Every entrepreneur has a story to tell, and Liu Qiangdong is no different. He started from humble beginnings and through hard work emerged to be one of the most prominent entrepreneurs of his time. He is the founder of JD.com, the largest e-commerce retail store in China.
Richard Liu Qiangdong has always had the entrepreneurial spirit. He started by opening a restaurant business. However, the company did not do well, but he continued to push on. He has also worked for Japan Life selling healthcare products. He later decided to open a business after completing his studies the business grew and was doing so well.
Even though he went to study sociology, Liu Qiangdong decided to follow his passion for computer programming. He later decided to go out on his own by opening up a shop dealing with magneto-optical products. The business expanded to 12 stores. However, things did not go well for Jingdong, when a SARs outbreak hit the country. Both customers’ staff had to remain at home due to the outbreak.
Richard Liu Qiangdong closed down all his stores and put more focus on the e-commerce store. He started by selling electronics and consumer goods. It was at this time that the idea to start JD.com came to mind in 2004.
Due to the company’s massive growth, it has attracted interest from the big players such as Wal-Mart. Walmart has a 12 percent stake in the company. See This Page for additional information.
JD.com also went into partnership with We Chat in 2014. The deal was for We Chat to promote JD.com services on its social network. The efforts paid off because JD.com went public in the US in the same year. Currently, the company has a net worth of $7.6 billion, and he invested in the Farfetch Company, the partnership will see the companies have massive reach in China. Jing-dong spent $397 million in the company.
Richard Liu’s aggressiveness has seen the company grow to be recognized as the largest online retail store. The company’s board cannot hold any meeting without Liu being present. There is no doubt that Liu has become an internet celebrity in his country.
When Richard Liu Qiangdong was growing up, he used to work in his parents transport business on the canals moving coal from north China to south China. This business was not a very profitable one and his parents still work in transport, but Mr. Liu decided to strike out on his own while he was still in college. Richard decided to open own restaurant, but because he was still in college trying to finish his last two years, Richard Liu’s restaurant did not stay open. Liu learned a valuable lesson that money alone will not build a successful business, you also need time to devote to any enterprise.
After graduation in 1996, Richard Liu had two choices: continue college abroad (as was the fashion then) or pay to enter a government position. Richard decided to not do either of those things and instead opened what would be the beginning of the business he still runs today. Jingdong sold authorized parts and tech equipment, which was a rarity when the market at that time was flooded with counterfeit parts. Mr. Liu eventually had 12 physical shops by 2003. A large part of his livelihood depended on face to face interactions, so when the SARS epidemic hit in 2004, Richard along with his managers decided to close the physical stores and try to fulfill orders online instead. Click Here for more information.
JD.com has grown into one of the biggest e-commerce sites in China. Richard Liu Qiangdong’s company has mastered the art of authentic products with good customer service and as quick as a 4 hour turn around in some areas of China, making it possible for JD.com to branch out into many other categories of products such as grocery shopping and delivery. For the future, Mr. Richard Liu would like to see more world commerce. JD.com could become a major contender against the giant online services such as Amazon or Ebay.
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Vinod “Vin” Gupta’s life is one of those true rags to riches stories that prove that focusing on a good education and working hard leads to success. He grew up in a small village in India and attended the Indian Institute of Technology, Vin Gupta altered moved to the United States in pursuits of a Masters degree, with his educational focus on business and agricultural engineering.
After Vin graduated, he was employed by Commodore Corporation. One of his main responsibilities was to create a list of US-based mobile home companies in order to sell them manufactured products. This information was hard to find and not readily available, so Vin gathered thousands of phone books and created the list himself. His employer was not happy that he spent so much of the company time to create this list and even threaten to terminate him. Mr. Vin Gupta saw the need for this list and would use this information to sell to other businesses.
Vin Gupta borrowed $100 and contacted businesses that could potentially benefit from utilizing his compiled records. Gupta received numerous orders for his list, which prompted him to start American Business Information. The company would eventually be sold for a staggering $680 million in 2010. Mr. Vin Gupta is currently with Everest Group, a company that offers financial and consulting assistance to companies that are struggling.
