Where You Locate Your Company Matters-Mark Zuckerberg

This is a very good read on Techcrunch regarding Facebook’s Mark Zuckerberg.

Zuck replied: If I were starting now I would do things very differently. I didn’t know anything. In Silicon Valley, you get this feeling that you have to be out here. But it’s not the only place to be. If I were starting now, I would have stayed in Boston. [Silicon Valley] is a little short-term focused and that bothers me.

He explained that he had a conversation once with Amazon founder and CEO Jeff Bezos about this, and the average time someone stays in job at Seattle is twice as long than it is in Silicon Valley. “There’s a culture out here where people don’t commit to doing things, I feel like a lot of companies built outside of Silicon Valley seem to be focused on a longer-term,” he explains. “You don’t have to move out here to do this.”

Quoted from here.  With our team in the United States, Japan, and Korea we do notice a difference in not only national cultures but also areas or district cultures.  For example the business culture in Washington’s Bellevue varies from the business culture of Seattle or Tacoma.  In Japan, the culture of Osaka varies to Tokyo or Yokohama even.  Even in Seoul the business people of Seoul differ to their friends in Pusan.

Good thing to keep in mind when starting, or even moving your company.

 

Is China business unbeatable in manufacturing?

That has been the thought of most of the people close to China.  Including those of us in Tokyo, Hong Kong, Singapore, and even Seattle for that matter.

It looks like invincible manufacturing power may not the case.  We all know in sports, business, and even life, it is always safe to assume that there is someone tougher than you.  The outsourced manufacturing mantle has historically passed to the places with the lowest labor costs.  It looks like we are beginning to see that happen for China as well.

The BBC reports

China is losing its edge as the world’s cheapest place to manufacture goods, a new report suggests.

Indonesia and Bangladesh are benefiting most as rising costs in China force firms to switch production, it says.

The report by consultants KPMG says that minimum wage levels in China are now four times greater than other places in South and South East Asia.

You can read the full article here.

Studies On Youth- McCann Report

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The youth of today would give ip their sense of smell over Internet/smartphone.

There are more friends for this generation.

Want to have a life with many friends over everything else.

A successful brand must have social connections.

Social brands have to relevant.

Lady gaga represents a brand that is never finished.

Successful brands have authenticity about them. People looking for brands that act locally. Lady Gaga doesn’t lipsync.

Most admired person in Japan. Mr Son

The world sees Gates, Gandi, Jobs, mother Theresa. Jesus the Messiah.

Youth believe once uploaded on internet, it should be free.

2011 is the year of social justice.

Google most admired brand.

Young Japanese want more individuality. They don’t want to be stay at home.

Expansion And Building In Central Tokyo

If you talk about building in Tokyo, you are talking about a lot of activity.  Over our company’s 20 years in Tokyo we have seen major building projects in various areas around Tokyo.  Places such as Kamiyacho, Shibuya, Shinjuku, a lot in Shinagawa and so forth.

As big advocates of central Tokyo (that’s where AINEO’s main Tokyo office is) , which is the Ginza and more so Nihonbashi area, we are glad to see this good news for Nihonbashi.

Major Redevelopment Planned For Tokyo’s Nihonbashi
TOKYO (Nikkei)–Mitsui Fudosan Co. (8801), Takashimaya Co. (8233) and others plan to pour an estimated 150 billion yen into redeveloping a portion of the Nihonbashi district in one of the largest projects ever for this part of central Tokyo.

Construction will begin next fiscal year in the area surrounding Takashimaya’s flagship department store, which is designated by the government as an important cultural property.

Takashimaya’s flagship store will be preserved in the project.
Mitsui Fudosan and Takashimaya will be among those constructing 35- and 29-story complexes by fiscal 2018. The department store will remain intact, but an annex will be created in one of the new buildings, boosting overall floor space by about 25%. Sumitomo Realty & Development Co. (8830) and others plan to complete a 36-story building by around fiscal 2014.

In terms of cost, this redevelopment project will eclipse the 50 billion yen spent to build the Nihonbashi Mitsui Tower, completed in 2005. With Mitsubishi Estate Co. (8802) and others now redeveloping the Marunouchi district on the other side of Tokyo Station, the new project will intensify competition between two of the country’s most prominent business districts.

News quotes from here.

Apple Computer Has More Money Than The US Government

Very interesting article here.

Of course, common knowledge to anyone in business.

That’s because Apple collects more money than it spends, while the U.S. government does not.

Read more: http://www.businessinsider.com/apple-has-more-cash-on-hand-than-the-us-government-2011-7#ixzz1TWBZJQte

Although it looks like gridlock with the President blaming Congress, and vice versa, we believe that debate is good.  This is really getting everyone thinking who wants to.