Wednesday, January 29, 2025

2505 Lessons on Going Concern: Insights from My Shisha Business

In November, I took over a shisha bar business, knowing full well that it wouldn’t turn a profit immediately. Despite this, I occasionally feel the weight of the financial burden as the business continues to draw on my cash reserves. While this situation is manageable for another six months, I remain optimistic that the business could become profitable within a year.

At present, revenue falls short of covering expenses, but there’s a silver lining: the income is consistent and reliable, flowing steadily into the bank account regardless of my personal involvement. This is a testament to the hard work and dedication of my excellent Gen-Z staff. Their efforts have allowed the business to maintain a stable operational rhythm, even as I focus on my other ventures.

The shisha bar is my first tangible portfolio outside of consulting, a field that heavily depends on my direct involvement and external factors. Unlike consulting, which often feels like chasing external validation, the shisha bar is an opportunity to build something concrete.

While the business has yet to reach sustainability, it is buoyed by a genuine demand for shisha and the loyalty of our customers. This has given me a deeper understanding of the concept of "going concern" in real-world business operations.

I believe the business has the potential to become sustainable, but I am acutely aware that success is not guaranteed. The future depends on the actions and strategies my team and I implement. This sense of control is both daunting and empowering. Unlike investments in stocks or real estate—where performance is largely out of your hands—the fate of a business like this is directly tied to your decisions and efforts.

I wouldn’t call myself a risk-taker; in fact, I lean toward the safer side. However, running a business like this feels more controllable and tangible compared to passive investments, where all you can do is observe their performance from the sidelines.

The journey has been a tremendous learning experience. I am still uncertain whether the shisha bar will grow into a major part of Growth Unlimited Corporation (GUC). However, it has already given me invaluable insights into the concept of "going concern" and what it truly means to invest your time, energy, and resources into building something from the ground up.

Monday, January 20, 2025

2504: Kenji's Decision for a Brilliant Endeavor


December 20th marked a memorable day for GUC. One of our shisha staff members, Kenji Okamura—a university senior—approached me with a bold proposal: to join GUC as a permanent employee starting April 2025. This decision came after he chose to decline an unofficial offer from a major recruiting company.

Kenji’s reasons for this significant decision were clear and compelling:

  1. A Passion for Shisha Craftsmanship
    Kenji expressed his desire to lead our "Zerobase" initiative and drive its success, leveraging the deep knowledge and passion he has cultivated over three years of mastering shisha crafting and creating enjoyable customer experiences.

  2. Expanding Business Acumen
    He saw an opportunity to grow by learning from GUC’s consulting activities and business network, gaining exposure to diverse ventures beyond shisha operations.

  3. A Sense of Responsibility
    Observing my increased workload as I embark on new professional activities in Osaka, Kenji recognized the need for a permanent team member to ensure sustainable and profitable operations at GUC.

At first, I hesitated. It’s not easy to commit to such a significant change, but Kenji’s reasoning struck a chord with me. He has demonstrated a deep respect for his own strengths and preferences, valuing hands-on experience over conventional career paths shaped by post-1950 norms. His dedication to shisha craftsmanship and his understanding of customer-centric operations convinced me that he is ready to hone his skills and build a professional future at GUC.

Moreover, Kenji’s vision goes beyond shisha. He aspires to immerse himself in the broader business landscape through consulting and entrepreneurial ventures. This kind of hands-on, multifaceted growth is something he wouldn’t experience in a large-scale corporation.

GUC, like any venture company, is a going concern, facing both challenges and opportunities. I promised Kenji that GUC would provide him with platforms to explore uncharted possibilities. However, I also reminded him of the reality: his growth and success depend on his willingness to embrace challenges and continuously enhance his skills.

“You’ll be an average-income employee unless you take on challenges and expand your knowledge,” I told him. “But with effort and passion, you could achieve a six-figure income before you turn 40. It all depends on how you grow the business and yourself.”

Kenji’s decision to commit to GUC is a testament to his entrepreneurial spirit and his belief in our shared vision. I am confident that this partnership will lead to remarkable growth, not just for him but for GUC as a whole.

