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“When I have money” is the biggest lie that I hear. “When I have money” is the biggest lie you tell yourself. “When I have money” is the self-impose mantra to keep you poor. You don’t need money to start investing or start a business. You know that. Don’t try to convince you otherwise. Just google “how to” and you’ll get a few ideas. They many not work for you, or this is what you think, that there is for sure something that you can figure out… if you want to, of course. This way of creating a self-defeating mindset is not unique to investment or money. I hear it in many forms. “When I have more experience”. “When the new position comes up, I’ll step up” “When I finish this project” “When I demonstrate to my boss that…” “When the interest rates are down…” “When the market is more stable” “When the market goes down” “When I finish this business book” “When I finish this course” “When I finish my MBA” Etc. Or my favourite: “When I’m ready” All excuses for inaction. You and your children’s future will be determined by choices you make today, not tomorrow. Think of what you could do not today, but now in improve your income, your stills, your pension fund… whatever it’s a true priority for yourself, and just do it. I can propose you this today. ​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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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...
Governments love competitive tension. They spend 18 months creating it. Market soundings. RFQs. RFPs. Best and Final Offers… or Optimization Phase in some places… Lawyers, financial models, technical advisers, probity officers… and 143 versions of a contract called FINAL. I love this game! Then they select the preferred bidder. Sign the contract. Open the champagne. Take a photograph wearing hard hats. Book holidays to Fiji. And kill the competition. Because the first auction is over. The...
Private investors love traffic risk. Especially when the government carries it. India wants to revive private highway investment. Its traditional BOT model had collapsed. Less than 5% of highway projects got someone signing a BOT contract. So the government changed the model. Traffic-risk sharing. Revenue support. Government buyback. Suddenly, private investors are interested again. Funny how that happens. Let’s be fair. Sharing traffic risk may be exactly the right decision. Traffic is...