I talk about Personal Growth, Management, Infrastructure and More | C-Suite Executive | Mentor, Coach, Strategic Consultant | Real Estate Investor | 👇JOIN +2k readers 👇
A rooster with a solid pair of balls
|
On a corner. Waiting to cross the Street. I see one of those big LED billboards full of ads. ​ First ad. Store Brand, package of 1 kg macaroni. Save $0.79. Next ad: A new perfume by DIOR. ​ Then, people wonder why they don’t sell or why some think that marketing is a waste of money. With marketers like the ones deciding to put their ads on those billboards you don’t need competition or the next crisis to justify failure. Come on! ​ And you know what? With PPPs is exactly the same. ​ Yeah. ​ Public agencies launch an RFP for a 2 billion dollar project using a cheap designer with no experience in PPP using one of the big four to manage the process together a friend lawyer – one man company to do the legal review - and pay MacKinsey to show up its logo to ensure that they have the best in their team… what could go wrong. ​ Worst. ​ They are public agencies launching a RFQ and RFP for a 100 million project using the most expensive lawyer, one big four for tax advice, another big four for the review of the model, an expensive financial boutique as financial advisors… and so on. They are afraid. They fire as beheaded chickens and then they wonder why PPPs are expensive to tender… or why they need a project director rooster with a solid pair of cojones (or balls) to handle that henhouse. ​ And I have seen the same in the private sector. Busy managers that want to bid a 5 billion dollars landmark bridge and use “one expert” for the O&M of the infrastructure… they one that was available under short notice… What could go wrong. ​ Again. ​ There are some basics. ​ And you can learn some of them, here. ​100 Q&A About PPP that you MUST KNOW​ ​ 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 👇
If you have visited bars once in your life, you’ve had one of these moments… You know. That moment when someone brags at the bar drinking another gyn about a deal they “closed”? They talk and talk. And you just know they didn’t read the contract. Yeah. This is that story—except with trains. Let’s go to Sydney Airport Rail Link, late 1990s. The private consortium thought they had cracked the code: Four stations. Direct airport access. Passengers in the tens of thousands. “We’ll be printing...
One of the myths I hear all the time: “Why let the private sector finance if public debt is cheaper?” Sounds smart. But it’s wrong. First—there are PPPs that financed themselves cheaper than governments. Think Canada, Australia, UK deals during times of tight public budgets, when private sponsors locked better terms because of their structure, guarantees, or sheer market confidence. Think of some less developed countries where lenders prefer dealing with private sponsors than unexperienced...
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…...