Most people tend to underestimate themselves excessively. Many say, “Humility is the virtue,” perhaps influenced by social environment and education, but it’s more about recognizing mistakes and limitations than about one’s own potential. That is, self-judgment based on experience. Of course, there will be mistakes and limitations in the future that we haven’t yet encountered, but the possibilities and achievements will be just as numerous. If we assume the odds are about equal, then we shouldn’t need to underrate ourselves. Excessive self-confidence or showiness is a problem, but so is underconfidence. Too much or too little is called arrogance. In Christianity, it’s considered “sin.” - Joseph’s “just my thoughts”
If a New Zealand fisherman catches a seabream in New Zealand, he makes a profit of $9 per kilogram, but if a tourist catches it, $88 goes back to New Zealand. This is because to fish a seabream, the tourist has to spend money on flights, hotels, and all sorts of rentals. The opportunity cost and value-added will change as B2B becomes B2C. - Joseph's "just my thoughts"