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Just my thoughts #0674

It is said that to succeed in life or business, you need to judge people well. So, how can we accurately assess others? Instead of focusing solely on the individual, consider their environment. Isn’t it often said that you can gauge a person by their friends? Another useful indicator is their financial disposition—the tendency to spend rather than earn. Attitude toward spending money reveals a significant, if not the most important, part of their character. By examining the environment around the person, it becomes easier to understand their true nature. - Joseph’s “just my thoughts”

Just my thoughts #0434

Crisis overcoming and development both begin with “what I have,” not “what I have lost.” “What I have” consists of [everything I possess now, including what I lent to others] minus [what I’ve borrowed from others], [what I’ve inherited], [what I’ve received as gifts], and [what I’ve taken unlawfully]. [What I have] + [What I’ve inherited] + [What I’ve received as gifts] is referred to as [own assets] or [net assets], additionally includes [something I borrowed], and subtracting [something stolen] in my possession, it is called [asset]. To pay off the liabilities (debts), you must have [net assets] or possess [something I borrowed from others]. The only other way to do this is to repay with [something I stole], but it’s a crime. The ultimate goal of any business activity is to acquire [assets]. - Joseph’s “just my thoughts”