Compared to the era of a self-sufficient barter economy, everyone’s happiness is greater in the exchange economy, where each person divides their labor into what they do best and exchanges what they produce. This is because the division of labor is more efficient than self-sufficiency in productivity and can further reduce production costs. At this point, a means of exchange agreed upon by society is required, which is called money (currency). In other words, in the exchange economy, specialists who excel in one field are more advantageous for survival than ordinary people. An all-round player is more likely to face starvation. Therefore, a generalist is only advantageous for survival when they can organically integrate their diverse abilities in a specific field or situation, while also managing and restricting the scope of their activities and conditions. - Joseph’s “just my thoughts”
No individuals achieve greatness merely by improving their weaknesses; on the contrary, many become great despite their disadvantages. Despite their shortcomings, achieving greatness results from focusing on core strengths. Emphasizing strengths can be a more effective approach than simply managing weaknesses. However, individuals with fewer foundational skills often view the lack of basic skills as a weakness; this perception is an illusion. Those without a solid foundation struggle to understand their weaknesses or strengths, making any effort seem pointless. Return to the fundamentals. If a professional manager cannot comprehend financial balance sheets, it would be like watching a circus for blind management. - Joseph’s “just my thoughts”