Founders often start a business without understanding their profit model. People are more likely to fail because they only think, “I have to work!” and don’t truly grasp how and why they can make money from it. They don’t understand the concept of capital, meaning the basic funds, nor do they understand the founder’s equity. They have heard the terms often but don’t really know their meaning or importance. They don’t recognize it, although they may have heard of it a lot. You start a business and partner with others without knowing whether your return is the reward for taking risks, giving up current interests, or sacrificing competitors. Understanding this is a fundamental part of entrepreneurship. Yet, in reality, they run their business without considering these issues simply because they need to work and can do so at the moment. - Joseph’s “just my thoughts”
Approximately 85% to 90% of the global population is right-handed, while the remainder is left-handed, with very few being ambidextrous. Throughout history, horses have served as a primary mode of transportation for humans. Typically, right-handed individuals mount a horse from the left side, relying on their right hand to grasp the saddle for support. If a person approaches the horse from the edge of a busy road on the left, this naturally orients the horse’s movement toward the left side of the road. Consequently, human anatomical tendencies have influenced the direction of road traffic. This practice led to the establishment of the left-hand shipping rule for vehicles, ships, planes, and even space shuttles. Thus, our civilization on Earth represents a legacy shaped by human anatomical traits. - Joseph’s “just my thoughts”