Livedoor CEO Takafumi Horie's "consultationweblog of work" continues to be really interesting (WARNING - Japanese Only). He has a huge following in Japan it seems and the questions he is getting to his blog are very, very interesting and his advice is truly candid. I think a lot of CEO's would be afraid of being so candid (could easily be taken for arrogance). But Horie is a self-made entrepreneur and that in itself gives a great more security than being the CEO of someone else's company. So I guess he doesn't feel that pressure to pull punches.
This week he has an email from a 25 year old female Freeter (Freeter is a term used in Japan to describe people who just does part time work. It is a mix of the words freelance and "arbeiter" the German for "worker". Freeters are a Japanese cultural phenomenon and deserve a damn good blog post all by itself, but I truly digress). Up until last month she was a "NEET" (another term meaning "not in employment, education or training). She has decided to get on with life and wants to start a business.
However, she doesn't have any money and wants to try and start her business idea at first as a one-man band type operation.Then hopefully when she makes some capital she will convert it into a full corporation. In order to work as an one-man band she asks Horie if he has any advice on how an unknown entrepreneur like herself can get work with larger firms?
Horie's answer? Just borrow some money and start as a corporation from the beginning. He has never met anyone who started a successful business as a one-man band and to do so is the "way of the chicken". Anyone who can't borrow money shouldn't be starting a business anyway because in his opinion borrowing money is the same as sales. Sales is everything in business, everything. He also explains that borrowing the money will put a lot of pressure on you and that can help you get the required "fighting spirit" to deliver.
I told you he is candid.
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