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Next time someone tells you that making money isn't a matter of mindset, ask them how much they earn. ​ 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 don’t have any investments. Or accountants that tell you that you shouldn’t create a company and remain as a sole entrepreneur because it’s simpler… but they use a company. Traders that provide courses and make zero dollars doing traders… 100% of revenues providing courses. I always got fascinated by professors in MBA schools that were teaching “business”, but they haven’t created any. Now, it’s the social media. People telling you about successful businesses that you should create… when the only business they have created is being an influencer. Look. Use this information as you like. If you want to follow someone with skin in the game. You can use the link below.
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Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
I love the UK’s market… it has shown us so many things… Let’s take for example the UK Post Office. Early 2010s. The guys had a problem. Its Horizon accounting system said money was disappearing. Yeah… just like that… And you still wonder about Brexit… Anyway… the Post Office blamed the usual suspects… the people operating it. Hundreds were prosecuted. Some went to prison. Lives were destroyed. And for years, the official position remained essentially the same: The system works. Ole, with 2...
I always say that politicians cost taxpayers billions. And not because of their salaries, the salaries of their friends and advisers, or the favours repaid while they are in office—or afterwards. No. Because of their incompetence and lack of common sense. For example… Never announce the marriage while you are still negotiating the prenup. This is common sense. Still, politicians with billions in their hands throw common sense in the bin. We even have well-documented cases. With papers… And...
A few weeks ago, I had a call with a colleague in Kenya. He told me about the chaos surrounding the proposed PPP at Jomo Kenyatta International Airport. He may even be reading this email. Hello. The story is quite impressive. Kenya needed to expand its main airport. That part was not controversial. JKIA was already operating above its designed capacity. It needed a new terminal. A second runway. More capacity. And Kenya did not exactly have a few billion dollars sitting comfortably in a...