Netflix initially started as a DVD rental service and grew, but it soon encountered a crisis with video streaming technology. Nevertheless, it wasn’t feasible to abruptly abandon the existing business and transition to a digital distribution model, highlighting the significant conflict involved! Video streaming technology is not a complementary service to DVD rental; rather, it serves as an alternative. When expanding or improving a business, it’s crucial to clearly understand the defining attributes of the target product or service. Burgers and french fries complement each other, while burgers and chicken sandwiches are substitutes. - Joseph’s “just my thoughts”
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”