Richard Liu is a successful businessman and entrepreneur in China. Richard Liu is the founder and chief executive JD.com, the largest internet based company in China.
Currently, JD.com is the fourth largest company in the country. The company was formed in 2004 although retired Liu was in business from 1998. Before, he was managing 12 physical stores that dealt with computer accessories and digital products. It was determined to make it in business, but everything did not work out as he planned. The computer accessories business was not working as he intended and he decided to close down for some time and came back with a new idea. Richard Liu sat together with this managers to come up with a new way of making it in the business, and this is when they found the idea of setting up an internet based business as a great idea.
Richard Liu has built his business career from scratch. Everything he has accomplished today has been through hard work. The name JD.com came from a combination of his name and that of his first girlfriend. When he was growing up, his family ran a small transport company that influenced him to take business tasks. He identified that his parents’ business was not doing well and it would have been a great decision if he would have been in a position to put a business that would thrive successfully.
Richard Liu created his first business while attending college in China. It was a restaurant that unfortunately collapsed to reasons he attributes to lack of sufficient time to concentrate on its growth. He was in his third year in college, and therefore he had very little time to engage in work outside of class. He only had 2 hours a week to engage in business. The failure of the first business would not dampen his spirit. After college, he set up another business that had 12 physical stores in his home district. Get Related Information Here.
Richard Liu started this business before going to university. He was inspired to start the business by the challenges that he saw his parents go through due to lack of sufficient income. At the same time, his grandmother who he held a close relationship with was sick and would not afford medication. He needed money, and the only way was through business.
Today, JD.com stands at about $60 billion whereas his personal net worth is about 12.7 billion. And in 2017, Richard Liu became a “Variety500 Honoree” as a result of his persistence, innovation, and hard work. During his free time, the billionaire loves to either spend time with his family or volunteering at Red Cross.
On 10th march 1973, a well know internet entrepreneur by the name Richard Liu Qiangdong mostly known as Richard Liu was born. Richard Liu is well known as the founder of JD.com, the leading electronic commerce industry in China, which is also known as Jingdong Mall.
Richard Liu was born and lives in china in a city known as Beijing. Richard Liu studied in one of best universities in china known as Renmin University. Richard Liu net worth since then has risen intensively. Richard Liu has graduated from university with a degree in sociology.
In the year 2004 an online retail website was hosted by Richard Liu and it was the first to be launched by him. Richard Liu had a full strategy that the company was changed from a business model of selling only consumer electronics and it employed a system of selling large variety of goods all over china.
While in the college Richard Liu had some earnings from his computer programming and he also had his first entrepreneur as a small restaurant but did not speak well. This was because he could just devote only two hours to his job and rest to his studies. The money gotten was to be used in paying his grandmothers medical bill and treatment conditions. Get Related Information Here.
There was an outbreak of a certain disease that made it difficult to Richard Liu Qiangdong to interact with his customers hence forcing him to close all his shops and stated online business.
According to Richard Liu Qiangdong, he compared an online and offline business and concluded that online business was much cheap as compared to offline business since it was more efficient and less costly and also most of the customers were well satisfied by online business.
In the online business, Richard Liu added more of information technology products that were digitalized. Some of the products included were cell phones and many more. As we talk the online business is offering over billions of different products and its net worth is very large.
Richard Liu has offered a large percentage delivery of products to his customers within the shortest time possible.
According to Edwin Miranda, Agencies look at the difference between a creative director and an art director. Art directors are looking at alignment and tactics, which are important for brands who want to be unified and autonomous. Art directors, however, are not creative directors. Creative directors are focused on strategy, execution scale and analytics. Edwin Miranda says creative directors are not common, but they are a great asset. Being creative means you have an understanding of the market, the customers, and any pertinent data. You have to get extremely knowledgeable about trends and you have to come up with a plan that can be scaled and that is aligned with the company’s image.
The Benefit Of Creative Directors
The issue for agencies and advantage for consultancies is that creative directors are more common at a consultancy. The reason is because they are results driven, and are not just focused on the press. Edwin Miranda says the world of advertising is reaching a level of maturity, and consultancies are ahead of the pack. Ad agencies are going to be looking at making one of three choices: they an rise to the occasion, downsize, or get purchased. Top agencies have smart, talented people, but that is not enough to save the profit margin if they don’t have an real solutions. They will need more than nicely crafted campaigns.
Adjusting To The New Way
Edwin Miranda says the “Big Four” has a bright future. Market leaders are investing in the pricey technology and learning how to use it to make larger profits. Consultants are on everyone’s wish list these days. Even though the ad will always be around, it will never save the day like it used to. Advertisers have to make a decision. Either figure it out, or prepare to get left behind. Learn More.
Not all business ventures start out the way that we want them to. Richard Liu Qiangdong is no difference. His original business venture was a restaurant as a sociology student for Renmin University in China. He had saved up a lot of money from his tutoring jobs and various other business endeavors. He believed that he could use that money to fund a restaurant. Unfortunately, while he did have the startup funds, he was not able to put in the amount of time that is necessary to grow a business like this. Restaurants are notoriously difficult to get up off of the ground. The amount of money that they make is very thin on the margins and it takes an involved manager to make a profit.
