Making money with money is called finance. Simply put, it’s a money trade. However, the most crucial asset in a business that earns money is ‘time.’ Over time, money can grow into more money, whether through a return on investment or interest. So, what does time do? Time causes changes in value, shifting from low to high, and then back from high to low. Time is not equally valuable to everyone. It provides different returns for those who accurately estimate its worth and take action. The value of time varies from person to person, as each individual perceives it differently. - Joseph’s “just my thoughts”
A good manager needs to grasp human needs before they can act virtuously. Focusing on morality without addressing desires leads to an authoritarian organization. Authoritarian structures are detrimental because they stifle individual spontaneity. Organizations that suppress this spontaneity face excessive costs and are likely to fall behind in competition. - Joseph’s “just my thoughts”