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This week I’ve been quite busy. Just launching into the market two new short-term rentals. Looking at the dishwasher, some furniture, attending the internet technical guy… things like that. I could probably delegate all this, but sometimes, you want to be on top of everything. Why do I do this? Why, would you ask. Because I like it… and because I do believe that money is important. Very important. You may like it more or less, but 99% of the decisions you will make in the future will be influenced by the money in your wallet. Or maybe 99.99%... I could be wrong with the decimals… Where you live, how you live, the number of generic brands in your fridge, and the school your children attend will depend on the money you manage. Now, I’m not saying it should be the center of your life… its importance is just only a little below the air you breath… But it is certainly a huge help in keeping the real center running smoothly. So, wouldn’t it be a better idea to establish a healthy relationship with money and make an effort to understand how to save it, invest it, or generate it? I’d say yes. But that’s just my opinion. Money is not your enemy. It’s not the devil. It’s not a spiritual obstacle. What I’m trying to tell my young child is that, on the contrary, money is a wonderful universal agreement. A beautiful way to acknowledge the value received and given. And ignoring its importance is denying both our era and human intelligence. I insist—this isn’t about obsessing over money, but about understanding and integrating its relevance in the times we live in. Otherwise, you should have been born earlier—or later. That said, there are a thousand places that can help you grasp this idea, and nine hundred and ninety-nine of them are probably great. But this one (which happens to be mine, and which I proudly and happily invite you to buy) is too. Do you want to know why I’m doing short term rentals? The answer, below. ​Even you can make money on real estate - Price $14.90​ 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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Not corruption. Not politics. Just… incompetence. A real project. $800M. In LatAm… No more details, as in this distribution list, there are too many people living in that country… Here you are the 4 red flags that would have helped you to smell blood miles away. First red flag: They didn’t understand their own project. I’m not exaggerating. They launched the RFP with: Misaligned traffic studies Outdated geotech data A design that didn’t match the environmental permits Second: They outsourced...
Selling used stuff online is hard work. A lottery. A candy box. I tried it once. In less than 5 minutes, I got a message. 30 seconds later, I knew it was a scam. Emoticons. Broken grammar. Asking for my number immediately… when the platform literally tells you not to. Block the user. Close the chat. And then do what a good SPV CEO does… Subcontract. Pass it to someone who knows better. Create the right incentives. Supervise. Manage issues. Etc. Life is just another PPP. Your standards say a...
The pattern... Different country. Different name. Same movie. A “strategic” project. Big announcements. Strong political backing. Aggressive bids. Beautiful financial models. Everyone smiling at financial close. And then… After bonuses paid and elections won… Reality. Costs go up. Time disappears. Risks… yes, those that were “managed” and “transferred to the party better able to deal with”, start showing up. Suddenly: - contracts are “reinterpreted” - assumptions were “too optimistic” -...