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Just my thoughts #0752

An important aspect of understanding your business ecosystem is knowing your position within it (positioning), whether you hold a higher or lower (subordinate) role, and whether your offerings are substitutes or complements. Netflix started as a DVD rental service. With the rise of online streaming, Netflix saw it as a replacement for DVD rentals. Kimbap and Ramen are complementary goods, but Ramen and Udon are substitutes. This is why, even when setting up a snack bar, paying attention to the menu is crucial. Complementary goods increase sales, while substitutes are more likely to lead to no change or even a decline in sales. - Joseph’s “just my thoughts”

Just my thoughts #0410

Greed, regret, excessive care, unreasonable disconnection, excuses, defenses, lies, dignity, and elaborate schemes; the essence behind these phenomena is fear. The unique response that occurred after Adam and Eve sinned was to hide out of fear. The object of fear becomes the object of worship. While religion should help balance fear and worship, it often exploits it. This is called “depravity.” Anyone can be depraved, anyone! - Joseph’s “just my thoughts”