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Projects and life have a lot in common
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When I had no money, I spent my days around people who criticized others. Failures focus on hating. Failures assume malice. Failures obsess over what they don’t like. ​ ​ Successful people always find a reason to go further. And the explanation is simple: Because slavery takes away the heaviest burden in the universe: responsibility. That’s why even when a slave escapes and accidentally makes money, they immediately search for something new to enslave themselves to: meetings, commitments, micro-management. Look… This is simple. ​ That’s the first thing I’d do if I were living in slavery. ​ The third? Learn. Want more. Yes. I talk about life. Your life. My life. And projects. PPP projects. Any kind of project. Don’t pass the hot potato. Assume your responsibility. Learn. Thrive. People still believe that to learn you need to suffer. But no. It’s more simpler than that. Lessons about life and projects below.
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Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
Every crossing of a street, I tell my four-year-old son: “Check both sides before crossing.” He normally looks at it for two seconds and says: “Done.” This is not quality assurance. It is confidence. A simple process. One person does the work. Another person verifies it. Apparently, this governance innovation had not yet reached Edinburgh, in the “Ununited Kingdom”. In 2001, the City entered into a 30-year PPP to deliver and maintain a group of new and refurbished schools. Seventeen of them....
I’m a PPP freak. You know… I heard in the news that Ghana will keep 70% of the toll revenue. Excellent. Seventy per cent is a very impressive number. Particularly before anyone asks: Seventy per cent of what? Ghana’s Parliament recently approved a 20-year PPP to introduce electronic tolling across 66 locations. The Government receives 70% of gross toll revenue. The concessionaire receives 30%. Great for a press release, some pictures and ceremonial pats in the back. Percentages are seductive....
1993. Argentina, the losers of the last World Cup. They are pros in Economics. This is why they signed a 30-year PPP with a nine-year business plan. What can get wrong? Nobody knew it was nine years. That was the problem. Or at least, one of them. The project was Aguas Argentinas. At the time, it was the largest water concession in the world. You know… Argentinos tend to exaggerate… a little bit… specially in front of the referee… More than eight million customers. Thirty years. Serious...