Skip to main content

Posts

Showing posts with the label efficiency

Just my thoughts #0570

“I can live well alone!” is not correct. If I live alone, I can survive to some extent, but ultimately, it is hard to survive, and “living well” is even more challenging. This is because the economic principle is established not by ‘alone’ but by ‘many people.’ If I live well, it means that someone has become poor because of me or is living well with me. The fact that through value exchange, or transaction, we can meet each other’s needs and store the surplus from that production is both true and real. Trading is not done in isolation. - Joseph’s “just my thoughts”

Just my thoughts #0564

A willingness to work less and play more is often reviled more than an attitude of passion and hard work. Implicitly, the stereotypes that “live passionately is cool” and “you must succeed as much as you try” are ingrained in our consciousness. However, this perspective overlooks another significant, less visible aspect: efficiency. The issue lies not in laziness but in settling for reality; instead, we should focus on making life more efficient to uncover the benefits of laziness, which has indeed changed the world in revolutionary ways. I am very interested in laziness. Revolutionary opportunities often lurk among lazy people. Nonetheless, that doesn’t mean I dislike hardworking individuals. - Joseph’s “just my thoughts”

Just my thoughts #0443

Frugality and efficiency are complementary and must be balanced. Emphasizing savings can reduce efficiency, while emphasizing efficiency can lead to waste. In the world, when you emphasize one aspect, unintended side effects often occur in unexpected areas. Although they are invisible, various elements of the world are closely interconnected, and there are many situations in which humans do not understand these relationships. Achieving a balance among all elements at the proper level is a significant challenge. Leaders are those who undertake this difficult work. - Joseph’s “just my thoughts”

Just my thoughts #0185

Consider your state before speaking. This is because, no matter how much you consider others first, you will inevitably experience distortions in communication. As a result, the efficiency of delivering the truth is significantly reduced. - Joseph’s “just my thoughts”

Just my thoughts #0154

The lower the trust, the higher the economic and relationship costs. If performance is low beyond costs, efficiency is reduced. Trust is the most important asset in all areas where human intervention involves value. Higher trust increases the efficiency of the money use. Some people get high satisfaction even if they spend the same amount of money, but others get complaints. Don’t make the mistake of thinking that all money is the same. - Joseph’s “just my thoughts”

Just my thoughts #0117

Management is all about maximizing productivity in a limited amount of time. There are limits to what can be achieved regarding time and productivity gains. Let me be clear: increasing efficiency to improve productivity is not a significant factor in building wealth. The best way to build wealth is to choose and implement a higher value-added job. In other words, management is a matter of choice before effort. - Joseph’s “just my thoughts”

Just my thoughts #0113

Focus on quantity over quality. This will eventually improve quality through quantity. To find the most infected people quickly, you can mix several samples at once and test them many times. What if it mixes? That's okay. You're looking for positives, not negatives, so there will be more negatives in the sample, and if you get positives, you only need to retest the positive group. To increase efficiency, you need to understand the opposite background beyond the target and approach it in terms of quantity rather than quality. This will ultimately improve quality. - Joseph’s “just my thoughts”