Richard Liu Qiangdong was once a struggling businessman who has no idea how he could survive because of multiple failed attempts on establishing his own business. Initially opening a restaurant business while still studying in college, he had to close down his food business because of low sales and the high cost of maintenance. Upon graduating from college, he started to fix all of the mistakes that he conducted in the past and focused on new ideas that attract a huge number of customers in the Chinese market. Because of the gradual rise of the internet, Richard Liu Qiangdong decided to create an online computer parts retail business which ended up successfully. It had to open new branches because of their increasing number of customers and supplied the computer parts needed in some of the largest Chinese cities.
The computer parts business established by Richard Liu Qiangdong became a huge hit, but he never realized that another problem is looming on the horizon. It was 2003, and the SARS outbreak began spreading across East Asia. China is one of the worst hit, and the government required all businesses to close down to avoid the spread of the virus. He had to close his computer parts business, but he had an idea of how the products can still be sold without using a physical location. Knowing a lot about programming, he decided to create his website and transferred the information about products inside the website and shown it around the world. This became the JD.com’s prototype, and for months, Richard Liu Qiangdong will be experiencing huge changes in his life.
The success of his online store prototype resulted in a decision to open up JD.com in 2004, making it live to everyone around the world. The company grew into a multi-billion dollar business, and it made Richard Liu Qiangdong one of the richest persons in China. Today, JD.com is improving their logistics services, and they had to partner with their entire logistics network to ensure that products will be delivered to almost all places under the jurisdiction of China, benefiting almost the entire population of the country which is more than 1.4 billion people.
Richard Liu Qiangdong’s : Twitter
For Ted Bauman, his career has always been about helping others and giving people the tools they need to gain financial stability. Today, Ted Bauman is a leading expert of the investment trade who, among other things, works for Banyan Hill Publishing as an editor with some of the firm’s top financial newsletters such as Smart Money and The Bauman Letter. Though Ted Bauman is a seasoned and respected financial industry professional today, he has had a long and interesting story that led up to his business success. Through his writing, Ted is consistently able to reach a wide base of investors that includes a significant number of average, everyday individuals.
An interesting aspect of the Ted Bauman story is the fact that he was born in Washington, D.C. but eventually became a traveller and moved to the African nation of South Africa during the early part of his adulthood. While he was there he attained his academic degrees in economics and history through the Cape Town University. After that, Ted had a substantial career working to help people from difficult backgrounds to gain financial assistance. These experiences abroad really were transformative for Ted and he has carried these lessons with him ever since that time.
Ted Bauman has been with Banyan Hill Publishing since 2013. Ted Bauman joined up with the financial publishing firm due to his desire to find new routes to continue to help others. Ted is particularly passionate about giving his readers the information that they need in order to be able to protect their assets and thrive. A big part of this is knowing how to navigate potential threats that come from places such as big business as well as the government itself. Educating his newsletter readers on how to avoid these pitfalls and secure their financial futures is what Ted is all about.
Wes Edens is an American business mogul, with interests in financial services, media, sports, healthcare, transportation, and infrastructure. He is among the founders of Fortress Investment Group, in 1998. He has also worked for Lehman brothers where he specialized in a lending mortgage. He has also worked for BlackRock Financial Management, Inc. among other American corporate giants.
His outstanding leadership skills have seen him succeed in every company he forms or joins. At Fortress, he has been instrumental in re-energizing the financial structure of the company, that enabled it to acquire other companies within two decades. Recently, Softbank Corporation, a Japanese corporate bought Fortress investment group.
Wes Edens studied a bachelor of science finance and business administration at Oregon State University and completed in 1984. That prepared him for a successful career in the finance and investment world. Wes Edens worked in the prestigious financial institution for over ten years and sharpened his management skills in running his own companies. He has been at Fortress investment group since 1998 where he has helped drive the mission of the private equity.
Recently, Wes Edens launched Brightline, one of the most innovative passenger train services company in America. Brightline train has changed the way people commute and transformed the economy. Its estimated that over 50 million people who travel each year, between southern California and Las Vegas stand to benefit. These include opening up economic opportunities for real estate and schools, as well as other environmental benefits to the region. Brightline project was financed through Fortress Investment group. Other Wes’s investments in sports arena included, Bucks Aston Villa, an English Championship side and restored their lost glory, and
Wes Adens is a seasoned philanthropist, where is involved in supporting programs aimed at creating an impact in the community. He has all along supported the nonprofit sector organizations focusing on healthcare and education. Among the groups he supports are Autism Speaks and National Multiple Sclerosis Society.