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Just my thoughts #0170

The Japanese restaurant “Hyakushokuya” doesn't hire passionate people. The first recruiter was someone who left out his resume. There are only three menus, and only 100 bowls are sold daily. It's simple, so you learn things in a week even if you're not an expert. Still, the average daily revenue is 130,000 yen. The book's title published by founder “Akemi Nakamura” is “Let's Reduce Sales.” Against performance-oriented management policies. They want reasonable management activities suitable for fractions without overdoing it. However, it was the best-selling company during the Covid-19 pandemic crisis. - Joseph’s “just my thoughts”

Just my thoughts #0151

There are many reasons why a business is difficult. Still, the most general and important mistake is the inability to distinguish between “good and bad revenues” and “good and bad debts.” If you are not competitive, competitors take away good revenues and relatively bad revenues are selected. If the financial situation is bad, it will be possible to choose a bad debt rather than a good one. Sometimes the situation you are in makes a bad choice, but somebody stands up to the bad situation and endures a chance. In other words, emotion and patience are more important than the situation. - Joseph’s “just my thoughts”