Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
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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 👇
In every field of human endeavor, he that is first must perpetually live in the white light of publicity. Whether the leadership be vested in a man or in a manufactured product, emulation and envy are ever at work. In art. In literature. In music. In industry. Even in infrastructure advisory. The reward and the punishment are always the same. The reward is widespread recognition; the punishment, fierce denial and detraction. When a man’s work becomes a standard for the whole world, it also...
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....