Let’s say you have two options. If you press the blue button, you will receive 1 million USD, and if you press the red button, you will receive 10 million USD, but the probability of winning is 50%. Which button would you press? If pressing the blue button is business, pressing the red button is gambling. In other words, depending on your attitude toward the relationship between risk and reward, we can determine whether we are suitable as managers. But if you press the red button with a 50% chance of winning and you don’t win, and you have to pay a fine of 1 million USD, would you still press the red button? The relationship between risk and reward influences people’s behavior. Business is about creating a structure that is advantageous to me, and building a system in which the structure continues to benefit me is called management. - Joseph’s “just my thoughts”
Making money is far more addictive than spending it. Once you earn money, the pathway to creating more becomes clear. If you try that method and succeed again, then money-making becomes a religion beyond mere addiction. When this method is experienced as an accomplishment, one must remember that the purpose and core motivations suddenly shift from their original intent, leading to corruption. Addiction knows no distinction between good and evil and disregards the line between the sacred and the secular. Be cautious of becoming addicted to seemingly good things. Anyone with a firm conviction of good and evil should always raise concerns. - Joseph’s “just my thoughts”