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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 👇
It doesn’t matter what project we’re talking about. PPP or else. If I took a picture of most people negotiating a Project Agreement today and compared it with one from five years ago, you wouldn’t notice the difference. Same priorities. Same obsession with financial close. Same attention to construction risk. Same drama around LDs, relief events, variations, refinancing, performance deductions and lenders’ approvals. And the same silence around Hand-Back Requirements. Nothing has changed....
“What’s happening with you?” Look. You’re not going to look smart by bringing those clauses to the table during negotiations. Nobody will thank you. No one. Not your bosses. Not the advisors. Not even the client. Everyone is focused on financial close. And their bonuses. And those big pats on the back. “Why are you bothering us with that?” I know. When you have four years of construction ahead. Utilities still undefined. Properties not properly acquired. A recent landslide before signature....
In today’s world, we are surrounded by information. By tips. You ask ChatGPT for ways to… Let’s say. Improve communication. Yes, remember: communication skills are probably the skill you need to be working on right now. Well… ChatGPT takes information from thousands of blogs. Unrelated to you. You feel overwhelmed. And you do nothing. You stay exactly where you were. That’s today’s world. We have access to information and knowledge. But we don’t use it. We look for the next tip. And the next....