Joseph's "Just My Thoughts"

The most reliable path to wealth in this world is having foresight. Among the characters of the Old Testament, Joseph exemplified this; initially sold as a slave in Egypt, he eventually ascended to become the imperial premier, elevated from a prisoner due to his ability to foresee events. Fourteen years later, his foresight again led to the nation’s prosperity. For anyone to gain this foresight, they must gather information, analyze it, and put in substantial effort. However, there’s a key condition: the knowledge of the future must be kept exclusive to oneself. Moreover, it’s not enough to simply know; one must believe in and act upon their insights. Thus, both the wealthy individual and the prophet share a critical trait. Essentially, wealth stems from a unique grasp and monopoly on the future. - Joseph’s “just my thoughts”

Human abilities have limits. When current skills fall short, people often rely on potential future abilities; yet, these capabilities won’t emerge without bounds. Drawing on future potential to resolve present issues can lead to complications—this occurs due to the Law of Equivalent Exchange, which reveals that previously used potential can create new challenges in the present. Delaying payment for these abilities merely postpones the inevitable, leaving the core issues unresolved. This payment is termed “hardship.” - Joseph’s “just my thoughts”

When you find yourself lost, your true journey begins. If the future appears unclear and uncertain, the adventure has already started. If you focus solely on concerns during your travels, you may miss opportunities. Embrace the unexpected and find joy in it. - Joseph’s “just my thoughts”

There are two types of businesses in this world when approached through the value of time and divided by the kinds of business: a business that requires discounting future value and a business that needs a surcharge. The bundle discount is a “future value discount business,” while the loan business is a “future value premium business.” Currently, it is unnecessary, but a bundle of sales is a business that offers customers incentives called “discounts” when they buy what they want in advance. The principal is not returned now in the loan business but must be returned in the future, providing the present incentive as a “delay repayment” in advance. Future discounts and surcharges can exist simultaneously in a business or a product; some enterprises will be ruined by mixing them if they change positions. - Joseph’s “just my thoughts”

McDonald’s main menu featured barbecue, and the hamburger was one of 27 items. McDonald’s provided a system for customers to order directly, pick up a hamburger after a while, and serve the food on a plate rather than in a wrapper. When they faced stagnant business, they looked back at the cause and found that 80% of sales came from hamburgers, French fries, and beverages. It took a long time to reduce the menu and switch from plates to wrappers. The past holds back the present and the future. Poor success also involves the burdens of the past. - Joseph’s “just my thoughts”