Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
You're a loser if you play this game
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Would you play a game where you have 99% chances of losing? Before you answer, listen. Or read… sometimes I forget that this is an email… Well… read or listen. It’s impossible to make an adult to change their mind. Impossible, at least in one conversation, demonstration or else. In fact, the more you try, the more convince that “adult” is on their position. It’s that simple. And if not impossible, let’s say that this won’t happen 99% of the time. Well… People are still playing that game. Over and over. Over and over. Every single day. No wonder why they could be called losers. Still, people argue. People get angry with one another. People lose their friendships. What a waste. And very importantly remember this. Remember it very well. Repeat it every day. People prefer to be right than knowing the truth. I do my things. I let others argue, enter into arguments… I just go with MY flow. I do small investments, some other quite big. Since I don’t argue, I live happier and wealthier, and I go faster. A lot of this is expressed in my philosophy about how approach real estate. If you want to know more… here you can get some clarity. ​Is this piece of real estate a good investment​ 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. |
Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
Tonight at 23:59, the price of the two Hand-Back Requirements courses almost doubles. That is the email. Now, let’s remove the excuses. You don’t need more information. You don’t need to “think about it.” You don’t need to ask your boss, your partner, your mentor, your procurement guru, your spirit animal or the guy in the office who still thinks financial close is the peak of human civilisation. You know whether this is for you. If you work in PPPs, concessions, infrastructure, lenders’...
It doesn’t matter what project we’re talking about. PPP or else. If I took a picture of most people negotiating a Project Agreement today and compared it with one from five years ago, you wouldn’t notice the difference. Same priorities. Same obsession with financial close. Same attention to construction risk. Same drama around LDs, relief events, variations, refinancing, performance deductions and lenders’ approvals. And the same silence around Hand-Back Requirements. Nothing has changed....
“What’s happening with you?” Look. You’re not going to look smart by bringing those clauses to the table during negotiations. Nobody will thank you. No one. Not your bosses. Not the advisors. Not even the client. Everyone is focused on financial close. And their bonuses. And those big pats on the back. “Why are you bothering us with that?” I know. When you have four years of construction ahead. Utilities still undefined. Properties not properly acquired. A recent landslide before signature....