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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. ​ ​ |
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It’s a superpower. But people are not interested in the others’ point of view. Just in theirs. We are egocentric by nature. So listening it’s a superpower. I let the agent to do the talking. My side, just questions and nodding. Disclosures? None… well… there was some flooding… Price expectations? This property in 2021 would be selling by… Yes, but what are the owners expectations today. Well… in January, they received an offer by X and was rejected, now… I’m not sure what they owners will...
Arguments, unfortunately, don’t work. It’s proven. People don’t change their beliefs. At least, not with arguments. The reason arguments do not work is that most people hold their ideas and values without thinking about them. Think of politics. Think of clauses that you’ve seen in contracts. Think of people supporting their favourite teams. There is a strong emotional content in their beliefs. They really do not want to have to rework their habits of thinking, and when you challenge them,...
Impossible. Nobody can be that stupid. Well… welcome to another day. A contractor (let’s call him Mr. Optimism) decided to “save time” on a warehouse project. How? By installing the roof before securing the steel structure with the final bolts. “Don’t worry, jefe, it holds by itself.” Famous last words of every construction project ever. The weather app showed light breeze. New Zealand showed: “Hold my beer.” A 45-km/h gust arrived, grabbed the entire roof like a giant frisbee, and sent it...