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You know that working 8 hours a day for over 40 years straight, just to retire and finally enjoy “the life of your dreams” in the last stage of your life has never been my cup of tea. My goal is not the Lambo. It’s not drinking overpriced wine… and obviously not New Zealand red wines. I just want to own my time. That’s it. Some people call this financial freedom. You know that I read about the subject. Forums, blogs, books, and… from time to time I did it on social media. Yes… it was a time where I checked those places. Here is the problem I discovered. If you check those sites that poison your brain, you’ll find a bunch of self-proclaimed “experts” telling you exactly what to do to reach financial freedom. The problem? None of them have actually achieved it. Think about it: Overweight people preaching health. Government employees giving startup advice. Broke financial gurus talking about “freedom” while watching their bank account hit zero on the 25th… Come on… You have to laugh. I don’t know about you, but I don’t listen to people like that. Think again: Want to get fit? Follow athletes, coaches, and nutritionists. Want to learn business? Study successful entrepreneurs. Want financial freedom? Pay attention to people who are already there. That’s it. And with projects or infrastructure, this works the same. Think again please: Want a bridge over the sea? Find those that have successfully done it before. Want a tunnel under the sea? Find those that have successfully done it before. Want a successful PPP? Find those projects that were delivered successfully That’s it. Want to know about a project that was successful despite all the odds? Check below.
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By the answers of yesterday’s email, I see that people love Canada. I do. So here you are more meat. Montreal… or as we say in Montreal… Montréal. Early 2010s. Project: McGill University Health Centre (MUHC) PPP Value: ~ CAD $1.3 billion Model: DBFM Canada again. Sophisticated market. Experienced advisers. Polished risk matrices. I was there practising kung fu and delivering infrastructure. The goal? Deliver one of the largest hospital redevelopments in North America through PPP. And make it...
Toronto. 2015. Project: Eglinton Crosstown LRT. Value: CAD $5+ billion. Model: DBFM. Jurisdiction: Canada — the global gold standard of PPPs. The agency wanted efficiency. Faster procurement. Faster close. Cleaner risk transfer. Put a medal in the chest for opening the day before election day. So they did what PPP manuals love to say: “Allocate risk to the party best able to manage it.” That sentence has probably financed more claims for lawyers than any other in infrastructure history....
This is the key question that made his face change. Last week. A mentee. Shocked by a very simple question. Look, I’ve seen through the years people living in a cage. Of self-imposed believes and limitations. You can blame your parents, your wife or husband, society, the lefties, Bad Bunny or Donald T. Whatever. These limitations, self-imposed, are holding you back. If you believe that it’s impossible to multiply by 10 your income… You’ll miss the opportunity of letting your brain being in...