I talk about Personal Growth, Management, Infrastructure and More | C-Suite Executive | Mentor, Coach, Strategic Consultant | Real Estate Investor | 👇JOIN +2k readers 👇
A confession: I was wrong
|
Once I thought that I would be rich, that I would be successful… because I worthed it. It wasn’t that Hollywood crap about “work hard”, “American dream” and all that stuff. I considered myself smart, and just because of that, I thought that the riches will come to me effortless. I learned how to read at 3… just by myself. First some children books. At 5, the bible. At 6, the Quixote… Top at school, university, MBA… I was going in a right direction, you would say… And you are wrong. And I was wrong. How smart you are, or you think you are, is irrelevant. Absolutely irrelevant. Being smart won’t bring you anything. Nada. Absolutely nothing at all. If you are really smart, you may end as a lab rat working for peanuts or, in the best case, working a 9-9-6 in a highly pay corporate trap… as a trapped rat in the rat race. Sorry, but no… not for me. To do great things in life. To leave a legacy to the world, to your children, you don’t need to be smart. It’s all about attitude. It’s all about mindset. Your brain can be just ballast. Remember that. Primitive risk aversion. Primitive loss feelings. Primitive sense of protection. Primitive finite games. You are still wired as if you were living in the caves… and many things have changed since. And I was wired like that. Corporate chain. Good position. Good paycheck. Pay as much taxes as possible. Avoid bothering anybody, including the taxman. Don’t make too much noise. Just do your thing and you’ll be accepted and protected in your tribe. Well… I was able to break those chains… despite excess of ballast, I would say. And you know what? Anybody can. Because, how to do new things, change your mindset and attitude can be taught and learned. If you want to start with something interesting, I propose you this: ​Even you can make money in real estate​ ​ 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. ​ ​ |
Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | C-Suite Executive | Mentor, Coach, Strategic Consultant | Real Estate Investor | 👇JOIN +2k readers 👇
Conflict of interest: A time bomb You can have the best lawyers.The shiniest financial model.The perfect risk matrix. The most balance incentive a.k.a. bonuses program… And still see your project collapse…Because of conflict of interest. Take the Athens ring road extension. During procurement, it turned out that one of the “independent” advisors hired to evaluate bids had close financial ties with a consortium member. Not a minor connection. A proper stake in the game. When journalists...
Yesterday I told you about a KPI regime that seemed a horror story. Today, I bring you another that kills. Kills contract, I mean. I often tell people that vertical PPPs are not my cup of tea. Hospitals… I run away. Too complicated. Too political. Too high stakes. Take the wave of hospital PPPs in the UK during the 2000s. On paper, they looked brilliant: new facilities, modern equipment, long-term maintenance secured. But still… the KPI regime was written by bureaucrats with too much coffee...
Some PPPs die before they start.Others collapse under the weight of construction. And then there are those that rot from within — strangled by their own KPI regime. Take the Peterborough Prison PPP in the UK.On paper, it was innovative: the first privately financed prison with a focus on rehabilitation. The government loved the concept. The innocent believers in human nature wet dreamt about it. The financiers lined up.The operator thought they could make it work… if not, they would still...