Richard Liu Qiangdong: Attention To Detail Is Important

 

Richard Liu Qiangdong recently gave an interview entitled “An Insight, An Idea with Richard Liu” on weforum.org. Richard Liu is the Chinese businessman responsible for JD.com. The online retailer has enjoyed massive success in China netting more than $57 billion. Richard Liu himself is worth a staggering $11 billion. His success has skyrocketed with the company. One of the biggest questions that Richard Liu is asked to answer at the start is where he got JD.com from. He explains that he got this from mashing together his girlfriend’s last name and his last name. It is called Jingdong Mall and has been operating since 2004. Richard Liu also explained that he’s been running businesses since 1998.

JD.com signified a turning point in the Chinese e-commerce market. A lot of businesses that were Internet-based at the time did not offer peace of mind when he came to their products. Many of the products were counterfeit or bad quality. Richard Liu did not want JD.com to become known for such lackluster customer service. His focus became oriented on the customer from the very beginning. He wanted to help set new rules for the online markets. Eventually, he began to expand his computer-based business to all sorts of products. JD.com now offers almost anything that a customer might need. Find Additional Information Here.

Throughout this juncture, one of the biggest things that Richard Liu has learned is that companies need to put in the time and effort necessary to grow a loyal customer base. This is a lesson that he learned very early on in his career while he was still a student. He opened a restaurant with his earnings. Unfortunately, the restaurant did not do well because Richard Liu did not have the time necessary to grow the business properly. He believes that this happened so that he could learn a valuable lesson about business. Quiangdong took that lesson forward with him and began working on JD.com with a better understanding of what it takes to develop relationships with customers. The chaos of the Internet-based business at the time required that he take a different step. He believes that this attitude will be instrumental in the future success of JD.com. He eventually hopes that it is considered one of the top retailers in the world because of this attention to detail.

 

More about Richard Liu on https://dentistry.uth.edu/directory/profile.htm?id=6826e3bd-18bb-4e2a-a87a-f3b9c93134d1

Who is Vinod Gupta in Entrepreneurship?

 

When you face challenges in life, you can work hard to overcome those challenges. Some people may be overwhelmed by such challenges, but Vinod Gupta has proved one can work hard and achieve great success in life.

 

Today he is known for his role in Everest Group where he serves as the chairperson and managing director of the successful company. However, starting such a successful company was not easy, and Vinod had to work hard for it. He had to work hard in education at the time when his family could not afford social amenities like water, electricity, cars, and television. He grew up in a remote village but later studied hard to achieve his dream to fly to the United States.

 

After completing his degree in India, he got a chance where he attended the University of Nebraska. He went to advance his education and also served as an assistant graduate. His entry to the university marked the beginning of his success. Today Vinod Gupta has become one of the top entrepreneurs in the United States. When he graduated from Nebraska, he landed a job where he was working as a market analyst at Commodore. His work was to assess the performance of other rival companies in the United States. It was a difficult job because it was not easy to acquire all the information. View This Page to learn more about Vinod Gupta.

 

He worked with his boss and soon he obtained a list that was helpful in his work. It was a challenging task that enabled Vinod Gupta to start a company that provided information on various firms and their performance in selling mobile homes. Vinod Gupta identified the needs of customers, and that is how he provided perfect solutions and offered the best services. He also considered other industries and included them in the database. Vinod Gupta is not only in business but also a successful philanthropist who has been contributing to charitable organizations.

 

Check more about Vinod Gupta at http://www.fivehundo.com/vinod-gupta/