Opening up the destiny of Tenpu Nakamura! The company gives experience and salary

Hello. This is Nada from Seito Medical School. This time I will report on my diary notes for Saturday, December 2nd.

・Synergy creates ideas

・Gods and Buddhas die when they sleep at night and come back to life when they wake up in the morning

・Tenpu Nakamura's "Opening up your destiny"

・Companies provide experience and salary

・Afterword

Generate ideas through synergy

When you hear someone's idea, you might think it's the application of a specific piece of knowledge. Someone's knowledge and ideas are not separated like a deep valley, but are new ideas that develop from knowledge. Someone's idea may seem like the application of a specific piece of knowledge, but in reality it is the synergy of many pieces of knowledge that produces the idea.

On top of that, if you can get rid of the problem of preconceptions, the more knowledge you have, the more ideas you will have. It's important to note that the more knowledge you have, the more preconceptions you will have. If you can avoid that, you'll be a knowledgeable idea king.

Gods and Buddhas die when they sleep at night and come back to life when they wake up in the morning.

The next topic is: I recently heard Taro Aso's response to a question on YouTube. I think the lawmaker who asked the question said, "The most important thing is the atmosphere, but what is the second most important thing to you, Mr. Aso?" I don't remember the answer very well, but he gave the following quick and witty answer: "In the morning, wake up with hope, work hard during the day, and go to sleep at night with gratitude." I felt like this response filled in the gaps in the words I had thought up. "Gods and Buddhas die when they go to sleep at night, and come back to life when they wake up in the morning." Well, that's about it. Okay, let's move on!!

Nakamura Tenpu's "Opening up your destiny"

The next subject is Nakamura Tenpu. I have recently started using the pen name Tenpu on Seitoh Shijuku, a sister site of Seitoh Medical School. I am currently reading Tenpu's "Opening Your Destiny" and have read up to the first chapter. What caught my attention was the line, "People speak within the scope of their own experiences and knowledge." When I write my blog, I often write about things I have learned from books and things I have actually experienced. As it is said that humans love stories, original stories that are unique to each individual are valuable. It seems that such original stories are also highly rated in recent Google searches.

Currently (12/3, 01:30), I would like to give the Seitoh Juku English translation site a boost. It is a blogger site, but since I started it this year, the current page views are only about 250. I will also post a link below, so if you are confident in your English, please drop by.

Existentialism. I'll study it next time.

The next theme is philosophy. Existentialism. I've heard of it before, but I can't imagine it in detail. According to Nakamura Tenpu, philosophy is "a study that explores the causes of phenomena." It can be said that philosophy is about asking why the physical phenomena that occur in the world every day are the way they are, what the reasons are, and what the meanings are. Tenpu says, "What are God and Buddha?" Of course, I don't have a clear answer, and if I were asked this question, I would probably just give myself another half century. That was a story about philosophy. If I have time again, I would like to read a philosophy book and try to understand existentialism and find my own answer.

The company provides salary and experience

The next topic is about independence or freelancing. I think many company employees want to leave the company and change jobs or start their own business. They feel that there is too little reward for the work they do. I too have wanted to become independent and work as a freelancer since I entered my 30s. This perspective is from the perspective of the employee, and I feel horrified at the thought of not being paid more.

On the other hand, from the employer's point of view, the employee's argument may seem a little selfish. Many employers probably think that they are not just giving their employees a salary, but also allowing them to gain experience in the form of work. It would be hard to accept that the talent they have nurtured since the beginning of their careers would quit because they are dissatisfied with their salary. Managers will probably think that in exchange for the low salary of young employees, they are providing them with experience.

However, it seems that the recent generation Z, people in their 20s, are quitting because the workplace is too lax and they can't gain experience. Even if the employer is in the position to provide salary and experience, and pays a high salary, they quit because they can't gain experience. It's a difficult problem. I also have a strong desire to be independent, so I think I can understand the feelings of people who want to be independent.

