Thinking of love and hate, honesty and dishonesty as extensions of myself helps shape how I build relationships and how I act. The truest honesty I show to others is reflected in how I extend honesty to myself and share it with them. Those who are not honest with themselves are also not honest with others. If I don’t forgive myself, my hatred for others also fosters negative feelings within me. I can accept others in myself just as much as I accept myself. My well-being always comes first, with others coming second. - Joseph’s “just my thoughts”
What someone can share with others is referred to as a “non-rival asset,” whereas the counterpart is termed a “rival asset.” Intangible assets, such as brands and intellectual property rights, fall under the category of non-rival assets. In contrast, tangible assets that physically exist, like buildings and goods, are classified as rival assets. Non-rival assets can theoretically be utilized by numerous individuals simultaneously, and their depreciation is nearly nonexistent even when an original copy exists. Thus, the scale and speed of wealth creation differ from that of an economy focused on existing tangible assets. In Apple, the personality assets of founder Steve Jobs are considered non-rival assets, while the productivity aspect, traditionally seen as a rival asset, has been managed through outsourcing. If Apple focuses solely on non-rival assets, managing the rest becomes straightforward, as they understand the sources of high-added value. - Joseph’s “just my thoughts”