Here’s to the next chapter of GUC with Kenji leading Zerobase into a brighter future!

Monday, January 13, 2025

2503 Discovering the World of Shisha: A New Chapter in My Business Portfolio





Have you ever heard of shisha, also known as a hookah? While the younger generation might be familiar with it and perhaps have already tried it, many in their 30s and beyond might find it a completely new concept. Until recently, I was one of them.

As someone who quit smoking over 20 years ago, shisha was never on my radar. However, life has a way of bringing new opportunities, and as a business owner now stepping into the world of shisha, I felt it was important to understand and experience it myself. So, back in July, I visited a shisha bar franchise to try it out. To my surprise, I thoroughly enjoyed it—it was both relaxing and fun!

What Makes Shisha Special?

At its core, shisha is more than just flavored smoke; it’s an experience that engages your senses. The aromas of the flavors, which you get to select, create a personalized atmosphere that’s soothing and unique. Whether you prefer fruity, minty, or exotic blends, there’s something for everyone.

But it’s not just about the flavors. Shisha often fosters the same kind of vibrant conversations you might find in a smoking area, where innovative ideas and opinions tend to flow. What’s even better? Shisha is inclusive—it’s perfect for non-drinkers. Unlike social settings that revolve around alcohol, sharing a shisha allows everyone to enjoy fair, relaxed discussions without the effects of drinking.

The Art of Shisha: A Blend of Skill and Flavor

One of the most fascinating aspects of shisha is the art of blending flavors. A true shisha master—or as I like to call them, a “shisha sommelier”—knows the secret to creating the perfect mix from hundreds of flavor options. Their expertise in achieving the ideal balance can transform an ordinary session into an unforgettable sensory journey.

Then there’s the visual appeal. Watching the rich, billowing smoke and experimenting with different techniques adds a playful and meditative element to the experience. It’s both calming and captivating—a chance to pause and unwind in our busy lives.

Why Shisha?

For me, entering the shisha business isn’t just about running a store; it’s about creating a space where people can connect, relax, and discover something new. Shisha is a bridge—between generations, between drinkers and non-drinkers, and between the everyday and the extraordinary.

If you’ve never tried shisha, I encourage you to give it a go. You might just find yourself immersed in a whole new world of flavors, conversations, and relaxation. And if you’re already a fan, I hope to see you at my shisha bar soon, where we’ll strive to craft an experience as unique as each of our customers.

So, what do you think—ready to try something different? Let’s light it up and explore together!

Wednesday, January 8, 2025

2502 Leadership Missteps: Reflections on Nissan and President Yoon Suk Yeol

 


Nissan has recently announced a significant reduction in its workforce, cutting 9,000 jobs, due to declining revenue forecasts for 2024. Analysts attribute this downturn to strategic missteps by the CEO and COO, including flawed business planning and an unappealing vehicle lineup.

In a parallel development, South Korean President Yoon Suk Yeol declared martial law in an emergency address, citing threats from North Korea and political obstruction by the opposition-led parliament. This drastic measure, executed hastily, was met with widespread protests and parliamentary opposition, leading to its revocation within hours. Commentators now anticipate President Yoon's potential resignation due to the backlash.

These incidents raise questions about the absence of effective counsel and communication within leadership teams. It appears that both Nissan's executives and President Yoon may have disregarded dissenting opinions, leading to detrimental outcomes.

Nissan, as a leading global automaker, undoubtedly employs talented professionals capable of offering critical insights. Yet, reports suggest that the company failed to meet sales targets and made misguided manufacturing investments. This scenario mirrors the early 2000s, when Nissan underwent restructuring under Carlos Ghosn due to similar issues of pride and oversight.

As a small business entrepreneur, these events prompt self-reflection. Recently, I decided to engage a major marketing firm, Recruit, to address our stagnant social media marketing efforts. This decision was made unilaterally, without consulting my team, due to their limited expertise in this area. While outsourcing aims to allow my team to focus on their strengths, I recognize that top-down decision-making can lead to issues similar to those faced by Nissan and President Yoon.

