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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 👇
This anecdote is so good that I couldn’t resist. Apparently, a Brazilian steakhouse once took the US Government to court. It wanted to bring Brazilian chefs into the country because they knew how to prepare meat in a very particular way. They had not learned it at university. They had learned it growing up. At home. From their families. Inside their communities. Just as Spanish people learn how to appreciate the good jamón ibérico… Well… US immigration said that was culture. Not “specialised...
UK’s largest infrastructure project. In June 2018, High Speed 2 or HS2’s main civil contractors issued a warning. Their early estimates were showing significant cost increases. That was not a rumour. Not an anonymous complaint. Not some junior engineer being negative. It came from the contractors building the bloody thing. The project continued. Reviews followed. Committees met. Reports were written. PowerPoints were probably magnificent. As usually they are…specially when consultants are...
Unfortunately for taxpayers, many decision-makers and politicians do not understand value for money. Not a clue. And it costs taxpayers billions. Let me tell you something. A few weeks ago, I went to Auckland Zoo. As we do every time, we stopped at the shop on the way out. This time, my son became obsessed with a crappy little meerkat figurine. About 5cm tall. Pure plastic. I did not even look at the price. I was delighted. How cheap! I walked to the counter and paid. I was slightly surprised...