Richard Liu Qiangdong journey in the world of business has been a journey of defying odds and more importantly a journey of better decisions. Since he was a small boy, Liu has always interacted with business. In a recent interview, he pointed out that his early exposure to business molded him to what he is now; he is a global business icon. The following is a list of factors that have made his transition a reality, from a sociology graduate to one of the most successful business personalities in the world.
First, he is one of the few professionals that are adaptive to economic changes. Since Liu graduated, Richard has always understood that having a liberal approach to changes especially in business is one of the best ways to remain profitable even in the highly unstable business environment. Richard Liu has worked in different niches and one of the reasons that he is still in business even after hash economic times. According to him, 2004 was his most important year as a businessperson because he had to change his approach to business.
Second, Richard Liu Qiangdong understands that business ethics are important for any business. Over the years, Richard Liu Qiangdong has been one of the few professionals in the world of e-commerce to advocate for quality goods in this niche. Unlike typical businesses, it is easier to sell inferior goods without a direct effect on business. However, Liu believes that clients deserve more than just goods and offering good products is irreplaceable especially if the company wants to have a longer life in this business space. Pundits believe that this is the reason why JD.com is still the most efficient entity in Asia. Go Here to learn more.
Thirdly, Richard Liu understands the value of teamwork. According to him, teamwork and partnerships with other similar entities have given JD.com the ability to make huge strides in the world of business. This understanding has also made the company get funding from entities, for example, WeChat, this funding has given this Chinese giant a chance to expand their operations, and more importantly improve the consumer experience. In the recent past, JD.com has also partnered with different entities to work on different projects.