Unless you are self-sufficient, you must trade your products for those of others to survive. An exchange economy was established for the efficient survival of humanity. Economic activity leads to wealth accumulation, so for wealth to exist, there must be a counterparty. This means you cannot thrive on your own. However, having many counterparties also means that some of them could compete with your business. Exchange becomes straightforward only through the establishment of a price, which acts as an indicator of competition. Trading at a high price could generate significant wealth, but competition can hinder success. In other words, I survive because of others, while my survival is also threatened by them. Business inherently involves competition. This is why any business plan must include a strategy that considers competition. - Joseph’s “just my thoughts”
A willingness to work less and play more is often reviled more than an attitude of passion and hard work. Implicitly, the stereotypes that “live passionately is cool” and “you must succeed as much as you try” are ingrained in our consciousness. However, this perspective overlooks another significant, less visible aspect: efficiency. The issue lies not in laziness but in settling for reality; instead, we should focus on making life more efficient to uncover the benefits of laziness, which has indeed changed the world in revolutionary ways. I am very interested in laziness. Revolutionary opportunities often lurk among lazy people. Nonetheless, that doesn’t mean I dislike hardworking individuals. - Joseph’s “just my thoughts”