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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 👇
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....
I’m a PPP freak. You know… I heard in the news that Ghana will keep 70% of the toll revenue. Excellent. Seventy per cent is a very impressive number. Particularly before anyone asks: Seventy per cent of what? Ghana’s Parliament recently approved a 20-year PPP to introduce electronic tolling across 66 locations. The Government receives 70% of gross toll revenue. The concessionaire receives 30%. Great for a press release, some pictures and ceremonial pats in the back. Percentages are seductive....
1993. Argentina, the losers of the last World Cup. They are pros in Economics. This is why they signed a 30-year PPP with a nine-year business plan. What can get wrong? Nobody knew it was nine years. That was the problem. Or at least, one of them. The project was Aguas Argentinas. At the time, it was the largest water concession in the world. You know… Argentinos tend to exaggerate… a little bit… specially in front of the referee… More than eight million customers. Thirty years. Serious...