This is one of the stories that Richard Liu Qiangdong tells Weforum in a recent interview with David Rubenstein entitled “An Insight, An Idea”. He looks back at this time with thought, believing that it set him up to be successful with JD.com in the future. Some years later after he had graduated from college, Richard Liu decided to try again.
Over the years he had worked for a variety of companies that taught him a lot about what he wanted out of his own business. In 1998 he opened Jingdong Mall. Jingdong Mall would eventually be the online retail company JD.com. In 2005 he was forced to move the small electronics business online because of low sales due to a recent outbreak in SARS. Moving the store online would prove to be the smartest decision he could make.
Currently, JD.com is regarded as a massive retailer for China. Chinese citizens go on to the website every single day to order necessities and trust them to deliver those items very quickly. In fact, during the interview Richard Liu explains that JD.com has a very quick turnaround when it comes to their delivery. See This Page for more information.
In a lot of cases, they can get items to customers in as little as two hours. It is staggering how quickly they have streamlined the process and Richard Liu Qiangdong believes he can go on a global scale. Only time will tell how successful he will be in this new arena.
Ted Bauman is an economist who is committed to helping people to get access to resources that is free from corporate and government greed. He reaches out to people through his publications. His primary interests are policies that foster low-risk investments, issues related to international migration, protection of assets and privacy.
Before joining Banyan Hill Publishing, Ted Bauman worked in South Africa as a fund manager for nongovernmental organizations. He managed projects that focused on building houses at low cost for people with low income. Mr. Bauman has also worked for organizations that help the less privileged people to receive financial help. A significant organization he has worked for is the Slum Dwellers International.
He later returned to the United States in 2008, and due to his vast skills as an economist, he worked as the Director for International Programs at the Habitat for Humanity International. He strived to achieve sustainability and productiveness.
Through the inspiration he obtained from his father who is also a financial writer, Ted Bauman decided to venture into the writing industry. His working experience has helped him to maintain relevance as he gives insights on matters related to finances. Also, his experience plays a vital role in the profitability and success of his publications. He maintains his significance by staying informed with the latest financial information and using an updated software that helps him to monitor stocks and make a proper analysis of current happenings.
By providing examples, he enables his readers to understand and relate to the subject of discussion. Through proper time management, Ted Bauman maintains his productivity. He also writes on a weekly basis in The Sovereign Investor Daily, a daily newsletter.
Capital in the 21st Century is his favorite book as it contains excellent insights on wealth concentration in the world and highlights the negative impact of inequality on an economy.
Ted Bauman is committed to providing his more than 100,000 subscribers with great insights on matters that can help them to secure wealth and become more profitable.
In a recent article on patch.com Dallas based company Stream Energy outlined their philanthropic efforts after the devastating hurricane, Harvey, that hit Houston in 2017. Harvey destroyed hundreds of homes and left people and pets homeless. There was one Dallas company that was not willing to stand by and leave these people in their greatest time of need. Stream Energy, a company that had made millions from its energy sales business, partnered with Home Supply Co. to help save those who were most affected. For Stream Energy these partnerships are nothing new, as they have worked with Habitat for Humanityand the Red Cross before.
Philanthropic work has always been a part of what the company has been, and they give back to the community through more than just money.
While the energy giant is never involved in philanthropy for any sort of recognition, it does help foster respect and trust in the local communities. Local customers will already be familiar with what the company does as they supply both energy services and mobile phone plans.
One of the areas that the company has devoted much of its philanthropic work to is homelessness. In the Dallas area alone there are thousands of homeless people that need a variety of services.
At the annual Stream for Hope event, that allows children a respite from their troubles, Stream Energy payed for the entrance and food for 1000 children to the local water park. It is just a fraction of the help that Stream Energy gives with donations year-round to supply everything from diapers to school supplies. It is not just a help to the homeless. Stream employees find the experiences incredibly rewarding.
Another area Stream Energygives generously to is the military, They donated both time and resources to military families in the Dallas area, and they are always trying to find new ways to help in their communities.
Ryan Seacrest hits the ground running each morning. He is a man with multiple projects going on any given day. In May of 2017 he signed on with “Live with Kelly and Ryan” as Kelly Rippa’s co-host and made the move to New York to be on set every morning.
In addition to “Live” Seacrest also has a daily radio show “on Air with Ryan,” produces TV programming including “American Idol” which he also hosts. Hosting the wildly popular “American Idol,” made Ryan Seacrest a household name. He even has his own skin care line called Polished and clothing line, Ryan Seacrest Distinction.
It is critical that Seacrest be on top of current events for “Live” and his radio show, so he catches up with the news from overnight he morning. “In the morning I’ll consume overnight news and watch a bit of television. I take a car every morning so I can read on the way,” he said in a New York Times interview.
Seacrest also manages to find time to devote to the “Ryan Seacrest Foundation” which he created to patients in children’s hospitals around the country an opportunity to explore their creativity within the real of broadcast media.
How does Seacrest keep himself going with so many things on his plate?
