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”
According to a cognitive psychologist’s study, creativity is closely related to goal setting. Even though it seems less likely than it does for someone who simply sets a viable goal, a person who sets an unusual goal is more likely to have the ability to connect unrelated elements. In terms of creativity, “dreaming” is more important than planning. One of the things artificial intelligence can’t do on behalf of humans is engage in this act of dreaming. - Joseph’s “just my thoughts”