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Showing posts with the label fisherman

Just my thoughts #0589

A price starts with a ‘declaration,’ is maintained by people giving credit to it, and fluctuates with the laws of supply and demand. The starting point of the price is not determined by people’s recognition, but by my own insistence. In other words, if you cannot assert yourself, you cannot start a business, and even if you sell your labor, you cannot receive a proper salary. Value formation is not a matter of good or bad abilities, but rather about being assertive. If you are not good at asserting your own price, even if you have excellent abilities and skills, then you have to live by the values set by others. - Joseph’s “just my thoughts”

Just my thoughts #0043

If a New Zealand fisherman catches a seabream in New Zealand, he makes a profit of $9 per kilogram, but if a tourist catches it, $88 goes back to New Zealand. This is because to fish a seabream, the tourist has to spend money on flights, hotels, and all sorts of rentals. The opportunity cost and value-added will change as B2B becomes B2C. - Joseph's "just my thoughts"