What if you could fulfill your transaction benefits (considerations) in various ways, including fiat money? Have you ever wondered what the consequences for your business would be if you could fulfill your benefits in ways other than cash? For instance, let’s say you are a shoe manufacturer. To make shoes, you must purchase raw materials like leather and process them into finished products known as shoes. At this time, if you can pay for raw materials with the finished shoes you made instead of fiat currency, you wouldn’t need to take out a loan with interest from the bank. However, the world’s economic system has limited the standard of value exchange to ‘cash,’ commonly referred to as fiat money. We need to understand precisely why banking is so important to entrepreneurs. This is one of the reasons the industry does not surpass finance. After all, money is among the goods whose value is determined by supply and demand. - Joseph’s “just my thoughts”
Some leaders find relief only when they dominate the mind, while others serve as limbs. They seek to facilitate threats and collaboration with others to bolster their sense of security. Some of them resort to “gaslighting,” manipulating circumstances to create doubt and maintain control. They view their micromanagement as a notable strength, caring for even the most minor details. Working alongside such a person can reduce even the most capable individuals to feeling foolish and diminish their self-esteem. Unbeknownst to them, those around them are suffocating. The desire to conform is often mistaken for loyalty. - Joseph’s “just my thoughts”