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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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One of my fauvorites… A toll road PPP. Beautiful business model. Traffic studies. Economic growth projections. Sophisticated demand modelling. Consultants everywhere. Like queuing for free ice-cream… The road opened in 2007. The project was the South Bay Expressway SR‑125 toll road. Everything looked perfect on paper. Except for one small detail. Drivers. They didn’t show up. The financial model predicted tens of thousands of vehicles per day. Reality? Sometimes traffic was 70–80% lower than...
Still in the UK. Now, a hospital PPP. Large. Modern. Shiny. Hundreds of millions invested. Years of planning. Procurement. Financial close. Construction. Finally… The building was delivered. Or so everyone thought. The project was the Royal Liverpool University Hospital PFI project. New hospital. Supposed to open in 2017. There was only one small problem. The building could not be used. Fire safety defects. Structural issues. Incomplete works. Entire sections of the hospital had to be torn...
Everyone relaxes after the contract is signed. Lawyers celebrate. Sponsors shake hands. The press release goes out. “Landmark infrastructure project.” “World-class partnership.” “Long-term value for taxpayers.” Champagne. Photos. LinkedIn posts. Etc. In 2018 one of the largest PPP contractors in the UK, Carillion, collapsed overnight. Not struggling. Not restructuring. Collapsed. Gone. A tomar por cul0. The company was involved in dozens of PPP projects across the UK and beyond. Hospitals....