However, it is also important to feel grateful to your current company for helping you grow as an employee until you were able to become independent. Don't get upset because you can't get what you want, but it's not too late to wait a little longer and then decide whether or not you really want to become independent. You can always make up for lost time in your twenties, so it's definitely better to keep trying new things.

If you feel your salary is low, think about why it is low, and if you feel that the salary is too lenient to gain experience, think about what you can do to change your surroundings before going independent. What I have said so far is also a warning to myself. To borrow the words of Tenpu Nakamura, "The thoughts that are made by the human heart create everything in life." By changing your way of thinking a little and going through a lot of trial and error, you may be able to make a big change to your current environment. Well then.

Afterword

If you have the financial resources, you can definitely win the election if you pay 2 million yen a year to every citizen as a basic income. If you want to pay 2 million yen a year to each person, you need a budget of 240 trillion yen every year.

Think about what life is! Aeon’s founding story! Set tasks in the recruitment!

Hello. This is Nada from Seito Medical School. This time, I'm writing about the diary notebook for Friday, December 1st. From now on, I'd like to include a table of contents at the beginning of the article.

・Thinking about what life is

・AEON's founding story

・Not only B to C but also B to B! Setting tasks in job interviews

・Afterword

<Considering what life is>

Having life means that when you have a real experience of the past, the object has the freedom (will) to do so. Real experience of the past means that when you look at your past memories, if there is something in those memories that moves freely without being bound by the memories, then it can be considered to have life. This is a definition of life from a philosophical perspective, but how does it differ from the previous explanation of life defined materially? It is possible that this philosophical definition of life means something symbolic.

Life, as we have defined it physically before, is a giant filtering system that filters energy through the body and expels what we don't need, or shapes the mechanisms of our heartbeat and breathing through on and off motions driven by gravity and homeostasis.

I don't know if there is any relation between this philosophical definition and the material definition of life. It may be related in the future of medical science, or it may not be related to eternity. What is life? It is a universal question for all living things.

<Aeon's Founding Story>

I am currently reading a book about the founder of Aeon. It is very interesting, so I am not even halfway through, but I would recommend it to everyone. I gained the perspective that management is based on trust and consideration. Trust and consideration are very important elements for human relationships in society.

Chizuko, the founder of AEON, was a woman and was very sensitive, so she practiced "tea ceremony" and "flower arrangement" after work on Sundays for employees who had shifts on Sundays and could not take a day off. Therefore, it seems that she was evaluated at the time as the perfect wife for AEON.

If I were a manager, I think it's important not just to hold cooking classes and study groups, but also to essentially do things that are good for employees. At the very least, I think it's good to continue to push forward with what I think is good.

＜Not just B to C but also B to B! Setting goals in job interviews＞

If I were the president of a major online shop, I would think about not only selling products between businesses and consumers, but also between businesses and companies. I would like to give some ideas on what B to B means for online shops.

Furthermore, if I were a company manager, I would approach recruiting by giving candidates assignments and having them write reports within a deadline. For example, you could give candidates a month to work on improving work efficiency or difficult problems as assignments and have them compile a report on three A4-sized pages. Using this method, you can see how much skill the candidate has. Of course, they don't necessarily have to solve the assignments, the point is whether there is something worth looking at.

<Afterword> I plan to post my diary notes on Seito Medical School, and a rewrite of them on Seito Personal School.

Learn high school chemistry before studying quantum chemistry! Those who can adapt will survive! ?

Hello. This is Nada from Seito Medical School. Today, I will be reporting on my diary for two days, 11/29 (Wed) and 11/30 (Thu).

First, here is a piece of information that I found confusing while studying quantum chemistry. It says that 1 cal is the amount of heat required to raise the temperature of 1 g of water by 1 degree. I haven't studied chemistry much, so I thought that the amount of heat in a chemical formula was just an arbitrary value, meaning that the quantity itself didn't have much meaning, but I found that 1 cal does have meaning. If I take in 1 kcal of energy, will my motivation increase by 1000 times?

