Why so many of the world’s oldest companies are in Japan | Bryan Lufkin
Interesting read on why so many of the world's oldest companies are in Japan. And when they say old, they mean really old. Like a construction company that's been founded in 1610. Or a tea house that's been open since 1160 AD. Or, how about a hotel that's been open since 705 AD!
It was also interesting to read about the differences in mentality between business owners in Japan and the West. In Japan, they are focused on keeping their business running for as long as possible. Meanwhile most western companies are focused on rapid growth and dominating the competition.