Uber is redefining the transportation industry now; Airbnb is doing it to the hotel industry. You can expect that to happen in every single industry. Masayoshi Son More Quotes by Masayoshi Son More Quotes From Masayoshi Son I don't care about the sort of things that will bring in chump change over the next two or three years. I think I'm better than others at sniffing out things that will bear fruit in 10 or 20 years while they're still at the seed stage, and I'm more willing to take the risks that entails. Masayoshi Son two years thinking I haven't invented anything earth-shattering. If I could be said to have one noteworthy ability compared with the average person, it's that I have a keen interest in reading the direction and timing of paradigm shifts. Masayoshi Son reading earth average Having made up my mind, I went to see Steve [Jobs]. I brought a hand-drawn sketch with me, and I said, "Please make something like this." He said, "Don't show me such an ugly design sketch." But he also said, "You've got the right idea. I totally agree that the time has come when we can make the ultimate mobile machine." Masayoshi Son jobs hands ideas Jack's [Ma Yun ] theory is that whoever controls data controls the world. Masayoshi Son data theory world I thought I might spend the rest of my time on golf. But thinking about it now, I'm happy playing whenever I have some downtime in my busy schedule, and even if I had all the time I wanted to play, my score probably wouldn't be very good. Masayoshi Son play golf thinking I would say that hardware is the bone of the head, the skull. The semiconductor is the brain within the head. The software is the wisdom and data is the knowledge. Masayoshi Son data skulls brain Whatever the country, whatever the culture, whatever the time, when you become a big enough organization, you start to collapse and slow down. Masayoshi Son organization country culture I'd met Simon [Segars] for the first time in London. He struck me as a quiet, natural-born engineer and an orthodox successor [to East]. He has a home in Silicon Valley, and he said it's just a few minutes' drive away from mine. Masayoshi Son london home firsts If something happened, like engineers starting to quit, things would go downhill fast. Masayoshi Son quitting starting engineers But a big paradigm shift is staring us in the face. If I left things to someone else despite having my own thoughts on it, I wouldn't be true to myself. Masayoshi Son being-true bigs faces I'm a man, and I think every man wants to be No. 1. Masayoshi Son want men thinking I think I would have kept in contact with venture capital investors and entrepreneurs. I'm sure staying involved as something like a coach would be fun. If I handed over the reins to a successor, I wouldn't stick around [to pull strings] like a retired emperor. Masayoshi Son entrepreneur fun thinking [Simon Segars ] came by a few times.I told him, "If you understand the future of the internet of things that much, then you should add more engineers and go on the offensive." Simon had explained to analysts and others that he intended to do that sort of forward-looking investment, but he said it's tough for a listed company considering its share price falls if profits drop. Masayoshi Son goes-on add fall Our proposal had more than just money. We would increase their staff and keep their headquarters, their brand and their management in place. We made them a comprehensive offer they couldn't refuse. Shareholders simply receive cash, but with the staff and management, we had to show that we could share the same vision. Employees would probably resent us if money were all [we offered]. Masayoshi Son cash vision management When I look at the growth of U.S. and Chinese companies, I feel strongly it's not good enough. Masayoshi Son business The conductor doesn't play anything but actually he plays everything. Masayoshi Son money I think they're too cheap. Masayoshi Son business This is [ a ] fantastic opportunity, because of the leadership, because of the location, because of the people in the kingdom, we can make it happen. Masayoshi Son technology I couldn't have decided such a thing before this new President. Masayoshi Son business I have spent 97 percent of my time on managing the telecoms business and only 3 percent on investing. Masayoshi Son business
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