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”
The attitude toward my family reflects who I truly am. Similarly, your attitude toward your friends reveals who you genuinely are. I can’t perceive myself directly; we need a mirror to comprehend our reflections. This mirror exists in the most intimate aspects of our surroundings, especially in the casual moments of daily life. - Joseph’s “just my thoughts”