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. ​ 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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Yesterday I told you about a KPI regime that seemed a horror story. Today, I bring you another that kills. Kills contract, I mean. I often tell people that vertical PPPs are not my cup of tea. Hospitals… I run away. Too complicated. Too political. Too high stakes. Take the wave of hospital PPPs in the UK during the 2000s. On paper, they looked brilliant: new facilities, modern equipment, long-term maintenance secured. But still… the KPI regime was written by bureaucrats with too much coffee...
Some PPPs die before they start.Others collapse under the weight of construction. And then there are those that rot from within — strangled by their own KPI regime. Take the Peterborough Prison PPP in the UK.On paper, it was innovative: the first privately financed prison with a focus on rehabilitation. The government loved the concept. The innocent believers in human nature wet dreamt about it. The financiers lined up.The operator thought they could make it work… if not, they would still...
Humiliation can come in many ways. But probably, one of the most humiliating failures a government can suffer in a PPP is the silence. This happened in a mid-sized developed country of the Commonwealth just a few years ago. The government wanted a flagship social infrastructure project: a cluster of new courthouses and justice facilities, spread across regional cities. They framed it as transformational. A “once in a generation” opportunity. Ministers on stage, cameras rolling, the usual...