It's not that other countries steal jobs from you guys. It's your strategy. Distribute the money and things in a proper way.
Interpretation
The quote highlights that the challenges in job creation and distribution are often due to flawed strategies rather than external competition.
Jack Ma emphasizes that the struggle with job availability is not solely due to foreign competition but rather the result of internal strategies concerning wealth distribution. He suggests that a more equitable approach to managing resources would improve opportunities for everyone, indicating that the solution lies in how money and resources are allocated rather than blaming outside influences.
In practice
In a business seminar discussing local job creation strategies.
Hong Kong people say Hong Kong needs to preserve its uniqueness. I say Hong Kong's uniqueness is in its diversity, its tolerance of difference cultures... China does not want to see Hong Kong in decline. I have full confidence in its future.
If we are a good team and know what we want to do, one of us can defeat tons of them.
Helping doing business easier, we choose the name Alibaba because it is a global company. It is founded in China, but it was created for the world.
In the beginning I just wanted to survive. For the first three years, we made zero revenue. I remember many times when I was trying to pay up, the restaurant owner would say, 'Your bill was paid.' And there would be a note saying, 'Mr. Ma, I'm your customer on the Alibaba platform. I made a lot of money, and I know you don't, so I paid the bill.'
Even if your competitor is still small in size or weak, you should take him seriously and treat him as a giant. Likewise, even if your competitor is massive in size, you shouldn't regard yourself as a weakling.
A leader should have higher endurance and ability to accept and embrace failure.
Budget consolidation and economic growth are two sides of the same coin.
The gap in India has always been between the promise and the execution.
The value of a thing is the amount of laboring or work that its possession will save the possessor.
One-sided national economic triumphs cannot be achieved in the increasingly interwoven global economy without precipitating calamitous consequences for everyone.
Economic growth and environmental protection are not at odds. They're opposite sides of the same coin if you're looking at longer-term prosperity.
It had been held that the economic system, any capitalist system, found its equilibrium at full employment. Left to itself, it was thus that it came to rest. Idle men and idle plant were an aberration, a wholly temporary failing. Keynes showed that the modern economy could as well find its equilibrium with continuing, serious unemployment. Its perfectly normal tendency was to what economists have since come to call an underemployment equilibrium.
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