Wealth can only be accumulated when ownership is secured by humans. Debt is a relative concept that stems from ownership and establishes the idea that others’ property must be returned to the original owner. Debts are useful when managed properly, but they also come with the burden of repayment. The obligation to return others’ property is rooted in human morality, which is ultimately linked to the foundation of economic activity. Living with good people is a crucial factor in achieving wealth. Therefore, people come before money. - Joseph’s “just my thoughts”
It also means that if I have been fortunate in the way I have lived up to now, misfortune may come one day. Management involves looking at both sides of this coin. When business conditions are good, we need to prepare for tough times , and when business conditions are bad, we need to prepare for better times. If you have experienced misfortunes so far, you should hope that the opposite can also occur. Nothing lasts forever. The universe also changes from time to time, and we must abandon the notion that the society we live in will remain the same. Management is the act of converting uncertainty into certainty. - Joseph’s “just my thoughts”