Doing B2B business is different from selling mobile phones to end customers

Most B2B businesses operate on credit terms. Even if you sign a contract for $100 million, it’s completely normal to only recover a few million by the time your company goes under. Contracts are mainly used to secure loans or raise capital—not because you can realistically expect to collect every invoice in full. Don’t count on chasing down final payments.

Words must be kept, deeds must be accomplished.

Keep your promises and follow through on your actions.

Credibility comes from consistently delivering results in specific areas.

Unity of knowledge and action. If you can't do it, you don't truly know it—no matter how eloquently you discuss it.

So don't focus on what someone says; instead, look at what they actually achieve within a given timeframe.

Developmental Issues

Fresh Perspective

1.01^365 = 38
1^365 = 1
0.99^365 = 0.03

If you choose someone with even a 1% growth mindset, they’re a hidden gem; if they lean 1% negative, you’ve walked right into a trap. And if they’re stagnant altogether, you’ll watch them go nowhere in life.

The Essence of Investing: Finding Scarcity in Uncertainty

The essence of investing is to find scarce certainty—or阶段性 certainty, even if it lasts only for an instant—amidst countless uncertainties.

That fleeting certainty can make countless people lose their heads.

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