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Will They Ever Understand an Entrepreneur?

I’m an entrepreneur, haha that’s not too broad is it? I focus on marketing consulting for established and start up companies. On top of that I’m a media buyer, and an angel investor. My clients used to be exclusively U.S. based but then I branched out into the Asian market and that means learning the basics of new languages, educating myself about new customs, and traveling to awesome places. But will people in Japan ever understand what an entrepreneur is or does or how he or she lives?

When I’m at home I work from my SOHO (very small office home office) but in the last few years problems have come up that can affect relationships because people don’t understand my work schedule and situation. I don’t keep a routine schedule, it’s not the standard Japanese way, and I don’t play by the rules of a normal work environment or a Japanese company (or any other).

Besides the fluctuation in my work hours, I think there are two main factors involved. One is called “Holiday Mode” and the other is called “In The Zone Mode” and it’s hard for people in my life to witness the transition from one to the other. I see a lot of confusion, jealousy for having too much play time, and anger for not having enough time. Here’s a quick breakdown…

Holiday Mode

Welcome to... HOLIDAY MODE!

Holiday Mode: Some days people see that I work only 1-2 hours giving me a lot of free time. My clients are taken care of, I need a break, and it’s the perfect time for me to take advantage of this. I have time to spend with my loved ones, time to explore, time to travel to visit family and friends, time to party, time to spend money and have fun. I go to sleep late, I wake up late. Holiday Mode usually lasts anywhere from 5 days to 2 weeks with an occasional blip (once it lasted more than a month).

Working In The Zone Mode

Welcome to... IN THE ZONE MODE!

In The Zone Mode: When I need to get things done I dedicate everything to my clients and projects. I enjoy what I do and I can easily get “IN THE ZONE!” with a full tank of energy and confidence. I’m no stranger to working 80 hours a week when I need to. My sleep schedule starts to become batches of 2-4 hours so my working hours can conform to other timezones. Some days I’m so busy that I work long stretches without stepping away for a meal or to answer non business related calls to my keitai (cell phone). I’m marketing, networking, researching, ad buying, having conference calls, among other things, and “In The Zone Mode” usually lasts 1-2 weeks at a time.

Regular Mode: This wasn’t mentioned as a problem because it’s not an issue  This mode comes up once in a while and I can keep regular Japan time office hours.

My work structure goes in cycles. From Holiday Mode to In The Zone Mode to Holiday Mode to Regular Mode back to In The Zone and so on with little prediction of when things will change. My work schedule offers me my own time off but that time off usually doesn’t land on many national holidays.

Let’s face the facts… I wasn’t raised in an Asian or Japanese culture and I’m not a “salary man” that slaves away with a set schedule with certain days off. Over 7 years ago I left a six-figure income job to pursue my dream of owning a business that gives me freedom, time, and money. Sure it was a bumpy ride in the beginning but I pushed ahead and smoothed things out. Now I’m living abroad, enjoying what I do, and it feels like I’m making magic happen. I’ll hit the grind stone when I need to because I don’t want to end up being forced to go back to the U.S. or work for an unpleasant employer while possibly earning a lower salary than I’m worth. When I’m in the zone, I have to take full advantage of the situation and mental power because it’s a part of my life.

Increasing Business and Capital

Increasing Business and Capital for Longevity

Here’s more details of the problems with people not understanding what it means to be an entrepreneur.

During Holiday Mode my woman and friends love it! Sure, why not? I’m a younger looking enthusiastic gaijin that seems like he’s on a permanent holiday with time and money to burn. A lot of fun times could be had! On the down side sometimes friends and family get jealous if they are a slave to the office. They go to sleep when I’m still out having fun or they wake up when I’m still sleeping or playing video games.

During In The Zone Mode my woman easily gets upset. She thinks I’m ignoring her, my personal schedule changes and all of a sudden I have no time for fun, and she doesn’t understand why I’m working so much and ignoring friends and family. People go to sleep while I’m still working, and people wake up to go to the office when I’m still working. In the home base I speak firmly, I speak briefly, when I say I’m going to eat out it means I’m leaving in 3 minutes with or without a companion, and this easily causes her to become emotional. (It feels like a woman having her period for a really long time!) Luckily I quickly learned to ignore things that negatively affect my In The Zone Mode and that means Holiday Mode will be more enjoyable because I won’t be carrying around any resentment.

