|
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. |
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
Yesterday a few of you came with a question… If we prefer a good narrative to the truth, does it apply to PPPs? Absolutely. PPP includes the words Private and Public. This is meat for bored politicians and newspapers. You have conflicting words… Add Partnership and journalists queue to hit you in the face. No matter what statistics say. No matter how many successful projects have been delivered through a PPP. No matter the risk profiles, the alignment of the parties, the governance… that PPP...
You know that many people are terrified of flying. However, they have no problem travelling by car, even though we all know that, statistically, planes are much safer than cars. Well… welcome to the base rate neglect. Our brain ignoring boring statistics and overvaluing vivid stories. That’s it. We constantly hear statistics about road accidents. But… When there is an aviation tragedy… well… you know what happens. Vivid memories. We like to believe we are purely rational beings making...
My son is now obsessed with rockets. He wants to go to the moon. Good for him. We’ll get there very soon… again. If you don’t know the story of Apollo 13, you should pay attention… because it has lessons for you too. NASA did not become NASA because everything went perfectly. Quite the opposite. Rockets exploded. Calculations failed. Systems broke. People died. And every time something went wrong, they did one thing better than almost anyone else: They learned. Apollo 13 is the famous...