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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. ​ ​ |
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Just yesterday, I had an interesting call. “What should I do if these guys are “locos”? Translated: What to do with a client that it’s not engaging? That’s a hard one. Let’s get more information: “Are they experienced?” “No” “Are they empowered?” “No” “Have they been instructed to give you nuts?” “Maybe” “Warm… Have you asked why **** is so important for them?” “No” “Warmer… Have you had recently a coffee or conversation with their bosses?” “No” “Ummm… let’s prepare an action plan” You can...
The more cases I review from my advisor’s position, the more amazed I’m about people repeating the same mistakes over and over. One of the most astonishing, under-focused risks in infrastructure PPPs is land availability and land cost escalation. Too often, governments assume or implicitly transfer the risk of land value increases to the private concessionaire. Please, don’t. I come from Spain and one of my first babies were the R5 and R3 radial roads, at the time ACS’s concessions. And...
Recently, I assisted with horror to a meeting where I was told that the respondents of an RFP had no limit of pages in their offers. They asked my opinion. My answer was graphic. If I was the bid manager and I had a gun, I would use it. No limits. OMG. The last shoes that you want to wear are those of the bid managers in the RFP. Imagine yourself with that burden. No limits. And the risk of these guys awarding a several billions dollars contract by the weight of the paper brought in the...