Continuing with quantum chemistry. Genetic information is written in a code of adenine (A), thymine (T), guanine (G), and cytosine (C). The field of quantum chemistry introduces chemical formulas into this genetic information. I will also read through my high school textbooks on chemistry and approach the goal.

The next topic. Merchandise sales are interesting. If you go to a second-hand shop or BOOKOFF, you might find a bargain. The store doesn't bother to check how much each item is selling for online, so they can make a profit by selling it cheaply and selling it at a higher price. When I found out that a book I bought for 600 yen was selling for 2,000 yen, I felt a thrill, like I was hiding a precious jewel in my pocket.

This is the next theme. It is interesting that in the natural world, it is not the strongest that survive, but those that can change. Does this mean that humans, who are smart, have an advantage? If we do not have the ability to adapt, we may be wiped out all at once. With that in mind, it is important in human society to have a sense of urgency, thinking that this is our last chance.

Are you a morning person or a night owl? My memory advocates the theory of 12 hours a day with no holidays - Seito Medical School -

Hello. This is Tenpu from Seito Juku. The theme this time is, are you a morning person or a night person? Until a few years ago, I was a morning person. I would wake up at 2am and study until work started. To wake up at 2am, I needed to go to bed early at night, and since I was working part-time at the time, I would be out for 8 hours before taking the train back to work.

I've become a night owl lately, but I study, blog, and pursue my hobbies from 8pm to 5am. In that sense, I might be a day owl. I have an income separate from my job, so if I work moderately, I have no problem living on my own.

While looking at this theme of morning people or night people, I suddenly thought that I would wake up at 2 am again and work hard on my research and blogging. I feel like waking up in the morning is refreshing. Even if I stay up all night working on something, I feel a sense of accomplishment when the morning glow turns orange. It's currently 6:30 am. The sun is about to rise.

I'm thinking that it would be a good idea to alternate between night and day shifts, such as staying up all night on the first day (taking a 1-2 hour nap), sleeping 8 hours on the second day, staying up all night on the third day, and sleeping 8 hours on the fourth day. I think it would be enough to work 12 hours a day, but if I try to work exactly 12 hours, I lose motivation before the 12 hours are up. In that sense, it might be better to work 12 hours with the intention of working 16 hours.

When I was an early riser, I used to work about 16 hours, including study time, and I'm amazed that I was able to push myself so hard. Now I advocate a 12-hour workday without days off, but my experience of working 16-hour days for several years is what prompted me to advocate the 12-hour workday.

If you want to stand out from the crowd, you need to work harder than others. By not only working hard but also being creative, you can achieve a big difference in results in the same amount of time. If you value each and every day and write down what you did that day in a notebook, that's 120 points. You can also use the contents of that notebook as material for your blog. Bye.

You can say that writing blog articles is accumulating assets! ? – Seito Medical School –

Hello. I'm Watanabe Tenmei from Seito Medical School Clear File. This is another rewrite article. I would like to do a semi-rewrite of the article titled "What remains after posting content on SNS? Operate a personal website and use that website as the main link with SNS. by Nada 20231006".

So what is a semi-rewrite? A semi-rewrite means that half of the article is a rewrite article, and the remaining article is written on a new theme. You can think of half of the article as the rewrite content and the other half as the original article.

I believe that accumulating the information you want to share, whether it's on social media or a blog, is accumulating assets. Whether that content generates revenue or not, as long as there is growth in it, you can expect it to become a valuable album.

Ideas are necessary to grow. Let's try this next time. Let's introduce this from now on. I think it's good to have various challenges. I myself wanted to write a half-rewrite article this time, with half of the article on the theme of rewriting and the other half on a new theme.

If you write a blog post every day, you may be in trouble if you run out of material. Fortunately, I write 3.5 articles a week and start writing without any material, but looking at the results, I can finish the content with a reasonable amount of substance.

