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Showing posts with the label crisis

Just my thoughts #0571

A ‘transaction’ is an act of debt between parties. The seller owes goods to the buyer (performance debt), and the buyer owes money to the seller (monetary debt). A transaction is considered complete when the debt is settled and the promise to owe each other is called a ‘contract.’ Thus, a good trader or businessman excels at making and repaying debts. When it comes to debt, the type of debt matters. Anyone who misjudges this should not engage in business. - Joseph’s “just my thoughts”

Just my thoughts #0423

It’s not that humans can simply throw it away or empty it because they possess something; instead, they exchange what is outside of them with what is inside of them. If you discard it, you will receive it. The people just don’t understand this law. To obtain what’s beneficial for you, you need to care for your surroundings. This is why self-management is essential. Not discarding—meaning trying to gain without exchanging—is referred to as greed or avarice. The heavier object in the swamp sinks faster. Escape from a crisis comes not from giving up, but from the exchange. - Joseph’s “just my thoughts”

Just my thoughts #0405

What is the difference between an owner who believes that the company should never close in any situation and an owner who believes that our company can shut its doors at any time? Certainly, there are many differences. Fear stems from something that has yet to occur. The awareness sense to which work has yet to happen is a crucial perspective because it profoundly affects business philosophy. The crisis is tied to the range of fear. - Joseph’s “just my thoughts”

Just my thoughts #0221

Toms Shoes is synonymous with justification marketing through charity. People first praised the idea that if you buy one pair of shoes, you donate another pair to developing countries for free. However, soon after, the donation was criticized by findings from an NGO that indicated it took away jobs for youth in the area. Toms Shoes eventually faced a bankruptcy crisis and decided to hand over management to its creditors. Are there any “good things” in the world? In this hyper-connected society that humanity has never experienced, it is difficult to prevent the deterioration of good intentions or control their effects as intended. Therefore, we must not forget that even if there is something good, it is never something to be proud of. - Joseph’s “just my thoughts”