Rejection Cost. From the perspective that my profit is someone else’s loss, and someone else’s profit is my loss, the fact that I have to reject an opportunity to make money for my circumstances is a loss for me and an act of giving someone else a profit. In other words, my added value is not determined solely by productivity but also by the marginal utility generated by the law of supply and demand. Therefore, my labor price should reflect the value that I have given up—the profit I could have gained. If the rejection cost is not included in my profit, I will be at a loss to that extent. Failing to account for rejection costs in production expenses is not wise, but foolish, because it risks my survival. There is no absolute value in this world. All economic values are relative. - Joseph’s “just my thoughts”
Weakness is merely another expression of strength and represents a phenomenon where the same attribute manifests in different forms. In other words, the concept of “ weak or strong ” resembles both ends of a seesaw ; when one side goes down, the other always rises. When an issue arises in one muscle of the body, the surrounding muscles take over that role, or several muscles work together to compensate for the weakness. Rather than focusing solely on the end of the seesaw that has dropped, one should also acknowledge the opposing side that has risen as a result. Weaknesses and strengths are states of being, not conclusions or outcomes. The same applies to successes and failures . - Joseph’s “just my thoughts”