Vin Gupta has been a believer in helping to advance woman’s education in India. Vin Gupta donated funds to build the Ram Rati Gupta Polytechnic in the village he grew up in. This school has helped many women receive an education and offers areas of study in technology. Refer to This Article for additional information.
Mr. Gupta also donated money to pay for textbooks and transportation. India has a history of denying women the same educational opportunities that are offered to men. Mr. Gupta’s contribution to promoting woman’s education in his local community is a necessary step to ensure that eventually, all woman in India have a shot at a quality education.
More about Vinod Gupta on https://interview.net/vinod-gupta/
Richard Liu Qiangdong is a Chinese billionaire who is often compared to the Jeff Bezos of Amazon because they both are self-made. Richard Liu Qiangdong started JD because he had to shift his physical retail business to online forcefully. If you are not new to the e-commerce industry, you would already know the contributions of Richard Liu Qiangdong.
JD.com has become the second-largest retail company in China today after Alibaba and is considered to be the best when it comes to electronic goods. But, the company offers much more variety than its competitors, and their delivery system is also the best. The owner aims to become number one overtaking Alibaba in the coming years, and the process for it has already started.
Richard Liu Qiangdong was initially interested in the world of politics, but he understood later on that for financial security, he has to attend a business school to get a good paying job. There are other retail companies that are shifting their operations online because it is more profitable and the cost of operations is also low compared to physical companies. Read This Article for additional information.
However, Richard Liu Qiangdong started the online retail business when the entire country was facing a SARS outbreak. The online retail business has been witnessing tremendous growth in the past few years due to the tactful marketing and retail strategies that Liu Qiangdong has conceptualized and implemented. It is not easy to grow the online retail business in a country where Alibaba has already been dominating, but it is what JD has been able to achieve in a considerably much shorter period of time.
Richard Liu Qiangdong is open about his competition in the e-commerce market and feels that a healthy fight allows his company to do better. Liu’s company invests heavily in improving the system and upgrading their procedures to cut down on the cost and increase the efficiency of their delivery system. Richard Liu Qiangdong wants to make sure that his company is always on the top of new technology and adapt faster than any other e-commerce company. He feels that it is the only way to cruise ahead of the competitors.
Visit Liu’s page on https://www.crunchbase.com/person/qiangdong-liu
For over 24 years, Gregory James Aziz has been part of the largest and one of the most established manufacturing companies in North America. Although the company (National Steel Car) is over one hundred years old, the last two and a half decades have been exceptionally interesting to this Canadian giant. The company has re-evaluated policies, which have made the company one of the main companies that will steer the future of railroad freight cars. There are many reasons why National Steel Car continues to challenge the manufacturing traditions in this part of the world.
First, the leadership of this firm is exceptionally great. Led by Greg James Aziz, the company has been on a journey to redefine itself in the manufacturing niche. Greg Aziz is an economics graduate. Western University gave Aziz unmatched ability to interpret business trends, especially in this small but important niche. Now as the chairperson and the person in charge of the company’s operations, he has used this academic background and his previous experience in the business world to make National Steel Car competitive again.
Second, the company through the leadership of Gregory J Aziz has been in a continuous research and improving their designs and production. This journey has made the company a market leader in the Canadian market. One of the company’s operational philosophies is outdoing the previous strides in the manufacturing industry. Railcar manufacturing niche is relatively slower in terms of operation compared to mainstream car manufacturing niche. This reality means that each manufacturing process has to be done with extreme perfection.
Third, National Steel Car has one of the best approaches to client relations. Since the company is one of the oldest companies, it is structural normal to have worked with many clients before. It is however interesting to note that the company has been able to retain its old clients. This paint the correct image of how this company values clients. Gregory J Aziz points out that over the two and a half decades he has been in charge of this company, client’s satisfaction has always given the company direction. Currently, the company is one of the few major companies in Northern America to have a fully functioning PR unit. Find Additional Information Here.
Lastly, the company has expanded their production over the years. This production increase has made the company home to more than 2,000 employees that work at different capacities in this Northern America entity.
The Chinese economy is ripe for economic growth. While there are many businesses that fail, there are also a lot of diseases that can succeed. It is the birthplace of renowned web retailer JD.com.
