Small Fun: Although not essential, small fun helps prevent corruption and depravity, and keeps greed in check. In fact, the key to controlling greed isn’t moderation, but small fun itself. However, if that small fun ever disappears—leaving you bored or unmotivated—it’s important to take time for self-reflection. While big fun doesn’t last long and can actually fuel greed, by contrast, small fun supports steady effort and offers you time to reflect leisurely. Therefore, to live a happy life, we must find some small fun. - Joseph’s “just my thoughts”
An important aspect of understanding your business ecosystem is knowing your position within it ( positioning ), whether you hold a higher or lower (subordinate) role, and whether your offerings are substitutes or complements . Netflix started as a DVD rental service. With the rise of online streaming , Netflix saw it as a replacement for DVD rentals. Kimbap and Ramen are complementary goods , but Ramen and Udon are substitutes. This is why, even when setting up a snack bar, paying attention to the menu is crucial. Complementary goods increase sales, while substitutes are more likely to lead to no change or even a decline in sales. - Joseph’s “just my thoughts”