Richard Liu Qiangdong Builds JD.com From Failed Physical Stores

 

When companies fail, their founders usually abandon the business. Under most circumstances, businesses fail due to poor leadership, poor work ethic, or changes to the community. There are rare instances when health hazards cause a company to fail. In those instances, companies tend to remain close.

In 2003, China experienced a nationwide SARS outbreak. SARS immediately made it dangerous for people to have face-to-face contact. This meant that brick-and-mortar establishments faced a gloomy outlook, regardless of what business they were in. Many closed their doors and never reopened, but a few found new ways to reach customers.

Richard Liu Qiangdong is one of China’s most successful entrepreneurs, and his solution to the SARS crisis gave birth to China’s second most successful online company. Liu Qiangdong first real job was as a freelance coder, something he started doing after learning computer programming.

His freelance work was just a way to make extra money while attending the China Europe International Business School. At that time, his grandmother fell ill, and he needed money for her treatment. He also used that money to open a small restaurant, officially breaking into the entrepreneurial game. See Related Link for more information.

The restaurant venture ended badly, as the business went belly up due to his lack of commitment. Restaurants require constant attention from owners and managers, but Liu Qiangdong only dedicated two hours a week to the business. After that failure, Liu Qiangdong decided to wait before trying to open another company.

In 1998, he got another opportunity to branch out on his own after acquiring a four-square-meter store. He opened a little shop that sold magneto-optical products. For a name, he combined the last characters of his and his then-girlfriend’s names. Jingdong became a massive success in Beijing. Five years later, there were 12 Jingdong stores nationwide.

Unfortunately, 2003 was the same year of the SARS outbreak. With brick-and-mortar stores no longer safe, Liu Qiangdong moved his company online. Jingdong became JD.com, and Liu Qiangdong found greater success.

 

Visit him on https://www.forbes.com/profile/liu-qiangdong/#711217232c0d

 

One Step Closer to Reclaiming What Papa John’s Lost

Everybody makes mistakes but the most important thing is to apologize and that is what Papa John’s CEO. the company has been facing difficult times but the choice to apologize directly was a wise one. Not only did it speak directly to every customer but it also showed sincerity, remorse and willingness to take responsibility for all offense caused.

In the letter, the intuitive CEO tells his customers that he realizes that they were hurt and he too was pained by the fact that they were offended. He goes to say that racism will not be tolerated at the company. Steve Ritchie goes on to point out that Papa Johns (ir.papajohns.com) is not just one person but the 120,000 who live within the community and all over the world that works at various levels of the company. He then listed the number of actions the company was going to talk to ensure that something similar would not happen again.

Steve Ritchie Papa John’s promised that the company was going to set new goals on inclusion and diversity and that senior management will travel to the various stores to listen to customer and staff views. He asked the customer to hold the company accountable as they go throughout the process. He went on to say that he was personally going to be leading the actualization of the plan.

This letter has all the characteristics of a good apology. When apologizing it important for one to take responsibility for their actions and this letter does just that. He also went on to promise that the offense would not be repeated and such behavior will not be tolerated at Papa Johns.

When apologizing one should also take time to show what they are going to change and the CEO gives a list of things the company would be doing to be better and get back the trust they have lost. He showed emotional maturity by not only giving a direct apology but by making himself accountable. This apology shows that Steve Ritchie is sincere in his desire for the company to regain what it has lost.

More info: https://www.bloomberg.com/profiles/people/17045820-steve-m-ritchie

The Life And Times Of Alastair Borthwick

Alastair Borthwick (1913- 2003) was a Scottish journalist, author, and broadcaster. He was born in Rutherglen and spent the earliest part of his life in Troon and Glasgow. As a teenager, he attended Glasgow High School but dropped out at age 16 to work for the Glasgow Herald. At the Herald, Alastair rapidly rose to become the editor of the ‘Open Air’ feature pages. It was this experience which introduced him to hillwalking and climbing. He later wrote articles about people from Clydebank and Glasgow who went hill climbing on the weekends.

In 1935, Alastair Borthwick left Glasgow for a job with the Daily Mirror in London. However, he did not favor the London scene and soon abandoned the job in 1936 to move back to Glasgow as a BBC correspondent

In 1939, Alistair published his first book “Always a little further’ which was a collection of articles he had written during his time at the Glasgow Herald. The book has remained in print since its publication.

When the second world war began, Alastair Borthwick was commissioned into the 5th Battalion where he served as an intelligence officer. He was highly involved during the war and witnessed combat in North Africa and Europe.

