Founder Of JD.com, Richard Liu

 

JD.com was invented by Richard Liu, and it is currently among the most popular online retail businesses in China, alongside the famous Alibaba. So far, Richard Liu has been in the retail industry for close to two decades and he has therefore gained a lot of expertise over the years. He has also shown signs of consistency in his business as well as business-related ideas.

 

Richard Liu Qiangdong studied at the Renmin University in China where he was pursuing Sociology. While on campus, he showed a lot of interest in coding and programming during his free time. However, he graduated in 1996 after which he got employed by a Japanese company, where he got the role of being in charge of all the computers of the business which was a company dealing with health matters. Liu Qiangdong felt quite comfortable with his role as he got the chance to exercise his specialty in coding works too. Last year, Richard Liu’s wealth was estimated by Forbes Magazine at $10 billion.

 

Later on, Richard Liu Qiangdong quit his office job as he wanted to join in on the entrepreneurship wave, and he opened a shop that dealt with magneto-optic products. He named his shop after his then-girlfriend as well as himself hence the name Jingdong.

 

Within a few years of operation, the shop had grown and even opened twelve more outlets. The business was also doing tremendously well until 2004 which saw its downfall. That year, there was a disease outbreak which made people stay indoors at their homes for fear of contracting the disease. See This Article to learn more.

 

The shop staff also had to wait at home as they too were scared, and no customers were coming to the shops. Jingdong made so many losses at the time, which gave Richard Liu his wake up call as he came up with the idea of having his shop operate online since he could access his customers easily without having them to come at the shop physically. JD.com was then created and has been in business since 2004, competing with other large online retailers.

 

Because of Qiangdong’s success in selling other goods online, Richard Liu Quiangdong has now been ranked by Business of Fashion as a top 500 “Most Influential Person In The Fashion Space”. Fashion is, of course, a $2.4 trillion market on its own.

 

While being interviewed by the We Forum, Richard Liu Qiangdong pointed out that there are high hopes of the stabilization of the Chinese economy since the dependence on white-collar employment has reduced tenfold, and entrepreneurship has become the usual norm.

 

When asked to advise how to keep his business successful even beyond borders, he highlights that one needs reliable partners from outside the home country so that the exposure of the company can be grown. Richard also points out that he never has and he will never have any political ambitions as he is comfortable with his entrepreneurial venture, from which he will only retire after he is 65 years.

 

View source: https://jingdaily.com/tag/liu-qiangdong/

The Success Story Of Richard Liu

 

If we talk about Richard Liu Qiangdong, so he is one most well-known person. Whenever we talk about commerce platform, how can forget Richard Liu? He is the Chief Executive & CEO of JD.com. He is having a platform of almost $57.6 million. Isn’t it incredible?

Liu Qiangdong has won great fame by making two Chinese E-commerce giants. JD.com is at its peak nowadays and is performing its services as the largest retailer in China. We-chat has also agreed to promote this site prominently. He was the one who ignored his failure and tried again. It’s quite often when we try again and again so god don’t regret our spirits and he is one of the most apparent examples of it.

Well, we should move on the latest interview of Richard Liu Qiangdong. Probably he was looking very pleased, and he gave his interview in a very promising way. In his interview, he was looking very delighted. He talked about JD.com there, and he said that he started this company in 2004 and there has been no looking back since then.

It will be very exciting for you to hear that (JD.com) was named after the first girlfriend of Richard Liu. He said that I just combined my first girlfriend & my name altogether and kept the name JD. He answered the questions quite honestly by remembering his failures. His first endeavor was the restaurant business. He told that there was no management in his previous business, that’s why it failed. See This Page for additional information.

After that, he discussed his 2nd business which was a computer accessories store. He had 12 stores, but regarding some issues, it collapsed once again. Richard Liu said I closed my physical stores and started selling my products online in 2004. He said “I realized the e-commerce is the future of trading”.

 

More about Richard Liu on https://www.forbes.com/profile/liu-qiangdong/#711217232c0d

Why Vinod Gupta Stays True To Socially Responsible Investments

 

Corporate social responsibility is the idea that businesses, especially large, well-endowed corporations, should be socially, environmentally, and otherwise responsible. Without such policies, the world as we know it will degrade for both ourselves and future generations.

Vin Gupta and his investment firm, Everest Group, act responsibly in placing their investments as one of their major strategies. In other words, Everest Group won’t invest in businesses that fail to be socially responsible, no matter how well their prospects may seem.

Here are several reasons why Vin Gupta stay true to proper corporate social responsibility policies.

