Joseph's "Just My Thoughts"

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Showing posts with the label self-enrichment

Just my thoughts #0225

Antibiotics are agents that eliminate bacteria. Since bacteria are living organisms, they can develop resistance when individuals misuse antibiotics, resulting in so-called “resistance.” Consequently, antibiotics are not always effective against bacteria. The widespread use of antibiotics can diminish the chances of treating future patients by fostering bacterial resistance. Therefore, pharmaceutical companies that produce antibiotics establish ethical guidelines for fair market competition. It is advisable to administer one antibiotic to target a specific bacterium. However, developing a new antibiotic and achieving profitability typically takes about 20 years, presenting a daunting challenge. Additionally, some individuals aggressively market health supplements, often disregarding ethical considerations. Those involved in health and wellness must exercise great care. - Joseph’s “just my thoughts”

Just my thoughts #0224

There are markets where demand generates supply, while there are markets where supply must generate demand. Las Vegas, a city in the middle of the desert, is a business structure that creates demand from supply. Supplying gambling rooms simultaneously generates the operating income of the gambling room and profits from hotels, transportation, restaurants, and shopping. In a poor business environment, you need to review the essence of your business. If you try without structural change, you will likely tire, and it isn’t easy to expect improvement. - Joseph’s “just my thoughts”

Just my thoughts #0223

A part-time worker at a fast-food chain put in a lot of effort. The worker’s dedication impressed the boss, leading to the firing of other part-timers and an increase in trust placed in this worker. As a result, the worker ended up with significantly more responsibilities while keeping the same salary. I reiterate that structure is more important than mere effort. - Joseph’s “just my thoughts”

Just my thoughts #0222

Humans establish a tacit relationship distance with others without even knowing it. Each person’s relationship distance is different, and it is not permitted to change the distance unless there is a specific reason or motive. Relationship distance is fateful. Sometimes, an event creates an opportunity for others to confirm the unilateral setting of the relationship distance. If the other person agrees to a one-sided distance setting, the relationship continues. All of this is often more informal and tacit. It is nearly impossible for others to change this distance. Therefore, we create a new relationship. - Joseph’s “just my thoughts”

Just my thoughts #0221

Toms Shoes is synonymous with justification marketing through charity. People first praised the idea that if you buy one pair of shoes, you donate another pair to developing countries for free. However, soon after, the donation was criticized by findings from an NGO that indicated it took away jobs for youth in the area. Toms Shoes eventually faced a bankruptcy crisis and decided to hand over management to its creditors. Are there any “good things” in the world? In this hyper-connected society that humanity has never experienced, it is difficult to prevent the deterioration of good intentions or control their effects as intended. Therefore, we must not forget that even if there is something good, it is never something to be proud of. - Joseph’s “just my thoughts”

Just my thoughts #0220

Believing that customers and consumers are identical can be misleading. These two terms are fundamentally different. For instance, parents don’t purchase a diaper after trying it on themselves, and pet owners don’t eat pet food before buying it. When the buyer is distinct from the actual user of the product, it’s crucial for sellers to approach product strategy and purchasing considerations with this distinction in mind. Often, we engage in business without fully understanding the nature of the products involved, which can lead to failure. - Joseph’s “just my thoughts”

Just my thoughts #0219

Once we complete our hard work as a team, we celebrate together with a party. This event allows everyone to set aside any grudges and offer comfort and encouragement to one another. Such emotional exchanges contribute to the overall success of our efforts. Regardless of the work’s significance, its value and meaning diminish without these small yet crucial emotional rewards. In fact, lingering feelings of resentment or vengeance can arise in the absence of such acknowledgment, revealing a complex emotional landscape. A great leader understands and values these emotional experiences. - Joseph’s “just my thoughts”

Just my thoughts #0218

Problem-solving, often referred to as the Great Revolution, starts with seemingly trivial questions. The foundation of all ideas lies in inquiries, particularly those we might overlook. People question out of curiosity and, at times, skepticism. Stating that the answer is readily available suggests that the hint toward a solution stems from a simple question. Inquisition illuminates human intellect. - Joseph’s “just my thoughts”

Just my thoughts #0217

Video creators often face bankruptcy due to “editing.” Profit is essential for revenue generation; profit is realized only when revenue surpasses costs. “Editing” constitutes a significant “cost” to boost sales. There’s a belief that quality editing enhances the likelihood of sales. While this is somewhat true, survival until a sales surge depends primarily on minimizing costs (editing). It’s not filming, but “editing” that often leads video productions to financial failure. Nonetheless, many production companies fail to adequately factor in editing costs into their overall production expenses. The reality is that a substantial amount of money is tied up in “editing.” - Joseph’s “just my thoughts”

Just my thoughts #0216

There is a saying that bears perform tricks and their owners have money. Ownership, and thus rights, are powerful when they become a platform. The odds of making vast sums of money from video creators are small. However, most of them need video editing, regardless of their profits. In fact, rather than making money for video creators, video editing software companies make money. There are far more ads in job openings asking for editors than for video creators. The more online shopping malls there are, the more money delivery companies make. Since business is a competition within finite conditions, the primary virtue of business is to be in the best position above all else. It must be hard to get into the wrong line and compensate for it with something else. - Joseph’s “just my thoughts”

