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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. |
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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...
A train fails its final test. Normally, you fix the train. In Ottawa, they found another option. They changed the test. Just as Margaret Thatcher when she didn’t like her unemployment numbers… The context. In 2019, the city’s new light rail system was approaching opening day. The final trial was supposed to show it could run reliably before passengers got on board. The first three days exposed serious problems. Testing was paused. This is the point where a sensible person says: “Perhaps we...