Richard Liu Qiangdong: Hearing the Word of a Successful Businessman

It might be hard to imagine great achievements coming from complete despair. Learning from Richard Liu Qiangdong allows us to see wealth and success as a moving picture. Richard Liu began in the most unlikely places with a stream of failure. His work, revealed at the World Economic Forum, gives us insights into China’s competitive business mindset. What the CEO shares, with all its bright and dark moments, pieces together the wonder that became Richard built his company with two hands; it started as a losing venture strengthened by the force of failure. The changes, with public plagues and online technology, defined by China’s growth were key. They gave Richard the drive for a better place in the world.

Central Ideas From the Man Himself

The 2018 World Economic Forum’s annual meeting is the setting. Here, in Davos-Kloster, Switzerland, we sit in for a rare interview with Liu Qiangdong. This is where we unravel the life of a tech mogul. The meeting occurred to retell of the story of Today’s, also recognized as Jingdong in China, began in 2004. It grew from a prior business that went well for Richard Liu. The business then had to endure a devastating blow from a SARS epidemic. The reality of the plague, as seen from Chinese history, hit the physical stores Richard held. Many of his employees were no longer at work, some were getting sick and the risks of continuing were high. Such led Richard to the potentials of an online store. We look back today to see how bright the idea was.

The Success: Where it Got Started

Failed health products is where he started. A restaurant that got completely “destroyed” defined Richard’s initial business career. He earned a degree from Chinese Renmin University, but it didn’t take him far at first. Jingdong came from the lost of many ventures that taught Mr. Liu Qiangdong. He knew to set goals to avoid counterfeiting. He was on the internet. Richard sought to provide accuracy with invoices and real products online. A legacy then unfolded as now generates $60 billion yearly with 167,000 employees supporting it.

Way of the Future – Investment Banking

Investment banking provides the means for companies to raise funds in strategic ways to advance their business. If forward progress is what you are looking for through acquisitions and mergers, investment banking can find the creative solutions to make it happen. The broad swath that investment banking touches lends itself to any corporate or government that needs high-quality direction. If you have lofty expectations and goals, investment banking can provide the advice to ensure you are on a path to success.

Martin Lustgarten a prominent investment banker, located in the Miami area has true experience at thinking out of the box to enable his clients to be successful. Martin has dual citizenship in Venezuela and Austria. This enables to see clients in a different perspective when compared to single citizenship investment bankers. He is quite flexible and diverse with his clients and himself. Managing risk is a huge part of this trade. Martin understands this well, that risks need to be taken but also need to be considered with the long term goals and benefit of the initiative. If there is a will there is a way and Martin Lustgarten will find it.

On a personal not he enjoys history and collectibles. His favorite hobby is collecting vintage watches. Other items he enjoys is spending time in the Alps and skiing. Martin likes to work hard and play hard which keeps him grounded. Looking for Martin either in the office or on the slopes. Either way, he will put you on the path for the future.

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The Midas Legacy’s Health Expert Mark Edwards Reveals the Cure to Rejuvenate the Body

Mark Edwards, author of The Midas Legacy’s Nature Cures Column provides expertise about health, treatment, nutrition, exercise, and natural medicine. In his December 2016 article post, he shares with Midas members one easy technique to improve health by thorough research. If you’re losing sleep and experiencing anxiety, depression, anguish, and/or fatigue, the cure is sleep. He said research gave him understanding that it’s the only natural treatment to restore the body to its normal health. It’s the best possible health solution compared to over-the-counter medicines and pharmacy prescription drugs with a list of serious side effects.

According to Edwards, when you sleep all the cells inside are replace with new cells to rejuvenate vital organs. His advice to others is try it for seven days and observe the results each day to prove his point. He believes eight hours of sleep night or day helps to prevent and cure depression, fatigue, anxiety, and other related illnesses. Mark explains that while you are sleeping the new cells creation helps to burn fat, stay alert, and build muscles. Avoid the trap of becoming addicted to pharmaceutical drugs and receiving side effects for a quick fix of sleeping.

Consultant Firm, The Midas Legacy is a leading provider of research services to investors, business owners, and people seeking self-fulfillment. Become a Midas member and gain access to valuable resources, including retirement, natural health & remedies, finance, and real estate. Headquartered in Winter Garden, FL, the firm helps their members and clients achieve success by offering capital to members in finance, real estate, and entrepreneurship. Midas members are taught how to become successful by learning investment strategies for future retirement while living a healthy and active lifestyle filled with peace and joy.

The Midas Legacy’s experts and content contributors include Publisher Jim Samson, Chief Editor Sean Bower, and Natural Cures Columnist Mark Edwards. Samson brings 21 years of experience in the finance, real estate, trading, and entrepreneurship in three different columns. Bower contributes content in finance and the financial industry in the Wall Street Informer and Unlock your Secret columns. Edwards dedicates his life to educating and providing advice on natural health solutions to Midas members for treating various diseases and illnesses. Become a member of The Midas Legacy and receive a free bonus code guide, plus essential resources to help you retire while living a healthy life.

China Aims for 6.5 Percent Annual Growth in Next Five Years

The Premier of China, Li Kequiang, opened China’s Parliament March 5 by saying China planned to grow its economy at an annual rate of 6.5 percent over the next five years, but faced tough struggles. The government intended to create more jobs while restructing industries that were currently inefficient.

6.5 percent growth would be the Chinese economy’s slowest rate of growth in 25 years. However, China is facing a softening of world demand for its exports and tumultuous financial markets. The government also wishes to stop environmental destruction.

The 2016 goal of the Beijing government, according to the article, is to achieve growth between 6.5 and 7 percent. And it aims to increase the money supply by 13 percent while keeping inflation around 3 percent. In 2015 the actual rate of inflation was around half that figure.

In the inefficient sectors of the economy, so-called zombie firms are inefficient and underperforming. They account for a lot of the corporate debt still leftover from the 2009 stimulus money China spent. China will be layoff 5-6 million workers in the coal and steel industry sectors over the next two to three years. It will restructure the zombie firms through mergers, debt deals and bankruptcies. They wish to hold the rate of urban unemployment below 2016. With the layoffs, this means they plan to create 10 million jobs.

To reduce environmental problems, they plan to hold the consumption of energy to 5 billion tons of coal. They also intend to raise spending on their military by 7.6 percent, which is the lowest rate of increase in six years.

Economists expect China’s rate of growth to come in at around 6.5 percent in 2016, a figure most countries would welcome.

Li said the government planned to reform the bond and equity markets. This comes after a period when the Chinese stock market caused worldwide concern through its widespread losses. Its currency the yuan went down in value. The government intervened in these cases. The Parliament will no doubt consider what measures to take to control the stock market.

China’s government aims to maintain stability and reduce the chance that economic problems and unemployment lead to widespread political and social unrest. Chinese citizens are allowing the government to manage the economy with the assumption higher growth will continue to make the Chinese people more affluent.

Another economic issue inside the country is the disparity between property values. In big cities such as Shenzhen and Shanghai, values are spiking up. However, in smaller cities they are stagnant.

Small to medium sized businesses that need money and financial advice can look to Madison Street Capital of Chicago Illinois. They are an investment firm that offer a variety of investment and financial advisory services.

They can help businesses raise money through private placements or through debt offerings. They provide administrative services to hedge funds and private equity funds. They help with capital restructuring and merger and acquisition activity. They have offices in North America, Asia and Africa. They also provide valuation services to both publicly and privately held companies.

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