At the end of second world war, Alastair wrote and published the history of his battalion as “Sans Peur, The History of the 5th (Caithness and Sutherland) Battalion, the Seaforth Highlanders”. This book was very popular and was reprinted in 1994 under a new title “Battalion: a British infantry unit’s actions from El Alamein to the Elbe, 1942-1945”.

At the end of the war, the writer and his wife, Anne moved from Glasgow to Jura where he still worked as a broadcaster for the BBC. He left Glasgow in 1952 for Islay but soon returned for the Festival of Britain.

In the 1960s, he embraced television programming and produced up to 150 half-hour programmes for Grampian TV.

The 1970s saw Alistair and his wife moving to a farm in Ayrshire. Alastair spent many years on this farm until he moved to a nursing home in Beith where he spent his last years.

Alastair Borthwick on Facebook: https://www.facebook.com/public/Alastair-Borthwick

Louis Chenevert Passion towards Investment

Louis Chenevert had a great passion for investing in Technologies. This was the ultimate drive towards the future advancement and growth of the United Technologies Corporation (UTC). As the president of UTC, Louis Chenevert vision was is the driving force in backing up the United States economy as well as helping in the production of United States manufacturing jobs that that remains in this country. Currently, Pratt & Whitney runs various manufacturing plants in various regions such as Georgia, Connecticut, Maine, Florida, Michigan as well as New York City. These plants develop supply chains that don’t touch each state all over the country. These plants have invested over one billion USD to meet all the requirements of all the current clients and the future customer too.

There came a time when Louis Chenevert decided to interlink the two companies, i.e., UTC and Pratt & Whitney. He was not only focused on the benefits of the company, but he was also envisioned at a future time in which that connection would result in the employment of many talents of the upcoming generation. This is what is happening today. United Technologies Corporation is ought to provide some job opportunities for more than 25,000 new employees and establish at least 5,000 new posts that will finally be in support of the growth of the future innovative platforms.

We need to retrogress back to Louis Chenevert early life for a better understanding of him and how his career in conjunction with his lifetime success was instrumental in United Technologies Corporation. He was born in Quebec, Canada. He pursued a B.Sc. degree in production management at HEC Montreal. After his academic life, he then spent 14 years serving at General Motors after which he shifted to Pratt & Whitney. Six years later, after serving in this Canadian Corporation, he was nominated as the President of this company. He was so committed such that in the year 2009, he managed to the winner of the prestigious Honor Award that was awarded by the National Building Museum. In 2011, He was awarded an honorary doctorate by HEC Montreal. It was still in the same year that he was entitled as the “Person of the Year,” by Aviation Week & Space technology.
http://www.utc.com/News/News-Center/Pages/UTC-Chairman-Chief-Executive-Officer-Louis-Chenevertrecognized-with-the-Publi.aspx

Vinod Gupta – The Epitome Of EntrepreneurialIsm

 

About the Man – Vinod Gupta

Originally from India, Vinod Gupta had a humble beginning. Born to a life of bare necessities, Gupta focused on school and making a better life for himself and his family. After finishing high school, he went on to attend India’s Indian Institutes of Technology (IIT) where he studied agricultural engineering.

In 1967, Vinod Gupta came to America to continue his education and receive his Master’s Degree in Agricultural Engineering and Business for the University of Nebraska. He later returned to his homeland in 2006 as a scholar and entrepreneur, to deliver the commencement speech to the IIT Kharagpur graduating class.

 

Career Beginnings – Gupta’s Trek

Vinod Gupta began his career with Commodore Corporation as a Marketing Research Analyst. Tasked with gathering information from all over the country, Gupta saw a need for a better system. Along with a fellow employee, Gupta developed a database with all the mobile home dealers in the U.S. After compilation he gave an option to the company he worked for to buy it for a hefty $9,000 or allow him to keep it and sell it to competitors. Well Commodore’s reaction was an opportunity for Gupta. When Commodore declined, he used it to his advantage and founded and created his first business American Business Information (ABI). ABI was just the beginning for Gupta. Get Additional Information Here.

 

Gupta Here and Now

Fast forward to today Vinod Gupta is the thriving force behind Everest Group an investment firm. He has taken his experiences from CEO, entrepreneurial ism, and technology savvy; to create a mega firm that handles funding to enhance success for struggling information technology companies.

Besides Vinod’s entrepreneurial prowess he has a charitable spirit. He has donated and been the champion for individuals that need work after experiencing hardships or struggling with disabilities. He is truly devoted and believes that information technology coupled with artificial intelligence is the wave of the future.

