Richard Liu Qiangdong is the founder and Chief Executive Officer of JD.com, also referred to as Jingdong. JD.com is a leading technology aided online retail platform in China. Richard Liu founded JD.com in 2004, after the collapse of his brick and mortar stores, which dealt in electro-magneto products. Over the years, Richard Liu has propelled the e-commerce business to a market leader in the Chinese e-commerce arena.
But Richard Liu Qiangdong has not become a business magnate by chance. A closer look at his journey through the business world is a valuable insight to those aspiring to prosper in business in future. His business career journey is in itself a lesson to those who would probably think that success comes easy.
After graduating with a degree in sociology from the Renmin University of China, Richard Liu Qiangdong had the option to secure a well-paying job with a prestigious company. However, he was well aware that no job could be well paying than an own business. Realizing that he had no skills to start his dream business, he decided to take on freelance coding work. Through the coding work, Richard Liu developed advanced practical skills in computer programming, which served as an essential recipe in his future business endeavors.
Upon acquiring the necessary computer programming skills, Richard Liu Qiangdong decided to acquire some knowledge in business management. To actualize his plans, he enrolled in the China Europe International Business School, where he obtained an EMBA. The degree equipped him with the necessary knowledge in the management of a mega business empire.
Upon acquiring a master’s degree in business management, Richard Liu sourced the much-needed experience to guarantee success in his own business. To this effect, he secured employment with Japan Life, a company which primarily dealt in health products. During his short stint at the company, he held prestigious management positions as the director for business and computers.
With all the necessary ingredients to start on his own, Richard Liu Qiangdong set up his first business in 1998, which he named Jingdong. As explained earlier, the business collapsed, but the collapse led to a more innovative venture, thanks to Liu’s resilience. The downturn led to the foundation of JD.com, one of the leading Chinese e-commerce retailers. Click here
Employment opportunities are hard to come by, especially in developing countries around the world. The governments in these countries around the world have been trying to implement several strategies that would enhance employment opportunities around the country. However, there is one company that seems to be solving the employment problem in various parts of the world. OSI Industries has been recorded as one of the leading organizations when it comes to creating new job openings.
OSI Industries started its operations in the United States where the company has been selling processed food products such as chicken and beef products among others. The company started several branches across the country, which helped skilled individuals to access employment opportunities. The company also provided employment opportunities to those individuals who do not have proficient skills where they performed roles that don’t require many technicalities. Read more about OSI at Glassdoor
After recording significant growth, OSI Industries decided to move its operations to other parts of the world where it started manufacturing and processing food products. The branches started in different countries around the globe created job opportunities for individuals in those countries. The company has a strategically organized employment structure where the company employs those individuals located in that community. This means that the company has been providing employment opportunity in any geographical position where the company is located.
Recently, OSI Industries started a chicken production in Spain where the company created employment opportunities to more than two hundred employees. Initially, the plant had about one hundred employees. However, recent expansion has seen the entity double its workforce due to the increased number of production lines. The job opportunities provided in the new plant include executive jobs such as management roles and employees with the necessary skills to handle several activities in the production line.
OSI Industries has also been known to be very professional in treating its workers. The company has a policy that helps it to manage employees professionally. The reward program in the organization is very lenient and has been ensuring that workers get the benefits they cannot get in any other organization in the same industry. Committed employees are also promoted to line supervisors and managers in the same organization.
In the world of Fintech, there are a number of companies that are leveraging technology with financial services. But, there is perhaps no company innovating the world of Fintech quite like GreenSky Credit. For the past decade, this company has helped thousands of contracts gain business by connecting their future clients with quick funding solutions. It is a business model that has made this Fintech company one of the biggest players in its category.
So how exactly does GreenSky Credit work? Let’s say a handyman comes over to a future client’s house to give them an estimate for a kitchen renovation. The homeowner may bristle at the large price for the remodeling job. However, the handyman can provide a quick solution. The handyman pulls out his cellphone, with the GreenSky app, and encourages the homeowner to apply for a quick loan. GreenSky will quickly determine if the homeowner has a qualifying FICO score and an ability to pay back the loan. Within minutes, the homeowner may be approved for the home remodeling loan. The result? The handyman has quickly gain another big ticket sale.
This unique business model has allowed GreenSky to grow quickly over the past decade. According to a recent Forbes article, the company was able to raise $50 million dollars at an over $3 billion dollar valuation. The company’s founder and CEO, David Zalik, owns over half of the company and has recently joined the ever exclusive billionaire’s club.
The company is able to secure funding for the loans with the help of 14 deposit rich banking partners including SunTrust, FifthThird Bank and Regions Bank. According to the latest 2017 numbers, the company has taken in revenue of over $250 million dollars with a profit margin exceeding 25%.
GreenSky Credit is now trusted by over 17,000 contracting partners who use the app to secure home remodeling jobs. As the Fintech company continues to expand its operations, it will seek out new ways to innovate the world of funding.
