Metaphysics and Concrete Science: A CEO needs both qualities. When a CEO leans more toward metaphysics, they focus on philosophical values to improve the business, which helps for future growth. However, there’s a high risk the business could fail because profits aren’t guaranteed immediately. Conversely, if a CEO emphasizes concrete science more, they can secure profits immediately, but this approach might harm long-term growth. It may seem contradictory at first, but a good CEO must have both. To succeed, you need a noble philosophy and immediate profits simultaneously. Embracing contradictions enables survival. - Joseph’s “just my thoughts”
Starbucks Korea sells a 355ml tall size cup of Americano at KRW 4,500. It contains 3.5% solid matter to at least manifest tastes and flavors. The rest is just WATER. We should simultaneously drink 96.5% of the water to get just a few 3.5% together. The average production cost of 1ml of tap water in Seoul is KRW 0.00051. That's the same as paying about KRW 4,000 for a cup of tap water of about 350ml. We would think of how much we make money by selling coffee, but it's our misunderstanding. As an excuse for a few solid matters of "coffee", they're selling tap water at the unbelievable price of over KRW 4,000. They're making money with the cheapest solvent 'WATER', not 'COFFEE'. But almost all businessmen are trying to sell the solid matters of 3.5% at a high price. The reason, businessmen cannot make money is they make the wrong selection which cannot make money since the beginning. The making structure is first, and the effort is second. - Josep...