The physical value of a book is a measurable cost of paper, printing, and labor charges, but estimating the value of the book’s contents is difficult. Most intangible values are similarly challenging to assess. We purchase the intangible value of a book at its physical price. When revenues are generated, the added value produced can be realized. These revenues arise solely from sales, which are based on price, not value. In essence, there is always an imbalance between price and value, and this imbalance determines whether one is wealthy or poor. Management is the act that shifts this imbalance in my favor. - Joseph’s “just my thoughts”
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”