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Just my thoughts #0752

An important aspect of understanding your business ecosystem is knowing your position within it (positioning), whether you hold a higher or lower (subordinate) role, and whether your offerings are substitutes or complements. Netflix started as a DVD rental service. With the rise of online streaming, Netflix saw it as a replacement for DVD rentals. Kimbap and Ramen are complementary goods, but Ramen and Udon are substitutes. This is why, even when setting up a snack bar, paying attention to the menu is crucial. Complementary goods increase sales, while substitutes are more likely to lead to no change or even a decline in sales. - Joseph’s “just my thoughts”

Just my thoughts #0127

She laughed when God said she would conceive a son to the old Sarah. However, Sarah was pregnant and gave birth to her son Isaac, whose name means “smile.” The prophet Nathan rebuked King David in the words of God. David wept. The same God's words, some laughed, others cried. If Sarah's laughter was absurd, David's cry was repentance. The Bible rarely records people's unresponsiveness to God. You are at least worth the life if you can laugh or cry at something. Smile a lot and cry a lot. Life is short. - Joseph’s “just my thoughts”