In Japan I feel that people define one another too much based on what job you have, meaning ‘what you do‘ is ‘who you are‘. On the flip side, a lot of Japanese girls (and guys) see a job or work like this… a person works for a boss who tells them what to do, a person talks up or down to coworkers depending on status, a person does his or her task for a set amount of days per week, a person gets paid holidays, a person gets a paycheck and after a person puts in a lifetime of work that person retires with a nice pension, the end. That’s not usually how an entrepreneur works.

I feel that life needs to be prioritized especially when you work for yourself. Money = taking care of family. Do you love your family? Sure! Having a good job can cover that money issue, but if you run a business there’s more at stake The equation should look something like Work = money = family financial security = family understanding. But that understanding part isn’t so easy. Also an entrepreneur that works from home experiences many tough situations because his wife or girlfriend sees him all the time and might associate his work with “playing on the Internet” and start asking for help with household chores or help with something ‘really quick’. This would never happen in an office, and having somebody breaking your train of though to ask you these questions destroys productivity.

Because of the way of life Japan, I think it’s easy to become less manly and have less control of the family and finances. As an entrepreneur you need to really cowboy up and take control of the situation before it gets too deep into the dead zone of unhappiness, but at the same time don’t forget to understand and respect the culture of the country you’re living in.

Owning your own business, even one online with or without employees, you will most likely create a business forecast estimating your profits and losses. See profits? Work hard and make more. See losses? Work harder, and get back into the green zone. But make sure to take some time to enjoy life! Anyway, this is the end of my little rant and I wish all international entrepreneurs and foreigners working abroad the best of luck!

Here are some books worth reading that will help you improve your life and business.

Free Automated Signal Trading System For Forex ZuluTrade in Japan

The effective, reliable third party site to host forex market based trading is none other than ZuluTrade, a free platform that allows investors to send as many trading signals from literally hundreds of systems that are listed on the site.

The investor is in full control of their assets at all times when using the ZuluTrade platform. This forex trading account allows investors to choose not only the trading system but the amounts as well. Once the information is entered this unique platform will performs everything that it has been instructed to do.

The first step is creating an account at ZuluTrade through zulutrade-fx.net. After completing this simple process the investor can choose between a demo account or going for a live account. The advantages of starting with the demo account is that investors can learn the system easily by using virtual money of up to $50,000 to get the feel and experience of live trading without putting up any of their own money.

Japanese Yen Coins

Once the investor feels comfortable in their knowledge of the ZuluTrade system, they can open a real account using one of the associate brokers and begin the trading process. This begins with investors choosing from among the signal providers they wish to go with and the amount of money or lot size for the trade. ZuluTrade will then make the transaction instantly while the investor can observe the overall performance and evaluate the results.

There is plenty of information for the investor to digest when making trades on the ZuluTrade system. This includes the number of pips gained or lost and the average pips per trade, the time and profit made during the trade, the ratio of how much you gained, the system’s total drawdown, and many other factors which you can pull together to get an overall picture of how your trading has performed. This type of information will give you clues to what methods you should use when trading again.

What makes this system even easier to use is that the analysis of your trades are done in graphic form, this visual assistance can help you spot the specifics of your recent activities. This makes digesting this type of information quicker and easier so you can continually improve your overall performance.

You can even get the results of trades that are not performing well and get the specifics through the automated system by reverse trading them. Now you can check the trades which didn’t perform well and trade again so you can now make a profit. This great tool allows you to overcome the circumstances of many of the trades that did not go well.

Using zulutrade-fx.net as your forex trading platform means that even those with marginal knowledge can quickly learn and become expert traders and find the best signal providers all in one place. This means more effecting trading in less time as you narrow your approach to use the best providers and techniques to make the most profit.

Whether you are a novice or seasons professional, ZuluTrade is the forex trading platform for you.

Travel Volunteer Project – A meaningful contest to promote Tourism in Japan

This post is a contribution made by Eric, a Travel Volunteer Team Member.

In an effort to show the world that Japan remains a safe destination and promote international tourism back to Japan, we are sponsoring two “Travel Volunteers” to visit Japan’s 47 prefectures during a 100+1 journey.

The idea for this project came from one of our employees at The Real Japan: three months after the events, we were brainstorming on ways to restore confidence and bring back tourism to Japan. We had all seen the coverage about Japan from international media and felt an important part of information was missing… Although the earthquake, tsunami and nuclear issue are terrible disasters which claimed many lives, Japan as a country was NOT entirely destroyed or irradiated. All other places outside the evacuation zone remained totally safe. But the media never mentioned it.

