Richard Liu Qiangdong: An Exquisite Story Of Success

 

Every success is backed with a Hardwork, trials and challenges. Success is sweeter when the road going there is rougher and more challenging – and one excellent success story is the story of Richard Liu Qiangdong.

Richard Liu Qiangdong is currently the owner and Chief Executive Officer of JD.com. JD.com is one of China’s biggest e-commerce platforms, and is the direct competitor of Alibaba.com which is owned by Jack Ma. The erection and establishment of JD.com is probably one of the most interesting stories in businesses.

Richard Liu Qiangdong was not born with a silver spoon, but Liu was born with tenacity, resilience, adaptability and was born as a natural genius. Richard Liu Qiangdong studied Sociology in his college years and received an Executive Master’s in Business Administration – and during all these years he was spending his down time in teaching himself basic programming – not knowing that he will be using this in the near future when he builds JD.com.

After college, he went into building a business that involved selling magneto-optic products in physical brick and mortar stores around Beijing. Richard Liu had a stable flow of business, managing around 12 physical stores. But then, everything changed when the SARS epidemic hit China, which meant that Richard Liu had to shut down his physical operations in order to keep everyone safe from the disease. But this also meant that business was stopped, and Richard Liu was at the brink of bankruptcy, and the epidemic has left him without a source of income. But this is the time where his resiliency will be put to the test – he gathers his managers and dependable team members, and they resulted into venturing into e-commerce and online shopping to continue their operations during the epidemic, and this resulted to what we know now as JD.com. Get More Information Here.

JD.com is now one of the best performing online shops and they are off to even greater heights. Richard Liu Qiangdong makes sure that JD.com stays relevant to the changing times and makes efforts towards sustainability and environmental sensitivity, and he also makes sure that he is of active help to his community.

 

See also: https://www.forbes.com/profile/richard-liu/#138384a22677

 

 

 

Richard Liu Qiangdong Insight On Business Ideas

 

Richard Liu started his company from scratch in 1998; he did not have enough resources by then to finance his business. Richard Liu Established Jingdong company which was a combination of his name and his first girlfriend name. He decided to start the company as his family was having a financial crisis they could not afford money to pay for the bills for his aunt this he needed money. At that time, it was challenging to go abroad to study; hence Richard Liu had to start his own business to earn money. The company distributed magneto-optical products serving a wide range of customers in Beijing. A few years later, Richard Liu has established twelve stores across the country selling computer parts.

Richard Liu Qiangdong has a degree in Sociology and EMBA. While at the university Richard Liu had started a restaurant that did not do well at that time as he was unable to manage the business and class work. Richard Liu decided to spend his leisure time working through freelance coding. Liu was able to enhance the programming skills that earned him a job at Japan Healthcare Center. Richard Liu Qiangdong served as a director for the computers, the business and logistics for two years. Later he started Jingdong company.

In 2003, there was an outbreak of SARS, Richard Liu did not want his employees to be hit hence he gave them water and other supplies to use at home. By the end of 2004, one of the managers who is currently a billionaire advised Richard Liu to venture into e-commerce to reach the customers at their homes. They launched JD.com which is the largest Retailer in China today. The company has a net worth of more than US$60 billion and more than 167,000 employees. The number of employees changes each day increasing the number with more than 30,000 employees per year.

JD.com delivers ordered goods in London, US, Europe, China among other areas. They have adopted modern technology to ensure products reach the client on time. For those in Beijing and China goods are delivered within three hours and in other areas approximately 20 hours. Get More Information Here.

Due to his hard work throughout the years, Mr. Qiangdong has managed to accrue a few important accolades over the years. One of these incredibly amazing awards was the “2017 Variety500 Honoree” in the variety honors. JD.com is currently well over $44 billion in worth which is looking to continue growing upwards with time.

 

See also: https://www.forbes.com/profile/richard-liu/#138384a22677

Richard Liu Qiangdong: Rebuilding JD.com

 

Every company faces tremendous odds at some point in its history. What is a CEO to do when a natural disaster destroys his or her facilities or public behavior changes the way people interact? The simple answer is that the above-suggested CEO adapts and overcomes the challenges.

In reality, overcoming nationwide trouble isn’t as easy as coming up with brilliant marketing or reinventing the company. Sometimes, owners must completely abandon their original idea and build something entirely from scratch. That’s what Richard Liu Qiangdong did after the 2003 SARS outbreak that ravaged China’s people and its economy.

