An asset is the foundation of all economic activity. If you have assets, you can run a business and settle your debts. The ways to create assets are ‘how one works,’ ‘how to receive gifts from others,’ and ‘how to purchase assets made by others.’ There is a way to steal, but it is a crime. If you don’t initially own an asset, the simplest and almost the only way to create one is to produce something with your own labor. Whether the product is a service or a good, it must be produced unconditionally. Trading products creates added value. Thinking about trading later and making products first is the fastest and most basic way to escape poverty. Therefore, produce even the smallest things every day. Knowledge, records, art—whatever! - Joseph’s “just my thoughts”
Fear and doubt are brothers from the same root. They are born together from the root of trust and gnaw away at peace and audacity . Fear is the outward emotional expression of doubt, and it is the fuel that energizes doubts to grow. Doubt feeds on your fear and helps keep it from being set aside. In other words, between doubt and fear, the counterweight of ego serves as the center of gravity. If pride weighs down doubts, it blames others; if it weighs down fears, it finds justifiable reasons and surrenders will. A state in which pride is precisely balanced between doubt and fear is called conflict. So, although conflict intentionally seems to be polite to others, emotionally, it constantly forces them to engage in self-defense against regret in advance. - Joseph’s “just my thoughts”