An idea arose and immediately caught everyone’s enthusiasm: ”How about creating a contest to win a journey through all 47 prefectures of Japan in 100+1 days and report on a Blog and social media? All travel and accommodation expenses, including international airfares would be covered by the project. Impossible? Crazy? The seed for the “Travel Volunteer” project was planted…

Japan Travel Volunteer Project

www.travelvolunteer.net

We also involved Japanese tourism businesses from all over the country to sponsor a part of the journey and many contributed in the form of complimentary room-nights at hotels and Ryokans, with local guides offering their services to escort the Travel Volunteer for free in their city. We would like to thank them for their support.

On July 6th , after one month of excitement and intense work, the Travel Volunteer website was launched. It took off immediately, with over 200 applications in less than two days. Two weeks later, the Facebook page of our project was shared more than 10,000 times!

On July 31st, the application closing date, we had received 1897 applications from 85 different countries in the world… Every applicant was requested to pay a USD 5.00 fee to enter the contest, thus ensuring they were serious and committed. The funds were raised to support “On The Road”, a grass-root NPO, actively involved in the reconstruction efforts in the devastated Tohoku region.

Message Board of Support and Hope in Japan

Board of Messages full of Support and Hope

On August 15th, we had read all 1897 applications and pre-selected 5 candidates based on their answers to three simple questions:

  • What is your personal reason to apply for Travel Volunteer?
  • If you are selected, what would be your dream while in Japan?
  • Why should we choose you?

The “lucky five” were 3 single applicants – 2 female & 1 male) from Canada, Malaysia & Ukraine, plus two couples from the UK and the USA.

On September 13th, they were invited to join the final selection process (return flight paid) at Kaikaro, a prestigious Geisha Tea House in Kanazawa, in presence local personalities and Japanese TV’s covering the event. The selection process was broadcast live on U-Stream (watch it here) and on local & regional TV’s.

Foreigners getting into Japanese culture

Foreigners (Gaijin) wearing traditional Japanese kimono with Geisha girls and learning more about Japanes tradition as well as culture.

This non-profit project also aimed at raising funds for a grass-root NPO called “On The Road”, actively involved in the reconstruction efforts in Tohoku region, through a USD 5.00 application fee. As a result, USD 10,000 have been raised and symbolically handed over to the President of “On The Road” by the 5 pre-selected candidates, at the end of the ceremony.

Akita City Food and Beverage Association Annual meeting

Contestant winners Katie & Jamie from the UK who will be visiting 47 47 prefectures of Japan while they blog about their experiences!

On September 15th, our finally selected Travel Volunteers – Katie & Jamie from the UK – departed Kanazawa at 08.50 am to their first destination, Toyama. They are now on their way through Japan and will keep blogging everyday about their journey in Japan, until Christmas Eve on December 24th, when they will be in Tohoku, distributing gifts to children displaced by the tsunami.

For more information, please visit:
The Website: Travel Volunteer|トラベルボランティア
The Blog: (Japan) Travel Volunteer Blog
The Facebook Page
The Twitter Page

How to sell everything, move to Japan, and keep a U.S. address

You’ve decided to let go and move overseas. It’s time to sell as much as you can, if not everything! I sold stuff at a flea market, in the newspaper, using Craigslist, and on eBay, and I had a garage sale. I donated some household items and clothing, and the rest of my stuff I just gave away for free. These methods helped me get rid of everything I owned in the U.S.

But what about staying in contact with your home country? You know… a phone number, voice mail, and a mailing address? Sure you can use your parents address or another family members address and this would be the most affordable way, but sometimes it feels good not to have to rely on anybody to get things done. Here are some steps on how to make it happen on your own terms.

