The competition in just about every sector has been increasing at a rapid pace and to top it off, the economic recession and uncertainty have added to the problems of the entrepreneurs and the start-ups. The new companies that are forming are finding it difficult to meet all the hurdles that are coming their way, legal as well as financial. The new companies that are forming do not only face economic challenges but are roughing it through the difficulties of sluggish financial markets world over. However, one of the top financial experts, William Saito from Japan, believes that it is during such times that the start-ups can thrive.
William Saito is one of the well-known authorities in the field of cybersecurity and was named the entrepreneur of the year by Nasdaq, USA Today, and even Ernst and Young in the year 1998. William Saito is also the financial advisor to the Prime of Japan. Before working for the government of Japan, William Saito used to serve the position of Vice Chairman at the Palo Alto Networks Japan. William Saito is also the Foundation Board Member for WEF or the World Economic Forum. He also advises many of the world’s government on economic matters and has been running companies successfully himself for a long time. The first company that William Saito established was when he was in school. William Saito is excellent at programming, and his life journey is explained in the book he wrote, named An Unprogrammed Life: Adventures of an Incurable Entrepreneur, which was published by John Wiley and Sons in 2011.
William Saito says that the growth of start-ups in the west is primarily due to the culture of taking failures as a stepping stone, whereas in the east the failure is not accepted positively. William Saito believes that the entrepreneurs would have to be more open to the changes in the economy and how they deal in the business, learning from the entrepreneurial culture in the west. It would help them take on challenges with an open mind, and even if they fail, not giving up would be the first thought that would come to mind. William Saito has achieved a lot during his professional career and advises many private companies on the importance of cybersecurity. He believes that modern companies should have their data secured through many different layers of cyber security to make it impenetrable and encrypted beyond vulnerability.