I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
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Robert Kiyosaki once said that every day is filled with defining moments. ​ And that’s absolutely true. ​ From the moment we wake up, we define ourselves when we decide to get up and exercise or sleep an extra half hour. We define ourselves when we call in sick even though we could go to work. We define ourselves when we choose our company to our family. We define ourselves when we watch television instead of reading a book on business or investing. We define ourselves when we turn our money over to a mutual fund to invest for us instead of learning how to invest by ourselves. We define ourselves when we choose social media to improve ourselves. ​ You’ve already had a few defining moments today. What you choose from now on… it’s up to you. But now, I hope that you are conscious of every decision you make. ​ What would you do with the link below? ​Even you can make money in Real Estate. ​ ​ 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
I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
Eastern Europe. Late 2000s. If you are old enough, you can feel the context. A massive highways PPP. Toll road. Billions in capex. One of those “nation-building” projects politicians love to parade in front of TV cameras. You can smell now the country… Your consortia are seasoned. Anyone knowing how to pour asphalt on top of something lined up. Your lenders are aligned. Your traffic advisors have gone blind staring at stochastic models. Everyone is gearing up for a clean, competitive...
I buy houses, apartments and buildings from 20.000km distance. In Spain, Panama, New Zealand… and I can stay anywhere. Of course, I don’t recommend that for you. Some people want to push globalization too much. Having assets in London, NY, Madrid, Singapore, Sydney, etc. at the same time is not good for your health, nor your pocket. You miss specialization. You miss learning and knowing well a market. When bidding PPP projects, I have seen successful bidders doing so from the distance....
It happens a few weeks ago. “Tell me about Madrid and Spain, how do you do it? I heard a business case that Madrid has been able to deliver the cheapest tunnels in the world…” I did not know about that case, but my answer was simple: “Do you know how many TMBs had Madrid at the time?” Look. If you want cheap infrastructure, create a pipeline. Madrid had during more than 10 years between 7 and 8 TBMs (the machines to make tunnels in engineering slang). They are extremely costly. So, they...