It is said that greed leads to ruin, but before that, it also leads to regret. In other words, the result of regret is ruin. If there is no greed, there is no regret. Greed also triggers sensitive and excessive reactions to wounds. The sensitive response of a human being is linked to wounds, and those wounds reinforce greed once again. Greed provides the strength to face hardship, but success often becomes the seed of a curse because of its aftereffects. We cannot completely eliminate greed, but our lives can be happy only if we manage it wisely. - Joseph’s “just my thoughts”
In 2019, the coffee shop franchise Banapresso had 47 branches in Seoul, 35 of which were concentrated in the Gangnam and Seocho districts. There were even other Banapresso stores within 200 meters of each other. It was denser than Starbucks. 100% of orders were placed through kiosks and mobile apps. The elders thought it would be hard to place an unattended order, but when they tried it, they were impressed with how seamlessly they were connected to the register. An Americano costs KRW 1,500 (about USD 1.27). There was only one employee. Everything was ordered at the touch of a button and the coffee was served within 40 seconds. All the bread was made at a nearby headquarters and distributed in batches. Banapresso was the antithesis of a traditional coffee franchise. Its parent company is an IT company that operates a ride-hailing app. The same business can be completely transformed into a different business model, due to the interpretation and context. - Joseph’s “just my thoughts”