Eastern Riches
One of the greatest “rags to riches” story is about Japan.
And how they became super wealthy very quickly.
It all started with the British and the opium trade in China.
As it happened historically, the British Empire was at its strongest, when the Chinese, during the waning Qing dynasty, were at their weakest.
Europeans were desperate for Chinese and other Asian goods.
But the Chinese and other Asians didn’t care much for European goods.
So the British concocted a fantastic plan.
Not fantastic by moral or ethical standards.
More from a global-corporate empire standard.
They’d go to India, and get some serfs to grow poppies and turn it into opium.
Then they’d sell the drugs to the Chinese, take the proceeds and buy Chinese stuff.
Old School Barter
Then they’d sell the Chinese stuff in Europe and make a ton of money.
When all this was happening, the Japanese were still very isolated.
But they were very aware.
They knew it was only a matter of time before the Europeans came knocking.
And when they did, they were ready.
Instead of passively hoping they wouldn’t be treated too harshly like the Chinese and Indians, they decided the best defense was a good offense.
They make a deliberate, state level decision to BECOME an empire.
They figured this was the best way to avoid becoming a vassal state.
So they sent all their scholars and scientists and business leaders all around the world.
Learn And Dominate
To specifically learn from their “enemies.”
So they could do better than their enemies.
One interesting aspect of business they learned from California wine makers.
Why do you guys buy cork from Germany when you can source it locally?
When you buy a bottle of our wine, said the winemakers, you buy the best ingredients from all over the world.
This idea, at that time, was completely foreign to the Japanese.
They figured they’d always be poor, since their country was tiny without a lot of natural resources.
But this idea was the secret that made modern Japan what it is today.
It all started with cotton.
First, they imported cotton in bulk.
Something they didn’t have.
Old School Business
Then they used these looms, built by the British, another thing they didn’t have, and wove the cotton into textiles.
And because they were so efficient at doing that, they got rich.
Very, very rich.
Very, very quickly.
They looked out into the world, once a terrifying and scary place that they’d hid from, and extracted what they needed from the world.
Then they put those things together better than anybody else, and made a fortune.
What about you?
Is the world a scary place that you hide from?
Or are you going to look it in the eye and do BETTER than the world?
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