Richard Liu Qiangdong is Founder and CEO of JD.com, one of China’s most successful online companies. JD.com began as a little brick-and-mortar store in Beijing. At the time, Liu Qiangdong never thought his small store would become a $50 billion company. He imagined a successful but humble life for himself and his family.

Growing up, Liu Qiangdong’s family was poor; they owned their own business, but the business was small and didn’t have many clients. His parents owned a shipping company that only transported coal in one direction: north to south. When he moved to the city, Liu Qiangdong wanted to pursue a career in politics; he even earned a sociology degree from Renmin University.

Soon after earning his degree, he found out that political professionals don’t make much money in China. Instead, he learned computer programming and worked as a freelance coder. Using that money, he put himself through business school, earning an EMBA and landing an excellent job at Japan Life. He held many positions at Japan Life but still wanted to pursue a career as an entrepreneur. He tried to open a restaurant while in school, but it went belly up due to lack of dedication. Refer to This Article to learn more.

In 1998, he opened Jingdong, a little store in Beijing. Jingdong sold magneto-optical products. By 2003, Liu Qiangdong opened 12 Jingdong stores, which were all closed after the 2003 SARS outbreak. So, Richard Liu Qiangdong moved his company online, and JD.com was born.

 

More about Richard Liu Qiangdong on https://www.wealthx.com/dossier/qiangdong-liu/

Robert Deignan Is A Technology Expert And Businessman

There is no single method for success when it comes to business and there are businesspeople on all sides of the spectrum. Some may be more successful than others, but they all take the same journey. There are also some individuals who take the road alone, while others seek aid and professional expertise to get them going or even stay afloat. Robert Deignan is a successful businessman and entrepreneur that is focused on the technology industry with his Anti-Malware company, ATS Digital Services.

There is all sorts of information out there on how to run a successful business, most of which are opinions. That being said, there are certainly bad habits that people can follow which will limit or even ruin their chances for success.

Robert Deignan studied at Purdue University to earn a degree in organizational leadership in 1995, which he was able to earn through a football scholarship from St. Thomas Aquinas High School. Following his graduation, Robert entered the sports industry and began working for the Miami Dolphins and after a couple of years, the NY Jets.

After a year or so working with the NY Jets, Robert got to talking with a colleague of his who was an entrepreneur to do a project together. By 1998, Robert and his partner founded the company known as Fanlink Incorporated. While Fanlink was only up and running for a period of two years, it was a valuable learning experience for Robert Diegnan and furthered his passion for technology.

Within just a year, Robert was working for iS3 as a vice president, where he spent the next decade or so building his experience and reputation as an executive in the technology industry. By 2011, Robert Deignan decided he was ready to start up a digital services company of his own that was more focused on the consumer and providing quality service that people can trust. Today, ATS Digital Services provides their clients with a myriad of different services to help them with their technological issues, even simple troubleshooting.

https://www.crunchbase.com/person/robert-deignan

Richard Liu Qiangdong Davos Interview: Looking To Expand Globally, But America is A Hard Market To Enter

 

Richard Liu Qiangdong is the CEO, founder, and creator of JD.com: an online retail store with not millions, but billions of products available for purchase online. 57% of all items ordered get delivered within 6 hours in China, and 97% within 20 hours.

JD.com is one of the top ten market cap companies in the world behind Amazon, Baidu, Alphabet, and a few others, but has a market cap of over 30 billion dollars currently with their stock trading at $22. Life was not always this good for Richard Liu, as he noted in his Davos, Switzerland interview. “My family worked in rural China by the canal, and my grandmother was sick, so I needed money to buy her medicine. I went to college in Beijing and tried to open up a restaurant. It failed miserably … belly-up. Go Here for additional information.

But I learned a valuable lesson about business, which is that you must devote a lot of your time into something in order for it to succeed.” Now Richard Liu has a personal net worth of around ten billion dollars, after his online electronics store started taking off well and Richard Liu was able to add new product categories year after year consecutively. “Our main competitor right now would be Walmart … Our focus right now is on price and efficiency. Our prices are similar to Costco in the U.S., and we care constantly working on efficiency in order to provide better quality service to our customers.”

With billions of goods for sale compared to Walmart’s mere millions, Liu and his team are actively seeking to expand into different parts of the world like Southeast Asia, and eventually Europe and America. “America is a very hard market to break into, and I hope that it becomes easier so that we can all sell together.”

