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 individuals who have successfully overcome adversity and achieved social recognition view the world through their ability to conquer personal struggles, challenges emerge. Seeing the experience of overcoming hardships through diligent effort as an opportunity to cultivate genuine self-confidence enhances positive self-esteem. However, evaluating everything in the world solely from that perspective can lead to significant difficulties for both yourself and others. My success may change me, but there are no guaranteed formulas to positively impact the world. Success holds value when it becomes an internal celebration within me. - Joseph’s “just my thoughts”