We need to answer inwardly: Who are we? Where are we headed? And how do we get there? At the same time, we must clearly communicate to consumers who we are and what value we provide.
How do you motivate your people when you have no money or equity to offer? "Unable to reward loyalty with silver, he sacrificed his own son before the horses."
Beyond making him feel that his social standing is high, what else can you give him?
You have to protect his face, because that’s all you can offer. If you can’t give money and you can’t give face, who’s going to do the work? Who’s going to run the business? Isn’t that a simple truth?
A pandemic laid bare what humanity truly needs: food, fuel, jobs, schools, safety, healthcare, grain, energy, industrial goods, and services.
For banks, the cost of raising funds isn't that high. They don't need to offer you generous profits—they just need to provide a slim enough margin to attract capital. In other words, for most financial products, if you don't invest, they'll find someone else who will. Your money isn't scarce, and profits are kept for themselves. What they're really selling you is risk.