According to The Free Dictionary (2015), observant is paying close attention to detail, watchful or heedful. To become as a successful entrepreneur, we must have this trait. Observant people used to solve problem with their obtained skills. Observant people might be more likely to be considerate of other effects as a result. They can make a best decision and they can make a good choice for their company. Observant people notice body language, posture, eye contact, facial expressions, and changes in breathing. It’s a common belief that when we lie, we don’t make eye contact with the person we’re lying to. You can’t hide anything from an observant person. Since observant people always take in their surroundings, they’re excellent at spotting landmarks or points of orientation, especially in large or crowded environments. They take chance from this advantage to create new thing that people need.
Amancio Ortega acquires the characteristics of an observant. Amancio Ortega Gaona is a Spanish fashion Businessman and Inditex Fashion Group’s chairman which is known as Zara. Zara is a clothing and accessories retail shops. According to Forbes (2015), Amancio Ortega’s net worth is estimated at $66.4 billion. The net worth of Amancio Ortega is a inspiring rags story, Amancio was born in poverty to a railroad employer and a housemaid. Amancio Ortega net worth came from his business portfolio are gas, fashion, tourism, banks and on his real estate holdings around the globe. He worked as a delivery boy in a textile firm. He worked hard and learnt the basics of business overtime. Finally, he and his wife succeed in their business which is co-founded ZARA, his first step to Amancio Ortega net worth.
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| Amancio Ortega |
However, money never shifted his focus and he continued to work hard. He is a workaholic and likes to do his work himself and doesn't take vacations. Despite being owner of one of biggest fashion brand he likes to dress casually and it does not give it too much attention. He divorced and has two children from that marriage but his daughter from his second wife is considered to be his successor. He was decorated with "Grand Cross of the Order of Civil Merit" in 2009 and in 2001. He announced his retirement from position of chairperson of Inditex group. Amancio Ortega net worth allowed him to own a luxury apartment complex in Miami and has real estate holdings in Madrid, Paris, London and Lisbon. He has a horse-jumping circuit and also has made investments in gas, tourism and banks as he observe and assume that these fields can be developed better in the future.
From nothing, he becomes as a top richest man in the world. It is impossible to be if he not an observant people. He is very humble beginnings Ortega grew up in a row house in La Corunna, in northern Spain, his first job was in retail, at Gala, where current owner José Martinez was his friend (Walt, 8 Jan 2013). He always examines with care things that his is going to do to his business. Based on the Demand Ware (2015), fashion group has its own brands such as Massimo Dutti, Uterqüe, Pull and Bear, Stradivarius and Bershka. Every decision that he make, it include everything. Even though people criticed him never believe others but he ignore them. European financial institutions will be compulsory to submit information to the European Commission disclosing revenue, taxes paid, profitability and the number of employees in each country where they operates.
For example, when disparities between where companies generate sales happened and where they reported their profits have drawn the attention of tax regulators. Because of that, European financial institutions will be required to submit information to the European Commission disclosing revenue, taxes paid, profitability and the number of employees in each country where they operates. This case make him decided to make decision by himself in his fashion retailers with using profit- shifting techniques since the early 1990s, following on the heels of pharmaceutical, chemical and technology companies.
According to The New York Times Magazine (Nov 9, 2012), Zara has made its name offering clothing at low prices, based on high end brands to make more profit. Amancio Ortega very alert in every situation, he also always look the new designs for his costume. He also always alert with the latest fashion and the preferences of people in order to fulfil their needs and demands. Thus, the sale of Zara clothing always achieved the highest level sales of online market. Besides, he will also note about the depreciation of money and money flow. In addition, he realise that many new companies grow up and he proved that if the customers bought the item from online, the transportation fees will be free of charge.
As a conclusion, Amancio Ortega is very careful, observant and smart people in the process of establishing his own company. We learn that entrepreneur must be has future thinking and always alert to environmental issue.
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