I now realize the importance of inclusive decision-making and plan to address this in our next meeting or through a regular video message. I intend to apologize for not fostering collaboration and to emphasize the value of team input in our strategic choices.

Tuesday, December 31, 2024

2501:Reflecting on 2024: A Year of Growth and New Beginnings

As we bid farewell to 2024 and welcome the New Year, I find it essential to reflect on the journey we've undertaken at Shinyo Intelligence. This year has been marked by significant milestones, relentless dedication, and the rekindling of a cherished family legacy.

Establishing Shinyo Intelligence

In January, I took the decisive step to establish Shinyo Intelligence, inspired by my grandfather's company, Shinyo Interia, which closed in the late '90s due to the absence of a successor. His unwavering commitment to his business has been a guiding light, and reviving his legacy has been a profound honor.

First Consulting Engagement

March brought our first consulting order, a testament to the trust clients place in our expertise. This opportunity not only validated our efforts but also set the stage for future growth in the consulting arena.

Acquisition of the Shisha Business

A significant highlight was acquiring a shisha business in Kyoto. This venture has expanded our portfolio and introduced us to a vibrant community. Our shisha café now thrives with seven dedicated Gen-Z staff members whose energy and creativity have been invaluable.

Lessons from a Year of Relentless Pursuit

Operating tirelessly, without weekends, has underscored the importance of resilience and passion in entrepreneurship. This year has been pivotal in building connections and adapting swiftly to new challenges, laying a solid foundation for our future endeavors.

Looking Ahead: Empowerment and Growth

As we step into the New Year, our focus will be on:

  • Stabilizing the Shisha Business: We aim to foster an environment that encourages autonomy and innovation among our staff. By empowering them to make decisions and contribute creatively, we believe the business will achieve new heights. Research indicates that employee autonomy can significantly enhance innovation performance.

  • Expanding Consulting Expertise: I am committed to enhancing my project management consultancy skills, preparing for the next phase of business expansion. Continuous learning and adaptation are crucial in the ever-evolving consulting landscape.

Gratitude and Forward Momentum

I extend my heartfelt gratitude to our team, clients, and supporters who have been instrumental in our journey. Your belief in Shinyo Intelligence propels us forward. Here's to a New Year filled with promise, growth, and shared success.

Wishing everyone a prosperous and fulfilling New Year.

Warm regards,

Daisuke INUZUKA

CEO, 伸葉インテリジェンス/GUC Growth Unlimited Corp 

Wednesday, December 25, 2024

2452 Challenging Efficiency in a Globalized World: A Reflection on Company Programs and Autonomy

 


This year, my company introduced a series of programs aimed at streamlining time and cost efficiency. The premise was simple: identify one common, practical action that could make a tangible impact—whether reducing meeting times or declining non-essential invitations for those without decision-making roles.

I participated with genuine intent, applying structured frameworks to identify essential actions. My team worked diligently, producing a shortlist, and eventually, we agreed on one key action. At the time, I felt confident that this initiative would drive business efficiencies, enhance our work environment, and ultimately contribute to profitability. I still believe that programs like these can be powerful drivers of success.

However, after several weeks of reflection, I began to have doubts. The core question on my mind: Is such a program always applicable to large-scale organizations, particularly those with portfolios exceeding €30 billion? My company, with over 100 years of history, holds a strong, traditional portfolio. Yet, as a conglomerate, we also operate in new and diverse industries. I began to wonder whether the chosen action was perfectly aligned with the needs of our legacy portfolio but less suitable for the emerging ones.

This uncertainty sparked a deeper concern: could the program inadvertently overlook the risks of globalization—a topic I previously explored in my blogs Vol. 2401 and 2402, which delved into the dangers of totalitarianism within globalized frameworks?

For example, one team decided on the action: "No regular meetings." While the intention might have been to eliminate unnecessary meetings, I see a potential issue. For teams following a lean startup model, regular meetings (such as Scrum or cadence meetings) are vital for maintaining communication and creating structured touchpoints. If replaced by only ad hoc meetings, these teams may lose coherence, resulting in less maturity and, ultimately, diminished productivity.

