Making money and avoiding losing it are two different things. There is no guarantee that you won’t lose the money you’ve gained just because you make money well. Wealth can’t be achieved unless it’s supported by the right attitude toward money, proper management principles, and the psychological mindset and self-control suitable for the situation. You can gain some wealth through your skills and abilities, but this is less about being wealthy and more about your psychology, attitude toward money, and worldview. Therefore, being smart doesn’t necessarily make you rich. Most importantly, you need to have a clear understanding of your own identity. - Joseph’s “just my thoughts”
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”