I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
I scored you many goals
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First week of “relax” and meetings to celebrate my well-deserved holidays. Having been for so long on the infrastructure world, logically I’ve been catching up and meeting people from banks, private equity firms and infrastructure investors, in general. In a coffee with investors talking about how I could help them in the future, I was asked something like… why would I be a good advisor for them. I was thinking that we were practising the art of conversation and coffee tasting and this caught me totally out of guard. “Because I scored you many goals” – without thinking. ​ Not the best answer, I’m afraid, but they loved it, and we could continue our coffee. And you know that I love coffee… Well… I correct. You know that I love good coffee… ​ And why did they like my answer? Well… This is a constant in business. ​ If you wonder, why the FBI uses hackers to protect their IT system or help them to “spy” on others’ computers… well… I’m sure you can guess. The best security guys can perfectly be former robbers. So, I guess that someone wanting to buy infrastructure, or any other thing would love to have a seller from the other site of the table advising them. I know where all the tricks and flaws could be in an asset. I’ve delivered many. It’s like buying a house… you would love to have a former real estate agent with you. Don’t you? ​ If so, and you want to learn a few tricks about infrastructure, you need to take a look to this. ​The 15 Top Lessons of a PPP Project Nightmare - The audiobook​ ​ 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 👇
Almost a year in the market. 3.5 million. Then, 3.0. Then, 2.9. I liked it, I compared it with the market. I thought that 2.8 – 2.9 mil could be a good deal. Offer: 2.75 million. Not very big, not too fancy… but a view. You have to pay well for those things in NZ… and not an investment, but a place to live. Anyway. Counter-offer… 3.2 million. The agent called it buyer’s regret. I call it, not serious. This happened in December. And this is not uncommon. I’ve seen teams that once named...
Eastern Europe. Late 2000s. If you are old enough, you can feel the context. A massive highways PPP. Toll road. Billions in capex. One of those “nation-building” projects politicians love to parade in front of TV cameras. You can smell now the country… Your consortia are seasoned. Anyone knowing how to pour asphalt on top of something lined up. Your lenders are aligned. Your traffic advisors have gone blind staring at stochastic models. Everyone is gearing up for a clean, competitive...
I buy houses, apartments and buildings from 20.000km distance. In Spain, Panama, New Zealand… and I can stay anywhere. Of course, I don’t recommend that for you. Some people want to push globalization too much. Having assets in London, NY, Madrid, Singapore, Sydney, etc. at the same time is not good for your health, nor your pocket. You miss specialization. You miss learning and knowing well a market. When bidding PPP projects, I have seen successful bidders doing so from the distance....