Being one of the successful women entrepreneurs, Miwako Date has some notable advice for entrepreneurs. Find them here!
Miwako Date is a prominent businesswoman and the President and CEO of Tokyo-based Mori Trust Holdings. She is the granddaughter of the late property tycoon Taikichoro Mori, who founded the Mori group. Miwako grew up watching her grandfather and father building a real estate business which inspired her to overtake and grow it.
She took over the business from her father, Akira Mori, in 2016. Today, Miwako Date is leading one of the largest real estate brands and the first to bring foreign hotels like Hilton and Marriott into Japan. As a successful entrepreneur, Miwako Date offers some valuable insights and advice for entrepreneurs.
1- Embrace The Change and Take Risks 
For those looking for business tips entrepreneurs must consider it. For Miwako, success in business doesn’t come from standing still – it’s about evolution. In an ever-changing market, adapting and being open to new ideas is critical for sustained success.
Whether it is expanding into a new market or refining the existing process, Date believes that change is the drive to growth.
Will To Grow
Miwako inherited the business, but she took it to new heights with her passion. She struggled to stand in the competitive hotel industry. During the pandemic, when everything was paused, she had future plans.
In the hotel industry, where the market can fluctuate with global trends, geopolitical issues and economic conditions, her robust strategies and passion for hospitality allowed her to take those risks. Her advice for entrepreneurs is to focus on building a stable core and then branch out, always prepared to adapt to the landscape.
2- The Importance Of Resilience
According to Ms Date, holding your grouds and being resilient is what is required to become successful. She says that during times of economic downturn and crises, many businesses struggle to secure funding, and many investors become more risk-averse.
Her advice for entrepreneurs is to not only focus on securing funds during prosperous times but also develop relationships with investors and partners who understand the long-term vision and are willing to invest during economic uncertainty.
This advice resonates deeply with the current business climate, where entrepreneurs must be agile and prepared to navigate a world that is constantly shifting.
Some other advice for entrepreneurs by Miwako Date are:
- Stay focussed on the long-term vision
- Build strong terms in the market and collaborate
- Create value, not just profits, especially in the hospitality sector
- Perseverance is key
Miwako Date’s journey is a powerful example of how entrepreneurs can navigate through both the highs and lows of the business world. These business tips for entrepreneurs promise to stand you as an entrepreneur and your business out.
