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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
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
You know what I like saying. The most expensive piece of infrastructure is not a tunnel. It is not a bridge. It is the Send button. Welcome to Northern Ireland. Project Omega. A 25-year PFI plant for wastewater and sludge treatment. The SPV, Glen Water, put a £4.4 million claim. The issue? Failures by Northern Ireland Water to meet its obligations for an existing incinerator. Typical… the client not meeting expectations… And this is what everything stats to be interesting. There had been...
There is a strange phenomenon in big projects. The bigger the project becomes… …the smaller your world gets. Egos kill more projects than bored consultants. I’ve seen it. Normally, it goes like that… You spend your morning discussing clause 38.4. Lunch reviewing the debt sizing. And your afternoon arguing whether a risk should be red… …or dark orange. … and what would be the right color after mitigation… Meanwhile: Interest rates move. A contractor issues a profit warning. A Government...
You arrive to the room like a child with new shoes. First project meeting. Excited. Then a guy with not much hair says… “The SPV will pass the risk down through back-to-back contracts, subject to equivalent project relief and the lenders’ step-in rights.” You nod. Of course you nod. You have a degree. Twenty years of experience. And a LinkedIn profile that says “strategic leader.” You cannot possibly ask what the hell that means. So you write “back-to-back” in your notebook. Twice. Must be...