It takes a special kind of interest to become an entrepreneur in this competitive world. You put yourself for potential investors to take notice of, your ideas and concepts are in full display. And maybe some people will say that you are not in a position to make big in the business. But there are many who have not given up, who have made it to success irrespective of obstacles. They worked on the advice of experts and from those advice started their own businesses. And many of those businesses have grown into mega companies. Think of what experts can do if you have the right mindset to listen.
William Saito is a financial adviser and consultant working for National Institute of Advanced Industrial Science and Technology in Tokyo. He is also the founder of a couple of software companies that specialize in security software development, such as I/O Software Inc and InTecur. He invented the first Biometric Authentication System as well. Many startups consult him for advice on venture capital procurement and financial planning. In fact, Saito has more than two decades of experience in this field. He was the winner of Entrepreneur of the Year by Ernst & Young, NASDAQ and USA in 1998.
William Saito in his interview at a startup conference talks about what entrepreneurs should know about current market and its supply demand strategies. The biggest barrier facing today’s entrepreneurs is investor money. What investors are looking for is not just the availability of entrepreneurs but their ideas, future market potential, growth, expense and other factors in business. Don’t think that just because you want to start a business you will be able to get a deal and start cashing royalty checks. It takes more than that, says Mr. Saito.
Whether yours is a technology related, medical, law or business service, if you are the best in what you do, you are likely to attract venture capitalists. Nothing great was ever achieved without adequate fund. In essence, two common denominators that appear in every successful business is idea and money. People who have reached the top of their game did it with lots of sweat and tears. They have jumped in with two feet and taken the risk. They have heeded to the advice of financial experts and made their dream into reality. William Saito’s financial planning service provides motivation to do the same.