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Mentality is all. Something didnât happen as expected, and you can accept it and learn or keep complaining. Most people do the second. Either you win or you learn. Thatâs mentality. And even if bitter, Iâm trying to be optimistic. Fake it until you make it. â Why, let Daniel Kahneman explain it for me. â âOptimists 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 âtriumph of hope over experienceâ), 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 âaccentuate the positiveâ without losing track of reality." â This is per se a great business lesson. Totally applicable to Real Estate investing. Your enthusiasm is contagious. Youâll bring more clients, more investors, more good subbies, etc. â 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. âSubscribe to the 1-minute question: mindset optimization, entrepreneurship, motivation, business, being more productive, self-improvement, better focus and social psychologyâ â 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. â â |
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Despite being on a Saturday, I received a few emails asking about yesterday contract! Look⌠I have plenty of examples. Yesterday, it was a PPP in the Philippines⌠but Iâve been working on a few others PPP project. A fantastic example with nice clauses that are less bankable than a PPP for a data center in North Korea. Kenya. A known highway. The Review Procedure. âDisagreements will be discussedâ Literally. Good luck with getting a solution. Discussing can be the more frustrating of...
These days Iâm enjoying some interesting stuff. There is a clause. In particular, 13.3 of a project agreement. âForegone Toll Income & âMutual Agreementâ Extensionâ** I love the title. It deals with cases where the government prevents the toll road from charging the approved tariff. Then, if this happens, logically for political reasons⌠The government must either: Compensate the monthly Foregone Toll Income, or Grant a Concession Extension, the duration of which must be mutually agreed If...
These days, I usually panic a little. Just a little. Not because of the âsocial commitments.â And not because of the alcohol⌠which, letâs be honest, doesnât do your health any good whether itâs âonly one,â âonly two,â December or June. No. Itâs something worse. Much worse than overeating and overdrinking. Queueing. For me, queueing is more terrifying than being forced to watch an entire season of Big Brother. Nothing good ever comes out of standing in line. Nothing. Maybe disappointmentâŚ...