
Jack Ma
마윈
Founder of Alibaba Group who pioneered e-commerce and digital payments in China, empowering small businesses and youth to succeed on the global stage.
72 records in all
- Principles 17
- Episodes 33
- Quotes 22
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Photo: Foundations World Economic Forum CC BY 2.0 Original cropped
Quotes
10 basic records of 22
Quotes are word for word from the source.
Youth Education
Young people will have the seeds you bury in their minds
Our noteThe values instilled in youth shape their future.
World Change
and when they grow up they will change the world.
Our noteGrown youth will eventually transform the world.
Youth and Future
Young people will have the seeds you bury in their minds and when they grow up they will change the world.
Our noteInstilling good values in youth empowers them to change the world later.
Counterfeit Issue
The problem is the fake products today are of better quality and better price than the real names
Our noteModern counterfeit goods often surpass authentic brands in quality and affordability.
Manufacturing Process
They are exactly the same factories, exactly the same raw materials
Our noteCounterfeits and authentic goods share the exact same production facilities and materials.
Brand Value
exactly the same raw materials but they do not use the names.
Our noteThe absence of a brand name is the only difference between authentic and fake products.
Manufacturing Reality
They are exactly the same factories, exactly the same raw materials but they do not use the names.
Our noteModern manufacturing allows identical products to be made without the official brand name.
Investment Rejection
In 2001, we went to raise some $3 million in venture capital in the U.S. and got rejected.
Our noteEarly attempts to secure venture capital in the United States ended in rejection.
Wealth and Responsibility
When you have one billion dollars, that's not your money. That's the trust the society gives [to] you.
Our noteMassive wealth is not personal property but a responsibility and trust granted by society.
Competition and Learning
You should learn from your competitor, but never copy.
Our noteLearn from competitors to grow but strictly avoid blind imitation.
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