The examples of successful people should serve only as references, but you should use them as opportunities to reflect and consider yourself as the key to success. If you generalize the success secrets of successful people, you will eventually end up with meaningless advice that offers hope, and you might even undermine yourself. The circumstances, timing, qualities, and talents of successful people are not the same as mine, so it’s risky to generalize their secrets. Instead of making such broad assumptions, you can only succeed if you develop your own philosophy and approach based on your inclinations, qualities, and circumstances, using success secrets as inspiration. No matter how good the clothes are, if they don’t fit my body, they are useless. - Joseph’s “just my thoughts”
In business, capital means business funds. A successful entrepreneur often says, "I started my business without any capital". It's partly true, but it's a lie. The entrepreneur just said that capital means only cash. However, all kinds of businesses need to be fundamentally business funds in any even not cash. The entrepreneur didn't count the founder's labor cost. No inputs, no outcomes. The uncounted labor costs are called "alternative costs" or "opportunity costs". This comes from comparative advantage. If the entrepreneur doesn't accept the uncounted labor cost as a debt, the entrepreneur is equivalent to losing the profit due to opportunity costs. Please always remember this. There is no free lunch in this world. - Joseph’s “just my thoughts”