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When healthy food is available and junk food isn’t, you eat better. When your phone’s in greyscale and you delete social apps, you look at your phone less. When you set up automatic transfers to your savings account, you save more. This is not me. It’s science. It’s not just willpower. It’s not just discipline. Your environment does set the rules. When you set up the scene, you model your willpower. Do you want to do more exercise? Prepare your clothes, your shoes… or create a gym at home… make it impossible to miss. No distractions? Send your mobile phone to hell, disconnect internet, put your favourite playlist… Habits and environments. That simple. No wonder why if you stick around successful people, you tend to be successful yourself. You enter in an environment that favours success. And if you stick around complainers, weak people with not that great mindset… you’ll become one of them. Here you are something, I learned by sticking with successful people, create an environment and try things myself. ​Is this piece of real estate a good investment​ 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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You hear this word a lot in PPP meetings. Bankable. “This contract must be bankable.” Everyone nods. No one asks the obvious question. What does bankable actually mean? Let me translate. A PPP contract is bankable when a bank can look at it and say: “Fine. If everything goes wrong… we still get our money back.” That’s it. Not innovation. Not sustainability. Not beautiful PowerPoints. Money back. In Question 50 of the course below, I explain what really makes a PPP contract bankable. Because...
Innovation is one of the biggest fallacies in construction and PPP contracts. Governments love the word. It appears in every PowerPoint presented to ministers, investors and journalists. Innovation. Innovation. Innovation. But what exactly is innovation? A toilet that cleans your as$ with a water jet and eliminates toilet paper. Innovation? Maybe. Maybe not. It depends. In Question 28 of the course below, I explain how “innovation” actually works in PPP bids. How to win points if you are...
One of my fauvorites… A toll road PPP. Beautiful business model. Traffic studies. Economic growth projections. Sophisticated demand modelling. Consultants everywhere. Like queuing for free ice-cream… The road opened in 2007. The project was the South Bay Expressway SR‑125 toll road. Everything looked perfect on paper. Except for one small detail. Drivers. They didn’t show up. The financial model predicted tens of thousands of vehicles per day. Reality? Sometimes traffic was 70–80% lower than...