In my earlier blogs, I discussed the risks of globalization. I encourage readers to revisit them, as I believe these risks remain relevant in today’s corporate world. While globalized operations are one of my professional strengths, I am also a staunch advocate for individuality and autonomy. Striking the right balance between global systems and personal freedom is a challenge I continuously wrestle with, and it remains my ultimate agenda.

Wednesday, December 18, 2024

2451 Embracing Change and Exploring New Horizons



As I reflect on my career journey, I realize how fortunate I have been to experience multiple facets of the business world. Over the years, I have transitioned through different industries and roles, moving from contractor to vendor, and eventually to end-user organizations. Each of these experiences has offered unique insights, shaped my professional outlook, and reaffirmed one essential truth about myself: I thrive in dynamic, ever-changing environments rather than in routine or ultra-stable business settings.

The Journey Through Different Business Categories

My career began in the contractor category, working for a relatively small and conservative company. At the time, most businesses in Japan operated with a similar conservative mindset, emphasizing stability and tradition. This experience grounded me in the fundamentals of project management and execution.

My second role was also with a contractor, but it differed significantly from the first. It was a publicly traded company with greater stability and access to resources. While the environment was more structured, it still retained the dynamism of a project-driven business, which kept me engaged and motivated.

Seeking better work-life balance, I later transitioned to a vendor organization. It was a major shift—a super-stable company that allowed me to prioritize personal time and family. However, over time, I realized that the stability, while valuable, lacked the excitement and challenges I craved.

Finally, I moved to an end-user company. This role offered the perspective of working directly with operational assets, a unique vantage point that completed my understanding of the business ecosystem.

Understanding My Strengths and Preferences

Having explored these diverse categories, I have come to understand where I fit best. While I value stability and the legacy of established organizations, I am most inspired by dynamic work environments, project-based challenges, and the opportunity to engage with motivated customer stakeholders. Routine operations or asset management roles, while essential, do not align with my personal strengths or professional ambitions.

Looking back, if I were in my 30s, I might not have made the same choices. A stable role in my current company could have provided security until retirement, ensuring a steady income and predictable career path. However, as I’ve grown, so have my aspirations. I now prioritize growth, impact, and new challenges, even if it means stepping into the unknown.

The Next Chapter: Consulting and Entrepreneurship

With this mindset, I have made a significant decision: I will leave my current company by the end of this year to embark on a new journey. This decision is driven by my desire to work in consulting, where I can leverage my expertise in project-based roles, and to dedicate more energy to my private business ventures.

Interestingly, my new role brings me back to the world of contracts—something I last experienced in my second workplace. While consulting is not the same as traditional EPC contracting, it shares the project-driven and dynamic nature that I find energizing.

Starting in 2025, I will be based in the Kansai area, exploring new business opportunities while acting as a director. This role not only aligns with my strengths but also represents a significant step forward—a higher stage where I can make a broader impact and challenge myself further.

Looking Ahead

As I prepare for this transition, I am excited about the opportunities that lie ahead. I look forward to sharing updates about my new role and challenges in the coming year. For now, I will focus on closing this chapter with gratitude and stepping into the next with purpose and enthusiasm.

If you are also considering a career change or exploring new opportunities, I encourage you to reflect on your strengths, passions, and the environments where you thrive. Sometimes, the most rewarding decisions are the ones that take us out of our comfort zones and into uncharted territory.

Stay tuned for updates on my journey—let’s continue to learn and grow together!

Thursday, December 12, 2024

2450:Transforming a Shisha Café – From Lemon to Lemonade

 




There’s something deeply universal about the phrase, “When life gives you lemons, make lemonade.” It embodies resilience, optimism, and a mindset that can transform even the toughest situations into opportunities. But this concept isn’t just an inspiring mantra—it’s a practical philosophy for business and life.


I find myself drawing on this wisdom as I help lead a turnaround for a shisha café. On paper, it’s a solid business idea: a café near a major national university, only five minutes from the station, in a town filled with students. And yet, the business has been in the red for quite some time. This situation feels like a classic “lemon.” But I truly believe that with the right approach, this lemon can be transformed into refreshing lemonade.

