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”
Plants produce a toxin called alkaloids for their protection. Over 200 types of alkaloids exist in nature, and they are known for their bitter taste. Humans dislike bitterness and prefer sweetness. Among taste receptors, there are four times as many receptors for detecting bitter flavors compared to other taste perceptions, which is believed to be an evolutionary adaptation for safety against toxins. Fear is an instinctual response in humans to ensure security. Aversion to pain may also serve as a survival mechanism. Don’t be vaguely afraid of fear.
- Joseph’s “just my thoughts”
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