Volatility: Expectation and despair arise from our reactions to change; they stem from the common root. Some argue that despair comes from failed expectations, or that we expect because we despair; however, even fulfillment often disappoints. Both are responses to volatility—how we perceive shifts in circumstances. A positive (+) change is expectation; a negative (-) one is despair. Since volatility dominates our world and nothing is static, the magnitude of change matters more than permanence. Understanding volatility is crucial for navigating life successfully. - Joseph’s “just my thoughts”
Video creators often face bankruptcy due to “editing.” Profit is essential for revenue generation; profit is realized only when revenue surpasses costs. “Editing” constitutes a significant “cost” to boost sales. There’s a belief that quality editing enhances the likelihood of sales. While this is somewhat true, survival until a sales surge depends primarily on minimizing costs (editing). It’s not filming, but “editing” that often leads video productions to financial failure. Nonetheless, many production companies fail to adequately factor in editing costs into their overall production expenses. The reality is that a substantial amount of money is tied up in “editing.” - Joseph’s “just my thoughts”