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It's becoming tabu
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It’s a constant. When you talk freely about money you’re critized. And not just from Spain, the country that is a fiscal hell but the paradise of criticism and the prosecution of the rich, no… It’s everywhere. It’s becoming a kind of tabu. Look. The world is full of people who say, "money isn’t important". Good for them. But I think they don’t know what they’re saying. They just say it for the sake of saying it. It’s a cliché. If they stopped for a moment to think, they would realize that money matters to them more than they’re willing to admit. For money, they spend a large part of their lives doing things they deeply hate. So Spain is a poor country, or Spanish people poor in mindset. And it’s a pity, because some of the stories I tell in the book below, that money made through smart investing, are in Spain. And if you can make money there… trust me, you can everywhere.
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Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
There is a beautiful moment in every project. The green dashboard. That’s where all bosses and politicians that never came to visit start to get excited. The speeches are ready. Everyone important has found a clean high-vis vest. Even new boots… yes, now that there is no mood. Then somebody makes the unreasonable decision to use the infrastructure. Welcome to Heathrow Terminal 5. 27 March 2008. £4.3 billion. On time. Within budget. The sort of numbers that make a Board presentation...
Ah… Time flies and PPPs finally arrive to the end… like a terrible elected leader term… Getting your infrastructure back at the end of a concession sounds lovely. Like removing Pedro Sanchez from office. The debt is paid. The concessionaire leaves. You get the asset. Like collecting your car after lending it to a friend. Except your friend has had it for 25 years. And “the tyres are fine” means they are still technically round. Oups… Do you remember the terms of the return? 2018 Severn...
You know the IBM ad: “Nobody has been fired for choosing IBM”. Well… in procurement there are ads like that. “We didn’t just go for the cheapest.” Lovely. Everyone nods. Someone writes “quality” in the minutes. Your career feels protected. Unfortunately, the project hasn’t read the minutes. Take Scotland’s Parliament building at Holyrood. In January 1999, three final candidates were competing to become construction manager. Bovis came out comfortably ahead at interview. 82 points out of 100....