FY2024 ラジオビジネス英語Lesson(7)
Theme
投資期間について意見を交わす。
Harish and Yuna are discussing the investing time frame. Yuna's surprised by the local business culture, which seeks results in a short period.
Listening point
What do investors think if startups fail to attract clients within the first two years?
They think the business won't grow.
Business scene
Take a wild guess.
What's the maximum maturity investors typically finance for startups?
Well, probably, 3 to 4 years?
No, it's usually up to 24 months.
Just 24 months?
Isn't it too short to produce results for a new business?
Maybe, but that's the culture here.
Investors think businesses won't grow unless they attract clients within the first two years.
That's a tough business culture.
What happens to entrepreneurs who fail in their businesses?
Failure is just part of the journey, and that's how you grow.
If a startup isn't performing well after two years of funding, they might sell the company, get a small cash return, and move on to the next idea.
Huh, that's how the ecosystem works here.
Words and phrases
take a wild guess: 大胆に予想する。
maturity: 期限。満期。
fail: 失敗する。
journey: 行程。遍歴。
cash return: 現金で入ってくる儲け。
Business phrase of the day
Isn't it too short to produce results for a new business?
新規事業で結果を出すには時間が短すぎませんか?
結果を一貫して出せる戦略が必要です。
You need a strategy that can consistently produce results.
研究開発への私たちの投資は結果を出し始めています。
Our investment in R&D has started to produce results.
Alternative expressions
produce resultsの違う表現
Isn't the time too short to make an impact for a new business?
Isn't the time frame too constrained to see any meaningful outcome for a new business?
Upgrade your communication skills
テーマ: 疑問を率直にぶつける
I believe that the more groundbreaking a product or service is, the longer it may take to gain acceptance.
I understand that it depends on business.
But are the criteria for assessment after 2 years more quantitative than qualitative?
What do you think about the culture in Silicon Valley, where results are expected in a very short period of time?
I like that kind of culture. They find it important to release the products at an early stage even if it's not perfect, and try to identify areas for improvement. Some people say the more you fail, the more you're evaluated.
Oh, that's interesting. Given that fast pace of change in the world today, that makes sense.