Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
The system is robbing you... for your protection
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I don’t know if you’ve ever stopped to think about it, but the system isn’t designed for you to thrive. It’s designed for you to depend on it. On a salary someone else pays you. Basically, you’re the main character in a joke that isn’t funny. Because if you depend, you don’t decide. Yes… you don’t decide even if you vote… And, if you don’t decide, you don’t disrupt. ​ The problem starts when you begin asking questions: Well… When you start asking those kinds of questions, you begin to see the world differently. Because the day you understand how money works, you stop swallowing the nonsense they’ve been selling you. You stop believing the lie that says, “Go to university, study, and you’ll get a good job.” Instead, you start moving. You start doing things. You start taking control of your money (and your life). And suddenly, you realize something huge: The power was never in them. Yes, in you. To stop depending. To take control. To stop being just the one who foots the bill. To start playing to win. Losing? No. And your first step could start right here. ​Is this piece of real estate a good investment? - Price $29.90​ 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. |
Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
A few months ago, a SPV CEO called me about a contractual letter. It was almost ready to go. The lawyers had reviewed it. The board gave the blessing. Everyone seemed comfortable. But when I read it, I saw one small problem. The SPV was giving away a position worth a lot of money, and take additional risks. Look. Nobody in that team was incompetent. They simply hadn’t seen that situation before. They could not imagine in their head was the CJV was going to say and do. They were not putting...
“Operations are fine”, they said. Reports are produced. Meetings happen. Budgets are updated. And, little by little, budgets are not respected. A KPI deduction is untransferable. The client gives up trying to agree a Change Notice with the Project and call other contractors. Relationships are not that great anymore. An unresolved and relatively small claim becomes the common theme anytime the SPV meets with CJV… Value disappears… silently. One year after the other. Costs unchallenged....
A few days ago, I heard that NZ Transport Agency was withdrawing route protection for Auckland’s East West Link. What a pity. For those that don’t know… that was a multibillion-dollar project. And the infrastructure is really needed. Now… The money, time and effort already invested are gone. But that’s not only bad for the millions of taxpayers’ money wasted. It also sends the market a clear message: Don’t trust the pipeline. I bring this example, because governments want to build...