Netflix initially started as a DVD rental service and grew, but it soon encountered a crisis with video streaming technology. Nevertheless, it wasn’t feasible to abruptly abandon the existing business and transition to a digital distribution model, highlighting the significant conflict involved! Video streaming technology is not a complementary service to DVD rental; rather, it serves as an alternative. When expanding or improving a business, it’s crucial to clearly understand the defining attributes of the target product or service. Burgers and french fries complement each other, while burgers and chicken sandwiches are substitutes. - Joseph’s “just my thoughts”
To achieve your goals, your will and attitude must change accordingly. For instance, if you set a goal to become wealthy, your mindset, attitude, and actions must also align with that goal. The consequences of our actions ultimately shape our lives. Simply understanding something does not lead to change. Those who genuinely want to change their behavior will do so. Before you reach your goal, your will and attitude must adjust to support that direction. Life is a genuine battlefield. - Joseph’s “just my thoughts”