The physical value of a book is a measurable cost of paper, printing, and labor charges, but estimating the value of the book’s contents is difficult. Most intangible values are similarly challenging to assess. We purchase the intangible value of a book at its physical price. When revenues are generated, the added value produced can be realized. These revenues arise solely from sales, which are based on price, not value. In essence, there is always an imbalance between price and value, and this imbalance determines whether one is wealthy or poor. Management is the act that shifts this imbalance in my favor. - Joseph’s “just my thoughts”
‘Writing’ is the best way to study. Reading, listening, and speaking are also excellent methods, but ‘writing’ represents a different dimension. When you feel uneasy while writing, you are producing content that diverges from your initial problem awareness. You are developing a theory by not identifying the underlying framework of your thoughts, or perhaps the case is not suitable, or the initial problem awareness itself is flawed. Writing reveals what I do not understand, helping you discover and learn more. Consistently doing this each day leads to significant progress. Write at least a few lines every day. - Joseph’s “just my thoughts”