All businesses ultimately converge in real estate and finance. This is an unavoidable fate. Real estate is the smallest unit and foundation of production activities, with a price calculated in real terms. Volatile assets that have a real price and whose prices fluctuate frequently must generate interest or dividends. Rental fees for an office or store are typically sufficient for the business operator to pay the interest on the loan owed by the lessor, the real estate owner, to the bank, akin to the real estate owner holding a particular share of the lessee’s business. Therefore, a lessee capable of paying interest on a property as a rental fee is the strongest candidate to own that property. This fact serves as strong evidence that business is closely linked to real estate. After all, most businesses grow in size and have two asset structures: their basic operating sales and real estate revenue. Without an efficient connection between these two structures, a business will never expand...
The wall feels uncomfortable and unclear primarily because it is vertical. Its thickness and height are not the key issues; what matters is the slope. If the slope is mild, anyone can ascend it, regardless of the wall. Thus, it’s advisable to steer clear of climbing walls and to do hills. Life’s challenges stem from the endless cycles of rising and falling rather than simply from the effort of climbing upward. - Joseph’s “just my thoughts”