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”
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"