Chain Reactions and Links: A phenomenon where one event continuously influences subsequent events, connected by a common link. For example, when the central bank raises the base rate, interest rates at private banks increase, which raises the cost of loans for citizens and leads to higher prices. Interest from central banks, interest from private banks, interest on loans from citizens, and increased production costs are all interconnected, so a change in one part affects the entire system. This is a chain reaction. A decline in one area can cause missed revenue opportunities because everything is connected. The link creates this connection. In the example above, the link is the act of borrowing money, which is essentially a loan. To stop the chain reaction, you must identify and break the link in the chain. - Joseph’s “just my thoughts”
It doesn’t make it sell well; it’s about choosing and focusing on what has sold well. You can expect it to sell well, but you can’t predict that it will sell well. Conversely, it’s much wiser to put it on the market to see if it genuinely sells well while holding your expectations, and then discard it if it doesn’t sell, focusing only on what does sell well and developing it further. Thoughts are crucial, but they don’t create any wealth. Market choices create wealth. Start small and try to manage your risk. Don’t gamble; instead, verify.
- Joseph’s “just my thoughts”
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