Your wealth adventure will be complicated by a new awareness that you are short on skills. Early on, I realized how little I knew about how to connect with people, network, communicate, build rapport, and how little confidence I had. I didn’t know how to sell, market, promote, build value, negotiate, close deals, or follow up customers. I couldn’t handle disappointment and rejection and I wasn’t even dealing with money yet. ------- Grant Cardone ​ For those that want to start your house by the roof, be aware. ​ It will be longer than you think. It will be more painful than you think. It will take more effort than you think. And, it will be more rewarding than you think… at the end. ​ You may believe it or not. It’s up to you to consider these words as wisdom. It’s up to you what to do with them. ​ I leave it there… Just as the words that you can find in the link below. ​ 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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Yesterday I told you about a KPI regime that seemed a horror story. Today, I bring you another that kills. Kills contract, I mean. I often tell people that vertical PPPs are not my cup of tea. Hospitals… I run away. Too complicated. Too political. Too high stakes. Take the wave of hospital PPPs in the UK during the 2000s. On paper, they looked brilliant: new facilities, modern equipment, long-term maintenance secured. But still… the KPI regime was written by bureaucrats with too much coffee...
Some PPPs die before they start.Others collapse under the weight of construction. And then there are those that rot from within — strangled by their own KPI regime. Take the Peterborough Prison PPP in the UK.On paper, it was innovative: the first privately financed prison with a focus on rehabilitation. The government loved the concept. The innocent believers in human nature wet dreamt about it. The financiers lined up.The operator thought they could make it work… if not, they would still...
Humiliation can come in many ways. But probably, one of the most humiliating failures a government can suffer in a PPP is the silence. This happened in a mid-sized developed country of the Commonwealth just a few years ago. The government wanted a flagship social infrastructure project: a cluster of new courthouses and justice facilities, spread across regional cities. They framed it as transformational. A “once in a generation” opportunity. Ministers on stage, cameras rolling, the usual...