad disaster.

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.

The very important thing you should have is patience.

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.

I don’t shop online, but my wife buys everything at home. We buy sea crabs, fresh crabs, all kinds of things.

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 flunked my exam for university two times before I was accepted by what was considered my city’s worst university, Hangzhou Teachers University. I was studying to be a high school English teacher. In my university, I was elected student chairman and later became chairman of the city’s Students Federation.

GET UP AND GO. Take the risk, take the gamble, take the first step. Take action. And don’t let another day slip by.

The lessons I learned from the dark days at Alibaba are that you’ve got to make your team have value, innovation, and vision. Also, if you don’t give up, you still have a chance. And, when you are small, you have to be very focused and rely on your brain, not your strength.

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.

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.

We should keep on going along the path of globalization. Globalization is good… when trade stops, war comes.

If you’re doing business, not that simple to only buy. You have to create something. You have to create something that never exists in the future.

About

JACK MA

Jack Ma is a Chinese businessman, politician, investor and philanthropist. He is the co-founder and former executive chairman of Alibaba Group, a multinational technology company specialising in E-commerce, Retail, Internet, and Technology.

Ma graduated from Hangzhou Teacher’s Institute with a Bachelor of Arts in English. In 1995, he went to the US with his friends. There he learnt about the internet. He understood the potential of the internet and started China Pages. Within three years, the company had made 5,000,000 Chinese Yuan (equivalent to US$800,000 at that time).

In 1999, along with his team, Ma returned to Hangzhou and founded Alibaba, a China-based business-to-business marketplace site in his apartment with a group of 18 friends.

Ma is the founder of the Jack Ma Foundation, an organisation focused on improving education, the environment and public health. Alibaba donated $808,000 to victims of the Sichuan earthquake in 2008.

In 2014, Forbes ranked Ma as the 30th most powerful person in the world. In 2017, he was ranked second in the World’s 50 Greatest Leaders list by Fortune. In 2019, Ma was named in Forbes’ list of “Asia’s 2019 Heroes of Philanthropy”.