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Codie Sanchez, an amazing lady, building millions in boring businesses says it clearly. ​ Your salary will never set you free. Your financial freedom can only come through ownership. More specifically, through equity done the right way ​ She believes in boring businesses. I may try one day. I believe in making real estate a business. ​ I propose you a very simple offer. ​ That you take a look to my philosophy about real estate. It’s easier than you think. It just takes some work. Hard work I would say. But waking up every day at the hour you’re told, is some work. Some days, hard work. Wearing what you’re told is some work. For me… really hard work. Heating your chair with you *ss every day, minimum 8 hours, is also hard work. Waiting for a promotion or a raise that covers inflation is also hard work. ​ You choose your “hard”. ​ Buy cheap. Renovate. Hold or sell. Finance strategically. Be smart about taxes. Simple. ​ Still, many will wait and hope for a raise. ​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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You know I’m no fan of the World Bank. But from time to time, curiosity opens some doors. This is what I found. More than 50% of PPPs are renegotiated… Let that sink in. 50%. And usually in favor of the private sector... 50–60% of PPP contracts in developed countriesand up to 70% in emerging marketsare renegotiated within the first 5–7 years. So the contract you sign is not the contract you live with. What does it mean? Simple… It means the real risk allocationis not the one approved by...
This week I received a message from a subscriber that should make every government, agency, and consulting firm uncomfortable. It came from a man who led one of the most successful Education PPPs in the world. A $165 million program funded by USAID.Implemented across 10 districts in Sindh, Pakistan.State-of-the-art schools.A pioneering Education Management Organization (EMO) model.One of the few genuine unsolicited PPP projects in the country.A full PPP Guide & Toolkit still in use today. He...
It is a much small bag. But my wife is happier. Christmas present. She needed a new bag. Found one she liked but it was much smaller than her previous bag. She was worried. But yesterday, she said. I'm very happy with this bag. You know why? Surprise me... (but I knew the answer). As it smaller, I put less things inside, and it's much lighter. Like tender documentation. I've been heavily criticised for being a fanatic of reducing as much as I can the "space" for bidders to explain their...