If you are intelligent, your chances of becoming wealthy are relatively high, but being smart alone doesn’t necessarily make you rich. Wealth can only be achieved when other vital factors come into play, such as those who understand how to judge legal rights in transactions beyond just intelligence, and those who can establish governance or maintain relationships. Luck refers to a situation where all these different conditions are easily satisfied. This happens when I acquire it because all important and diverse conditions align at the same moment and place. Therefore, a deal or opportunity that genuinely works for me shouldn’t be complicated. The more complicated it is, the more likely I am to be scammed. The human brain is wired to seek simplicity. Our brains consistently choose efficiency. - Joseph’s “just my thoughts”
Even though a country's total population is decreasing, the economic situation could be improved by increasing the total economic activity of the remaining population after the decrease. Of course, there is a statistical population threshold below which this effect occurs. Nevertheless, this effect would not work in the case of a force majeure, such as a natural disaster or the outbreak of war, however, this assumption would be valid because a rapid population decline is a highly exceptional event that would not normally occur. Therefore, an increase in the economic activity of this population should be required during an economic recession. Applying this perspective, for building a solid relationship with your followers on Instagram, the number of followers is less important than the activity between them and you. This is called the "Engagement Rate (ER)". - Joseph’s “just my thoughts”