Isabel Dos Santos Describes The Difficulties Of Being A Female Entrepreneur In Africa

Isabel dos Santos is the oldest daughter of Jose Eduardo dos Santos, a longtime president of Angola. She is a businesswoman and philanthropist and the wealthiest woman in Africa. Among her previous positions Isabel dos Santos was the chairperson of Sonangol which is a major oil producer in Angola.

Her philanthropic efforts focus on increasing the economic opportunities for women in Africa. Isabel dos Santos speaks at conferences and other events in order to encourage other successful African entrepreneurs to give back to the people in their home nations.

She says that finding success herself in a male-dominated society was very difficult. Both her sex and race were taken against her many times while advancing her career. She says that going through these hardships made her emphatic to what other women experience and encouraged her to become a philanthropist so she could support the next generation of female entrepreneurs in Africa.

Isabel dos Santos says that even when she was at the top of career her opinions on business matters were often second-guessed by the men who were present. She says that just because she is a woman they felt that she was not able to negotiate deals without their help. Isabel dos Santos is married to a successful man and so when she attends parties the people there assume she is a stay-at-home mom.

She says that despite the difficulties women in Africa can become professionally successful. It takes a lot of talent and endurance but it can and does happen. She says that she tells young women that they should consider what their skills and passions are as that is the best place to start.

Isabela dos Santos says that her father has always supported her. She was treated the same as her brothers were while growing up. She wasn’t ever told to do things in a certain way because she was a girl or told what career she should go into when she was older. She was encouraged to learn computer science and this helped her when she decided to pursue an engineering degree while at college.

More interesting facts about Dos Santos´ life at  http:// http://chronicleweek.com/2018/12/isabel-dos-santos-economic-empowerment/

Richard Liu Qiangdong Interview In Davos: Business History, Plans To Become Number One

 

JD.com is one of China’s largest ecommerce platforms owned by Richard Liu Quiangdong. He’s worth over ten billion dollars personally on paper, and his company is worth over 30 billion dollars as of today. In an interview in 2018 with Rubenstein titled “An Insight, An Idea”, Richard Liu told him that he started JD.com in 2004.

 

Back in the 2000’s, most students wanted to go into government, but he didn’t want to do that, so he set up his own business where he sold computer accessories. Liu created up to 12 stores at that time in 2004, but then the SARS epidemic hit, and he didn’t want his staff to talk face to face with customers, so he decided to close the shop.

 

One of the managers said they should sell online to lower the risk of SARS, and he (jokingly) is already a billionaire. They spent one year selling in person and selling online to compare the figures, and when online proved to be better then he just went with selling online full time. He had merely heard of DangDang at the time but had never heard of Amazon. Refer to This Article to learn more.

 

The thing that he did to make his company grow so rapidly was to make the decision not to sell counterfeit products online and would issue proper invoices and receipts. Richard Liu was selling mostly computer parts because they had limited amounts of cash. It was I.T. products, digital products, and mobile phones for sale at first. Richard Liu now has about 200,000 employees and is adding about 30,000 per year.

 

The biggest market value amongst his competitors is TenCent, then Baidu, and then JD.com. Richard Liu Qiangdong’s goal is to simply be number one on the market. When he had his first office in China, he had just four words written in Mandarin on the column and they read, “I Just want to be number one.” Richard Liu thinks that the value he creates for society should be the focus, and this takes time to develop.

 

More about Liu on https://www.forbes.com/profile/richard-liu/#77b17bbf2677

Richard Liu Qiangdong: A New Adventure For The Retail Giant

 

Few companies in China have reached the amazing level of success that JD.com has reached. In fact, JD.com is considered to be one of the largest retailers in the Chinese market. They are worth upwards of $50 billion and headed up by entrepreneur Richard Liu Qiangdong. Recently Richard Liu sat down with an interviewer from Weforum.org. They wanted to discuss how he achieved such tremendous success. One of the first things that many of you want to understand are the foundations of JD.com. According to the interview, JD.com was originally named Jingdong Mall. The purpose of this business was to provide customers with tech products. They were physically located and not yet online. Richard Liu tells us interviewer that they had no more than a dozen stores at a time. Refer to This Article for more information.

 

The stores were very prosperous but in 2003 there was a threat to their financial security. The SARS virus was running rampant through the Chinese population and a lot of people were hesitant to go out and buy products. Alternatively, Liu Quiangdong did not want to subject his employees to the virus. He decided to move the operation to an online business. 2004 was the launch of JD.com. Originally, JD.com continue to sell the items that Jingdong Mall did. Richard Liu tells his interviewer that he decided very quickly into the process that he wanted to offer more items. This was something that he had to do very slowly. Liu was very discerning about the materials that were offered to the online community and he wanted the time to make good decisions. It took over six years to make the transition but now JD.com offers a wide variety of items.

 

One of the most exciting things to him is the future prospects of JD.com. Richard Liu Quiangdong is excited about the international business. He believes that JD.com has a lot to offer to the global community. Their discerning taste when it comes to top materials will breathe new life into the online retail market. One of his biggest competitors is said to be Amazon.com. Richard Liu has voiced that he will be interested to see where the road takes him.

 

More on https://www.wealthx.com/dossier/qiangdong-liu/