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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 👇
You arrive to the room like a child with new shoes. First project meeting. Excited. Then a guy with not much hair says… “The SPV will pass the risk down through back-to-back contracts, subject to equivalent project relief and the lenders’ step-in rights.” You nod. Of course you nod. You have a degree. Twenty years of experience. And a LinkedIn profile that says “strategic leader.” You cannot possibly ask what the hell that means. So you write “back-to-back” in your notebook. Twice. Must be...
It’s election time in New Zealand. And you know… Governments love infrastructure pipelines. Pipelines create jobs. Especially for consultants preparing slides about the pipeline. I won’t talk about NZ… today… or maybe I do later… Let’s talk about Nigeria. Yes… Nigeria has been building PPP pipelines for years. On steroids. And you know what happens if you abuse… Well… In 2020, its infrastructure commission reported adding 158 projects. Yes… projects… not speed tickets. This year, the...
Every crossing of a street, I tell my four-year-old son: “Check both sides before crossing.” He normally looks at it for two seconds and says: “Done.” This is not quality assurance. It is confidence. A simple process. One person does the work. Another person verifies it. Apparently, this governance innovation had not yet reached Edinburgh, in the “Ununited Kingdom”. In 2001, the City entered into a 30-year PPP to deliver and maintain a group of new and refurbished schools. Seventeen of them....