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.— Jack Ma
Practical Alibaba quotations
Today is cruel. Tomorrow is crueller. And the day after tomorrow is beautiful.
If we go to work at 8 a.m. and go home at 5 p.m., this is not a high-tech company and Alibaba will never be successful. If we have that kind of 8-5 spirit, then we should just go and do something else.
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.
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 wanted to have a global company, so I chose a global name.
Alibaba is easy to spell, and people everywhere associate that with "Open, Sesame," the command that Ali Baba used to open doors to hidden treasures in One Thousand and One Nights.
If you don't give up, you still have a chance.
The most important thing is to keep trying...
We will make it because we are young and we will never, never give up.
Without internet, there would have been no Jack Ma, and no Alibaba or Taobao.
If we are a good team and know what we want to do, one of us can defeat tons of them.
Alibaba is an ecosystem that helps small business to grow.
In the beginning I just wanted to survive.
For the first three years, we made zero revenue. I remember many times when I was trying to pay up, the restaurant owner would say, 'Your bill was paid.' And there would be a note saying, 'Mr. Ma, I'm your customer on the Alibaba platform. I made a lot of money, and I know you don't, so I paid the bill.'
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.
I want to change history, do something important in my life, and influence individuals like we have with millions of small businesses on Alibaba. Then they love and respect you because you made their life important.
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.
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.'
If Alibaba cannot become a Microsoft or Wal-Mart, I will regret it for the rest of my life.
Asia is changing, and China is changing.
The 'Post' will have great opportunities. With its access to Alibaba's resources, data, and all the relationships in our ecosystem, the 'Post' can report on Asia and China more accurately compared with other media that have no such access.
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.
Consumption is still going up on Alibaba.
This is because when the economy goes down people look online to Alibaba to buy cheaper things.
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.
Alibaba spends money on improving the products and services, not on kickbacks.
That's a good thing. It's called a value system, and because of that, we get more and more small- to medium-sized companies to support us in China.