The e-commerce industry has been evolving at a pace faster than any other industries in the business world today, and the accumulative business of this industry is amongst the largest as well. There are many companies across the globe that is contributing to this evolution in the retail sector, and JD.com has been making generous contributions as well in the past decade or so. Richard Liu Qiangdong is the name behind the success that JD.com has achieved and is the founder of this firm as well. He presently serves as the chairman of the board and its CEO and guides the way to develop modern business strategies that would outsmart the competition and ensure consistent growth for the company.
Richard Liu Qiangdong is known for his aggressive attitude and likes to kill the competition rather than facing it. One bold move that signifies this mindset of Richard Liu Qiangdong is that he wasn’t afraid to spend millions in making JD.com a direct selling company, a move that included setting up large warehouses in different parts of the country. It also meant large scale recruiting of the employees to take care of these facilities and work there while also sourcing tons of high quality products from the manufacturers themselves.
Even though the scale of this moves was huge, Richard Liu Qiangdong wasn’t afraid to take it seeing the long-term benefits of implementing it. It is also the main reason why he is using technology to ensure that everything is working smoothly and the dependency on humans is to a minimum. He wants to automate all of the warehouses so that the employees have better control over the efficiency.It will also reduce the error and allow the customers to receive their product at the best price. Richard Liu is always on the lookout for the best technology that would be helpful in his retail company.
Many individuals across the world are familiar with Africa’s richest man, Aliko Dangote. Nonetheless, Isabel dos Santos, an Angolan business professional, is Africa’s wealthiest woman. She is also the eldest child of Jose Eduardo dos Santos. The man ruled as president between 1979 and 2017. In 2013, Forbes Magazine concluded a research report that declared Isabel the first billionaire woman of Africa. Five years later, she has continued to amass wealth in various industries. However, being a woman working in a male-dominated world of business isn’t always easy. Like she reiterates, especially for women of Africa, it can be challenging to land rewarding opportunities in business.
In an interview with the international news department, she points that becoming a successful women in a world that’s populated mainly by men requires an individual to commit time, monetary resources, and effort. She is persistent in pursuing her dreams. According to Isabel dos Santos, there are few female professionals, making it a society vastly dominated by men. Discrimination still exists. On different occasions in corporate meetings, Isabel dos Santos admits that parties she has dealt with in the past admittedly sought the assistance of male lawyers and advisers to assess their opinion, even though she is the main shareholder of the given company. Still, being a woman, your opinions are often second-guessed. Most people go to the extent of asking what business her husband does.
Such individuals assume that being a woman, she is less capable of negotiating at a business table. The most challenging thing for women is raising capital as well as investment for a business. Financial systems are more confident in male expert-led projects. Apart from that, being the only black woman in the room is becoming a challenge. People tend to treat her differently. Isabel dos says that Africa has unfavorably been marketed in the international landscape. In the past 14 years, Isabel dos Santos has managed to hold her several positions in various companies. She moved back to Luanda in 1990 to pursue business with the assistance of her father. She first worked as the project manager in charge of Urbana 2000.
When Randal Nardone joined forces with Wes Edens and Rob Kauffman to establish Fortress in 1998, he knew that it would be a successful business. What he didn’t know is how successful it would turn out to be. Two decades later, he has seen what hard work and commitment can do as Fortress not only became successful but went ahead to become a multi billion company, and a leader in alternative investments. All this success, however, was not handed to Randal Nardone and his partners on the proverbial silver spoon. Instead, it is as a result of hard work and the extensive experience that the founders led by Randal had in finance. For instance, before teaming up with the other three leaders, Randal was a managing director at the renowned Union Bank Of Switzerland.
Prior to that, Randal worked at Blackrock Financial Inc. Other than finance, Randal Nardone also boasts experience in law. In fact, before joining the finance world, Randal was a certified lawyer with a JD from Boston University and worked as a partner at Thacher Proffitt & Wood. Midway in his career as a litigator, he realized that he was better suited for the world of finance and immediately began working out a way to connect the two professions. Even though back then, such a transition did not make sense to many, his impressive success today is sufficient proof that it is possible for one to excel without following the standard norms set by society.
Today, Randal Nardone is not only a financial guru but also a self-made billionaire who ranks #557 on the Forbes list. Randal has always been an optimistic leader and believes that every decision made at Fortress is for the betterment of the company. For instance, Randal Nardone remained quite optimistic about Fortress’s acquisition by Softbank and Randal Nardone said that the move would help the company achieve its goals more efficiently. However, it is vital to note that he is a man of many responsibilities. Other than Fortress Investment, Randal Nardone also holds a series of other leadership positions in the same realm. For instance, he plays integral roles in firms such as Newcastle, Eurocastle, Springleaf, and IMPAC Holdings.
Wes Edens is the co-owner of the Milwaukee Bucks and a successful businessman who has done a lot for the United States. When he was younger, he was a competitive skier and he also continues to be a rock climber for fun. In general, Edens likes to do things that make him uncomfortable. He finds that it helps him to feel centered and focused and recently climbed Cathedral traverse, which is a well-known climb in Jackson Hole. Edens admitted during his recent interview that it can take him a day or two to feel relaxed when he is on a getaway from work.
Wes Edens studied at Oregon State University but spent his first year in college in Montana at Montana State University. He loves the state of Montana but eventually decided to move to Oregon because he was ready for new things. His experience at Oregon State was a good one, and he feels that it was able to help him kickstart his professional career. He later moved to New York, which was an interesting move for a man who raised on a ranch in Montana. He found that he loved New York for its diversity, and he has been able to find a lot of success there. Wes Edens was named an underdog investor in The Wall Street Journal at one time, but he believes that underdogs are people who are just misunderstood.
His investment philosophy has him investing in ventures or brands where he sees potential that others don’t. He believes that these kinds of investments can be very fruitful and has been right, time-and-time-again. He took this approach when investing in the Milwaukee Bucks and has been able to take the team from where it was near the bottom to the top of success. Wes Edens has worked with many different companies and ventures over the years. He is known for his expertise ability to pick out a winner and is the man responsible for Brightline, which is a passenger-rail in Florida. He is also one of the co-founders of Fortress Investment Group and has made billions of dollars with the investment firm.