People increasingly do business with businesses that do good business

In the past few decades, people would do business with whichever businesses they thought provided the most value to them. Today, people are readily swearing off businesses that fail to act responsibly. For example, some businesses dump small amounts of waste into the environment as allowed by United States law. Environmentally-minded people don’t entertain those businesses’ offers, no matter how good they might seem. Read This Article for related information.

As time marches onward, more people will act responsibly in determining which businesses get their business. Organizations that fail to demonstrate corporate social responsibility will inevitably fail to succeed.

Everest Group gains positive press by doing away with investments in irresponsible businesses

Corporations have one goal in mind – to generate profit and growth. Those that do so in an irresponsible manner are not invested in by Everest Group. Everest Group is able to push out press releases that tell the public about its decisions to invest in responsible business entities.

This results in positive press for Everest Group and Vinod Gupta. Although gaining such positive press isn’t the underlying reason why they only invest in responsible companies, it certainly is a valuable benefit.

 

See Also: https://about.me/vinodgupta1

Richard Liu Qiangdong Has Lofty Goals For JD.com

 

Since Richard Liu Qiangdong started from the bottom of the business food chain, he knew there were things that would make it easier for him to try and help people. He also knew there were a lot of other issues companies had that he would have to overcome. He didn’t want JD.com to be the same as any of the other businesses.

Instead, he wanted people to understand why he pushed to make things better. It was his goal to always let people know why he did things while also coming up with positive opportunities they could use while they were shopping. Richard Liu Qiangdong is so much more than an owner of a store.

Liu created a movement for people and continues pushing to make sure that the movement is the best option for all his customers. He can do more than what other companies can and that’s what allows him to show them the company will succeed.

Richard Liu Qiangdong rose to success with JD.com. Now, the company is the second biggest retail store in the world. It’s only behind the other retail giant Alibaba and not by much. Richard Liu Qiangdong knows he can run the company the right way and push to make sure people get what they’re looking for. By doing this, he’ll make JD.com the best instead of just the second best. It’s his aspiration to make sure the company is the best in the world.

Not only does Richard Liu Qiangdong run the company so he can help people but he also does it so they have a chance to shop for everything they’re looking for in one places. After attracting retail giants like Wal-Mart and Google, Richard Liu knew he made all the right choices.

He has a lot of investors behind the company and that helps him with the connections he needs. He doesn’t worry anymore about where he’s going to get the money to keep running the company from. Instead, he focuses on how he can make even more money to increase his worth and the value of the company. See Related Link for more information.

 

More about Richard Liu Qiangdong on https://www.scripps.org/physicians/18780-richard-liu?tab=overview

Paul Herdsman On What You Need To Succeed As An Entrepreneur

 

Successful entrepreneur and business owner Paul Herdsman knows firsthand what it takes to run a growing company. He is the co-founder and COO of NICE Global. They provide an array of services to companies, so they can focus on growth.

Mr. Paul Herdsman also achieved an education in his young adult years that prepared him for the future. At Florida Atlantic University, Paul earned his Bachelor of Arts degree. He currently lives in Boca Raton, with his family.

In a TheBroTalk article; “12 Success Tips for Entrepreneurs From NICE Global CO-Founder Paul Herdsman”, he shares his insights to aspiring and established business owners alike can use to be successful like himself.

When creating a service or product, it is really important to know your audience. What is their age range, gender, profession, or even financial income bracket? Upon finding this out, you can give them directly what they need, instead of missing the mark. Listen to their feedback, concerns, and needs about your business and services. Staying connected with them will determine if your company will have longevity or not. Then you give your customers above and beyond what you say you are going to deliver. This way, they will trust your company and keep coming back for more. Go To This Page for related information.

According to Paul Herdsman, do what you are passionate about and create a vision for it. Obviously doing something you don’t love will result in your unhappiness and inability to want to continue each day. How will it last when you don’t love it? Once you know what you want to do, then make a plan and visualize the outcome of your idea. It is always a good idea to find a mentor in your field.

They can steer you in the right direction and help you will any issues or questions you may be having. Just remember through your entrepreneurial journey there are no shortcuts to success and you will have to learn from your mistakes. You will become stronger through the whole process because you will know how to persevere whatever comes your way.

