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You want people in a Rolls Royce
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“Wall Street is the only place that people ride to in a Rolls Royce, to get advice from those who take the subway” - Warren Buffett If this sentence does not make you think for a while, read it twice. Or three, four, five times until your head blows up. This sentence contains the essential difference between an advisor and a mentor. The first talks to you from almost the academia. The second from life experience. ​ At my MBA I thought that I’d see rich professors… but I didn’t. It was supposed that I would learn from people that made the journey I wanted to make. But they didn’t. That’s the main flaw of the education system these days. They teach you to be good employees, but not to thrive and grow personally. And worst… the system hides the fact that you must be learning… your whole life. I’m sure that you won’t see Elon Musk going to Harvard to join a course to get a pay raise or to find out how to sell more rockets, right? That’s the point. For mentoring options, I have a package for you, below.
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Vicente Valencia
I talk about Personal Growth, Management, Infrastructure and More | 👇JOIN +2k readers 👇
I’m an engineer. By accident. But an engineer nevertheless. I’ve seen landslides during construction, and after construction. Specifications not converting properly between inches and cm. Expansion joints popping up in summer like popcorn. Pavement failing in the first winter after opening. Subcontractors going broke. Or bought by the competition you stole the project from… But still… 80% of serious PPP failures are NOT technical… They are contractual. Risk allocation errors Toxic KPI regimes...
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...