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”
The banana tree is not actually a tree; it is a type of grass. The reason the stalks of this grass are mistaken for trees is that the stalks of bananas accumulate and become hard. Wild bananas contain seeds, but the bananas we eat today are one of the “Cavendish” varieties. People discovered and popularized a seedless mutation for commercial purposes. So, how do bananas grow without seeds? Once a banana has attached, it does not grow again from the same stalk, so the farmer cuts it away. Bananas propagate by transplanting roots that grow next to the severed stems. Therefore, edible bananas around the world share almost identical genetic DNA. Thus, if bananas become diseased, there is a high likelihood of complete annihilation. For life, diversity is an essential condition for survival, and the same applies to companies. - Joseph’s “just my thoughts”