  1. Get a new address first using a 3rd party service. You could use the service Mailboxes Etc, but it’s not convenient. I recommend an online service such as Earth Class Mail. They’ll email you, scan your mail, even forward things to you. It’s important to do this first because once you decide where you’ll be getting your mail you need to get a notarized copy of USPS Form 1583 to authorize the service to receive mail on your behalf. Get this done at a notary or your local bank. But watch those fee totals! You’ll be paying a monthly fee + scanning fees + mail forwarding fees. Last year I spent a more than $1200 USD on this service. This year I’m estimated to spend about $800.
  2. Keep one credit card with a small limit. This is my recommendation so you can shop online more securely. You don’t want to become a victim of fraud where somebody drains your Bank Debit Card and you have to fight with your bank (while in Japan) about how to get your money back. You can check your credit score free at Credit Karma and they also can recommend credit cards based on your score.
  3. Get a bank account you want to keep for a long time or forever that offers nice online banking and minimal fees. You’ll need this to pay bills that may come up, etc. I have a checking account but I also bank with Capital One for savings (high yield money market account) and the cheapest withdrawals. I also just got a Charles Schwab savings account. They told me they don’t charge a conversion fee and reimburse ATM fees worldwide. I also signed up with mint.com to track all of my bank accounts from one login.
  4. Get a PayPal account and tie it to your bank account and any credit card you need to. Sometimes it’s a convenient solution to paying people or to buy products, but you should consider getting it even though you might not use it. I can access Paypal on my iPhone!
  5. I run my business online (from my ‘virtual office’ aka laptop) so I also have a fax number. I got a free fax number from j2.com so I can receive faxes. I also then use a  send-only service like Green Fax to send outgoing faxes using my email.
  6. More than 90 days before moving, renew your driving license for the longest time possible. This way you can use it to get an International Driving License, and when you return home it might still be valid. Why 90 days? Well sometimes if you have the proper visa it can be transferred to a Japanese license. Please don’t ask me about this, I have no idea how to do this or the rules because I use the subway. On a side note – make sure your passport is current!
  7. Secure your internet connection. When you do online banking, work, and even Facebook it’s a good idea to use a VPN. I use TunnelBear’s VPN service on my laptop and my iPhone. TunnelBear works great in Japan and gives me a dynamic USA IP address. They do offer a limited free version, but I pay for the premium membership for unlimited speed and server locations. Before using a VPN I’ve gotten locked out of my PayPal account a handful of times and my regular bank account. And wow, it is a pain to get the accounts verified and re-verified when you need your money asap. I’ve even had to verify orders I make in America or the UK over the phone because my IP was coming from Japan or wait for mail to be delivered and scanned. The benefit of using a VPN service is you’ll be able to encrypt your internet connection at home, at an internet cafe, wifi hotspot, and even on your smart phone. We’re talking serious business here… 2048 bit VPN encryption for my laptop and 128 bit for my iPhone at the same time (it’s basically 2 accounts for the price of one)! TunnelBear let’s me choose the server I connect to each time (USA, UK… for now) I’ve also been able to use geographically restricted sites like Hulu and U.S. network TV and even listen to Pandora online.
  8. Secure your laptop. Most likely you’ll have everything on your laptop (banking, contact info, important documents, photos, etc) and it’s stuff you can’t afford to lose. It’s a good idea to sign up for LogMeIn (even the free account) in case you lose your laptop or it gets stolen. I used to use 2GB of free online storage with DropBox and treat it as “My Documents” but then I switched to SugarSync that offers 5GB of free storage and multiple folder backup, then I back everything up using Carbonite in case my hard drive crashes.
  9. Get a phone number. One that you can receive calls to and originates from your home country. I recommend doing this through Skype. It’s a solid VOIP company and I haven’t had any problems over the last 3+ years. For $60 a year you’ll have a number your friends and family can call to talk to you, leave voice mails, and you can use it to call phones for an unlimited amount of to the US and Canada. If you’re from another country then visit their site for more details on what they offer. I can use Skype on my iPhone! So that’s an added bonus.

And there you have – those are my tips for moving overseas and living in Japan or a another country abroad while still having a presence in the United States. It’s all about living a location independent lifestyle! If I think of anything else I’ll update this blog entry. If you have any useful tips please post them in the comments section.

  1. Get a phone number. I recommend doing this through Skype. It’s a solid VOIP company and I haven’t had any problems over the last 3 years. For $60 a year you’ll have a number your friends and family can call to talk to you, leave voice mails, and you can use it to call phones for an unlimited amount of to the US and Canada. If you’re from another country then visit their site for more details. I can use Skype on my iPhone! So that’s an added bonus.

Americans Working in Japan

How do you get a job in Japan besides teaching English? What are wages and working conditions like for Americans and other foreigners living and working in Japan? These are a few questions I’m often asked. Currently here are some posts that might help you out.

