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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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Innovation is one of the biggest fallacies in construction and PPP contracts. Governments love the word. It appears in every PowerPoint presented to ministers, investors and journalists. Innovation. Innovation. Innovation. But what exactly is innovation? A toilet that cleans your as$ with a water jet and eliminates toilet paper. Innovation? Maybe. Maybe not. It depends. In Question 28 of the course below, I explain how “innovation” actually works in PPP bids. How to win points if you are...
One of my fauvorites… A toll road PPP. Beautiful business model. Traffic studies. Economic growth projections. Sophisticated demand modelling. Consultants everywhere. Like queuing for free ice-cream… The road opened in 2007. The project was the South Bay Expressway SR‑125 toll road. Everything looked perfect on paper. Except for one small detail. Drivers. They didn’t show up. The financial model predicted tens of thousands of vehicles per day. Reality? Sometimes traffic was 70–80% lower than...
Still in the UK. Now, a hospital PPP. Large. Modern. Shiny. Hundreds of millions invested. Years of planning. Procurement. Financial close. Construction. Finally… The building was delivered. Or so everyone thought. The project was the Royal Liverpool University Hospital PFI project. New hospital. Supposed to open in 2017. There was only one small problem. The building could not be used. Fire safety defects. Structural issues. Incomplete works. Entire sections of the hospital had to be torn...