Vinod Gupta has been a huge supporter of Women’s Education and started the Ram Rati Gupta Polytechnic for Women in Rampur Maniharan.

 

View source: https://medium.com/@vinodgupta1/vinod-guptas-my-american-dream-and-how-you-can-dream-too-e631beab057e

Gregory Aziz: The Value Of A Quality Product

 

There is a lot of negativity often associated with big businesses. They are thought to be completely heartless entities that are only interested in increasing their net worth and global power. This is never completely true of any business, but some businesses exude their desire to help the community more than others. National Steel Car, in contrast, has put a lot of effort into cultivating a giving spirit and an atmosphere of caring. National Steel Car is a place where every worker knows that the products they produce are top-notch and their customers will be happy with the materials they receive. Since the rolling stock business is already very competitive it is good to know that this company has taken the extra steps to ensure that there is excellent value in their products.

The company has CEO and owner Greg Aziz to thank for the extra mile of caring that they are known for. Since he took over the company in the 1990’s there has been a completely different atmosphere around the place. National Steel Car has a long proud heritage. The company started in 1912 when people of the community expressed a need for rolling stock. The company began to expand their customer base to other communities and eventually started servicing almost all of North America. When the 90’s came around, National Steel Car did not stand quite as proudly as it did in its early days. The time for innovation had been long gone. Not one was interested in their products the same.

Gregory Aziz wanted to relight their fire. He implemented better engineering and helped create new products that shipping companies needed for their goods. On top of that, he created something with amazing quality. The products coming out of their business were superb. They even began earning the company awards all over Canada. In fact, the TTX SECO award is typically reserved for businesses that produce products of only the highest quality. That quality award is also held for businesses that give their customers this quality as a good value. Greg Aziz pushed the company, but he was able to help them realize their passion all over again. He lit a fire in the company the only way that a true leader is able to do. National Steel Car is now one of the global powers in manufacturing thanks to his efforts. They will continue to astound and mesmerize the public for many years to come.

Refer to This Article to learn more.

 

Vinod Gupta: A Telemarketing Pioneer And Philanthropist

 

How did the internet become the place where companies have been able to find information on prospective customers and use that to tailor their marketing specifically to them? Vinod Gupta, an Indian-American entrepreneur laid the ground work for it by turning yellow page phone books into searchable databases. The company he ran for many years that had this information was InfoUSA which made several key marketing group acquisitions along the way to becoming a multi-million dollar company that had extensive business contact information spanning across multiple industries. But it was how Gupta started this company that was quite remarkable.

 

Vinod Gupta had come from poverty in India to being able to attend grad school in the US at the University of Nebraska. It was after this while working at Commodore Corporation that he got the idea of monetizing contact information in business lists because he had been asked to gather that information to build sales leads. He couldn’t find it in the existing company lists, so he bought yellow page phone books from every state to do it. Gupta was nearly fired because the yellow page books took up so much space, but after moving the operation to his home he was able to build a big list. See This Page for related information.

 

Gupta later had the opportunity to take the list and sell it to Commodore’s competitors, and with $100 that he invested in mailers he soon was selling his yellow page list to multiple customers. From there he soon was generating enough income to run his own information sales business and he began by naming it American Business Lists. But as it became more tech-based and grew, he had it changed several times until finally it was named InfoUSA. Gupta would sell the company in 2010.

 

Vinod Gupta has wanted others in third world countries to have the same opportunities he did to become a millionaire, so he’s started charity programs to provide education and housing in those countries. Even his own native village north of Delhi, India was able to have new schools and basic service infrastructure built thanks to Vinod Gupta’s contributions. Gupta also worked with the Clinton Global Initiative and the former president’s foundation, and he even was a top pick for Ambassador to Fiji though he declined that appointment.

 

More about Vinod on https://about.me/vinodgupta1

 

 

Greg Aziz And The History Of The National Steel Car

 

The city of Hamilton in Canada is the home to the National Steel Car, the biggest manufacturer of railroad freight cars, also known as rolling stock. The company has a long history that goes back to 1912 when some entrepreneur such as Sir Morison came together to create a factory that would benefit from the boom in the rail sector at the time. They had no vision this company would live on for over one century. What seemed like a short-term investment in a booming industry has turned out to one of the great companies in the world. The company was then known as Imperial Steel Car Inc.

