Last Friday I almost closed a chapter. A terrible project. Lost lots of money. And of course… I’m looking now for the next. ​ Many people out there play not to lose. But this is a losing strategy. You learn a lot when you lose. You barely know what went really well and why when you just win. It can be anything. ​ But when you lose, you learn. Really well. You adjust. You repeat. You increase the odds for next time. ​ When investing in real estate I see this trend all the time. Invest. It didn’t go well. People abandon. Forever. Bye, bye financial freedom, let’s go to secure a pension when I retire. Classic. ​ They don’t understand that to win, you need to lose first. Get the learnings. Adjust and repeat. Because let me tell you something. Doing things puts automatically odds in your favour… unless you’re a gilipollas, of course, but that’s a different story. I have an aspiration. It’s simple. ​ Doing less and making more money. If you think that this is impossible… You should check 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. ​ ​ |
I talk about Personal Growth, Management, Infrastructure and More | C-Suite Executive | Mentor, Coach, Strategic Consultant | Real Estate Investor | 👇JOIN +2k readers 👇
When you are doing real estate, there are always mistakes. That point that is not well located. The m2 in the council register that does not match reality… Things like that. But you’re more or less alone on this or with your small team. You assume that in multibillion dollar projects, things get more organized. You know. PPPs. So complex. So sophisticated. And… So… human. Yeah, because humans, not banks, not machines, not financial models… humans deliver. And humans “la joden”… or screw it...
Once upon a PPP… A government agency somewhere on this planet (let’s keep names confidential to protect the not-so-innocent) was closing a deal on a massive infrastructure PPP. As usualll… Billions involved. Advisors everywhere. Very expensive ones, of course. Lawyers billing by the minute. Months of negotiations. Taxpayers forgetting about their money. Everything was perfect. Absolutely perfect. Until it wasn’t. Well… in the final version of the contract, someone — probably after too much...
I don’t do it every day. I agree. But, in case some of you still haven’t realized it by now, when talking about real estate, I’m talking about one thing and one thing only: Freedom. How to master the skills needed so you don’t depend on a salary, laziness, the opinions of others, or being stuck in places you don’t want to be at times you don’t want to. How to tame discipline, strength, and morality so that you’re the master of your desires and not a slave to your instincts. That is a goal...