A man of tremendous business savvy, Robert Ivy is an entrepreneur who’s undoubtedly worth his salt. Ivy’s reputation as a renowned businessman has earned him honorable prestige in his trade. Currently, Robert Ivy is the CEO of the American Institute for Architects, AIA, an organization upholding the importance of honoring niche-specific preferences. In fact, this trade-oriented concept spurred the popularity of professional organizations. Robert Ivy is especially keen on getting involved in professional associations. According to a study conducted by the American Society of Association Executives, there are 92,000 trade and professional associations in the U.S. See more articles of Rober Ivy at archinect.com
With that said, Robert Ivy is far from the only professional who’s recognized the benefits of these organizations. Offering opportunities abound, professional organizations encourage like-minded individuals to share their interests and foster novel ideas. Touted as a surefire way to advance careers, professional associations bode well for success. Whether you’re looking to hone your skills or reap the benefits of networking, Ivy suggests that becoming an association member offers numerous advantages. Learning values, cultivating expertise, and acquiring knowledge are benefits that Ivy often promotes. However, Ivy maintains that earning credibility is far and away the most advantageous aspect of professional organizations.
According to Robert Ivy, those who immerse themselves in their trade arouse awe and confidence in colleagues and prospective partners. Moreover, going the extra mile to become intimately involved in your profession demonstrates to others your steadfast devotion to your vocation. Taking pride in your line of work is an attribute that Ivy believes goes a long way, which is why he continually urges business people to take the leap and get active. What’s more, Ivy states that employers take kindly to professionals who serve as association members, in turn arming them with ample opportunities and chances for growth.
It’s so wonderful to see a for-profit company caring for their community and beyond. Stream Energy is one of those companies.
Way before Hurricane Harvey hit Houston last year, Stream Energy, a Dallas-based company, was among the first to contribute not only money, but financial assistance to its customers. Stream Energy itself is structured such that its employees develop their own business following and many of these employees go on to choose favorite causes to support. It turns out that this philanthropic spirit is intrinsic to Stream’s business model.
There are so many ways that the company has been helping people and communities. The company has had ties with the American Red Cross and Habitat for Humanity for many years, and is the engine for giving in many communities. The Stream Cares Foundation, for example, contributes funds to local communities and charities in order to help those who need it. Stream has been able to assist Hope, a Dallas-based charity helping alleviate homelessness in that area.
In 2016, Stream Energy joined the Salvation Army to help people after the Texas tornadoes. Many employees from the company assisted with funds, and Stream matched the money given. In another instance, ”Operation Once in a Lifetime” not only gave money, but also rides to veterans and their families to a luncheon at a popular Dallas restaurant. During the “American Girl Doll Experience”, another program for military personnel, ten little girls were able to choose their own doll, and lunch was included at the American Girl Café. The event was paid for solely by Stream Energy.
One Stream manager said that they are always looking for more ways to help people, in a way that connects with its employees. The Stream employees especially enjoy meeting the people they are helping. Texas, typically not a giving state, should take the example set by Stream – the kindness that the employees of Stream show to so many people is life-changing, for both the people in need and those who serve them.
Sahm Adrangi is the Chief Investor Officer for Kerrisdale Capital. CNBC published his article February 7th of this year which came out to be a negative report regarding Eastman Kodak. The report title Gone in a Flash, shows Kerrisdale Capital did focus on the company’s push to use cryptocurrencies and blockchain. In one statement it said that it was a PR stunt and a simple distraction that will go away once we see the earnings and investors are reminded of a very distressed financial situation. Sahm Adrangi reports says Kodak on the other hand, known as a imaging and commercial printing company, announced a partnership that allows them to move ahead with image licensing through the use a blockchain. This technology is expected to give them a stock rise of nearly 187 percent.
Sahm Adrangi, made it known in the report that they were skeptical of the concept stating that using cryptographics to imprint an image into a blockchain is far from intellectual property provenance. To be clear, the report claims that blockchain will reduce resources pertaining to copyright enforcement. Photographers will likely not be in line to receive payment in Kodak coins rather than actual money. He was also noted in the Kerrisdale Capital report that the company is far from having the luxury of hoping for success regarding blockchain projects. The document went on to report that the business is looking at a possible default and restructuring of debt in the coming months.
Sahm Adrangi has considered Kodak to be jumping into the blockchain hype and cryptocurrency as they have rather suspicious financial dealings from a few Kodak board members. The report that was written on January 8th 2018, specifically targeted this day because it was before Kodak made it known of its involvement regarding a Major Blockchain Initiative in Cryptocurrency. At this time, there were 5 board members restricted stock of 370,974. Kerrisdale Capital heard from a former SEC enforcement division lawyer who stated that if he was pondering on buying the company stock he be worried about an SEC investigation brewing that would ultimately decrease its value. He further stated that is a fair concern for Kodak or anyone in the process of considering joining the organization as an investor.