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Suggesting beats showing. Always. Just see what happens to women that show too much. They attract the wrong type of men… or probably not. They just attract all men… and then, it’s more complicated to do a good selection. The chances of getting it wrong increase. ​ But if they just suggest, they tend to attract a more sophisticated level of men. Less brutal, savage, and basic. Then, the chances of getting the wrong type of men decrease. ​ And remember, women risked their lives having s€x not long time ago. This is why they are wired to be more selective. ​ At least all this was explained in an article I read this week. ​ I don’t know if you agree or disagree. I see a lot of difference between wearing an amazing, tight and elegant, red dress and showing up the b00bs. ​ I can tell you about my experience. ​ If you show up your price, you’ll get all men… I mean… all contractors. Say that the estimated price is 3.5 billion dollars, and hordes of bidders will line up to provide random variations of that price with discounts between 30% and 10%. ​ But if you suggest the price, you’re start getting a few more sophisticated men… I mean… equity providers. Say that the estimated total investment is between 3.0 and 4.5 billion… and consultants start guessing, equity providers making calls, lawyers preparing offers to potential clients, financial advisors lighting candles to saints… In summary, you get another kind of movement. A different vibe. ​ When thinking about this, I wondered what would happen if you provided… No estimated price. Nothing at all. Like a mysterious princess in her castle… This may be a fairy tale… although there are some precedents… ​ Anyway, enough for today. More about PPPs and infrastructure below. ​The top 15 Lessons of a successful project​ ​The top 15 lessons of a nightmare project​ ​Don't be embarrassed. ​ ​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. ​ ​ |
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You can find horror stories almost everywhere. Not just developed countries. And successful ones too… as it’s not rocket science. Before 2010, the Philippines’ PPP program was infamous for all the wrong reasons: legal uncertainty, endless bid delays, weak feasibility studies, and risk allocations that scared investors away faster than typhoons. So they decided to stop, review, learn and repeat. They started to ask the market about what was wrong with the last projects. They noted. And decided...
You know that moment when a government says: “We’re launching a massive PPP program.” Or… “We are going to partner with the private sector to build roads”! Everyone claps like seals because… wow… private money, shiny highways, “international best practice,”. Re-election secured. Mexico did that in the early 90s. Fifty-two highway concessions. I repeat. 52 PPP fever everywhere. The “future” of infrastructure. And we’ll build Speedy Gonzales speed. Spoiler: It didn’t end well. Actually, it...
Last week I lost a dream villa in Auckland. In the most expensive neighbour in the country. Full renovation to be made to earn around 500k$ with the trade… although this one was for me. Amazing views of the sea and the Auckland Bridge… from the kitchen and dining area. Walking distance to downtown. I just needed to counter offer around 10-15k$ more and I got it. But I was weak. Hesitant. With lots of fears and doubts… Or maybe not that much. On reflection, I have my rules. Minimum discount on...