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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 $24.90 - LAUNCHING PRICE​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. |
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Innovation is one of the biggest fallacies in construction and PPP contracts. Governments love the word. It appears in every PowerPoint presented to ministers, investors and journalists. Innovation. Innovation. Innovation. But what exactly is innovation? A toilet that cleans your as$ 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...