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The world is a hard place. Not only if you live now in Canada, Panama or Greenland. It’s a hard place. Period. People that say that money is not important have no idea of the power of money. It’s freedom. It’s choices. I just saw today the picture of a newborn among other 60 immigrants in a patera, a ship that you won’t use to fish in a lake with a couple of friends, used to travel with other 60 people, hundreds of miles in the Atlantic, from Africa to Spain. The newborn was born in that patera. In that ship. Rescuing him alive was a miracle. Money moves people to risk their lives or their most precious possession. Money allowed to locate these people, to rescue these people and to make miracles. I don’t know about you, but this is the best piece of news I’ve seen in a while. ​ You surely have more choices. ​ If you want to do good for the world, make money, get rich, use your freedom to do good… and, if possible, miracles. ​ I’m in my way. Below it is how. ​Even you can make money in real estate. ​ ​ 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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Mega-projects don’t just overrun. They overrun lives. Ask South Africa. Medupi and Kusile were supposed to be the big solution. Two giant coal plants. Massive capex. Enough power to stop load-shedding and unlock growth. On paper? Glorious. In reality? A masterclass in how to blow up trust. Design issues. Rework. Delays measured in years, not months. Costs ballooning into the tens of billions of rand. Every extra year of delay? More load-shedding. More diesel. More businesses dying quietly....
Most governments treat their main airport like a toy.A prestige project.A political trophy.A place to cut ribbons and hire cousins. The perfect picture for LinkedIn. Egos don't get a better chance to shine. Bogotá did that for years.And the result was the "before" picture. Congested terminal.Old infrastructure.Chaos on peak days.And zero money to fix it properly. Then in 2007 they did something different.They gave El Dorado to people who actually had skin in the game... Crazy! A...
Most PPP programs don’t get into trouble because of corruption.Or bad engineers.Or lazy civil servants. Or big-mouthful politicians. They fail because people think risk is a philosophy. Not a number. And this has been a constant in my last PPP project in NZ. Everyone talked about risk. This is too risky, they said... but without numbers. You see... we ended with the highway operator not changing barriers because it was too risky... Anyway... another country that learnt about risk the hard way...