 

More about Paul Herdsman on https://angel.co/paul-herdsman

The Beginning Of JD.com And Expansion Plans According To Richard Liu Qiangdong

Richard Liu Qiangdong attended 2018’s edition of the World Economic Forum Annual Meeting, where he talked about his 20-year journey in the world of retail. Liu is the founder and the Chief Executive Officer of JD.com, one of the largest e-commerce platforms in China, currently worth $60 billion. Liu graduated from Renmin University of China, earning a degree in sociology, and later attended the China Europe International School Business. Prior to opening his own store he owned a restaurant, but it was his venture into retail in 1998 that saw him achieve great heights of success.

 

Liu Quiangdong opened a small 4 square meters store selling computer accessories in 1998. Due to the success of his business he was able in quick fashion to open a total of 12 stores by 2003. However, due to the SARS outbreak in China, both his customers and his staff for forced to remain house-bound, which put his business in jeopardy. By the end of 2004, Richard Liu closed all 12 of his stores and out of necessity, afterwards Richard Liu Qiangdong decided to focus on online retail, which marked the launch of JD.com. Due to a limited budget, the platform initially only sold IT products, but every year new products and categories were added.

 

Nowadays, the company has 167,000 employees and 500 logistics centers. JD.com is able to deliver 57% of their orders within 6 hours and 97% within 10 hours. It takes as little as 3 hours to get a product delivered in Beijing, and 10 to 15 days to deliver to Washington. The platform’s most popular products are consumer goods, fashion, and foods. Read This Article to learn more.

 

When talking about his goals to expand JD.com, Liu Qiangdong notes that expansion will take several steps, the first of which is bringing the best products to China, and then expand to Southeast Asia, the Middle East, Europe, and ultimately America. He also points out that despite the fact that in the past the rhetoric was that American companies have a hard time breaking into the Chinese market, he believes that the roles have reversed and that nowadays it is more difficult for a Chinese company to break into the United States market.

 

More about Richard Liu Qiangdong on https://www.aacsb.edu/about/advocacy-and-awareness/member-challenges/influential-leaders/recipients/richard-qiangdong-liu

Vinod Gupta Shares His Rise To Success

 

Vinod Gupta is a powerful self-made business man that remembers his humble beginnings. He was born in a small Indian village, and realized at a young age that education can change lives. He applied himself throughout school and had successful experiences in both undergraduate and graduate school. In college, he majored in Agricultural Engineering and Business. Vinod Gupta rise to fame began with the ability to observe things in an astute manner.

 

He gained experience working for an employer that needed a comprehensive list of mobile home dealers. At that time, there was no such list. He set about creating such a list on his own time. The list was impressive, and Vinod Gupta took out a business loan at a local bank to invest in direct mail marketing. Businesses quickly caught on to the value of his abilities and product, and he quickly saw an immediate ROI on his investment. He created his business called American Business Information.

 

While at American Business Information, he and his company worked to expand their offerings to the business world. Changing times and technology were in his favor. As such, the need for his product expanded. American Business Information branched out and created huge numbers of unique databases. His business was so successful that it eventually sold for $680 million.

 

Today, Vinod Gupta is a managing General Partner of Everest Group. His company provides millions of dollars to businesses seeking venture capital. Companies that receive his venture capital funding are largely in the field of database technology.

 

Vinod Gupta looks back over his life and attributes his success to an entrepreneurial spirit and a thorough understanding of the power of education. His education allowed him to take available technology forward to solve existing problems. That is virtually the secret of any entrepreneur. He realized that if one type of business could benefit from his database concept—all could. Vinod Gupta is the perfect example of what happens when education, drive, and an entrepreneurial spirit all collide. Click Here to watch his video on YouTube.

 

Vinod Gupta granted an interview to Gazette Day, a digital publication known for its high-profile, top-quality interviews, in late May 2018 – he included Effective Business Lessons for aspiring businessmen and entrepreneurs who wanted to succeed in the world of business like himself.

 

See Also: https://about.me/vinodgupta1

Vinod Gupta: The Importance Of The Independent Woman

 

Ordinary most millionaires don’t usually come out of the slums of India, however, Vinod Gupta is no ordinary person. CEO of Everest Group, Vinod Gupta was raised and educated in a small village outside of New Delhi. His dream to help his family and himself get out of poverty was the motivation for his hard work ethic. Gupta would be accepted into the Indian Institutes of Technology where he would earn his bachelors in agricultural engineering, soon after he would travel to the U.S to pursue a masters.

 

Like many graduates in Gupta’s shoes, he would go on to work with a top company, specifically Commodore Corporation post-matriculation. This is where Gupta’s journey to self-made millions began as he would be pressed with the task of creating an accurate list of mobile home dealers in America. However, he soon found out that no reliable data was out there, not in list format at least. Long story short, Vinod Gupta would formulate his own list of high-quality data that he would soon sell to companies across the United States.