 

See also: http://www.ftvcapital.com/team-member/richard-liu/

Philanthropic Efforts Of Vinod Gupta

 

Vinod Gupta is a successful businessman, but he considers himself successful not because of the riches he has acquired, but for the impact, he is making in the society. He is doing so much in helping the less fortunate and those who would face challenges accessing good education. To him, what matters the most is the impact that he can create in the lives of others. Vinod Gupta is ready to help as many people as possible to change the way they think about success. Success should not be about walking all over other people; it should be about humility and serving others.

 

Vinod Gupta has built a successful business empire. With only $100, he created a business that he later sold for $680 million. Vinod went onto start a career and subsequently start his own businesses. He founded the Business Research Services and American Business Lists (ABI), which helped businesses obtain information on prospective clients.

 

He has then created a venture capital firm called Everest Group. This is the company through which he is assisting people who would love to be successful. He has done so much in trying to help others who have brilliant ideas but lack a way of implementing them. Through the venture capital firm, he is investing in businesses that he believes are going to perform well in the future. Gupta also advises underperforming companies on how they can turn their ventures into profits.

 

Vinod Gupta is also donating millions to education programs in India. He is behind some of the world-class educational centers that have been developed in the country. He has given $1 million for the construction of a polytechnic in his rural village. The center is meant for women.

 

Gupta is an advocate to Women’s Education – he strives to give them chance to get equal opportunities. Many women have undergraduate degrees in technology-related courses. Vinod Gupta is also supporting other institutions that played a part in his education. At the Indian Institutes of Technology, he has built two schools that will train the young people about management.

 

View Additional Info Here.

 

Richard Liu Qiangdong And His Innovative Measures To Protect The Revenue Of His Business

 

Richard Liu Qiangdong is one of the online investors who has been renowned for his efforts to improve the services that he offers to his customers through the incorporation of innovative strategies in his work. He is the owner and the founder of the JingDong, currently known as JD.Com is the largest online retail store in China.

Richard Liu Qiangdong established this organization in the year 1998, which was immediately after finishing his undergraduate education. He had graduated with a bachelor’s degree in sociology, but like any other young individual in the country, it was quite difficult for him to snatch employment and so he decided to engage in business.

An interview called “An Insight, An Idea” with webforum.org sat down with Richard Liu to discuss his career and how he has transformed the retail industry.

A restaurant was the first enterprise that Richard Liu Qiangdong established in 1996. This never went as he had planned and he was forced to shut it down due to its poor performance. He later got employed I one of the political firms in the city of Beijing, but he felt that there were some dreams in his life that he could never actualize if he remained employed. He quit the job and began the JingDong Company. This name was derived from that of Richard Liu Qiangdong and his girlfriend. This firm performed very well, and he even decided that he would establish some branch store in various parts of China.

However, the glory of this enterprise started diminishing in 2003 when there was an outbreak of SARS. At that moment, the Chinese government ordered that there would be no movement in and out of town until the epidemic was over. This affected Richard Liu Qiangdong’s business negatively, and his revenue reduced drastically. This challenged him to design some way in which he would protect himself and his company from such losses in case such curfews are ordered again by the government. See Related Link for additional information.

The solution that came to Richard Liu Qiangdong’s head was the transformation of the business so that it would become an online store. This would enable the customers to access the products and services from their homes using the internet connection. This was the best decision that Richard made for the company since JD.Com has never suffered from such occurrences again.

 

See also: https://finance.yahoo.com/news/richard-liu-high-flying-ceo-100429011.html?_fsig=uIMv3xJkNFuLMYw_z6Ocsg–

Gregory Aziz’s Transformation Of National Steel Car

 

1Gregory James Aziz was born on April 30th, 1949. He gained his early education at the Ridley College before majoring in economics at the University of Western Ontario in Canada. After graduating, he started his white-collar career in his family business where he helped run Affiliate Foods as the company’s president. Joining Affiliate Foods in 1971, Gregory Aziz helped the company to revolutionize its customer base by widening its reach from Canada to Europe and Latin America. He also introduced the high-quality standard custom at the company where he oversaw increased distribution of fresh foods to its customers.

After 16 years of leadership and exemplary performance at Affiliate Foods, Greg Aziz advanced his career further by making numerous investments in the banking industry. He explored the vast opportunities that the New York commercial streets had between the late 80s and 90s. Armed with the tremendous experience and expertise in the field of investment and corporate leadership, Greg Aziz managed to purchase the National Steel Car Company from its previous owner Dofasco, in 1994. At the time of the acquisition, National Steel Car was performing quite poorly in the market with its profile marked by low manufacturing standards and poor customer service.

His first initiative at the company was to introduce a structured form of leadership which enhanced decision-making. Greg also introduced new standards of railcar engineering, replacing the previously existing redundant system that had drugged National Steel Car behind. His radical changes within the National Steel Car Company saw the company improve its annual rate of production from 3,500 railcars to over 12,000 cars.

