I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
Gold out of the weeds
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Doing things different to the rest of people around you will send you to different places. I’m not saying Cook Island, Vanuatu, Fiji… some of my last trips, but “other places”. You’ll get sued. You’ll sue someone. You’ll get robbed. You’ll make amazing friends. You’ll meet incredible people and partners. You’ll grow… faster than “the rest”. You’ll become smarter, calmer, more focused… faster than the rest, by the way. ​ Be around people that you admire will push you closer to that people… you’ll become one of them. This is why friends, colleagues, partners and so on are so critical. Solo you can do things faster, but with great people around you, you’ll go further. ​ One of the things that cost me a long, long time to learn was the “focus”. To separate the gold out of the weeds. What I did in Real Estate terms is explained below. ​Is this piece of Real Estate a good investment?​ ​ 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 👇
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...
This week I received a message from a subscriber that should make every government, agency, and consulting firm uncomfortable. It came from a man who led one of the most successful Education PPPs in the world. A $165 million program funded by USAID.Implemented across 10 districts in Sindh, Pakistan.State-of-the-art schools.A pioneering Education Management Organization (EMO) model.One of the few genuine unsolicited PPP projects in the country.A full PPP Guide & Toolkit still in use today. He...