Just my thoughts #0215

Many people who attack and criticize others want to hide their fears. An emotion or intention in the mind tends to manifest when it reacts. The trait of a person who responds with fear is that they excessively hurt others, even when it’s unnecessary. Fear is not a personality; it’s merely the emotion necessary for survival. - Joseph’s “just my thoughts”

Just my thoughts #0214

Affection lacking temperance can turn into violence at any time. No matter how much you love, the other person may not ideally match your expectations, so the time comes when the beloved one wants to avoid the affection you’re pouring out or keep away for a while. A relationship that lacks experience in building trust through moderation has no power to continue when dissatisfaction and regret arise. A healthy relationship involves trusting that temperance is not rejection. Relationships, after all, are energy and power. - Joseph’s “just my thoughts”

Just my thoughts #0213

Texting is locking time in space. Words are a temporal language, and letters are spatial language. Words die out over time, but letters form a “logic” with sentence and word rearrangement. The nobility monopolized this letter. Texting was power. The advent of social media proves that writing is still power. Writing skills, beauty, fun, and benefits are advantageous in this power game. It is the birth of a new aristocrat. - Joseph’s “just my thoughts”

Just my thoughts #0212

Jesus taught, “If you hit your right cheek, turn the other cheek.” One of the actions that the Jewish Qumran community denied and forbade was “pointing with the left hand.” Violations of this rule brought sanctions from the community. To hit the right cheek means the opponent strikes with an unclean left or right backhand. This cheek slap is deliberately insulting and humiliating rather than merely a pain-inflicting action. Therefore, this teaching of Jesus, “turn the other cheek,” suggests not allowing oneself to be struck by the back of the hand and can signify not being helpless but being active in nonviolent resistance without seeking revenge or retaliation. Perhaps this teaching carries a frightening meaning. - Joseph’s “just my thoughts”

Just my thoughts #0211

Now, let’s think about it this way. You have a pig. Your pocket will incur expenses to save the pig. If the pig gives birth to a baby, there are 12 more pigs. The cost of the stock feed increases further, but the total number of pigs increases by 13, and your assets rise. Assets are a means and measure of wealth, although they also increase costs. To achieve wealth, you need to acquire a lot of assets at a low cost. We call the increase in the number of pigs “production” in economic terms. That is, there must be production to obtain assets. Produce anything, whether you create services, compose music, or make a product. Without production, there cannot be wealth. - Joseph’s “just my thoughts”

Just my thoughts #0210

Don’t try to learn from failure... I’ve failed a lot, but I’ve never learned from it. It is a lie to say that you can learn from it even if you fail without fear of failure. It was when I struggled not to fail that I could learn. Failure is only something to accept; you will fail again if you try to learn something from it. Failure is not a tool for learning lessons. It’s not worth it. Human beings learn from unremitting efforts not to fail. Don’t be fooled by petty consolation... Life is short. - Joseph’s “just my thoughts”

Just my thoughts #0209

Corn is a mysterious plant. It is the most viable crop on Earth, but it can only survive with human touch. Corn kernels look like plants born from the premise of human care, as the thick shells wrapping around the corn kernels can rot them if human hands do not peel the shells off. The more corn ripens, the more sugar converts to starch. Therefore, it’s delicious if you harvest it quickly and eat it immediately. - Joseph’s “just my thoughts”

Just my thoughts #0208

Tesla earns revenue through car sales, but its real profits come from other sources. Although Hyundai-Kia Motors sells more cars annually than Tesla, it does not have the same profit structure, which is unique to Tesla. Tesla capitalizes on environmental assets by selling carbon credits each year. While the company experiences overall losses in car sales, the sale of these carbon credits results in surplus income, positively affecting its stock price. Traditional automakers contribute to Tesla’s profitability by purchasing cars and paying fines for carbon emissions. This dynamic is also a key reason why Tesla establishes operations in regions with strict pollution regulations. - Joseph’s “just my thoughts”

Just my thoughts #0207

There are two types of businesses in this world when approached through the value of time and divided by the kinds of business: a business that requires discounting future value and a business that needs a surcharge. The bundle discount is a “future value discount business,” while the loan business is a “future value premium business.” Currently, it is unnecessary, but a bundle of sales is a business that offers customers incentives called “discounts” when they buy what they want in advance. The principal is not returned now in the loan business but must be returned in the future, providing the present incentive as a “delay repayment” in advance. Future discounts and surcharges can exist simultaneously in a business or a product; some enterprises will be ruined by mixing them if they change positions. - Joseph’s “just my thoughts”

Just my thoughts #0206

As the chef gained fame through broadcasting, restaurant profits actually fell. One would expect higher profits with increased fame; yet, the opposite occurred. The restaurant’s original profit model relied on multi-course meals, but the broadcasts focused on just one or two popular dishes. While customer numbers surged, the average price per order decreased. Additionally, costs associated with running a restaurant have risen due to the influx of patrons. The influence of social media is leading to an increasing number of celebrities; yet, their true feelings can be quite complex. Achieving fame can be surprisingly detrimental. - Joseph’s “just my thoughts”