Greg Aziz also introduced changes in the human resource sector of the company by enhancing the hiring of local talented Canadian engineers in Ontario. These changes saw the company certified by the International Standardization Organization with the ISO9001:2008 certification in recognition to high manufacturing and engineering standards. Visit This Page to learn more.

National Steel Car, under the new leadership of Gregory J Aziz, was also recognized with numerous other awards in the railcar manufacturing industry. Among these include the 6 consecutive TTX SECO awards for high quality that the company has been awarded since 1996. Currently, National Steel Car, under his leadership, is performing exemplarily well as it has opened numerous branches within the United States as well as Canada and beyond. The company is also targeting expanding its customer base from North America to Latin America and Europe. It also works towards retaining the existing customers by maintaining the high levels of corporate management, customer service, and railcar manufacturing.

More about Aziz on https://medium.com/@gregoryaziz

 

Vinod Gupta, The Entrepreneur

 

Vinod Gupta is an entrepreneur and a businessman, philanthropist and an investor. He worked for the infoUSA as the Chief Executive Officer. He is an India-born American and a charitable man who gave out $50million to philanthropic endeavors as donations.

 

In his book, Bill Clinton, the former USA president has heaped a lot of praise to Gupta for his dedication and service to humanity.

 

Vinod has worked as an analytical research manager in the marketing sector of the Commodore Corporation, a mobile phones manufacturer with only 18 branches in the country by then. During his tenure at Commodore, Vinod’s duty was to monitor and get a list of every mobile home supplier in the US.

 

Vinod founded the Businesses Research Service & American Business Lists, a business he started by getting a bank loan from a financial institution in America. He got two part-time employees and finally launched his company in 1972. His company offered to create lists from the available information from the telephone’s record books.

 

The rise and expansion of the American Business Lists which served towards the identification of customer’s needs and striving to meet these needs and an improved model of service delivery, Vinod technically incorporated other forms into his database. Vinod Gupta targeted at motorists, bicycle, boat and automobiles dealers where the increased demand for accurate business-business information flow was vital for his business’ growth.

 

It took him 13 years to at least be a bit stable in his business, but he continually pulled back his profits to try to meet the growing demands of his customers. Under Vinod’s leadership, his company has grown from a single business entity with only two part-time employees to a multinational business enterprise with over 1,800 employees and fetching huge returns annually.

 

Vinod Gupta is a charitable man, despite his success in business, he’s contributed to the society, seeing the role education has played in his life, Gupta funds regularly on education scheme, especially Women’s Education. He donated 41million for women’s Polytechnique, also funded an Indian Institute of technology and funded the establishment of Vinod Gupta Management school, an institution offering MBA course to engineering graduates and with five years working experience. Besides he also donated towards the starting up of the Intellectual Property Law School which went for over $2million. Go Here for related Information.

 

 

 

Robert IVy: Astounding Arcitect

Robert Ivy is the CEO of the Institute of Architects. He earned his master’s degree in architecture from Tulane University but served in the Navy as an officer before becoming an architect. Since 2011, Ivy has served as the CEO of The American Institute for Architects and was recently added to the Noel Polk Lifetime Achievement list. This recognition is given to living individuals with ties to the state of Mississippi who are either artists or individuals who heavily support the arts and who deserve special recognition for Performing or supporting art. Robert Ivy is now among several prominent individuals from the state of Mississippi to be added to this prestigious list. More about of Robert Ivy at Huffpost

Robert Ivy has spent much of his life writing and reporting on architecture from many parts of the world. He is a truly unique Mississippi native who has helped make the subject of architecture more widely available to the masses. He now takes the spot he has earned on the list of Noel Polk award honorees.

Before becoming a CEO, he served as the top editor for McGraw-Hill’s Architectural Record. It was his leadership that helped spread the Architectural Record all over the world and receiving numerous awards in the process. During his time as CEO of The American Institute of Architects, he helped the institute expand its image, boasting a total of seven global chapters. These chapters help to assist American Architects in numerous countries around the world. Robert Ivy also was recognized by Alpha Rho Chi for successfully communicating the importance of design. This fraternity has been around for over one hundred years. Ivy is the only individual in the 21st century and the seventh person in the fraternity’s history to gain the title of Master Architect. The University of Arkansas awarded him the Dean’s Medal in 2017.

Learn more: https://www.mswritersandmusicians.com/mississippi-writers/robert-ivy