The Lemon: Recognizing the Challenge

What makes this shisha café a lemon? At first glance, it may seem like a case of poor circumstances or bad timing. But the real issue lies deeper—it’s about aligning potential with the right vision. In business, as in life, a challenge often presents itself when the pieces don’t quite fit together.

It’s easy to get stuck in the mindset of seeing only the problems: the location isn’t perfect, the foot traffic is low, the target audience isn’t fully engaged. These are the "lemons" that we often focus on—the sour, bitter aspects of a situation that make us question whether it’s worth the effort. But these "lemons" also hold within them the seeds of possibility. The true power lies in how we perceive them.

Making Lemonade: The Power of Rethinking

To turn a lemon into lemonade, you must first embrace the challenge. It’s about seeing beyond the surface-level problems and tapping into what could be. This is where revolutionary thinking comes into play—a concept I’ve been exploring through 進化思考 (Evolution Thinking) by Eisuke Tachikawa. The core idea is that innovation is born from rethinking what is already in front of you.

In the case of the shisha café, the lemonade isn’t just about fixing what’s broken—it’s about transforming the entire experience. Revolutionary thinking invites us to ask: What if we stopped viewing this café as just a café? What if we started to see it as a gathering place for the local community, a hub of student life, or even a cultural experience?

This shift in thinking, this reimagining of what the business could be, is what turns lemons into lemonade. It’s about rethinking the essence of the situation and finding a new way to tap into its potential. The café doesn’t need to be a carbon copy of successful businesses in other areas—it needs to become something unique, something that resonates with the people who pass through its doors.

The Essence of Lemonade: Turning Setbacks into Strengths

At the heart of the lemonade concept is the idea that setbacks can become strengths. What we initially see as a disadvantage—whether it’s the location, the target market, or the current financial struggle—can actually become the foundation for something innovative.

One of the key lessons from 進化思考 is that evolution and growth often come from adversity. It’s in the moments when things aren’t working that we are forced to think differently, to pivot, and to find new solutions. Innovation is the lemonade that comes from squeezing the lemon of adversity.

For the shisha café, the current struggles aren’t simply obstacles to overcome—they are opportunities to rethink what the business can be. Perhaps the very challenges that seem to be holding it back are what will push it forward. The proximity to a university, while initially seen as a challenge, could actually be its greatest asset. It’s not about changing the location or moving elsewhere—it’s about changing the way we think about that location and finding new ways to engage the people nearby.

Lemonade Is a Mindset

Turning lemons into lemonade isn’t just a strategy—it’s a mindset. It requires seeing challenges as opportunities, setbacks as moments to innovate, and problems as the raw materials for success. This mindset shifts your focus from what’s going wrong to what could go right. It allows you to embrace the full potential of every situation, no matter how difficult or discouraging it may seem.

In business, this mindset is invaluable. It gives you the resilience to keep going when things aren’t working, the creativity to find new solutions, and the optimism to believe that even the most difficult situations can be transformed.

For the shisha café, this mindset is what will allow us to transform the business. We’re not just fixing problems—we’re creating a new vision, a new way of thinking, and ultimately, a new way of operating. The lemonade isn’t just a sweet drink made from sour lemons—it’s the result of revolutionary thinking, persistence, and a commitment to finding success even in the face of adversity.

Conclusion: Turning Lemons into Lemonade in Business

In every business, there will be lemons—challenges, setbacks, and moments of doubt. But it’s in these moments that we have the greatest opportunity for transformation. By rethinking the situation, embracing the challenges, and turning adversity into innovation, we can turn even the sourest of lemons into the sweetest of lemonade.

For me, the shisha café is more than just a business turnaround project—it’s a reminder that with the right mindset, anything is possible. When life gives you lemons, don’t just settle for making lemonade—use it as an opportunity to create something entirely new.

Thursday, December 5, 2024

2449:Why Kyoto Reminds Me of Silicon Valley: A New Era of Innovation



As I’ve started visiting Kyoto more frequently for a recent business collaboration, I can’t help but notice an incredible energy here—one that reminds me of Silicon Valley. Kyoto may be famous for its history and temples, but there’s a vibrant, forward-thinking community that’s making waves in the modern business world.


