Joseph's "Just My Thoughts"

Posts

Just my thoughts #0526

If you can’t throw away what you have, you don’t own it properly. If you cannot leave the place you are staying, you are not entirely settled. Possession and non-possession share the same root, and wandering and settlement share the same root. There is no eternal state; we only enjoy a temporary state. It is often misunderstood that a state of possession for a moment is possession, and that a momentary absence is mistaken for wandering. The world changes, and you change too. Obsession and stubbornness will only hinder your change. If you know how to give up and leave at any time, the value of what you currently have and the state you are in will change significantly. Stability comes from sharing instability. - Joseph’s “just my thoughts”

Just my thoughts #0525

It also means that if I have been fortunate in the way I have lived up to now, misfortune may come one day. Management involves looking at both sides of this coin. When business conditions are good, we need to prepare for tough times, and when business conditions are bad, we need to prepare for better times. If you have experienced misfortunes so far, you should hope that the opposite can also occur. Nothing lasts forever. The universe also changes from time to time, and we must abandon the notion that the society we live in will remain the same. Management is the act of converting uncertainty into certainty. - Joseph’s “just my thoughts”

Just my thoughts #0524

Being wealthy means your assets grow larger, and their value increases too. The purpose of all economic activity is to secure assets. The more assets you have, the more opportunities you create. Assets represent the total of what one owns and borrows from others. In other words, it is the complete amount of resources available for earning time. Resources serve as the foundation for acquiring additional resources. It’s like using small earthworms as bait to catch fish. Thus, it is said that money makes money. This is referred to as financial income. Income is primarily categorized into earned income and financial income. If you have a substantial earned income but lack financial income, you are more likely to face poverty in the future. - Joseph’s “just my thoughts”

Just my thoughts #0523

Although it is not possible to draw a conclusion due to insufficient study, scholars are examining “Is it really fair that humans are rewarded according to their abilities?” and the results suggest that luck and community support are decisive for success. Of course, one cannot ignore or disparage an individual’s abilities. However, it is more accurate to say that they have a limited impact on success. In humans, parental influence—namely, genetic and environmental factors—emerges as the most important aspect according to the study results. The issue is that no one can choose their parents. This is the fundamental reason we must remain humble. - Joseph’s “just my thoughts”

Just my thoughts #0522

Management is the activity of transforming uncertainty into certainty to create predictability. For example, investing in stocks when you don’t know when or how much you’ll make is a gamble, but finding a way to achieve an average return of 15% per month is management. Bank loans have a fixed schedule for when and how much principal and interest must be repaid. It is not the banking business where you can repay or request repayment at any time when you have funds. Nevertheless, we gamble or engage in a ritual for rain, mistakenly believing that it is management. - Joseph’s “just my thoughts”

Just my thoughts #0521

Little money makes people rich, while big money can make people poor. It’s about our attitude towards money. Money should neither be overlooked nor be ostentatious. However, what is certain is that if you ignore small amounts of money, high-quality money will not follow, and if you pursue only big money, there is a strong possibility of losing everything in an instant. A person’s attitude determines the nature of money, and the legitimacy of the way they make money affects the quality of that money. Not all money earned is equal; it varies in quality depending on how people treat it. - Joseph’s “just my thoughts”

Just my thoughts #0520

It doesn’t exist until it’s connected. In the era of widespread use of social media, everyone has a voice, but that voice does not always have a social repercussion. An unaffected voice becomes a monologue. Why am I sharing my voice and my message with the world, other than to shout for self-satisfaction? Now more than ever, we live in an age where individuals feel a greater sense of alienation if they are not connected to the community or the media. ‘Connection’ has become a very important issue, and the current generation often wonders about how to connect and what the right connection is. - Joseph’s “just my thoughts”