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”
Some individuals take the easier route instead of engaging in laborious tasks. It can be frustrating, but often there are clear reasons behind these unreasonable circumstances. In such cases, it’s tough to change the individual because they are embedded in an irrational structure. The issue lies not in the personality itself but in this structure. Changing the structure can lead to changes in personality. In reality, personality remains the same; it simply holds different significance within the context of the structure. - Joseph’s “just my thoughts”