One aspect that stands out is the large number of young, talented students working alongside their studies. My collaborator here employs many part-time workers from three of Japan's top universities—Kyoto University, Doshisha University, and Ritsumeikan University. These institutions have a reputation for producing high-caliber students, and I've seen firsthand that their knowledge, skills, and attitude towards innovation are exceptional.


Many of these students have gained real-world experience through internships and hands-on projects. They’re not just studying; they’re actively working in fields like programming, software development, and tech innovation. Their approach to learning is dynamic, with many balancing their academic pursuits with practical work, reflecting a dedication to growth and experimentation.


Recently, my son Kansai reached out with a request for a sustainable business partner to help develop software for smart rings. Living in Akita, he was struggling to find someone with the necessary tech expertise. However, during a visit to my partner’s café, I remembered a student from Kyoto University who had a side business in tech development. Within minutes of reaching out, he was on board, ready to collaborate. The speed and ease of this connection brought to mind the rapid, lean start-up culture of Silicon Valley. Here in Kyoto, talent is readily accessible, and partnerships form quickly, driving innovation from idea to outcome in record time.


If it weren’t for my time in Kyoto, I might never have realized this unique blend of heritage and modern innovation. The opportunity to collaborate with such passionate, skilled individuals has been inspiring, and I’m excited about what we’re building together. This city has so much potential, and I look forward to sharing more insights from these collaborations in future posts.


Stay tuned for updates on our journey!

Saturday, November 30, 2024

2448b Reflections on a Month of Transformation: Tuckman’s Theory in Action with Gen-Z

 


As I observe the November sales results, marking the first month since I took over the operation on November 2nd, I find myself reflecting on just how transformative these past 30 days have been. Though it’s only been a month, it feels like much longer—so much has happened in such a short span of time.

In these 30 days, my team and I made significant progress:

  1. Redefined the shop’s concept and established its Mission, Vision, and Values (MVV).
  2. Finalized job descriptions and hiring contracts.
  3. Launched a renovation plan.
  4. Conducted a pricing and positioning analysis.
  5. Improved flavor inventory management.
  6. Introduced an incentive guideline.
  7. Streamlined the procurement process.
  8. Rebranded the shop from “Home is” to “Zerobase.”
  9. Installed an 85-inch display for promotional content.
  10. Upgraded technology with a MacBook, ThinkPad, and iPhone renewal for staff use.
  11. Registered the shop on Hot Pepper Beauty to enhance customer outreach.

Looking back, I’m astonished at the pace of change and the volume of decisions and actions we undertook in such a short time. While I initiated many of these changes as the owner, they could not have been realized without the commitment and dynamism of my team, all of whom are Gen-Z.

One unique challenge during this period was that I worked remotely from Yokohama between November 7 and 22. Yet, despite this physical distance, the energy and momentum from my team never wavered. This experience highlighted the power of teamwork, particularly when viewed through the lens of Tuckman’s theory of group development.

Tuckman’s Theory: A Real-Time Experience

Tuckman’s theory, which outlines the stages of forming, storming, norming, and performing, felt vividly real during these 30 days. This is especially true when working with Gen-Z, whose candid and straightforward nature brings these phases to life in a way that is both raw and refreshing.

Forming Stage:
When I first took over, there was noticeable tension and uncertainty among the staff. Many had doubts about the new direction and were unsure if I truly understood their challenges or shared their vision. Their expressions and behavior revealed a mix of apprehension and hope, as though they were searching for clarity in a foggy future.

Storming Stage:
From November 2 to around November 15, we experienced a storming phase. During this time, there were small but critical conflicts among the team as they adjusted to new processes, expectations, and my leadership style. This period wasn’t easy for anyone, but it served as a crucible for growth.

I later learned that the team held an internal meeting following an incident on November 15. Although I wasn’t involved in the details, some suggestions and feedback were shared with the CTO, who openly acknowledged that he had learned valuable lessons from the staff’s input. His honesty and humility deeply impressed me. To show my appreciation, I invited him for a night out at a traditional Japanese noodle shop, where we discussed our learnings and the team’s journey so far.

