You’ve to make consumers smart. An e-commerce portal doesn’t sell a product at cheaper rates, instead an offline shop sells it at a costlier prices.
Today, making money is very simple. But making sustainable money while being responsible to the society and improving the world is very difficult.
If the customer loves you, the government will have to love you.
When we have money, we start making mistakes.
I think Yahoo is a great company, with great assets.
I don’t care about revenues.
I am going to enjoy some other things apart from business.
Your employee should have superior technical skills to yours. If not, it means you have hired the wrong person.
A leader should never compare his technical skills with his employee’s.
A peace talk is always difficult, always complicated.
Don’t even trust that you are able to unify what everyone is thinking; it is impossible.
I absolutely don’t have $20 billion. But I’d love to, right?
I don’t want to be liked. I want to be respected.
I want people to learn what democracy means.
The most unreliable thing in this world is human relationships.
My job is making money, helping other people make money. I am spending money, trying to make sure more people get rich, because you cannot spend a lot of money, right? So my job is spending money, helping others. This is a headache.
My job is to help more people have jobs.
Alibaba is an ecosystem that helps small business to grow.
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 don’t want people in China to have deep pockets but shallow minds.