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The brain is an extraordinary organ when looking for causes to say no. In fact, unfortunately for your pocket and mine, many people are just empowered to say no. Politicians, public servants, flight attendants, utility workers, and so on. They see risks everywhere instead of solutions and ways out. Terrible sickness. With only a cure… Not depending on the no-sayers. That’s called freedom and a I-don’t-give-a-f*uck mindset where your brain works around solutions and to achieve your objectives. You cannot kill them, at least legally, you can just work around. Without the proper mindset… you’re doomed. If you have faced them, you know what I’m talking about. My way to freedom is real estate. With assets putting money in your pocket every month, life seems quite different. Some of my secrets, my numbers, profitability and much more, below.
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Parkinson’s Law: Work fills the space you give it. “If you give yourself three years to complete something, completion will take three years.” Now replace “three” with whatever number… like eight. That’s what I keep seeing in infrastructure. Projects designed to take 8… 10… 12 years. Not because they need it. Because nobody in the room knows how fast it can actually be done. Some clients hire advisors who have never delivered a project at scale. Or with no direct experience in the type of...
There is a project that I follow even if I live now at the other side of the Pacific. It is… or it was… or it will be one day, one of the most ambitious (and game changer) infrastructure projects in the world. It was also meant to be a PPP. California High-Speed Rail The idea sounded great: Connect major cities. Reduce emissions. Transform mobility. On paper, it had everything. In reality… it had a problem. The scope was never stable… and still it’s not. Routes changed. Stations moved....
Not corruption. Not politics. Just… incompetence. A real project. $800M. In LatAm… No more details, as in this distribution list, there are too many people living in that country… Here you are the 4 red flags that would have helped you to smell blood miles away. First red flag: They didn’t understand their own project. I’m not exaggerating. They launched the RFP with: Misaligned traffic studies Outdated geotech data A design that didn’t match the environmental permits Second: They outsourced...