Skip to main content

Posts

Showing posts with the label fisherman

Just my thoughts #0402

It doesn’t make it sell well; it’s about choosing and focusing on what has sold well. You can expect it to sell well, but you can’t predict that it will sell well. Conversely, it’s much wiser to put it on the market to see if it genuinely sells well while holding your expectations, and then discard it if it doesn’t sell, focusing only on what does sell well and developing it further. Thoughts are crucial, but they don’t create any wealth. Market choices create wealth. Start small and try to manage your risk. Don’t gamble; instead, verify. - 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"