Rejection Cost. From the perspective that my profit is someone else’s loss, and someone else’s profit is my loss, the fact that I have to reject an opportunity to make money for my circumstances is a loss for me and an act of giving someone else a profit. In other words, my added value is not determined solely by productivity but also by the marginal utility generated by the law of supply and demand. Therefore, my labor price should reflect the value that I have given up—the profit I could have gained. If the rejection cost is not included in my profit, I will be at a loss to that extent. Failing to account for rejection costs in production expenses is not wise, but foolish, because it risks my survival. There is no absolute value in this world. All economic values are relative. - Joseph’s “just my thoughts”
A heart’s wound heals not through will but through chance. If we fixate on our lingering emotions and pain, we will endure even greater suffering until we encounter that chance. Emptying our minds isn’t just a trendy idea; it’s essential, as clinging to stubbornness leads to futility. I realized this truth after overcoming my stubbornness, which ultimately brought me far more happiness and joy than regret by freeing myself from it. - Joseph’s “just my thoughts”