William Saito the Tech Guru Advice for Start-ups
Mr. William Saito is among the top most influential personalities in Japan. His most celebrated achievements include advising the cabinet office and the Prime Minister for the government of Japan. William Saito was the Vice Chairman for Palo Alto Networks Japan. The entrepreneur is also a tech guru and was named the entrepreneur of the year in 1998. He is also one of the foundation board members at the World Economic Forum and is responsible for advising several governments all around the world. William Saito is also a world-leading authoritarian in the world of cybersecurity.
In an interview with St. Gallen Symposium, he shares his thoughts in and around start-ups. The renowned start-up consultant acknowledges that the business world in the entire globe is facing a lot of financial disturbances. He also notes that this is not the first time for such an occurrence. In fact, he goes on to state that some of the significant companies in the world today started at a time of financial crisis. Mr. Saito further advices that anyone intending to establish a start-up would be wise to do so sooner than later.
On the most significant difficulty facing start-ups, Mr. Saito believes that the current state of financial turmoil has rendered availability of funds and funding to near impossible. This means that start-ups at the moment have to work a lot harder to acquire the necessary finances that would enable the smooth operation of these companies. The inventor of the world’s first biometric authentication system, however, believes that the current state of affairs concerning accessibility of funds will most certainly work in favor of these start-up companies. He strongly suggests that the expertise and effort alike required to pull through a financial crisis would help equip and prepare these start-ups for difficult future situations. The start-up companies that manage to come through the other end of the success tunnel are more experienced and qualified to tackle any business struggles that the world provides to established organizations.
William Saito states that the only disparity between the people of Asian origin and the European set up is the handling of risks. The Asian culture is more reserved with regards to risk-taking while the European culture is open for trials and failure. The University of California biomedical science graduate adds that the European culture understands that failure is not the end and take it as a stepping stone for better.