Richard Liu Qiangdong On His Long Walk To Entrepreneurial Success

 

Richard Liu Qiangdong has humble beginnings although today he is the founder and Chief Executive Officer of JD.com. In an interview during the World Economic Forum entitled “An Insight, An Idea with Richard Liu”, he opens up about growing up and his path to entrepreneurial success. Richard Liu’s parents ran the transport business but it was not very successful so they were poor. When he was studying in Beijing he started a restaurant business which unfortunately did not do well. After graduating with a degree in sociology he could not like other graduates travel abroad for further studies due to lack of money.

 

His grandmother who had brought him up was ill and needed medicine which his parents could not afford to provide. Richard Liu needed to make money in order to help her. University graduates in China at the time were going for civil service jobs but he did not want to work for the government and so he decided to go into business for himself. He opened retail stores where people could buy computer accessories and the business was successful as he had 12 stores. See Related Link for additional information.

 

In 2002 Richard Liu Qiangdong was faced with a new problem when the SARS epidemic struck. SARS is an airborne disease and therefore one can get infected when talking to someone who has the illness. This was not good for offline retail business and since Richard Liu Qiangdong wanted to protect his workers he closed down the shops and held a meeting with managers to come with a way to keep the business afloat. It was during one of the meetings that one of the managers suggested online retail and JD.com was born.

 

JD.com or Jingdong has the best logistics network in China covering even the remote parts of China. The company only sells genuine products as Richard Liu emphasized that when they started out he wanted to change the Chinese online business which was flooded with counterfeits. The company also has made a commitment to deliver products on the day they are ordered on the day after depending on location.

 

About Richard Liu Qiangdong

Richard Liu is the CEO and the founder of JD.com. He was born in 1973 and is married with two children.

 

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

Papa John’s Savior: Steve Ritchie

D3
November 16, 2018

Name someone who doesn’t love pizza – hard to do right? It’s because pizza has been a classic, all-time favorite for any and every social gathering. It’s the food that you crave at late night, and would still want to eat in the morning. Now, there are a lot of pizza parlors who cook and provide pizza for the pizza loving public and one of the staple and classic pizza parlors is Papa John’s Pizza. They have been around for a good and recognizable number of years and we can’t deny that they whip up quality pizza.

With the competition rising up, a lot of pizza chains are rising and every business is trying their best to outshine each other with new innovations, flavors, gimmicks to attract the public to order pizza from there, and be a loyal customer to their pizza chain. Papa John’s being a classic pizza parlor that sticks to its traditional recipes and traditional cuisine – they are bound to get caught up with the times and lose a significant number of customers to new pizza parlors that offer new twists to their products. In the past few years, CEO Steve Ritchie has experienced and witnessed a grave decline in their sales – their loyalty from their customers were fading and the business is losing. Their store sales are distinguishably and significantly low in performance, and this was gravely affecting the company.

According to people.equilar.com, Steve Ritchie did not run out of hope though, he is optimistic and he is positive that he can still turn things around and make things better for the company. But he saw that he need not change his products, but change the outlook of the employees working for the company. The company has rebranded and has put more focus into training its employees – a solid foundation is the key to reviving the company. From this, and making sure that the employees are effective and efficient – customers started to come back and the performance of the sales were slowly starting to rise up. Til this day, Papa John’s along with Steve Ritchie are still working hardly to get the pizza parlor back on its feet. Check out Papa John’s on Facebook.

Steve Ritchie’s profile: https://insiderlouisville.com/tag/steve-ritchie/

Vinod Gupta Made $100 Into A Multi-Million Dollar Company

 

Vinod Gupta, an Indian-American entrepreneur is quite an example of someone who’s done more with less throughout his life. He had little resources to work with when he began his company, InfoUSA, but over the years Vinod put his innovation and strategic planning to work to build a company generating over $700 million in revenue. He was able to find new ways to market business-to-business information and compiling up-to-date database that adapted to new technology over the years, and he’s also been a part of philanthropy that he’s contributed over $50 million to.

 

Vinod Gupta came from a working family in a remote Indian village known as Rampur Maniharan, and though they had very little money, they were able to get him through high school and accepted to the Indian Institute of Technology. From there, he came across the opportunity to enroll in graduate school in the US and then took a job at a marketing research department of a mobile home manufacturing company.

 

Through a series of events here that had Vinod Gupta digging through yellow page phone books and needing to find information about potential company clients, Gupta was allowed to take that information and sell it to the company’s competitors. Using $100 to invest in mailers, Vinod Gupta began selling the information and that was the beginning of InfoUSA.

 

Vinod Gupta sold the yellow page information to other mobile home dealers first, but then he included automotive dealers and suppliers, HVAC companies, and other industrial clients. Eventually his company had a database of every US yellow page phone book and it became publicly-traded on the NYSE. Gupta sold InfoUSA for $680 million in 2010, but that was far from the only accomplishment he had. See Related Link for additional information.

 

He also helped start several business schools and polytechnic institutes back in India, and he contributed to US university scholarships. Gupta also has worked with the “Clinton Global Initiative”, and at one point he was a Consul General to Bermuda.

 

Related Article: https://economictimes.indiatimes.com/topic/Vinod-Gupta

Waiakea Water is Changing the World

D3
October 15, 2018

The water department was not profitable as it is in the modern times. In the past, most people preferred to use the water in the kitchen tap because it was safe for drinking. Several years later, things are getting different. People have to travel to various parts of the world, and most of the time, they are forced to carry clean drinking water. Many investors have embraced this opportunity, and they are earning so much from it. Packaging water is an activity that should be done in the safest locations so that the water doesn’t become contaminated. With so many brands of water being introduced into the market, it is hard to select a brand that will leave you satisfied. Waiakea Water is the brand that has captured the attention of all people.

Waiakea Water is made by a company that is found in Hawaii. The name comes from the Hawaiian language, and it means broad waters. The founder of the company thought that it was a very good idea to incorporate the Hawaiian culture into the brand so that he could promote the water and also make people associate it with its origin. This idea has not disappointed him. The water has customers from all parts of the world. The company has grown significantly, and it has received awards because of its unique features.

The water brand is a product considered to be different from all the competitors. Apart from being packaged in Hawaii, the brand has taken its packaging further. The filtration process it undergoes before it can be bottled makes it unique from all the others. The minerals people receive when they consume the water are not damaged when the water is being packaged. Waiakea Water has a special place in the hearts of the people who come from the needy communities in Africa. Every bottle purchased means that someone living in a dry area in Africa will have the opportunity to enjoy a liter of clean water. The donations from the company have been helpful to many people. The main aim of the water brand is to make clean water available to all people.

http://www.medicaldaily.com/alkaline-water-vs-plain-drinking-water-can-waiakea-bottled-water-lead-optimal-health-330396