A ‘transaction’ is an act of debt between parties. The seller owes goods to the buyer (performance debt), and the buyer owes money to the seller (monetary debt). A transaction is considered complete when the debt is settled and the promise to owe each other is called a ‘contract.’ Thus, a good trader or businessman excels at making and repaying debts. When it comes to debt, the type of debt matters. Anyone who misjudges this should not engage in business. - Joseph’s “just my thoughts”
When desire intersects with imagination, a product emerges. A product driven solely by desire tends to be unappealing and struggles to capture market interest. Conversely, one built solely on imagination may fall short in practicality and fail to deliver full satisfaction. Desire fuels imagination, while imagination brings us closer to fulfillment. Integrating design into this process constitutes product planning, which brings the product to fruition. - Joseph’s “just my thoughts”