Richard Liu Qiangdong Shares he Secret Behind Success at JD.com

Richard Qiangdong Liu is a Chinese billionaire who came from a very humble background. While at home he helped his parents run a transport business before moving to Beijing to further his studies. Despite the challenges encountered when joining the university, Richard Liu managed to get enrolled in the University. He started a small food business that did not work out very well due to inadequate time. Richard Qiangdong Liu later started a computer selling business that grew leading to the establishment of 12 more stores in China. Richard Liu is a father of two. He encourages his children to work hard and realize themselves.

In 2003, SARs stroke which was an infectious respiratory disease. This situation forced Richard Liu to send his employees home. He gave them water among other products to use at home. Richard Liu together with one of the managers who is a billionaire remained at the company premises. SARS outbreak forced Richard Liu to close the 12 stores as the offline business was not working out. At the end of 2004, he launched JD.com website that worked out very well.

JD.com company started with phones and IT products as the finances were limited. Each Year Richard Liu working closely with his employees ensured to introduce a new product to the market. Currently, the company deals with more than one billion products which are nothing else but original. There are more than 160, 000 employees at JD.com who serves all the customers with high standard services. There is much competition from Walmart but having advanced technology to deliver the products fast JD.com is the largest and leading retail shop in China.

According to Richard Liu, the hottest goods at JD.com include consumer goods and fashion. More than 300 million customers prefer JD.com fashion products as they are of high- quality. Richard Liu is dedicated to ensuring that he establishes new branches in the US, Europe, Asia among other parts of the globe.

Richard Liu also uses his wealth to fund different charitable organizations as a way of giving back to the community. He is a role model of many entrepreneurs, and his parents are proud of him.

To know more click: here.

Boss Investments Wanted To Do Business With Margaritaville

Margaritaville’s Bahamian franchisee has refiled its lawsuit in Florida state courts. It is still working to block the $250m Pointe project. The US attorneys representing Boss Investments have released a statement that the company is still pursuing Margaritaville for breach of contract. The US federal judge dismissed the action and it has now been filed in a Palm Beach County courthouse.

Reason For Dismissal

Todd Levine and Adam Steinberg said the federal judge dismissed the action due to a legal technicality, but all legal options of Boss Investments were not exhausted. Todd and Adam said their client, Boss Investments was looking forward to the deal with Margaritaville, to bring the brand to The Bahamas. They entered into an exclusive agreement allowing Boss to use Jimmy Buffet and Margaritaville trademarks in The Bahamas.

Changing Course

Margaritaville has mentioned the exclusivity in dealings before. Not long after Boss had a successful opening of Paradise Island, Margaritaville reneged on the deal, and partnered with another company to launch a huge Margaritaville resort only miles away from the initial Boss Investments location. The action by Margaritaville, is clearly a breach of contract and Boss is within its contractual rights for filing the lawsuit in Florida state court.

Already In Violation

The US federal court did not rule on the case, and threw it out based on the lack of jurisdiction to hear the case. Now the case will be heard under Florida state law. There are two of the Margaritaville entities listed as defendants. They have offices in Palm Beach County. It is alleged that Margaritaville is already in violation of its own exclusive right to use trademarks and intellectual property in the Bahamian area. This is according to the company’s deal with China Construction America’s downtown Nassau resort next to British Colonial Hilton. According to Boss Investments, Margaritaville discouraged it from starting an additional restaurant by Nassau’s port to safeguard the plans for The Pointe.

Gareth Henry And Private Equity

Gareth Henry is pretty knowledgeable when it comes to things like real estate, buying out companies, equity, and many other things like that. He recently wrote up a blog post all about private equity. This article is going to give you a look into private equity and what Gareth Henry thinks about it.

Private equity can be a very confusing thing. Private equity is made up of something that is not listed to the public. Private equity is made up of money that is invested directly into private companies. A lot of times private equity comes from public companies being bought out and then being taken off of listings. This usually gets the attention of the public because it hits headline news quickly. Most private equity companies try to invest in private companies, but sometimes they will take the jump and try to get public companies. Any money that is made from the private equity can be used to fund new things for the new companies that will be taking over. Gareth Henry says that private equity has really jumped up into the spotlight.

Private equity is not for everybody. Private equity commitments can take a very long time. If you are thinking of doing some kind of private equity deal you cannot think in terms of days, you have to think it terms of months or longer. Processing a private equity deal can be very difficult. Private equity investors a lot of times come from institutional investors. They are used to dealing with these kinds of things. Gareth Henry on Quantitative Investing.

Gareth Henry has worked around things such as real estate, equity, and many other things like these for a very long time. He has a lot of experience in world. If you want to learn anything about equity and private equity Gareth is a good place to start. Gareth is a very successful individual who has a lot of experience in what he does. He can help you learn anything you want to learn about these topics.

Learn More: angel.co/gareth-j-henry

Get to Learn About Flavio Maluf

Flavio Maluf originated from Brazil where he was born and brought up. He is the son of the famous and highly honored Paulo Maluf. He hails from a political dynasty as his father used to be an excellent Brazilian political figure. Flavio life was shaped by his father together with his uncle. The two offered him chances to join the world of business immediately after he completed his education. He started his early career after he completed his studies at New York University where he studied business administration. He also joined Fundacao Armando AlvaresPenteado and attained a bachelor’s degree in mechanical engineering.

After his education, he worked with Citicorp and Grandfood Group and gained incredible experience. He has great interest and desire to lead his family business in new directions that was noticed in 1997 when he assumed to take control over the business. Eucatex experienced tremendous growth and development after he took over the leadership role. The company grew and expanded their services to approximately 35 countries via subsidiary office building. The supplies buildings were utilized in the Olympic games when Brazil hosted the games. This happened under Flavio Maluf leadership.

Read this article about Maluf at dino.com

Flavio Maluf has consistently contributed to the growth of the entire society via various activities. Besides his incredible business skills, he is also a great philanthropist. He has actively participated in philanthropic activities mostly for under-financed health organizations. Among the great example was his donation contribution to the Idio Carli Hospital and Maternity for an X-ray machine. He is also an author who writs blogs and articles on subjects that helps business enthusiasts, managers as well as entrepreneurs. He has gained vast experience from operating the company that allows him to offer people with crucial and valuable advice regarding joining the world of business.

For example, he talks of the major issues that relate to time and capital for the mere fact that these are among the significant questions among many entrepreneurs. Flavio gives the form of advice that comes from experience when addressing investment issues which mainly occurs in the two styles. For instance, most of the business models hardly require entire funding in the initial stages and hence, limited of huge access to capital is not a significant issue in an emerging business. He also advises entrepreneurs on the importance of evaluation of revenue producing activities beyond the initial capital investment. This helps to break a significant assumption that hinders many businesses from attaining their full potential.

Source: https://pt.wikipedia.org/wiki/Fl%C3%A1vio_Maluf

 

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