A leader should have higher grit and tenacity, and be able to endure what the employees can't.

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.

Today, making money is very simple. But making sustainable money while being responsible to the society and improving the world is very difficult.

I don't shop online, but my wife buys everything at home. We buy sea crabs, fresh crabs, all kinds of things.

Luck is very important. Of course you can't wait for luck, because it won't come. While you start a journey, luck may eventually come to you.

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

Never ever do business with the government. Be in love with them, never marry them.