National Steel Car has been around for over one hundred years, but it is still known for its operations in the rail sector, despite the company being one of the oldest in the world, it is now doing very well. It has the best quality rolling stocks that have demand even beyond North America. They are being exported to various parts of the world such as China. It is rare to see a company that is as old as this one which is still dominating in their respective industries. The rail industry still recognizes this firm as the best producer of rolling stock in the whole world.

The growth of the National Steel Car has been affected by a number of factors but at no point did it fail to be in business. Both the world wars did not affect it, and in fact, they were a source of business for the company as its products were in high demand at such times. The economic recessions that have taken place in the past one century have also not affected it. It is still doing very well. The company was founded on a strong foundation of service to the people, and that is the reason we have not seen it go down as it normally happens with other bossiness when they face challenges. Find Related Information Here.

The National Steel Car has also excelled due to the leadership of Gregory J Aziz, the current CEO. When it looked like it was going to collapse, he came rescued and transformed it. He renovated the system, and now it seems like any other business that was recently introduced. Gregory J Aziz’s brilliant management skills have supported the growth of the company. In just five years of his leadership, the company had moved to a higher level than many people would have thought.

Related: https://gregoryaziz1.wordpress.com/

Gregory James Aziz Knew National Steel Car Would Be Successful

Since Gregory James Aziz used to be a banker, he knew a lot about finances. He knew there were things that would help make him better and would change the way he did everything. Gregory Aziz felt good about helping people and wasn’t afraid to keep showing them they had someone who was good at banking.

Gregory James Aziz is a great businessman and feels good about all the business he does.

1When Gregory Aziz realized he wanted to do something different with his career, it gave him the chance to try and show people they had someone who knew what they were doing. It also made him realize he was doing everything in a way that allowed him to show more people how they could see success in the future. Gregory James Aziz feels good about giving back to the community and isn’t afraid to show them what they can get on their own.

Even when things were difficult for Greg Aziz, he knew National Steel Car would keep getting better. The company is successful because of how hard they worked, and Gregory Aziz knew that when he started the business. He felt good about giving National Steel Car more chances and wanted to do things that would allow people to see positive influences on their own.

With his help, National Steel Car would keep getting better and people would keep using it to continue no matter what issues they faced before. National Steel Car is now better than it ever was, and people are getting more from the company than they did in the beginning of it.

As long as National Steel Car knows what people need, he isn’t afraid to keep giving them the options they can use on their own. With his help, National Steel Car will do things that will keep getting better. National Steel Car stands a chance at growth and will continue making sure they serve their customers. Gregory James Aziz doesn’t plan for the company to ever lose the success they currently have. In fact, he knows it won’t ever go back to being the same as it was when he purchased it. Go Here to learn more.

 

 

How Hussain Sajwani Has Managed To Emerge A Success In The Real Estate Industry

Hussain Sajwani is a successful businessman, he is also a philanthropist and enjoys giving back to the community. Hussain Sajwani is the founder of the DAMAC properties, a house developer company based in Dubai.

DAMAC properties have become a household name and currently offers its services in various parts of the world, they include; London, Dubai, Beirut to mention a few. DAMAC is responsible for the construction of some of the most luxurious hotels and homes in Dubai.

Some of the factors that have contributed to Hussain’s success include;

Providing quality, Hussain understands that for your product or service to be accepted in the market. Producing quality products is essential. This is why Hussain has chosen to work with some of the best in the real estate industry, Hussain has worked with Tiger Woods in the designing of one of the hotels. He has also worked closely with the Donald Trump’s Organization, working with some of the most qualified designers have put DAMAC on a global level, and this has helped to increase the returns.

Another factor is good leadership skills, Hussain has portrayed his exceptional leadership skills, due to the success of his projects, Hussain’s first business was in the catering world, the business is still functional to date, and this is attributed to Hussain’s management skills. The catering company now supplies food in the Middle East as well as parts of Africa.

Positive attitude, every business has hardships, but how one deals with the tough times is what creates the difference. Hussain Sajwani has ensured he is positive in his work. Despite the real estate downfall in 2008, Hussain still emerged again and has experienced success.

Erem News mentioned that Hussain Sajwani is a real inspiration, for new entrepreneurs. Hussain has managed to inspire people to take risks. Hussain quit his first job to join business. Despite the challenges, he would face in the business world. Hussain was ready to take the bold step, and it has turned out to be one of the best decisions in his life.

Even after achieving great success, Hussain has not forgotten the less fortunate, he is a philanthropist and has worked with several organizations that aim at making a difference in the society. View Hussain Sajwani’s career history.

Meet DAMAC’s board here: https://www.damacproperties.com/ar/investor-relations/corporate-governance/meet-our-board