Partnership: We can’t operate alone. Transactions involve counterparties. Ultimately, business is about establishing and managing relationships with others. Without mutual benefit, trade falters and conducting business becomes difficult. When starting a business, keep a partnership in mind. The key to a partnership is “how to share,” not “how much to earn.” If the distribution isn’t rational, distortions will occur within the organization, which can harm the bottom line. Failing to distribute fairly or according to the situation increases the risk of business failure. Breaking up with a partner might seem better sometimes, but the core conflict remains; only it shifts from internal to external. To succeed in business, focus on distributing profits effectively rather than solely increasing them. Learning to distribute well is essential. - Joseph’s “just my thoughts”
In 1958, German psychopathologist Klaus Conrad introduced the term “Apophenia” to define the cognitive process of identifying patterns and connections between entirely unrelated ideas. While this phenomenon significantly contributes to human creativity, it can also result in misconceptions or mistakes. This type of error is referred to as “Pareidolia.” Interestingly, both maniacs and geniuses may stem from similar origins.
- Joseph’s “just my thoughts”
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