Jack Ma (55 years old) is a Chinese entrepreneur and investor. He stepped down as the company’s Executive Chairman in September 2019. Jack Ma has stepped down from Softbank Group’s board of directors after approximately 13 years of service. Alibaba is a multibillion-dollar multinational technology conglomerate.
Jack Ma, also known as Ma Yun, is one of the world’s most influential individuals and the global brand ambassador for Chinese business. As of April 2020, Jack Ma is the second wealthiest person in China, with a net worth of $42.1 billion.
The following quotes from one of the wealthiest men on the earth will inspire you.
“Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be sunshine”
“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”
“You should learn from your competitor but never copy. Copy and you die”
“When I am myself, I am happy and have a good result”
“I’m not a tech guy. I’m looking at the technology with the eyes of my customers, normal people’s eyes”
“Help young people. Help small guys. Because small guys will be big. Young people will have the seeds you bury in their minds, and when they grow up, they will change the world”
“My vision is to build an e-commerce ecosystem that allows consumers and businesses to do all aspects of business online”
“Spending money is much more difficult than making money”
“The very important thing you should have is patience”
“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”