Norming Stage:
By November 25, there was a noticeable shift. The team’s communication became warm, collaborative, and dynamic. What had once been a group of individuals unsure of their roles was now a cohesive team with shared goals. The transformation was palpable, and the energy was inspiring.

Performing Stage:
As we approach the end of November, I can see the team moving into the performing stage. They’ve begun to take ownership of their roles, confidently sharing ideas, and implementing improvements. The shop has started to run smoothly, with each member contributing to its success.

The Power of Working with Gen-Z

One of the reasons I value working with Gen-Z is their straightforwardness and transparency. Unlike more experienced professionals who might filter their feedback or act with guarded professionalism, Gen-Z team members express their opinions openly, allowing me to address issues head-on. Their honesty not only accelerates problem-solving but also fosters a culture of trust and mutual respect.

This month has been an indispensable learning experience for me. Witnessing Tuckman’s theory unfold in real-time with a team of Gen-Z professionals has deepened my appreciation for their adaptability, creativity, and potential. It has also reinforced my belief in the importance of patience, humility, and creating an environment where everyone feels heard and valued.

As I look to the future, I’m excited to see how this team continues to grow and thrive. If the past 30 days are any indication, the journey ahead will be nothing short of extraordinary.

Thursday, November 21, 2024

2447 The Last Responsible Moment: From Hesitation to Action"


 

Last weekend, I visited Kyoto to meet the core members of a shisha bar that requires restructuring. Initially, I hesitated, considering the travel costs and time—over $200 for a round trip by train. I carefully analyzed whether the visit was essential at that moment or if it could be delayed. In the end, I decided to go, but not by bullet train. Instead, I chose to ride my motorcycle.

This decision led to some interesting insights. First, the ride to Kyoto, over 400 km one way, took 4.5 hours, with no traffic jams along the way. It is no boubt, I found it more enjoyable than taking the train. Although I was tired, the journey was manageable, and it allowed me to reflect.

The real highlight of the trip, however, was the conversation with the core staff. Both of them work part-time at the shisha bar while juggling multiple jobs elsewhere. As members of Gen-Z, I was amazed by their sincerity, intelligence, and their observations of the current state of the business. They offered thoughtful improvement ideas, which sparked a lot of hope for the future of the business.

Before this visit, I had been trying to tackle the turnaround plan on my own, turning over ideas repeatedly. But after casually chatting with them and hearing their perspectives, a flood of potential actions came to mind—like a spring of ideas. I couldn’t help but think how different things would have been if I had decided not to visit that day. Had I stayed home, I might have remained stuck, overthinking with little progress.

This experience reinforced for me the power of the Last Responsible Moment. The concept is often viewed negatively—as though it encourages us to delay decisions for as long as possible until we have no choice but to act. But what I realized is that to truly maximize this notion, we must actively pivot, gather information, and stay connected with key stakeholders. Otherwise, we risk missing out on crucial insights.

The Last Responsible Moment isn’t about passively waiting. It’s about ensuring you have the right data and perspectives before making a critical decision. By doing so, it becomes a powerful approach—one that can lead to more informed and effective outcomes.

Wednesday, November 13, 2024

2446:Micro Improvements Lead to Innovation: A Reflection on Design

 





Though I have never worked in the design industry, I’ve come to appreciate that good design, whether in products or processes, is about distillation—eliminating the unnecessary to highlight the essential. At its core, a well-designed object or system should be intuitive and functional, serving its purpose in the simplest way possible.

This principle of stripping down to essentials reminds me of an evolutionary metaphor: our tail. Humans, unlike monkeys, no longer have visible tails. Why? Because over time, the tail ceased to be necessary for human survival. Its primary functions—balancing on branches or aiding in tree climbing—became irrelevant as we evolved. Nature, in its own way, “designed out” the tail. In industries, similar evolutions take place. Technologies that once seemed indispensable slowly become obsolete, replaced by more efficient solutions.

