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Showing posts with the label demand

Just my thoughts #0769

What in this world isn’t influenced by politics? Politics shapes art and media alike. It involves governing the world and making decisions that determine the future. Art is a product of that influence. Works of art, media messages, and knowledge recorded in books reflect the spirit of the times and offer clues about what’s ahead. Investing is a risky venture in an uncertain future. Therefore, the ability to appreciate artworks and interpret media messages is a vital skill for professionals in investment. Someone who ignores the arts, the progress of knowledge, and the flow of media messages is unlikely to make wise investments. Loving art purely to gain wealth isn’t ideal, but having a passion for art can help you recognize opportunities for wealth more quickly and sensitively than others, making a life close to art a truly fortunate one. - Joseph’s “just my thoughts”

Just my thoughts #0255

Revealing all your attractiveness and skills at once is unwise. This principle is also relevant in business. In marketing, creating “waiting demand” can occur when a superior product model is announced in advance, pressuring customers to postpone their purchases. This phenomenon is known as the “Osborne Effect,” named after the Osborne Computer Company in England, which introduced an excessively innovative computer named Vixen and subsequently went bankrupt the following year because existing products could not be sold. Innovating and guiding your current customers is never a straightforward task. - Joseph’s “just my thoughts”

Just my thoughts #0224

There are markets where demand generates supply, while there are markets where supply must generate demand. Las Vegas, a city in the middle of the desert, is a business structure that creates demand from supply. Supplying gambling rooms simultaneously generates the operating income of the gambling room and profits from hotels, transportation, restaurants, and shopping. In a poor business environment, you need to review the essence of your business. If you try without structural change, you will likely tire, and it isn’t easy to expect improvement. - Joseph’s “just my thoughts”