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Showing posts with the label value exchange

Just my thoughts #0762

Weather forecasters on the news often feature well-dressed meteorologists who diligently explain the weather using various meteorological terms. But if the forecasts were always accurate, there would be no need for such lengthy explanations. People wouldn’t complain if it were simply raining or not, if the temperature was a few degrees, and if the humidity was comfortable or uncomfortable. However, since there’s a chance the forecast could be wrong, they try to explain it thoroughly to ask for people’s understanding. Do you see why simplicity is great? Simplicity is great because no one can simplify it haphazardly. - Joseph’s “just my thoughts”

Just my thoughts #0412

I think it’s not just that many people are living in this world; rather, their lives may come together to create this world. I believe everyone is born with their own destiny. Words express the heart, thoughts, and feelings, but spending money reflects a person’s morality. The way a person approaches and uses money embodies their faith like a religion. While money may not be faith itself, it serves as one of the most essential foundations for its external expression. Money is a fundamental element for survival and a symbol of value exchange. - Joseph’s “just my thoughts”

Just my thoughts #0077

In wealth, the first is value exchange and the second is added value. "Value exchange" occurs when "need (demand)" comes first. Making and exchanging bread with wheat is a value exchange. The price of bread is higher than the price of wheat grain. The price difference is value added. For value-added to occur, "benefit" must be provided. To provide this "benefit", you have to incur costs and expenses. This is called investment. In other words, the value added is the result of the investment, the surplus is subtracting the costs and expenses from the supply price. You can calculate the value added to make a profit if you first know your investment condition and its amount. "Wealth" only occurs when "value-added" is accumulated. - Joseph’s “just my thoughts”

Just my thoughts #0075

Wealth is accumulating the added value created through value exchange into assets. Here are three key concepts. 1. Value Exchange 2. Value Added 3. Assets. To be wealthy is to increase assets. For an asset to grow, it must exchange value with others and, as a result, add value comes from. First of all, value exchange. Even geniuses starve unless they exchange value. Value exchange is not an idea, it is an action. You can never create wealth if your thoughts are good but don't act. - Joseph’s “just my thoughts”