Tentativeness is rarely out of fear of consequences, but rather fear of unknown consequences, and there is a distinction.Tentativeness is rarely out of fear of consequences, but rather fear of unknown consequences. Click To Tweet
A Japanese government ministry official in charge of supporting small to medium size businesses said a recent event in Tokyo said that a shocking number of profitable privately-owned small to medium sized companies with perfectly viable businesses are simply closing as their aging CEOs are unable to find a reasonable successor. The children of the owners who might take over the family business frequently lack either appetite or the aptitude to do so, and few if any possible buyers for the business ever materialize. Rates of entrepreneurship in Japan in general are about half of other OECD countries.