|
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. |
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
Every crossing of a street, I tell my four-year-old son: “Check both sides before crossing.” He normally looks at it for two seconds and says: “Done.” This is not quality assurance. It is confidence. A simple process. One person does the work. Another person verifies it. Apparently, this governance innovation had not yet reached Edinburgh, in the “Ununited Kingdom”. In 2001, the City entered into a 30-year PPP to deliver and maintain a group of new and refurbished schools. Seventeen of them....
I’m a PPP freak. You know… I heard in the news that Ghana will keep 70% of the toll revenue. Excellent. Seventy per cent is a very impressive number. Particularly before anyone asks: Seventy per cent of what? Ghana’s Parliament recently approved a 20-year PPP to introduce electronic tolling across 66 locations. The Government receives 70% of gross toll revenue. The concessionaire receives 30%. Great for a press release, some pictures and ceremonial pats in the back. Percentages are seductive....
1993. Argentina, the losers of the last World Cup. They are pros in Economics. This is why they signed a 30-year PPP with a nine-year business plan. What can get wrong? Nobody knew it was nine years. That was the problem. Or at least, one of them. The project was Aguas Argentinas. At the time, it was the largest water concession in the world. You know… Argentinos tend to exaggerate… a little bit… specially in front of the referee… More than eight million customers. Thirty years. Serious...