Joichi Ito, a serial investor, businessman and the founder of Creative Commons, the internationally known non-profit organization which issues free-of-claims copyrights to creative individuals and companies. He recently shared his experience with BBC News.
According to Mr. Ito, the key to success is a non-standard idea coupled with tenacity and dedication.
“Every single company I did failed,” he said about his first decade as an entrepreneur. However, Mr. Ito’s innovative ideas lead him to great success: he has invested into many widely known social networking and software businesses such as Flickr, Six Apart and Twitter. An outspoken supporter of sharing economy and the important role of the Internet in shaping democratic processes, he was chosen by the World Economic Forum in 2001 as one of the “Global Leaders for Tomorrow’.
In general, his investor’s choice is in favour of online businesses. Unlike any others, which are encumbered by financial and other copyright-related issues, internet businesses according to Mr. Ito ‘are based on these open standards that allow interoperability and people to participate without asking permission, people to innovate without asking permission.’
Joichi Ito is generally known to be a man of wide interests and and a sharp eye for non-material things as such. The idea to develop social networking came to him, while observing young people in Chicago nightclubs where he worked as a DJ.
“People and communities and networks are what I’m interested in,’ he says. ‘I realised that in the sort of working-class community of the nightclubs there was a lot of very interesting stuff going on… The communities, people caring for each other.’
- Social Media Week In Hong Kong Highlights Asia’s Differences (businessinsider.com)
- SPECIAL FEATURE: What’s in my bag?: Joi Ito (boingboing.net)
- Parker Ito (itsnicethat.com)
- Gradient Wooden Carpets – Ora-ito Reinvents The Look of Hardwood (TrendHunter.com) (trendhunter.com)
- Machine Turns Plastic Bags Into Fuel (blogs.forbes.com)
- PS: Hindi ito sadya :p (marsheemarsh.wordpress.com)
- Akaba leaves Ito behind in Osaka (search.japantimes.co.jp)
- What I’m working on – RDTN (seanbonner.com)
- Dy News April 12, 2011 (dongyanfever.wordpress.com)