I’m a fan of Artificial Intelligence. But as in any gold rush, my recommendation is… Buy shovels. ​ MIT has determined by 95% of all AI ventures are failing. The guys of MacKinsey are a little more cautions and are leaving the statistics in 87%. ​ Gain volume when everyone can copycat you in days does not seem a good business. ​ In the meantime Endivia will continue to sell chips like hell. Microsoft, Amazon, solutions for the gold minors and power computing. Google, Facebook & Co will sell data… ​ People that are able to read the past and learn from it are buying shovels. Personally, I like Real Estate in places that “encourage innovation” aka people burning dollars, sleep and health in the pursuit of the next big thing… Auckland in NZ or Badajoz, in Spain. Smart governments, some private companies and consultants – and I think that I’m a consultant right now too – are putting their eyes in data centers and energy transmission and generation… especially when everyone is freaking out with electric cars connected to the internet. ​ It’s not hard. It’s History. Common sense perhaps… And a little bit of “cojones”… or in plein English… eggs / bravery. ​ If you want to arm yourself for the next big thing in infrastructure, you have to check the link below. ​100 Q&A About PPP that you MUST KNOW​ ​ For Real Estate Investing... stay tunned in this newsletter. ​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. ​ ​ |
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Humiliation can come in many ways. But probably, one of the most humiliating failures a government can suffer in a PPP is the silence. This happened in a mid-sized developed country of the Commonwealth just a few years ago. The government wanted a flagship social infrastructure project: a cluster of new courthouses and justice facilities, spread across regional cities. They framed it as transformational. A “once in a generation” opportunity. Ministers on stage, cameras rolling, the usual...
A couple of days ago I was invited to a podcast. One of the questions I was asked was… “What advice you have for entrepreneurs” Or that kind of question. But the answer was instantaneous. Do, do and do. Many are frozen. Other overwhelmed for all things they have to do. Others are lazy and procrastinators that use busyness to justify inaction. Others want perfection that is one of the worst procrastinators’ behaviours. And they don’t launch or try anything until perfect. And you know that...
I stopped this idea of paying for an hour. It’s outdated. Consultancy as we know it is dead. But many consultants have not realized of that. Paying by the hour encourages inefficiency. It’s easy. Lazy. Change a monthly salary for monthly hours at a rate. Sounds familiar. But it’s wrong. Knowledge cannot be measure in hours. You have it. And you can present it in seconds… not hours. Some people understand this concept. It happened to me a few months ago. A post in LinkedIn about a particular...