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Laziness. Think about it logically.
Sound familiar?
Laziness drives the world. Same thing happens with investing. A lot of people are too lazy to look for properties. This is why so few people actually do this. Make money. Create wealth. Now, you decide in which side of laziness you want to be. ​33 Questions about Flipping Properties​ 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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There is a beautiful moment in every project. The green dashboard. That’s where all bosses and politicians that never came to visit start to get excited. The speeches are ready. Everyone important has found a clean high-vis vest. Even new boots… yes, now that there is no mood. Then somebody makes the unreasonable decision to use the infrastructure. Welcome to Heathrow Terminal 5. 27 March 2008. £4.3 billion. On time. Within budget. The sort of numbers that make a Board presentation...
Ah… Time flies and PPPs finally arrive to the end… like a terrible elected leader term… Getting your infrastructure back at the end of a concession sounds lovely. Like removing Pedro Sanchez from office. The debt is paid. The concessionaire leaves. You get the asset. Like collecting your car after lending it to a friend. Except your friend has had it for 25 years. And “the tyres are fine” means they are still technically round. Oups… Do you remember the terms of the return? 2018 Severn...
You know the IBM ad: “Nobody has been fired for choosing IBM”. Well… in procurement there are ads like that. “We didn’t just go for the cheapest.” Lovely. Everyone nods. Someone writes “quality” in the minutes. Your career feels protected. Unfortunately, the project hasn’t read the minutes. Take Scotland’s Parliament building at Holyrood. In January 1999, three final candidates were competing to become construction manager. Bovis came out comfortably ahead at interview. 82 points out of 100....