“An Insight, and Idea with Richard Liu” with David Rubenstein partners with Richard Liu Qiangdong to discuss how he made the Chinese economy work for him. Richard Liu success is known by many business professionals all over the world. His company is worth more than $50 billion at this time. Richard Liu Qiangdong expects that the company’s value will only continue to increase as he expands into global markets and opens the company up to new opportunities. Richard Liu Quiangdong’s methods are truly exceptional.
Richard Liu discusses JD.com in a way that he has never done before. In fact, he takes the opportunity to talk to David Rubenstein about Richard Liu’s failures as well as his significant success. Throughout the interview, Richard Liu Qiangdong explains that his failures are what has made his success. His time in the restaurant business did not prove as profitable for him as JD.com has. In fact, the company was quite a failure in that respect. He blames being young and that lacking the time to adequately commit to the project. This is something that he does not feel has happened with JD.com. In sharp contrast, his experience with the company has been completely different. Find More Information Here.
JD.com is different from other companies on the Chinese market. Many of the companies that were in existence around when JD.com came onto the scene in 2003 were created for the sole purpose of marketing sub-par items and products to desperate consumers. It seemed that many of them were quick to set up shop and change through their inventory. Richard Liu Qiangdong wanted something that would have more staying power with customers. He wanted to create a website that people thought of immediately when they had a need. That is exactly what JD.com has become for the Chinese public. His next goal, he tells David Rubenstein, is to expand that sentiment to the world. If Richard Liu has his way JD.com will become a household name globally.
See also: https://www.evergreendentalcarenh.com/
Vinod Gupta is a successful businessman who grew up in a small village in India. With very little resources but a big imagination, Vinod Gupta was able to build a complete empire around his innovative spirit. He is the CEO and managing general partner of Everest Group located in Lincoln, Nebraska. He flew to the United States from India with less than $60 dollars in his pocket and is now a self-made multi-millionaire. When he landed in the states, he attended the University of Nebraska Lincoln. He graduated with a Master’s degree in agricultural engineering and business. Having a solid education and set of skills would prepare him for the real world.
Out of college, Vinod Gupta got a got as a marketing research analyst for a mobile home manufacturer called Commodore Corporation. This gave him insight about how the market works, and he took that information to heart. With a bank loan of only $100, Gupta started his own company. He worked tirelessly to grow it from the ground up. Vinod’s hard work and persistence worked out, and his company flourished. It was worth an estimated $680 million dollars at the time he sold it.
Vinod took that capital and invested it into other companies he formed. In his current position, he is currently the Managing General Partner at Everest Group. They help build tech companies with capital and buy other struggling businesses. This business pursuit has turned out to be very lucrative. Vinod has an ability to strike gold as an entrepreneur. He also utilities technology and innovation to fuel his growing ideas.
Gupta is not only an entrepreneur, but also a philanthropist. One of Vinod Gupta’s passions is to invest in Women’s Education. He has helped fund building girl’s schools in India where he lived. He also donated $1 million dollars to The women’s polytechnic school where women can further their educations.
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A business that started out in 1912 as one of the top rolling stock suppliers in Canada would find a rapid decline in the production of its rail cars after being purchased by Dofasco. The purchase of National Steel Car would be made in 1962 and many years later the decline occurred. The company had then been sold to the Hamilton Corporation known as National Industries Inc. This company was under the direction of Gregory Aziz who owned the company.
With Greg James Aziz in control, the company started to see an increase in sales once again. The increase in sales would jump from 3500 rolling stock car orders per year to over 12000 cars. Not only did the increase in sales go up but so did the number of people who were working for National Steel Car. When Greg Aziz took over, the number of employees it maintained was at 500 and with his help, the number has grown to well over 3000 employees.
Under the authority of Greg Aziz, the National Steel Car company has remained as a leading builder and supplier of rail cars. National Steel Car is a leader in rolling stock cars not only for Canada but also for the United States. The various rolling stock cars being made by National Steel has led the way for contracts to be made that ordered a large amount of rolling stock cars.
