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The Japan Business Insider Newsletter is the only English newsletter concentrating on success strategies and niche business opportunities in Japan. Stay informed and know where and how money is being spent and made in Japan. |
| The Japan Business Insider Newsletter Issue#118 |
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All You Need To Succeed in Japan ... For Free! |
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Thoughts From Above And BelowWhen You Fall Down Seven Times...
Stand up eight times. I came across this old Japanese proverb in a karate blog. It caught my attention because I can relate to it...and probably you can too. Nothing under the sun is perfect, but we do have a choice to either accept things for what they are and move forward or grumble about every petty and not-so-petty challenge or unfairness in our lives. The former will allow us to run to daylight; the latter will stir us into a stew of perpetual failure and unhappiness. The next time you reminisce about youthful heartbreak and despair, remember one point -- You survived! And nobody in this present moment (you should be living in) cares an amoeba second about what your misfortune may have been. In fact, if you incessantly tell people about the good old days or the bad old days, they will label you a sad relic incapable of being resurrected. They will naturally move away from you and move toward people and ideas cherishing life. Living in the present moment is exhilarating because it is within our grasp. It is a time zone that challenges us to take action to make this world - through our unique presence - a bigger and better place because we passed through. Times are tough, we hear over and over again. But the truth is that character is not built when everything is going hunky-dory. Sometimes Japanese stoicism makes me feel that their citizens are indifferent to and enamored from experiencing pain. It makes me feel that maybe they never ponder anything philosophical and do live more in the present moment than many of their westerner counterparts. In other words, maybe they are racially superior. But then there is the dark side of giggling indifference and vapid pursuit of material things here...the more than thirty thousand suicides in Japan each year. They scream of a society that is constipated with worry and stress unspoken and uncorrected. Stepping back from the rush of events threatening to swallow us up is essential for sanity. That's why professors with tenure get a sabbatical. In that time off they can explore new avenues which can help them better define who they are in the scheme of things and how they can best contribute to humankind. We all deserve and must demand time to reflect. Once we have done that, we can stand for the eighth time and never look back again. TAKE THE TEST AND BECOME YOUR BEST!
Japan Niche Opportunity of the WeekThe Stage This past week I went into JETRO office and looked around. The offices had moved to an ultra-modern area in the posh Roppongi Hills area of Tokyo. I was impressed with the staff and the wealth of information in their library available for free (including many powerful databases beyond my wallet's reach). If you come to Tokyo to set up shop or meet potential business partners, their free and low-cost services for room rentals, translation services and the like would be crazy to pass up for high-rolling entrepreneurs on a store clerk's salary. Going to such a place put me in a brainstorming mood, and I thought of many ideas which - except for one in this issue - will remain in the vault of my mind for the time being. The Opportunity
Office space struck me strongly. In these rollback and layoff times we live, many companies are struggling to make ends meet. Many have extra office space which remains dormant in this expensive country partly because Japanese are challenged to do the unconventional and partly due to the lack of services to make these spaces available on an interim basis. Tokyo -statistically speaking - has one of the lowest office vacancy rates in the world, but also one of the highest rental/lease rates as well. One room or storage area rental could mean a lot to companies struggling to make ends meet. Other parts of Japan have more vacant office space and the same challenge -- to fully utilize every square inch of office space for the profitability of the occupant company. So when I came across an article about a UK company called Desk Space Genie I immediately thought that their concept (with accurate localization tweaks) could easily find traction around Japan. The concept lets space-seeking ‘deskers’ search for a space by postal code or town, contacting the advertisers directly. The site lists vacancies in most major cities around the UK, covering 'all inclusive' desk packages with wifi and other utilities, or more basic 'pay for what you use' services. I have no doubt that the present thinning out of the Japanese workforce will - despite the conservative business nature of most workers and entrepreneurs - lead to a mobile office mentality in the near future. Unbelievably, Starbucks and similar coffee houses, the haunt of many mobile entrepreneurs worldwide, plug up the outlets and have no wifi services. I predict this will change shortly and abruptly and Desk Space Genie clones will flourish. Do You Want to Introduce Your Product or Service in Japan? Looking for partners? CLICK HERE. Empowering Japan ResourcesPlastic RecyclingJapan.recycle.net is a clearing house portal for the buying and selling of every conceivable type of scrap in Japan. ********** In FY2007, 573,000 tons of PET bottles were sold, according to a survey by the Council for PET Bottle Recycling. The ratio of PET bottle collection to sales volume was 49.4 percent at the municipality level. Yet the rate of the collection reached a record high of 69.2 percent, an increase of 2.9 percentage points, when including the 113,000 tons of PET bottles collected by companies.
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********** ******************** The Balancing ActYou hear it over and over: Japanese work too many hours and have a totally unbalanced life. Despite this reputation, some people and consultants are fighting back. Work Life Balance Company is a new consulting niche teaching companies and individuals how to have balance in their lives. Karoshi, that is death due to work overload has traditionally been swept under the rug by government and industry leaders. Finally people like Work Life Balance CEO, Yoshie Kumoro, are finding a more receptive ear from those officials and organizations that previously shrugged their collective shoulders when some 65-hour-per-week employee kicked the bucket. This kind of consultancy is a bellwether that the day of the entrepreneur is on the horizon in Japan. Lifestyle - once upon a time an unthought-of concept - is finally gaining traction. To read the full article, CLICK HERE ******************** Lights, Camera, Action
There are dozens of film festivals in Japan each year. For those of you into cinematography or having a niche business or idea appealing to the industry, I have discovered a page which gives the URLs to more than two dozen festivals in Japan. CLICK HERE for the listings. ******************** Bankruptcy in a Japanese Style
Bankruptcy is a costly experience that most struggling companies avoid through behind-the-scenes intervention by banks. An informative report on the dynamics of going bankrupt in Japan can be found by CLICKING HERE. Incidentally, it is near to impossible to find information about impending bankruptcies in Japan. The banks and the companies involved are tight-lipped, even to other Japanese. If one could offer a substantial finder's fee to individuals throughout Japan offering such insights, large lot buyers would pay a premium price to have that insider information. ********************** Crystal is Chic (Again)
Japanese women in their 20s and 30s are buying crystal accessories. Many of the women saying they are attracted to the mysteriousness and beauty of crystals as ornaments, events are being staged with high attendances and books on the subject are selling well. One of the most popular stores with these young women Cafe Saya in Kita Ward, Tokyo. One might say it's a resurgence of popularity because my wife and several of her friends when we married 28 years ago also were crazy about the power of crystals. Crystals don't age. **********************
This Week's ChallengeWho Packed Your Parachute~Author Unknown~
Charles Plumb was a US Navy jet pilot in Vietnam. After 75
combat missions, his plane was destroyed by a surface-to-air missile. Plumb
ejected and parachuted into enemy hands. He was captured and spent 6 years
in a communist Vietnamese prison. He survived the ordeal and now lectures on
lessons learned from that experience! © Richard Posner . All rights Reserved Worldwide. |