Archive for January, 2006

Outrageous Fortunes Series

Thursday, January 5th, 2006 by Alan Yu

I recently just viewed a video done by BBC Three which revolved around large and successful companies and the type of history and practices that were done behind the scenes to make themselves successful. The one that I specifically watched was aimed at Nintendo which I saw at the Google video archive at http://video.google.com/videoplay?docid=2687866789001698114&q=nintendo

This video sure reminds me that when the media wants to make someone look good or bad, they sure over dramatize or emphasize certain points to make the viewer see things according to their opinion on an issue. For me personally, I have always been a person who enjoyed playing video games and since business is also a big part of my life that naturally got me interested in learning more about the business aspects of the game industry. That led me to read a book written by David Sheff titled “Game Over” which dealt with the history of Nintendo and its business practices. It was a great read too for everyone who is interested.

Anyhow, most of the information that was presented in the BBC video was also available in the book, except the book was written in a more positive light wheras the video was presented in a more evil and corrupt corporation type of theme. One of the best examples that stuck out of my head was when the reporter was interviewing Minoru Arakawa, the former president of Nintendo of America, she tried to imply to him that the company discouraged her to find him for an interview as if he had some grudge against the company and could reveal something damaging. From what I saw in the segment, it looked more like they discouraged her from hunting him down out of respect for his privacy.

Throughout the segment they painted a picture that Hiroshi Yamauchi, the former president of Nintendo, was this iron fist and heartless business person that exploited the talents of others to make himself a billionaire. The main talent that they tried to use for this example was Shigeru Miyamoto, the person who created Super Mario. They went on about how his ideas have been such a huge hit and yet he received a fairly small salary in comparison. During the interview, they did try to push the “Don’t you feel that you are making too little money” question to Miyamoto and his response was rather interesting as he mentioned that he liked his position as he did not really have to take risks financially and expressed how taking big risks means making a lot of money and how he does not have to do that.

I thought that was such a great answer as it showed that he recognized and appreciated the difficulties that one must go through in starting a business and I think that level of respect between those two was a big factor in making the company successful. Finding the right people that will work as hard and be as dedicated as you are in helping a business flourish is probably one of the toughest obstacles to overcome. Although presented in a very bias view, the video was an interesting watch and may benefit those who are interested in seeing the type of decision making and scrutiny that goes on behind the scenes of businesses. I wonder if I can find the other videos like the one that was done on Walmart.

Another Year and More Opportunities To Come

Sunday, January 1st, 2006 by Alan Yu

2005 felt like it went by pretty fast, but as always there was a lot to do and learn. I think the theme for me in the year 2005 was generosity as I went out of my way to help a lot of close friends and family members financially. While I enjoy helping others in anyway that I can, I just hope that I didn’t spoil anyone where they would take what I have given them for granted and hence becoming more reliant on others rather than changing themselves to live the lifestyle that they want.

I have also been having a lot of fun writing this blog and the visitor base has gotten fairly high last year. With that also came with some growing pains as the amount of blog spam I am receiving is going through the roof. This actually gives me an idea for the year 2006 that I may try which I think will divert spammers to a more constructive form of advertising and at the same time aid me to reduce all the junk mail. I think interactivity may be another feature I may try as it would be interesting to talk to and answer questions that my visitors may have. Who knows, there are probably thousands of other money saving and making opportunities out there that I have yet to explore and this may be a good way to help publicly screen them out in terms of its viability and legitimacy.

Happy New Year everyone and hopefully 2006 will be a year to remember for everyone.