I talk about Personal Growth, Management, Infrastructure and More | C-Suite Executive | Mentor, Coach, Strategic Consultant | Real Estate Investor | 👇JOIN +2k readers 👇
If you think that this is impossible today, you’re...
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You’ve probably heard about a space ship hitting badly Venus or Mars, I don’t remember, because of miscalculations, right? Well, that’s everywhere. When you do your taxes, when you calculate your retirement or when you receive an inheritance. All are miscalculation errors. In construction, there are everywhere. In 1970, during the construction of the Kadena Air Base Bridge in Okinawa, Japan, engineers made a slight miscalculation. As usual… Two teams started building from opposite sides of the river, expecting to meet perfectly in the middle. But when they finally got close... one side was 2 meters higher than the other! I mean… not 1 cm, not 2 cm, not 10 cm… just 2 meters. The error? One team had used metric measurements, while the other worked in imperial units. If you think that this is impossible today, you’re absolutely wrong. If you don’t believe me, check this list of lessons learnt from my last project. ​
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Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | C-Suite Executive | Mentor, Coach, Strategic Consultant | Real Estate Investor | 👇JOIN +2k readers 👇
You can find horror stories almost everywhere. Not just developed countries. And successful ones too… as it’s not rocket science. Before 2010, the Philippines’ PPP program was infamous for all the wrong reasons: legal uncertainty, endless bid delays, weak feasibility studies, and risk allocations that scared investors away faster than typhoons. So they decided to stop, review, learn and repeat. They started to ask the market about what was wrong with the last projects. They noted. And decided...
You know that moment when a government says: “We’re launching a massive PPP program.” Or… “We are going to partner with the private sector to build roads”! Everyone claps like seals because… wow… private money, shiny highways, “international best practice,”. Re-election secured. Mexico did that in the early 90s. Fifty-two highway concessions. I repeat. 52 PPP fever everywhere. The “future” of infrastructure. And we’ll build Speedy Gonzales speed. Spoiler: It didn’t end well. Actually, it...
Last week I lost a dream villa in Auckland. In the most expensive neighbour in the country. Full renovation to be made to earn around 500k$ with the trade… although this one was for me. Amazing views of the sea and the Auckland Bridge… from the kitchen and dining area. Walking distance to downtown. I just needed to counter offer around 10-15k$ more and I got it. But I was weak. Hesitant. With lots of fears and doubts… Or maybe not that much. On reflection, I have my rules. Minimum discount on...