This is just my personal opinion, so while my articles have a certain amount of content, some people may find them completely unsatisfying. However, the most important thing is that you are satisfied with your articles, and then you try to improve them by coming up with new ideas.

The topic of ingenuity is obvious to those who read my articles every time, but individual growth can be considered the same as the improvement mentioned in Toyota's Kanban system. Improvement is ultimately about progress, but sometimes you come up with an idea that shows a different dimension of growth, from progress to evolution.

As for the moment I evolved, it was the moment I realized that there is a trick to everything. When you are in business, you sometimes need to differentiate yourself from your competitors, that is, maintain a strength that is different from other companies. At such times, just coming up with a simple trick, like bending one finger, can give you an overwhelming advantage.

For example, in music, just curling your tongue downward when singing can make singing overwhelmingly easier. When singing, if there are many people who don't know the trick of rolling your tongue, it can be an overwhelming advantage as long as you don't reveal that trick.

Singing with a rolled tongue is just one example, but this simple technique can make a lot of people sing.

If you don't verbalize what you can do somehow, make it explicit knowledge and tell someone, it will become tacit knowledge and become a strength that differentiates you from your rivals. Explicit knowledge is the ability to put your knowledge into words and communicate it, while tacit knowledge is your knowledge that you cannot put into words.

My blogging activities are, so to speak, an activity of expressing my knowledge in words, but in addition to the knowledge that can be easily put into words, I also have a lot of tacit knowledge. Of course, I don't know if my knowledge will be useful to other people, but I would be happy if it can be used by as many people as possible.

For example, if your job involves writing, one of the benefits of a writing job is that it improves your writing skills. Another benefit is that, as I mentioned earlier, you can turn tacit knowledge into explicit knowledge. By verbalizing tacit knowledge, which is knowledge that you have not been able to verbalize, and making it explicit knowledge, it becomes easier to convey the skills to others.

One of the reasons for turning tacit knowledge into explicit knowledge is to make it reproducible. By writing down your techniques in words, you will no longer be affected by your own condition.

Blogging allows me to grow by putting my knowledge into shape. At the same time as I can grow, another benefit of writing is that the articles I write pile up, so they become assets themselves. Even when I write articles similar to previous articles, such as rewrite articles, I realize that I have more topics to talk about. This means that an article I write once will not be a one-off.

I wanted to make this a semi-rewrite article, but it ended up being just a rewrite. That's unfortunate. However, I'm going to carry over the new theme of the semi-rewrite article, "Don't think there's no next time," to the next article, probably as an original article.

This article was about 2000 characters long, but I hope to write articles with 2000 characters as a guideline from now on. Although it did not become a semi-rewritten article, which was the first assignment, thank you for listening to my article, which I am currently working on improving. I hope you have a good day tomorrow. Bye.

Trying out auction-type recruitment in the labor market! ? The lemon market can be solved by establishing a trial period! !

Hello. I'm Watanabe Tenmei from Seito Medical School Clear File. This is another rewrite article. I'm going to rewrite the article titled "Is the 80:20 rule true? If the skills of the top 20% of employees were given to the remaining 60%, sales would more than triple. by Nada 20231004".

Recently, I thought that it would be good to conduct job hunting for workers through an auction system. In economics, there is a story called the market for lemons in the used car market. In the market for lemons, due to information asymmetry, the sellers of used cars have a lot of information about the used cars, but the buyers of used cars have no information at all about the used cars.

In other words, there is a difference in the amount of information available to buyers and sellers of used cars, and as good quality and poor quality used cars are sold for the same price, sellers of good quality used cars disappear from the used car market, leaving it filled with poor quality used cars.

The same can be said about workers. Generally, a company's job information is presented in a single job posting with monthly salary and benefits. Even if a worker is of a level that would be hired for that job, the salary and benefits when hired will be the same for those hired for the barely available job and those hired with a margin of error. If the people hired for the barely available job are in the bottom 80% and those hired with a margin of error are in the top 20%, the amount of sales will be significantly different due to the 20/80 rule.

