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Mentality is all. Something didn’t happen as expected, and you can accept it and learn or keep complaining. Most people do the second. Either you win or you learn. That’s mentality. And even if bitter, I’m trying to be optimistic. Fake it until you make it. Why, let Daniel Kahneman explain it for me. “Optimists are normally cheerful and happy, and therefore popular. Optimists are resilient in adapting to failures and hardships. Their chances of clinical depression are reduced, their immune system is stronger, they take better care of their health, they feel healthier than others and are in fact likely to live longer. A study of people who exaggerate their expected life span beyond actuarial predictions showed that they work longer hours, are more optimistic about their future income, are more likely to remarry after divorce (the classic “triumph of hope over experience”), and are more prone to bet on individual stocks. Of course, the blessings of optimism are offered only to individuals who are only mildly biased and who are able to “accentuate the positive” without losing track of reality." This is per se a great business lesson. Totally applicable to Real Estate investing. Your enthusiasm is contagious. You’ll bring more clients, more investors, more good subbies, etc. Now. Do you want to feel optimistic? Do you to change your mentality for the better? Then, you need to subscribe to the newsletter below. It just takes one click. ​Subscribe to the 1-minute question: mindset optimization, entrepreneurship, motivation, business, being more productive, self-improvement, better focus and social psychology​ 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 theantagonist.co PD 3: If you want unsubscribe, click the link below. |
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As Robert Kiyosaki once said: “Opportunities repeat themselves because people repeat the same mistakes.” Markets change. People don’t. New projects. Same optimism. New investors. Same herd behaviour. New PPPs. Same bad risk allocation. New SPVs. Same surprise when operations become a monster. The great advisers are not the ones chasing the hot market. They are the ones studying the repeated mistakes. Once you recognise the pattern, you stop being another consultant with opinions. You become...
Some time ago I talked about a kind of message. One like this one: "It’s interesting what you say, I even read you every day, but I would never buy anything from you because I don't believe I can learn what you know without going through what you've been through." OMG… And then, you wonder why there are adults that cannot tie their shoes… or get any success in life. I'll tell you something crazy: knowledge can be recorded. And another: it can be transmitted. And the last one: whatever you...
Most contractors enter a negotiation with the wrong assumption. They think: “The agency has the money. The agency has the power. The agency has the contract. So the agency has all the leverage.” Not in their dreams… In PPPs and major infrastructure projects, agencies also carry something very heavy: Loss aversion. They do not want a project failure. They do not want the Minister asking questions. They do not want the newspaper headline. They do not want the contractor collapsing. They do not...