I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
A suggestion for this new year
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Live poor, die rich. This is the mindset that many people have these days “in order to be rich” or get financial freedom. You know the old piece of advice: study hard, get good grades, a good job, live below your means, save and retire. Terrible advice in these days where governments keep printing fake money, inflation is “moderated” by printing a lot or printing less, and the gap between the producers and the consumers is bigger by the day. I don’t know what plans you have for next year. I have a few. To buy 1-3 apartments to invest in New Zealand, start my new project of 4 additional Airbnb in Spain, start construction of a couple of hotels in Panama, keep developing my mentoring, coaching and consulting business… When having Champaign yesterday, I hope that you thought about what you want to achieve this year. The things that you’ll learn. The habits that you’ll change. Today, I propose you the course about investing below. Tomorrow, probably the same course. It’s good. But the day after tomorrow, it will be something different because you won’t have access anymore. It will be over. Out of the market, forever. Up to you… Save or Invest? ​Invest better than 99% of people... including fund managers​ 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 | 👇JOIN +2k readers 👇
The pattern... Different country. Different name. Same movie. A “strategic” project. Big announcements. Strong political backing. Aggressive bids. Beautiful financial models. Everyone smiling at financial close. And then… After bonuses paid and elections won… Reality. Costs go up. Time disappears. Risks… yes, those that were “managed” and “transferred to the party better able to deal with”, start showing up. Suddenly: - contracts are “reinterpreted” - assumptions were “too optimistic” -...
When people talk about successful projects, these are the usual suspects: The deal was clear from day one Risks were allocated… not hidden The wrong bidders didn’t show up Time was respected Decisions were made early The contract was readable Banks believed the story Equity had skin in the game The public side knew what it wanted Advisors added value (for once) Construction was not “optimistic” Problems were solved fast Ego was controlled Operations were considered from day one Someone owned...
Yesterday I heard: “I’m too old to change career.” C*jonudo. Look. Think of Bernie Marcus. He was 49 when he got fired from his executive role at a hardware retail chain. The 70s. No InfoJobs. No Trade Me. No LinkedIn. And I doubt he felt like photocopying his CV and knocking on doors. If you’ve been there… you know. So he sat down in a café with Arthur Blank and made a decision: He was going to destroy the people who had fired him. I like that. Vengeance is underrated fuel. Together, they...