Structure and Attributes : Some companies fail even though their goods and services are of good quality. A strong business model attracts customers as its popularity grows. For example, online gaming is popular until the size of the customer base becomes too large, causing problems. Conversely, a fitness club might become an issue as it expands beyond an appropriate level, resulting in a sudden increase in customers. High quality alone does not guarantee success. The main goal of a business is to increase profits through sales, and good quality and service are essential for this. Yet, some companies and brands lack these basics. Some CEOs complain about a lack of profit despite having these essentials. In any business, structure and attributes are most important. No matter how much you work, if the structure is wrong, your business can still fail, regardless of how many customers you have. Many entrepreneurs do not realize the risks of ignoring this core truth. - Joseph’s “just m...
You probably think that your ability can determine your competitiveness. So you might think that ability should be important in professions. Then think about it. When you're working, if there's a person next to you who has the best ability, you might give up your job for that person. The essence of occupation is competition and ignorance. These two properties will tell you that there is still something to challenge and achieve in your life. But if you acknowledge reality accurately, you will wander your way. If you consider more, you will realize that the driving forces of challenge and achievement have belonged to the "ignorance of competition." - Joseph's "just my thoughts"