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 👇
When you spend enough time in Europe, you usually end dealing with a bank. It’s as lovely as a tooth pain. The EU is the bureaucracy hell of the world. A place that tells you even how the cap of a bottle of coke must be… and of course, they did not think about any market testing or user case. What for? Well… Banks. You can’t live without them, but you hate them. Mastodonts with benefits. Shield by government. Too much money invested in lobbies… or finding imaginative solution to hide bribes...
Many people challenge my preferred RFP strategy for PPPs: “Pre-qualify strong consortia, set a minimum technical pass/fail, and award to the best NPV bidder? They’ll just bid low and renegotiate later!” I get it. That tactic has been abused in Latin America for years. But we need to ask: Why has +20% (often +50%, +100%, +200%) become almost inevitable there? Let’s look at the real causes: Why PPP prices skyrocket after award 1) Renegotiation is systemic. In transport PPPs, up to 78% of...
Africa. Mid-2010s. You’re in the middle of a multibillion-dollar PPP. Your consortium is assembled. Your lenders are mobilized. Your bid team is burning cash like Tesla compensating executives… The agency launches the RFP. Everyone is excited. A fair, competitive process… in theory. And then it starts: Deadline extended. “More time to refine proposals,” they say. Another extension. Silence. And then another. “These guys don’t seem ready” Drop a new batch of documents in the data room. (Oh,...