Black MBA - Spring 2008 - (Page 99)

ENTREPRENEURSHIP Opportunities in Japan Use Your Superstar Status Black Entrepreneurs Break into Japanese Economy By Debra A. Schwartz It’s also very important, [Ralph] Inforzato cautions, to prevent anything from happening that would cause a member of your organization or a business partner to lose face. Doing otherwise is the kiss of death. THERE’S A SECRET edge that Black entrepreneurs have in Japan over anyone else. “They really, really think Black people are superstars in Japan,” says business developer Roosevelt Roby, Founder and CEO of the World Business Exchange Network in Los Angeles. Japan is the U.S. Commercial Service’s (USCS) current top pick for extending a handshake in business. Oppressed by excessive regulations that made its market difficult to penetrate in the 1980s, Japan’s recently relaxed restraints are exciting young Japanese who want to follow their U.S. counterparts’ leads by creating high-growth start-up companies, rather than traditionally small, family businesses. This hot new connection to consumers in Japan has been tracked and documented by Richard Dasher, Director of the USAsia Technology Management Center at Stanford University. In regards to the Japanese, Dasher says, “They are very interested in partnering and doing good business. Some have great ideas. It may be that it will be better to grow their businesses early on in the United States, rather than in Japan. So you may be able to cooperate with them to grow their businesses in the U.S. If you BlackMBA • Spring 2008 99

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Black MBA - Spring 2008 Passion, Purpose and Power Contents Web Browsing From the President & CEO Up Front Advertising for Change CEO to CEO: Straight Talk with Barbara L. Thomas and Renetta McCann The New Executive Search Wealth Building: A Head Start on Investing and Saving Young Continuing Education: Lifelong Learning is Easier than You Think Making Good: Catching up with some of NBMBAA’s 2007 Scholarship Winners On Campus: Universities Win Grants to Fight Poverty Public Service: Does Your MBA Fit in the Government Sector? Bridge Building: Make a Career of Giving Back Steady Speed: Kim Harris Jones Shares what Drives a Successful Auto Industry Career Financial Planning: A New Way to Work Your MBA Global Focus: Keeping up with the Competition Clock On the Move: Member News, Promotions and More Industry Focus: Biotechnology, Energy, Food & Beverage, Global Media and Entertainment Employer Profiles: Campbell Soup, FINRA Financial Finesse: Denise Hales Harrod and CompuCredit Advocate for the Financially Underserved Creating Lasting Change: GE Impacts Quality of Life in Africa William W. Wells Jr.: Finding Strength in Diversity Leaders of Tomorrow® Community Service Program: NBMBAA® and Wal-Mart Partner to Reward Students Who Give Back Reaching Out: NBMBAA® Chapters Give Back to Their Local Communities How To… Buy a Franchise: Understanding the Basics of Acquiring a Franchise After the Gridiron: Keith Sims – Dunkin’ Donuts Franchise Confidential: Paul Hubbard – Papa John’s pizza Strength Through Adversity: Bob and Hortense Bobbitt – McDonald’s On the Ground Floor: Valerie Daniels-Carter – Pizza Hut, Burger King, Auntie Anne’s Use Your Superstar Status: Black Entrepreneurs Break into Japanese Economy Marketing Maven: Odyssey Media Entrepreneur Linda Spradley Dunn Staying the Course: Black Marathoners Share Lessons from the Race Relationship Forum: Soul-Mate Strategies for the Career-Minded Vacations that Matter: Travel to Make a Difference Advertisers Index

Black MBA - Spring 2008

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