Richard Liu Qiangdong is a leading business person in the world. He is the founder of JD.com, the largest e-commerce platform in China. Liu is an inspiration to many budding entrepreneurs from all corners of the globe because he has created his business from scratch to now that he is among the best. He did not inherit any wealth from his parents or kins, but he eventually succeeded in work because he was passionate about entrepreneurship. Today, JD.com is ranked as the fourth largest business in China by market value. Liu estimates the current networth to be above $60 billion.
Richard Liu has been in business since 1998. He established a brick and mortar computer accessories business known as JingDong, which he later changed to JD.com after shifting to e-commerce platforms. Within five years that he operated the physical stores business, he had opened 12 stores for computer accessories. His ability to expand a business was already in place even before going onboard with an internet-based business. Today, JD.com is leveraging on the modern technologies that are making it easier and efficient to run an e-commerce platform. By applying the latest cutting-edge technology, the business is able to reach out to the customers in the shortest time possible. Today, JD.com is using robots and drones to deliver products within China. There are plans to expand this capacity to reach other neighboring countries.
Richard Liu Qiangdong delved into online business knowing very well that he had identified some of the challenges that affected other businesses doing e-commerce before. He recognized some of the complaints that customers had and decided to rectify them. For instance, he was determined to change the culture of sending fake items to customers. He also introduced price invoices to ensure that price cheating was eliminated. Richard Liu offered customers a genuine and honest platform where they could purchase items and have their orders fulfilled within 24 hours.
Richard Liu Qiangdong says that he is not giving up until JD.com becomes the largest business in China. This has always been his wish since he started and he is sure that through the steps he is taking, he will actualize the dream.
To know more visit @: jdcorporateblog.com/about-liu-qiangdong/
Ted Bauman is an accomplished writer who edits the Bauman Letter at Banyan Hill Publishing. The Letter is a monthly publication that attracts more than 100,000 loyal subscribers. Bauman has devoted his writing on the topic of how ordinary people can preserve and secure their wealth by investing innovatively and also by having legal and personal strategies. Beside the Letter Bauman’s runs a Smart Money Service including a weekly Alpha Stock alert all of which are trading services.
Ted Bauman was born and raised in the US but later relocated to the African continent in pursuit of education. He attended the University of Cape Town where he graduated with a degree in both history and economics. Bauman career also began while in South Africa where he worked for a number of non-government organizations and governments. He later moved back to the US where he had a brief stint working for an Atlanta based organization before joining Banyan Hill publishers in 2013.
Ted Bauman in one of his articles says that Amazon is not a monopoly. He goes ahead to warns investors against buying the firm’s stock as they are vulnerable. Amazon is among the top leading online retail companies. The firm is ranked the 4th most valuable company in the NYSE with a market cap of about 560 billion dollars. The firm also boasts of having close to 90 million loyal consumers who have prime memberships and can access free shipping and also enjoy free TV and movies streaming. The firm moreover has an estimated annual revenue of about 170 billion dollars. Despite the staggering figures, all is not rosy for the world’s number one online retail company.
Ted Bauman disagrees that Amazon is a monopoly. According to Ted companies such as Wall-Mart earn three times more revenue as compared to Amazon. Bauman further proves his analogy by quoting the New York Magazine that states Amazon generates less income than Kroger chain of supermarkets. Online retail companies are also a threat to apple as they represent about 56 percent of the total e-commerce market. One worrying sign against investing in Amazon according to Bauman is that although Amazon makes massive profits, it doesn’t pay dividends to its shareholders. Instead, the company uses the money to acquire other companies or introduce new services. This according to Bauman is dangerous, and investors can only profit from Amazon shares through selling them.
Ted Bauman’s Facebook Page
Some successful leaders are skilled, but some are also just favored way too much by Fortune and the gods. Glen Wakeman might be a rare mix of the two. There are many articles you can find online about Glen Wakeman; all you really need to do is type his name on Google, but if you want to get a chunky and informative profile about him, then this short article might be for you. Read on.
The CEO of Launchpad Holdings LLC
You may remember Glen Wakeman as a business leader who has spent years building a career in business mentoring and attempting to revolutionize the business models of companies. Sure, there may be hiccups and challenges in his attempts, but the real success of Glen Wakeman is the fact that despite all of them, he’s willing to learn more about the experience and moving on to better ventures. From start-up companies to creating new methodologies for companies, Glen Wakeman is passionate in sharing his knowledge and is humble enough to acknowledge where his ideas may be hard to apply.
Glen holds an MBA in Finance and BS in Economics, which he seems to not make a big deal out of. This is one of the reasons that make Glen Wakeman one of the most respectable leaders in the industry today. He doesn’t pretend that he has all the answers and all his predictions are applicable in all areas. Despite his BS in Economics background and the successful positions he held for GE Capital and as the founder of Nova Four, he still accepts that in a complex globalized environment, many of his success could not be accounted to just skills alone. Much of it could also be because of randomness, which in Nassim Taleb’s book Fooled by Randomness, is such a transformative concept (Glenwakeman).