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Next time someone tells you that making money isn't a matter of mindset, ask them how much they earn. â â I see out there many people following advice from people that have zero skin in the game. Accountants that tell you to do X, Y, Z, with your investments⌠but they donât have any investments. Or accountants that tell you that you shouldnât create a company and remain as a sole entrepreneur because itâs simpler⌠but they use a company. Traders that provide courses and make zero dollars doing traders⌠100% of revenues providing courses. â I always got fascinated by professors in MBA schools that were teaching âbusinessâ, but they havenât created any. Now, itâs the social media. People telling you about successful businesses that you should create⌠when the only business they have created is being an influencer. â Look. â Use this information as you like. â If you want to follow someone with skin in the game. You can use the link below.
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 vicentevalencia.com PD 3: If you want unsubscribe, click the link below. â â |
Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | đJOIN +2k readers đ
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...