There are other routes. If you want to learn more about government jobs in Japan, here’s a great resource: NAFjobs.org And here are some TEFL books that might come in handy.

If you enjoyed this post, then please consider subscribing to my RSS feed. You can also subscribe by Email and have new posts sent directly to your Inbox.

10 ideas for working for yourself in Japan

If you’re looking to move to Japan and start working in Japan… why not just start a business instead and have the freedom to travel Japan and live where ever you want. It’s not for everybody, but it’s an option to consider. I was checking out MSN today and this article caught my eye: StartupNation Home-Based 100: 10 top home businesses in 10 categories. I’m always interested in hearing success stories and I know stories like this fuel other entrepreneurs by letting them know that a dream can become a reality. I know this talks about Americans but anybody can be a successful entrepreneur when living in another country. If that other country isn’t your home land, you might have a few minor setbacks but that shouldn’t stop you. If you’re not sure where to start there are some great entrepreneur magazines available and some books to get you started.

There are 100 people listed on MSN. Here are a few I find really interesting.

From The Top Ten Yummiest
Ciao Laura, Smyrna, Tenn.
Ciao Laura, as Laura Faust likes to be called, knows how to cook, and she knows how to stir up the votes. Her company takes people to Italy on cooking adventures, hopping from local restaurants to 15th-century villas to once-upon-a-time culinary hot spots like Pompeii. She must have a lot of happy customers willing to support her.

From The Top Ten Most Innovative
The Organizing Wiz, New York
As a professional organizer, Ilene Drexler can change your life. In the confines of Manhattan’s smallish apartments, we can’t imagine a greater luxury than having things tucked away neatly to clear some space and let the light in again. In a personalized, one-on-one consultation, she’ll assess your situation, decide on the right prescription and, with your green light, start sorting, weeding, categorizing, labeling and storing items. She currently focuses on residences, but this also sounds like a great service for rushed small-business owners.

From the MSN article:

Millions of Americans dream of starting their own businesses at home, but these entrepreneurs have made it work. The StartupNation Home-Based 100 represents the best of the best — the most successful, the most innovative, the most adventurous, the downright wacky and more.

If you found this post interesting, here are a few links you might enjoy
History’s 10 greatest entrepreneurs

Nova and Teaching English in Japan

NOVA Corp is the Japan’s largest English conversation school chain. And for those who teach English in Japan and are employed by Nova I say… DOH! I read the news back in April of 2007 when Nova got busted for breaking the law (they refused to refund tuition fees to students who canceled their contracts.) And recently people have not been getting paid for their work. Today things have gotten worse and Nova has filed for protection from the courts. More and more people are starting to teach English online using Skype which is a good thing when major corporate disruptions like this happen.

I wonder what this means for current employees and their work visas. Not only that but if an employees income stops or is slowed it could mean trouble for their living expenses. Damn.

Check out the news from Yahoo

Nova Corp , the largest operator of English language schools in Japan, said on Friday that it has filed for court protection from creditors amid efforts to turn around its business.

Following the company’s announcement, the Jasdaq Securities Exchange said it would delist Nova’s shares on Nov. 27.

Nova, which operates over 900 schools in Japan, posted net losses for the past two business years and said it held a total 43.9 billion yen in debt as of July.

More on this:
Aussie teachers lose jobs in Japanese school shutdown
Google News
Nova applies for court protection from creditors; president missing, 4 execs resign
Scandal-tainted school Nova granted court protection from creditors

Wal-Mart in Japan (aka Seiyu)

Seiyu and Walmart Wal-Mart is in Japan. I couldn’t believe it and recently I’ve spotted the “GreatValue” brand that’s owned by Wal-Mart in a few grocery stores here. Sure the brand is generic but they sure do rack the price up here in Japan vs. the United States GreatValue price (uber lame!). I just read that Wal-Mart got into the Japan market back in 2002 and owns 50.9% of the struggling Japanese copmany Seiyu. Wal-Mart said it would offer 140 yen per Seiyu common share with the goal of taking full ownership of this drowning company. That would be about $878 Million. Let’s convert to yen as of the current currency conversion rate…

878,000,000 in USD would be 100,495,879,196 Yen. That’s why the Yen is so cool when you’re an American… it sounds like a shit load of money. 10 dollars? Oh hellz no! 1,000 Yen! That’s where it’s at! Continue reading

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