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.

A leader should have higher endurance and ability to accept and embrace failure.

Today the financial market is no good, but the money is there.

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.

I believe in two principles: Your attitude is more important than your capabilities. Similarly, your decision is more important than your capabilities!

If Alibaba cannot become a Microsoft or Walmart, I will regret it for the rest of my life.

Your employee should have superior technical skills than you. If he doesn't, it means you have hired the wrong person.