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Just my thoughts #0390

If we don’t have something, we often think we don’t have it at all. However, even when we possess nothing, we fail to check if someone around us has something, and we simply give up. If someone nearby lacks it, we give up immediately. We struggle to identify the next person around us, don’t inquire about introductions, and we lack the courage to reach out. In difficult situations, we see only the fact that we have nothing substantial and can’t contemplate anything beyond that. No, we don’t even attempt to change our mindset. People falter not because they lack resources, but because they don’t think or have the courage. Even though we should live with wisdom instead of just hard work, we often labor tirelessly but without insight. This leads to more downfall; it feels like choosing to perish. Doing our best doesn’t equate to merely working hard. We strive for achievement yet work diligently without being wise. Consequently, we find ourselves falling again. - Joseph’s “just my thoughts”

Just my thoughts #0030

Questions. Who is the biggest threat to GM? 1. Hyundai Motor 2. Tesla 3. Google 4. Consumer Well, how about this? 1. Which gasoline car should I buy? (Competitor: Hyundai Motor) 2. Should I buy an electric car or a gasoline car? (Competitor: Tesla) 3. Should I buy an autonomous car? (Competitor: Google Waymo) 4. Should I buy a car? (Destroyer: Consumer) In this context, the biggest threat to GM is a shared car service company like Uber. Innovative technologies trigger market change, but business models are ultimately the most creative and disruptive. Innovative technology comes next. The biggest causes of business problems are business models first, and the second is business models too. In other words, the key to success is the same. The original business model has to change and evolve. - Joseph's "just my thoughts"