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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 👇
There's a fascinating way to save money in infrastructure. Stop building. Apparently, someone in the UK thought this was a brilliant idea. Take HS2. If you think the name of this railway project is spectacular, you should wait to see the cost overruns. The Government needed to control spending. Understandable. So what did they do? They delayed construction work. Reduced annual expenditure. And presumably celebrated the savings. Excellent. No money no deal… Except… if you need a piece of...
The other day, I saw another business guru sharing his wisdom. Apparently, founders and managers should delegate absolutely everything that can be done for less than $1,000 an hour. So they can focus on higher-value activities. Thousands of likes. Hundreds of comments. Everyone applauding. Sheep. Cheerleaders. It looked like an election campaign. But… don't get me wrong. You won't need to convince me about delegation. But… Delegation without control is called abdication. And there's something...
Ah… this consultancy world… it’s so funny. I just lost a mandate. The reason? Apparently, I was “too active.” Literally. Yes… this is why it is “too active” Not too expensive. Not too inexperienced. Not too busy. Too active. Infrastructure is… fascinating. Apparently, some projects need someone who doesn't ask too many questions. Doesn't challenge too many assumptions. Doesn't make too many decisions. And, above all, doesn't make anyone above them look uncomfortable. Ideally, someone who...