People drawn in a glass of water. They lack perspective. ​ Look. You have all you need. ​ I repeat. You have all you need to achieve your potential. ​ And let me put you an example. ​ Probably you know her. ​ Her name is Emma Kok. Look for her on the internet. She became famous when she was 15 years old or so. She signs like the angels. If you look for her interpretation of the song “Voilà ”, you’ll see that it has more reproductions that any crap issued by Donald and Elon together, by far. Unfortunately, she suffers from gastroparesis, an illness that forces her to be connected to two feeding pumps for 22 hours a day in order to digest. If one day you feel like you can't handle something, watch this angel singing 'Voilà . ​ Now. You’re a privileged. You have a mobile phone or a laptop, and likely both. Probably two eyes. Probably two hands, two arms and two legs. Probably, one head, and one brain. And now, you have the conscience of knowing that having all those things is all you need. ​ Let’s go there, and get it. This can also help. ​Join my mentorship - Only $24.90 - LAUNCHING PRICE​ ​ 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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Conflict of interest: A time bomb You can have the best lawyers.The shiniest financial model.The perfect risk matrix. The most balance incentive a.k.a. bonuses program… And still see your project collapse…Because of conflict of interest. Take the Athens ring road extension. During procurement, it turned out that one of the “independent” advisors hired to evaluate bids had close financial ties with a consortium member. Not a minor connection. A proper stake in the game. When journalists...
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...