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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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Imagine that you write your monthly report. Yes, you’re part of a consortium in a PPP project. You write your report. And you send it to the agency, the government, or whatever. It’s subject to the famous review procedures. The agency sends back comments. They disagree with some of your statements. And you disagree with those statements. What to do? Remember, next month, again the j*dido report de mi€rda. You can be dragged to an endless set of discussions about every single monthly report....
A terrible clause about Force Majeure. A lawyers’ money-making machine with the definition of “Substantial regulatory changes” A few days ago, I had the opportunity to discuss common flaws to PPP contracts. Lawyers can be really good drafting millions of pages. They have no idea how real people deal with those pages in a day to day basis. That was the conversation I had with a student of the mentorship. 5 clauses. 5 headaches. Easily avoidable. The clauses, the potential solutions, together...
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 I’ve 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. “Disagreements will be discussed” Literally. Good luck with getting a solution. Discussing can be the more frustrating of...