The 80/20 rule is the hypothesis that the top 20% of employees contribute to 80% of sales, and therefore the top 20% of employees who generate 80% of sales and the bottom 80% of employees are offered similar salary levels and benefits when they are hired.

Of course, there will be many employees who achieve great results after being hired, and who receive raises and promotions, but if talented employees and less talented employees are offered the same treatment at the time of hiring, it is possible that the same thing will happen as in the market for used car lemons.

Well, I would like to offer my own proposal on what the auction method is for workers' job hunting. First of all, in job hunting, it is of course the workers who have most of the information about the workforce. The workers themselves know best what companies they have worked for, what kind of achievements they have made, their own strengths and weaknesses, and whether they are an excellent worker.

After that, workers submit documents and videos including their work history and self-promotion on a labor auction site, which we will call "Worktion," and undergo screening by companies. When a company wants to hire a certain employee, it is selected by the worker by offering better treatment than other companies.

In other words, the modern method of recruiting is the opposite, with companies posting job postings and having workers choose from them. In workshops, workers submit their job search information and companies set a price for that labor. By posting a job posting, companies can approach people they consider suitable for employment in advance, instead of having unworthy workers apply.

If we are talking about the top 20% of talent, there is a high possibility that companies will compete with each other for them, so the auction will select the company that makes the most attractive proposal for that talent. Of course, it would be a waste to lose the labor force you have selected after going to such lengths after just one interview.

So, for example, I would like to suggest that you conduct a formal interview and then have the person actually work for a month as a trial period. In the case of information asymmetry, the employee has overwhelmingly more information about the person's workforce, and by having the person work for a month, both the employee and the company can confirm whether the person is truly suitable.

Of course, one month is not a very long period. For example, there may be some excellent personnel among the employees who will finally be able to show their true potential after a year. However, a probationary period that is too long can be a burden on the company, and it is expected that the longer the period, the more of a burden it will be for the employees if they are not officially hired.

If you want to eliminate information asymmetry in the used car market, you should set up a trial period for the used car. By doing so, information will be shared between the seller and the buyer of the used car, minimizing losses due to differences in information.

The same is true in the labor market. Auctions allow workers to receive better treatment and companies to avoid interviewing unnecessary candidates, which is thought to reduce the waste of job hunting. Furthermore, by setting up a trial period in addition to interviews, it is possible to aim for a sufficient return for the burden of the auction and to reduce the information gap.

By adopting the auction system in the market for lemons, talented people can be properly evaluated and receive the treatment they deserve. Furthermore, companies can also determine whether or not they have talented people, so it is beneficial for both parties.

This labor auction method can be automated by creating an online website, and it is thought that efficient operation is possible by using manpower from the auction side only when it is needed.

The top 20% of talent generates 80% of sales. By finding a way to properly evaluate the top 20% of talent, talent in the labor market will be allocated efficiently. I would like to propose an auction method for this purpose. The time is ripe. All that remains is to remove preconceived notions of workers and companies. That's all. I hope the labor market will become more sophisticated. Bye.

The formula for determining price begins by considering the economy where there are unsold items! ?

Let's say there is a formula: Sales - Expenses = Profit.

p=price, Ax=sales quantity, x=production quantity, MC=marginal cost

pAx – xMC = π

π＝０

p=(xMC)/(Ax)

We will call this formula the price formula. However, marginal cost MC represents the increase in cost when one more product is produced. Producing 101 products reduces the additional machine cost per product, i.e. fixed cost, by making 101 products rather than 100. If the cost of the machine to produce is $500, then for the 100th product it is 500/100 = $5, and for the 101st product it is 500/101 = $4.95. By adding the variable cost per unit, i.e. the cost of materials, which has the same cost, to this fixed cost, we can calculate the total cost per product.

