Survival is true success. No matter how successful you are, you can’t grasp the fruit with your hands if you can’t survive, and survival itself results from choosing excellence—something no one can fully attain. Of course, luck also plays a role in survival. So, survival is never easy. During tough times, these words of wisdom can help: “This too shall pass.” But we also need to prepare for what to do once that “passing time” has truly gone by. When you succeed, remember, “This too shall pass.” Whether it’s good fortune or disaster, success or failure, you should see all of these as just “processes.” However, if you see them as “conclusions,” everything is wasted. These attitudes demonstrate why a peaceful mind is the most useful and humility is the most valuable asset. In front of the “process,” everything is a high-variability asset whose value shifts. Even suffering follows the same principle. - 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”