Category Archives: Japanese Start-up

William Saito Relies On His Vast Experience To Navigate Startup Turmoil

With the type of experience that William Saito has accrued, it is no wonder why he has been able to serve as an adviser to so many different companies and businesses. He got his start at a very young age and began his very own computer security company when he was only in junior high school.

His authentication technology would prove to be popular enough to be adopted by Microsoft and was incorporated into future Windows releases. William Saito has since worked with a number of different companies in an advisory capacity and offered key IT support to the National Diet committee in the wake of the Fukushima Daiichi nuclear disaster.

 

From there, he also developed a relationship with Prime Minister Shinzo Abe and advised him on cyber security related issues. The Ministry of Economy, Trade and Industry and the Ministry of Education, Culture, Sports, Science and Technology have also sought out his advice.

Saito has contributed to the technical task force that was established for the 2020 Summer Olympics as well. All of this experience has provided Saito with a unique and interesting perspective regarding startups in Japan. With the financial turmoil that takes place in Japan, it can be tough to get a startup off the ground.

 

Since Japan lacks a strong foundation for their startup culture, there are many who find themselves nervous about investing. The culture has yet to progress to a place where startups can be launched with relative ease. This is where visionary thinkers like William Saito come into play.

The time has come for Japan to create their own Google or their own Facebook. The fact that such a thing does not exist yet does not deter Saito. He is able to go back to his days as a teenager who was attempting to find his own way as a means of providing advice to those who wish to navigate modern day turmoil.

He believes that corporations are allowing their fear of failure to dictate their decision making processes and that is what causes the turmoil to worsen. Japan’s current climate does not help matters because of the rampant deflation that is taking place. In Saito’s estimation, there is a direct correlation between the amount of money that a company spends on socialization and their stock price.

Japanese companies often communicate best at the bar over beers. With a greater emphasis on open communication and a more open minded approach regarding investments in companies that have experienced past failures, he believes that startups can easily overcome any turmoil placed in front of them. With the amount of experience that Saito has collected over the years, it would be foolish to ignore the insights that he has to offer.