Host and producer Seacrest said that keeping a routine and exercise as part of his day is key to managing his schedule. The 43-year-old varies his workouts and recently has taken up boxing with a a coach in addition to working with his trainer. For other cardio he uses a Peleton bike and also loves to run but only outdoors.
A self-professed foodie, Ryan Seacrest eats a mostly vegan diet. He claims he works only to eat well and drink wine. And he does work hard. Seacrest said he has learned to practice meditation to help manage his attention deficit disorder. He has also learned to put down his phone and only take calls and interview requests after the first half of the day.
This Renaissance man is learning to balance work with enjoying life. Follow with Ryan Seacrest on Facebook and Instagram.
The Chinese online retail firm Jingdong has thrown open its logistics network to both other an online business and consumers. Businesses and people in Shanghai, Guangzhou, and Beijing can now ship parcels domestically using their shipping system by either accessing the JD.com app or by using the social-messaging app WeChat. At some point in the future they will offer this to everybody in mainland China.Jingdong has a nationwide network of warehouses, trucks, and vans that they use to deliver parcels purchased on the JD.com website. They will now be competing with Chinese shipping firms such as SF Express and ZTO Express, Inc.
Their logistics network can reach almost every person in the nation and over 90 percent of their orders are delivered in just one day or less.The chief executive of JD Logistics, Zhenhui Wang, said that they have been looking to leverage their national logistics network for a while now. JD.com is competing with the other Chinese largest online retailer, Alibaba, and extending their logistics network to consumers and businesses is an effective way of doing so.Jingdong has a logistics network that includes 15 logistics parks and over 500 warehouses placed strategically around mainland China. They also have close to 7,000 stations for pickup and delivery.
Their fleet includes nearly 250,000 delivery vehicles and they are increasingly delivering parcels via drones.When someone orders a product from Jingdong, 95 percent of the time it will show up at their door having been shipped from one of their warehouses. It will also be delivered in one of their vehicles by a driver wearing one of Jingdong’s uniforms. They had already been offering their logistic network to some corporations, including Unilever, so extending it to other businesses and consumers was the logical next step.A spokesperson for JD.com stated that they are one of very few logistics providers in China. She also stated that nobody but Jingdong has the same reach or speed as her company does. Opening up their logistics network to others will vastly speed up getting parcels delivered across the nation.
Finance Guru Matt Badiali has been recently warning investors that Oil prices are likely to rise in the near future. Badiali believes energy is about to change in a big way, although the demand for Oil will still rise while this change slowly begins taking place. Graduating with his Masters of Science in Geology from Florida Atlantic University, Mr. Badiali knows a great deal about the natural energy industry. After attending the University of North Carolina for his PhD until 2004 he entered the world of finance. Investors who’ve followed Matt Badiali’s advice over the years have seen double, even triple-digit returns on their investments after following his advice.
Oil Prices Are At Record Highs
Matt Badiali has told investors that the price of crude oil has never been higher. As of October 3rd, 2018, the closing price for crude oil was 86.20 dollars per barrel. Experts back in June did not predict this rise in oil prices as most of the oil-rich nations had stated that they will no longer cut oil production. This had the inadvertent effect of causing a drop in oil prices, going as low $45 dollars a barrel in 2017. Since that time, Oil has nearly doubled in price.
Prices May Be Set To Rise
Matt Badiali informed investors that Oil production maxed out in the United States due to bottleneck issues in both transportation and the pipelines. The main problem responsible for these issues is the way in which oil is transported within the United States. Our railroad system is outdated and unfortunately, this impacts our oil prices as most of the United States Oil is transported throughout the country by rail. The supply for the rest of the year appears to be tight at the present moment, this may fuel a spike in the price per barrel as we approach the holidays.
Vinod Gupta is a successful businessman. He is currently the Managing General Partner of the Everest Group. He is also the founder of InfoGroup, a company he sold in 2010 for $680 million although he had started it with $100. Gupta was born in a village in India. He came from a humble beginning, and his parents could not afford to give him the comforts of life.
The village Vinod Gupta came from lack supply of some basic needs such as tap water, tarmacked roads, and electricity. Despite all these challenges, no one would stop him from achieving his goals. He was determined to go the whole journey of success. From a humble beginning to one of the most successful people in the world.
Vinod Gupta has always been guided by the Business Lessons he learned while growing up. These lessons have shaped him to become successful and also a very generous man. He believes that his success should be a blessing to another person who might be going through the same challenges he underwent while growing up.
Vinod Gupta is proud to say that he is a self-made billionaire who has earned himself a position in the high table of successful entrepreneurs. How he became successful is also an inspiring story that should be emulated by all entrepreneurs. It is not about how much money you have; it is about how well you can grow the idea. Vinod Gupta is a successful man who has built his wealth from doing the right things all the time.
He has always worked hard to get the things he admires in life. Gupta has gone to an extra step of committing all his wealth to philanthropy. He believes that his wealth should be a source of happiness not only to him but others. He is currently supporting numerous education programs in various institutions which played a significant role in his education. Visit This Page to learn more.