 

Wanting to give back to his roots, Gupta made an incredible donation to the Ram Rati Gupta Polytechnic, a women’s school in India who aids in their advancement and the pursuit of postgraduate degrees. As a country who traditionally did not allow women to study, Vinod Gupta is extremely passionate about raising current girls to be future independent women.

 

He’s done this by creating many schools in his village along with providing them with buses, textbooks, and other essential resources that they would need to receive a high-quality education. According to Vinod Gupta, wealth does not bring happiness, it brings you the opportunity to help those who cannot help themselves, and that is ultimately where your happiness comes from. Today, Gupta has donated over $50 million dollars to various foundations, educational programs, and charities all around the world. See Related Link to learn more.

 

Visit: https://www.crunchbase.com/person/vinod-gupta-1a55

 

Gregory Aziz Provides Freight Car Value

Greg James Aziz, as Chairman, President & CEO of National Steel Car, continues to bring freight car expertise to the Canadian and global rail freight market. Railway, freight, and transportation partnerships have positioned National Steel Car to attain top global rank for the freight specialty niche. Manufacturing statistics for FY2018 reflect production stats for multi-thousand freight cars/per year. Gregory James Aziz  committed to the continuance of engineering excellence, best practices and quality output for clientele.

Aziz has brought a technical and educational background to the firm with tenure at Ridley College and the University of Western Ontario. James Aziz started in the family wholesale food business, Affiliated Foods, importing fresh food product from Europe, Central and South America to then distribute within Canada and the United States. Personal experience in investment banking followed in New York, as underpinning for the subsequent 1994 purchase of National Steel Car.

A commitment to excellence and safety remains. As important is Gregory James Aziz philanthropic commitment. Canada is served with sponsorship of the Hamilton Opera, the Salvation Army, Theatre Aquarius, and the United Way. National Steel Car’s food drive for Hamilton food banks was established early as well as sponsorship of the Royal Agricultural Winter Fair. Visit This Page to view his profile LinkedIn.

NSC adheres to North American regulations for rail tank car transport of flammable liquid cargo. Manufacturing metrics have been redesigned for stronger panels, safer construction of car body and ancillary support. Mr. Aziz is strongly in support of harmonization of North American/Canadian safety regulations, and operations have displayed this safety commitment. Lorraine Johnson, Chief Operating Officer stated: “By upgrading our technology at National Steel Car, we increase productivity and safety and contribute to a better environmental footprint for North America”. Robotics engineering has been improved for safety metric.

Happy to call Hamilton home, NSC remains positioned for quality engineering rail car manufacture for national and global clientele. Over 100 years- of excellence in engineering, now robotic, manufacturing distribution well positions future company growth. Prospective clients are encouraged to visit National Steel Car website information for their freight rail car solutions. Investment background does pay off for cutting-edge technological applications.

Related Reference: http://gregaziz1.strikingly.com/#about-greg-aziz

 

Paul Herdsman Advice To Entrepreneurs

 

Paul Herdsman is a business solutions provider. In the course of doing his work, he has helped many organizations to accomplish their missions. The main aim of every entrepreneur is to be successful; even Paul Herdsman knows that he needs to be successful and considers himself part of the things he teaches. Most of his lessons come from the experiences he has gone through when creating his business. Paul Herdsman understands that there is a lot that needs to be done for a business to be successful and this is what usually is lacking in many entrepreneurs, they have brilliant ideas but lack the character to be successful.

Paul Herdsman has shared some of the important Business Lessons with his fellow entrepreneurs. He is mostly interested in making sure that the young entrepreneurs understand what is required of them as they start and operate their businesses. Paul herdsman believes that the success of every entrepreneur starts with the personality. The characteristics you exhibit will determine if you will be successful.

One of the most important characteristics of an entrepreneur should be a positive attitude. If you are an entrepreneur and you lack this character, then you will have some rough time trying to run a successful business. Paul says a positive attitude allows you to be a positive thinker. When you think positively about the things that are happening around you, no challenge can be too big to handle. Herdsman believes that every entrepreneur should be a positive thinker so that they can manage to deal with the issues that face them.

Another character that he thinks should be in every business person should be risk-taking. A business person is a risk taker. If you do not take risk, then you can never know what works and what does not. Always ensure that you take measured risks every time you spot a food investment opportunity. Read This Article for additional information.

 

Source article: https://thebrotalk.com/brotips/12-success-tips-entrepreneurs-nice-global-co-founder-paul-herdsman/