Influence of Time: Time has the power to change the values of this world and people’s minds. The passage of time—past, present, and future—is only significant to humans, and if there is an all-powerful God, it likely holds no meaning for Him. Time accomplishes many things, and God rules the world through it. As time progresses, people change, and the world changes as well. When time flows, the world transforms, and it is natural for humans to adapt to these changes. My attitude toward time influences my values, which in turn shape my actions and perspectives. My values do not influence time; rather, time influences me. Observation is not just seeing the world but also seeing myself. It is a wise attitude to judge both myself, who is affected by changing times, and the world, which is already in flux. - 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”