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We’re always comparing ourselves to others. We shouldn’t. Comparing yourself to others and complaining about anything are your best friends of poverty. ​ What if we showed up to work every day simply to be better than ourselves. What if your objective every day was to become better than your yesterday self. ​ I think that is a better WHY than your pay raise, your next sale, your next business… it pays great dividends on the long run. ​ You don’t need to worry anymore for the next great idea Netanyahu, or what the Excel model of the FED have to say, about your company next quarter result, or that client that resists to “give work”, or the decisions of some guys pumping oil in doggy countries… ​ If you improve yourself every day, you’ll be safe. That’s my promise. If you wake up with that sentence in your mouth every day, if you determine what you’ll improve today, and tomorrow, and the day after tomorrow in your skills, life, business or work… you’ll be unstoppable. ​ I’m preparing something that will give you some ammunition in your efforts. Let me know if you are interested here: ​Click here. ​ 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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I love going to local markets. I tried one this weekend. All vendors shouting: “Try this.” “Taste that.” “Best cheese in town.” “Organic honey.” Everyone fighting for your attention. It’s nice. It feels human. You try things. You buy things. You feel good helping local producers. I love that. But price is sometimes an issue. It’s not cheap. And it can’t be cheap. These guys work at very small scale. Their margins need to be enormous just to make a living. I don’t blame them. And honestly,...
I’m an engineer. By accident. But an engineer nevertheless. I’ve seen landslides during construction, and after construction. Specifications not converting properly between inches and cm. Expansion joints popping up in summer like popcorn. Pavement failing in the first winter after opening. Subcontractors going broke. Or bought by the competition you stole the project from… But still… 80% of serious PPP failures are NOT technical… They are contractual. Risk allocation errors Toxic KPI regimes...
You know I’m no fan of the World Bank. But from time to time, curiosity opens some doors. This is what I found. More than 50% of PPPs are renegotiated… Let that sink in. 50%. And usually in favor of the private sector... 50–60% of PPP contracts in developed countriesand up to 70% in emerging marketsare renegotiated within the first 5–7 years. So the contract you sign is not the contract you live with. What does it mean? Simple… It means the real risk allocationis not the one approved by...