Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
And the best teacher is...
|
Sometimes in business you fail. Overconfidence. Bad calculations. Hiring the bad people. Weak systems… and a few times, simply bad luck. My failures and my teachers. My losses my investment. I’m lucky that I have a successful brother and remembers me all these things. He is also able to see the good news in every failure, even if it is a great loss. As Robert Kiyosaki said: Success is a poor teacher. We learn the most about ourselves when we fail, so don’t be afraid of failing. Failing is part of the process of success. You can’t have success without failure”. Every failure, at work, in your business, in your relationships, is keeping you closer to where you want to be. Just take the learning. And forget the rest. It’s that simple. And that hard. I can listen to you and your failures, and get the best of them. Click below and let’s start talking.
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
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
I’m going to China in a few days. Suppliers. Factories. Meetings. And plenty of opportunities to discover that what I thought I knew was wrong. Preferably before transferring any money. In big infrastructure projects, that timing matters rather a lot. Take Brisbane’s Clem7 tunnel. In April 2010, its operator announced that 1.24 million vehicle trips had been made through the tunnel during its first three weeks. Almost 59,000 a day. Lovely numbers. But meaningless… If you stopped at that...
Look at this story told to me by Muhammad Danish, a top expert in PPP... Pakistan. A road to be built. A few years ago. Inflation was running wild. Prices were changing so fast that a contractor could buy materials on Monday and regret being born by Thursday… until he discovered he could sell them for a fortune on Sunday. The government’s advisers saw the problem. If the private partner had to carry all the price escalation risk, the bids would be absurdly expensive. Or there would be no bids...
“No fee paid upfront.” “If you can bring equity capital of $45 million, then we can talk about success fees.” Wonderful. You bring the project. I bring the investors. The contacts. The credibility. The hours. And the working capital to finance my own involvement in your adventure. Then, if everything works, we can talk about paying me. Not pay me. Talk about it. Beautiful little detail. Look. I have nothing against success fees. I do work on success. But think about it. Working entirely at...