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Showing posts with the label purpose

Just my thoughts #0571

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”

Just my thoughts #0513

Both a life in which money is the goal and a life that ignores money while focusing on the limitations of existence are enslaved to money. People are wary of greed for money but feel pity for a life constrained by its lack and filled with excuses. However, these two are essentially the same phenomenon, stemming from a misunderstanding or lack of knowledge about the essence of money . Both conditions prevent individuals from achieving the freedom that money can provide . That is why money becomes a source of unhappiness when it is viewed either as a purpose or merely as a means. There is nothing more precious than the freedom to exercise sovereignty over my life independently. The world divides into those who seek wealth for freedom and those who earn money to become slaves to it. There is no neutrality. - Joseph’s “just my thoughts”

Just my thoughts #0431

Even though $1 million of one’s own money and $1 million of others’ money are numerically the same, their characteristics will differ significantly. In other words, while money is represented numerically, it serves various purposes, and its usage remains unexpressed when distributed in the market. Money is accounted for to illustrate this situation because the purpose of its use is more significant than the number (amount). Specifically, double-entry bookkeeping is the most reliable method for reflecting both the amount and its use. Therefore, if a CEO doesn’t understand double-entry bookkeeping, it is akin to managing blindly. - Joseph’s “just my thoughts”

Just my thoughts #0429

What does it mean to be good at work? First, you need to understand your priorities well. Priorities are shaped by self-worth and circumstances. The priority is to have empathy, even when there isn’t a clear correct answer. In this world, there’s a correct path that most people acknowledge. It reflects the common values that humanity has agreed upon over time. Second, you need to identify the key point. The point is that even if you eliminate other factors, you should never remove them. Third, everything must align with your purpose. There’s a reason behind everything you do. And finally, you must maintain trust. - Joseph’s “just my thoughts”

Just my thoughts #0384

If capability defines whether you can do something, ability determines how far and how much you can exercise it. Capability is a possible state with a purpose, while ability is a state in which a specific objective is set for achievement. Therefore, without a goal, there is no actual ability. People with such excellent abilities are known as specialists. The result of ability is termed performance, which reflects how well the goal was achieved using that ability. - Joseph’s “just my thoughts”

Just my thoughts #0083

Anything consigned to the open market is likely to be distorted. Stocks, commodities, real estate, ideas, and even intentions lose their original intent, purpose, and value when released into the market. Since every market participant has different intentions and perspectives, it is natural that everything in the open market is distorted. Therefore, the idea that if you do your best, you will succeed is a superstition. If your efforts are gnawing at your soul, don't try your best anymore. Instead, it's far better to love yourself, to cherish yourself, and to comfort yourself. - Joseph’s “just my thoughts”