In economics, if you take the sales volume Ax in the price formula and multiply it by the production volume x and p, and the cost is C, then px-C=π. In this case, the production volume x is in a state where all the production volume is sold, that is, the number of units produced and the number sold are equal, so the production volume Ax = production volume x. This state where everything is sold is called Say's Law in economics. It is the assumption that everything supplied can be sold. Unlike a hundred years ago when production capacity was low, today there is an oversupply, that is, there is enough machinery and equipment to produce more than people want. When x and Ax in the price formula, that is, the production volume and sales volume, are equal, then p=MC, which is the formula for maximizing profits in microeconomics. In other words, the point where the price and marginal cost per unit of a product are equal, which we will call the price and average cost from here on, is the point where the price and cost per unit are equal, and this is the formula for maximizing profits. If variable cost is $5, then the total cost of the 100th unit is $5 + $5 = $10, and the total cost of the 101st unit is $4.95 + $5 = $9.95. So the marginal cost of the 100th unit is $10, and the marginal cost of the 101st unit is $9.95.

Let's rewrite the previous price formula from p=(xMC)/Ax to p=(xAc)/Ax. In other words, we change the marginal cost MC to the average cost Ac.

In this price equation, when sales volume (Ax) increases, price (p) falls. Conversely, when sales volume decreases, price rises. The general equilibrium theory of demand and supply curves learned in microeconomics shows that this is a balanced supply and demand equation in which price rises when demand (sales volume) increases, and price falls when demand decreases.

The relationship between the supply and demand equation and the price equation shows that when demand (sales volume) increases, the price rises in the supply and demand equation, and the price falls in the price equation.

Image training. Let's calculate it here!

Production volume 15 = x

Sales quantity 10 units = Ax

Average cost $5 = Ac

p = (15 x 5)/10 = $7.5. If there are 5 unsold units, the price will be $7.5 based on the average cost of $5. In other words, the total cost is 5 x 15 = $75, so the sales revenue is 7.5 x 10 = $75. Since the sales revenue and total cost are equal, the profit is zero, but the company is still able to break even.

p = (5 x 5)/5 = $5. If there are no unsold items, the price and average cost are the same. Total cost is 5 x 5 = $25, and sales are 5 x 5 = $25, so sales and total cost are equal and profits are zero.

(Q) Now, I would like to set a question. How can we make this pricing formula more practical?

Below, we will explain Fisher's equation of exchange.

Fisher's equation of exchange is MV=PT, also known as the quantity theory of money. M=money supply (money stock), V=velocity of money, P=price, T=real GDP. V=velocity of money is also expressed as V=1/credit multiplier.

From the formula Money Stock = Credit Multiplier x Monetary Base, the money stock is M in Fisher's equation of exchange, and the credit multiplier is expressed as the velocity of money circulation V, so V = 1/credit multiplier, so (Money Stock) x (1/credit multiplier) = MV = Monetary Base = PT = Price Levels x Real GDP = Nominal GDP. Here, comparing V = (1/credit multiplier) with Marshall's k in the Cambridge Quantity Theory of Money, we get V = (1/Marshall's k), and credit multiplier = Marshall's k. Furthermore, monetary base = nominal GDP.

The monetary base is calculated by adding the following four values: money supply, central bank balance sheet, bank balance sheet, and foreign exchange reserves. In Japan, the monetary base is equal to the nominal GDP of Japan, i.e., "Bank of Japan note issuance" + "currency in circulation" + "current account deposits at the Bank of Japan". Conversely, if the monetary base is expanded, the nominal GDP may increase. In terms of causal relationship, it is not clear whether the monetary base or the nominal GDP comes first, but the concept of the monetary base is essential for nominal economic growth. Since the monetary base = prices and real GDP, if you want to suppress inflation, which is high prices, you can see that you can lower the monetary base. In addition, it is the price of money (1/p). In other words, since p is the price, I would like to point out that its inverse is the value of the currency.

(★Assignment★) The following is continued from the ★ mark. Using statistical data, compare the monetary base and nominal GDP figures. The same currency may be used in several countries.