Joseph's "Just My Thoughts"

An asset is the foundation of all economic activity. If you have assets, you can run a business and settle your debts. The ways to create assets are ‘how one works,’ ‘how to receive gifts from others,’ and ‘how to purchase assets made by others.’ There is a way to steal, but it is a crime. If you don’t initially own an asset, the simplest and almost the only way to create one is to produce something with your own labor. Whether the product is a service or a good, it must be produced unconditionally. Trading products creates added value. Thinking about trading later and making products first is the fastest and most basic way to escape poverty. Therefore, produce even the smallest things every day. Knowledge, records, art—whatever! - Joseph’s “just my thoughts”

Everything that is expressed and recorded externally, such as cell phones, computers, memos, books, and drawings, is an extension of the brain. Our brains aren’t just inside our bodies. This concept is important because extending the ego greatly influences how we see the world. We pay close attention to topics that involve us personally. Self-relevance is a key factor that drives our lives. Personal relationships and possessions get a lot of focus, while other areas seem less important. This is due to a feature of the human brain called ‘selective cognition.’ As civilization advanced, humans delegated parts of the brain’s functions to machines. It was inevitable to make good use of these tools. We should take an interest in the Homo Faber. - Joseph’s “just my thoughts”

Emotions are a vital asset. They form the raw material of the energy and vitality that drive human action and push life forward. Emotions act both as a tool for expressing one’s personality and as a basis for making important decisions. Therefore, how effectively you typically manage your emotions influences the direction and quality of your life. This is also why positive people tend to be successful. - Joseph’s “just my thoughts”

Joy and resentment are emotions, but they carry energy. That energy greatly influences my life. The lesson adults teach about not making enemies is based on their own experience of that influence. When we go to court, we often see many people there because they harbor resentment, whether in civil or criminal cases. That demonstrates the power and impact of resentment. Ignoring emotions will eventually have consequences. Don’t make enemies; instead, always choose to share joy. - Joseph’s “just my thoughts”

Virtualization is practically an extension of reality and, financially, a different way of representing ownership. Ultimately, reality exists in our perception, which we experience and verify. Our senses serve as tools that transfer information from the external world into our brains, where this data is then reconstructed in our perception. The reason we dismiss digital currencies is that we see virtual things as “non-existent.” However, if you think about it, the state of existence varies depending on whether it is virtual or physical, and all information processing takes place within our perception, only providing feedback to reality. In perception, the difference between virtual and real is meaningless. - Joseph’s “just my thoughts”

Some people hear that their business success rate is only 10%, so they try to avoid being part of the 90% who fail and put a lot of effort into becoming part of the 10% who succeed. In contrast, others allocate just 10% of their total effort to each of their 10 businesses, hoping that one will succeed. Since only one in ten founders succeeds, the latter approach is better because success in this world is a matter of probability. - Joseph’s “just my thoughts”