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I’ve met a few these last weeks… so I can deduct that the world is full of who dream of quitting their job and become entrepreneurs, running their own business, running investments, living somewhere else or taking more control of their lives. The problem is that their dream is just a dream. It’s a question of priorities. A question of courage. I was not very courageous, I must confess. This is why I decided to act with the two feet on the ground. All started with side businesses. All failed. Then one real estate business… I failed, and lost lots of money. But I learned a lot. I didn’t give up. I kept trying and learning. Then, a second real estate business. It started well… then problems, more problems… But I keep learning and trying. Then, a consultancy business… Then, a newsletter. Then, coaching business… And so on. Learning. Adjusting. Reviewing. Adjusting. Doubling down in what it works. Consistently. In personal growth and, even business, you only lose when you give up. When you see your setbacks as learning experiences, you live more relaxed, and you sleep better despite the complexities and anxieties… The journey is what is important, not the destination. This is why, I keep going. Mentors and coaches are an important part of that journey. Do it alone because you know it all… won’t get you into your full potential. I have a proposal for you today. You can get it below.
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You know what I like saying. The most expensive piece of infrastructure is not a tunnel. It is not a bridge. It is the Send button. Welcome to Northern Ireland. Project Omega. A 25-year PFI plant for wastewater and sludge treatment. The SPV, Glen Water, put a £4.4 million claim. The issue? Failures by Northern Ireland Water to meet its obligations for an existing incinerator. Typical… the client not meeting expectations… And this is what everything stats to be interesting. There had been...
There is a strange phenomenon in big projects. The bigger the project becomes… …the smaller your world gets. Egos kill more projects than bored consultants. I’ve seen it. Normally, it goes like that… You spend your morning discussing clause 38.4. Lunch reviewing the debt sizing. And your afternoon arguing whether a risk should be red… …or dark orange. … and what would be the right color after mitigation… Meanwhile: Interest rates move. A contractor issues a profit warning. A Government...
You arrive to the room like a child with new shoes. First project meeting. Excited. Then a guy with not much hair says… “The SPV will pass the risk down through back-to-back contracts, subject to equivalent project relief and the lenders’ step-in rights.” You nod. Of course you nod. You have a degree. Twenty years of experience. And a LinkedIn profile that says “strategic leader.” You cannot possibly ask what the hell that means. So you write “back-to-back” in your notebook. Twice. Must be...