While at the helm of the business, Gregory Aziz has signed to build 1000 grain hopper cars with the expectation of an additional 5000 nearly in the years to come. Not only have they signed to make the grain cars but they have also signed a contract to build 350 lumber cars along with the purchase or lease of a variety of locomotives.
In a world where transportation is key to shipping products across the world, the demand for rolling stock cars is high. There is always a demand for rolling stock cars in order to ship large quantities of items across the country at once as well as shipping grains from one place to another. Visit This Page for more information.
In the recent times, there has been a modernization act go into play. This bill requires that shippers and manufacturers in the rail business maintain a good level of business by keeping to a deadline when shipping. The deadline will make it so that there are no holdups on the demands of plants as well as to ensure that time tables are kept. It is important for rail companies to stick to these time frames as it will otherwise cost them when being fined.
Vinod Gupta is regarded as one of the most successful people in today. Vinod Gupta is the Chairman of Everest Group LLC in Omaha, Nebraska. He was the founder, chairman and chief executive officer of Infogroup, a technology company and started the Vinod Gupta Charitable Foundation. He began working for leaders in the industry that included Donnelly Marketing, Walter Karl and Database America. He combined his data with financial statistics, business publications and trade papers. He incorporated the cloud into his service which allowed his clients to locate customers easily.
It is not that he has a lot of companies, but because he started from the bottom and has used all the opportunities, he got to succeed. Vinod is also a humble person and has used the skills he has to help others who want to accomplish. He is always working hard to help others to achieve the same success he has achieved today. He is always striving to make the industry conducive for everyone and also improve his businesses through technology.
The journey of Vinod Gupta to become one of the best entrepreneurs in the United has not been easy. It is a journey that is full of setbacks, excitement, passion, innovation, and success. If you have little today and you want to achieve and live well in the future, Vinod Gupta is a perfect inspiration to you. .
He grew up in a small village in India where life was not easy at all. At the time, he went to school barefoot and lacked most social amenities like clean water and electricity. However, he did not allow that to ruin his life. Today, he is a wealthy man with a lot of skills and knowledge to share with other entrepreneurs. See This Article to learn more.
Vinod Gupta started small in business, but throughout the years he has made a lot of money. Vinod Gupta understands the value of the dollar, and he has been using this knowledge to make his way in business. Vinod is not only an entrepreneur but also focused on donating his money. Vinod Gupta has helped several startups to grow their business. Vinod has not forgotten where he came from. He has gone back to India where he has started one of the best schools to help students excel in life.
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Gregory James Aziz serves as the Chief Executive Officer and Chairman of the Board of National Steel Car Limited and National Industries, Inc. He is a Canadian businessman, and he has been the owner of National Steel Car since the 1990s. It is a subsidiary of National Industries Inc. The company is certified ISO 9001:2015, and to date this company is the only rail car company holding this certification in North America.
The company is one of the largest railroad steel car companies in North America. They have a long time history as a provider to the US. Greg Aziz has maintained the headquarters of the company in Canada for decades. Specifically, it is located in Hamilton, Ontario where Greg grew up. The company was founded more than 100 years ago. It experienced immediate after 1912, its first year in business, and they had a boom year in 1913. Demand for the steel rail cars was strong, and the company continued to do well until the Great Depression in the early 1930s. This was undeniably a period of turmoil that caused most industries to slump, and the railroad industry was no exception. The business started to do well again in the 1940’s and onward.
Owned National Industries, Inc. at the time he acquired National Steel Car. Soon after Greg Aziz took over the company, it grew rapidly again. They not only produce the steel rail cars. They also have a staff of skilled engineers who expertly design them to the smallest detail. The company manufactures freight cars and tanks as well. Greg saw a need to increase the workforce from 500 to 3,000 people when demand for production went from approximately 3,500 to a then company high of 12,500 cars. Go To This Page for more information.
The excellent reputation of the company has never wavered. Their customers know and rely on the company, and customers continue to receive the finest quality of products and services, and performance available. They trust the consistently high level of engineering expertise and manufacturing know-how for which National Steel Car is known. Greg James Aziz and his entire staff proudly carry on in the company’s tradition of excellence. They were duly honored to have received the TTX SECO industry award each year for the last 10 and counting.
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