Take, for example, the evolution of car antennas. Until the 1980s, most cars featured steel, expandable antennas. Today, such designs are virtually extinct, a relic of a bygone era, much like a Galapagos species that has failed to adapt. Similarly, early laptops relied on the SCSI interface for connectivity—an essential tool in the early Windows era. Now, it’s been replaced by the more versatile USB-A, and even that is being phased out for USB-C, which may soon become the new standard.

But design isn’t just about physical products. It applies to our work environments and lifestyles as well. Refining our processes and removing unnecessary elements in how we live and work can be just as important as designing tangible objects. As someone advocating for an effortless, cross-border working style, I see the need to continuously refine and "design" my approach, removing inefficiencies and focusing on what truly matters.

One of the pioneers of this way of thinking is David Kelley, founder of IDEO, whom I first encountered during my MBA studies. At the time, his ideas resonated with me, but it’s only now that I fully grasp their significance. Design thinking, as Kelley framed it, isn’t about large leaps—it’s about micro-improvements that accumulate over time to create something innovative. Every small refinement, every bit of unnecessary complexity removed, brings us closer to a more effortless and efficient way of doing things.

As I continue to learn and evolve, I realize that the journey of understanding design is endless. There will always be room for improvement, and that’s the beauty of it. Our work, our lives, and our innovations will forever be shaped by the small, incremental changes that, when added together, make a world of difference.

Wednesday, November 6, 2024

2445b Act Now: How Time Discounting Boosts Business Performance and an Effortless Life






As we kick off this new operation, I want to highlight a concept that could be a game-changer for each of you: the Time Discount Rate. This principle, which I explored in my earlier blog (2301: Time Discount Rate: A Simple Theory for an Effortless Life), isn’t just an economic theory—it’s a powerful approach to living and working that saves effort and drives success. It’s about taking action when the “temperature” is just right to minimize wasted effort and maximize outcomes.

A Reminder from Daily Life: Cleaning a Hot Pan

In the January blog, I shared a simple example: imagine you’ve just finished cooking and have a pan still warm. Clean it now, and it takes minimal effort. Leave it for hours, and you’ll have a stubborn mess that needs hot water, soap, or even abrasive scrubbers—possibly damaging the pan’s surface.

This small, relatable act demonstrates the time discount rate in action. Acting promptly saves both time and effort and preserves the quality of what you’re working with. It’s a reminder that delays often increase the cost—sometimes more than we anticipate.

Applying Time Discounting in Our New Operation: Act Before the “Warmth” Fades

Now, think about our current project. We've discussed investments and restructuring plans to move forward, and the green light is on. Yet, even with clear approval, some actions are still taking a week or more to begin. Imagine if, instead, we approached this like eating a pizza while it’s still warm—it’s a much better experience when enjoyed at its peak.

Every day that passes without action is an opportunity missed, and it makes future tasks potentially more complex or costly. When you delay, you often have to recheck conditions or get back into the mindset you had when initially planning. Over time, this adds up, affecting efficiency and outcomes.

Real-Life Benefits of Time Discounting

A practical example: I made the decision to meet each of you well before officially signing the contracts, which gave me a head start in understanding your strengths, abilities, and personalities. This early action let me witness your high IQ and EQ in action, confirming my belief that each of you can handle these responsibilities exceptionally. Had I waited, I might only have known you briefly before starting. By applying the time discount rate, I made a significant investment of my own time early on, and I already see it paying off in our collaboration.

Why This Matters for Gen-Z Leaders and High Performers

The time discount rate might seem simple, but it’s one of the most effective tools for achieving effortless success. By recognizing that early actions prevent future complications, you’re setting yourself up for smoother, more satisfying outcomes. In a fast-paced business environment, acting promptly can be the difference between lagging behind and leading the way.

Here’s the takeaway: approach tasks as if you’re catching them while they’re still “warm.” Don’t wait for conditions to cool off, which only makes things harder down the line. Embrace time discounting not just as a strategy, but as a way of thinking that can improve both work and life.

In this project and beyond, let’s keep the warmth, act promptly, and ensure we’re moving forward efficiently. I know each of you has the intelligence, capability, and insight to turn this into an advantage. Embrace the time discount approach—it might be the key to not only meeting our goals but enjoying the journey as we go.