When you do the right thing


During my holidays, I’m supervising a few Real Estate projects.

And you know when you try to do shortcuts.

They hit you in the ass one day or another.

No matter how fast you run, how hard you try… your main job becomes to hide and deal with missteps moving forward instead of stopping for a second and redo the thing in the right way.

Sorry.

There is only one way of doing things and be successful: doing the right thing.

The truth is effortless. You don’t need to remember and justify your lies.

The same is with your projects.

Do the right thing, even if it is hard, even if you need to recognize mistakes.

If you do that, your professionalism goes up, and that puts you miles away from the rest.

If you do that, your business goes up, improves, becomes known for the right things.

You’ll thrive.

In my last project, lots of time was wasted in covering things not done right… when the answer, the guideline, the right way… was perfectly described in the contract…

Check it out.

$799.50

The 15 Top Lessons of a PPP Project Nightmare

​

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.

Vicente Valencia

Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇

Read more from Vicente Valencia

“No fee paid upfront.” “If you can bring equity capital of $45 million, then we can talk about success fees.” Wonderful. You bring the project. I bring the investors. The contacts. The credibility. The hours. And the working capital to finance my own involvement in your adventure. Then, if everything works, we can talk about paying me. Not pay me. Talk about it. Beautiful little detail. Look. I have nothing against success fees. I do work on success. But think about it. Working entirely at...

Imagine you are building a hospital. Actually, make it two. Both under PFI contracts, aka, another acronym in the PPP world. One morning, your contractor goes into liquidation. That morning arrived on 15 January 2018. The contractor was Carillion. The hospitals were Royal Liverpool and Midland Metropolitan. Construction stopped. Unfortunately, patients could not be admitted to a PowerPoint explaining the risk allocation. Fortunately, only their taxes were claimed. The projects had to be...

You know those “premium” sofas in New Zealand? The ones that are so premium that are also suddenly 50% off? Wonderful news. Until you wonder what the original price was doing. Was I about to pay for a sofa? Or fund the retailer’s retirement? Or their kids going to Harvard? Now imagine that feeling in a procurement room. Well… I found a case that it’s the perfect example. 1976 General Electric was bidding to build part of PAVE PAWS, a US missile warning radar system. Its original price for the...