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Again: About Knowledge
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Some time ago I talked about a kind of message. One like this one: "It’s interesting what you say, I even read you every day, but I would never buy anything from you because I don't believe I can learn what you know without going through what you've been through." OMG… And then, you wonder why there are adults that cannot tie their shoes… or get any success in life. I'll tell you something crazy: knowledge can be recorded. And another: it can be transmitted. And the last one: whatever you experience, any problem you face, someone else has experienced it before. Not just someone, but thousands, millions of humans, no matter how special you think you are. So many that several have left a record of it. And someone, more than one probably, including the solution. And that solution didn't come by itself. It came after trying dozens or hundreds of other solutions that didn't work. You can spend years going down the same path, hoping for the unlikely chance of reaching the same destination... Or you can acquire that knowledge in hours and build from there. For the first ones, I'm sorry. Indeed, I have nothing to sell you. Don’t even try to read a book… it cost money… some good ones, even 1$ at Amazon. For the second ones, I have something I'd love to share with you. ​THE ROOM: 15 Great Lessons of a Successful PPP Project​ ​THE ROOM: The 15 Top Lessons of a PPP Project Nightmare​ ​THE ROOM: How to Break Into PPPs (Without the Bullshit)​ ​The ROOM: The ONLY way of doing a proper procurement process​ ​THE ROOM: Back-to-Back PPP Gap Analysis Explained​ ​THE ROOM: The Top 10 Errors That Kill Your PPP Deal​ ​THE ROOM: How to Deal with Frustrating Lenders' Approvals in PPPs.​ ​THE ROOM: THE ROOM: Minimum size for a PPP Project​ ​THE ROOM: Buildings in PPP - Discussions with an African colleague​ ​THE ROOM: Key Challenges and Solutions in PPP Highway Projects - 5 Clauses You Should Improve​ Or… of course, you can have them all… and many other interesting lessons in The Room. ​The Room​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. |
Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
Most contractors enter a negotiation with the wrong assumption. They think: “The agency has the money. The agency has the power. The agency has the contract. So the agency has all the leverage.” Not in their dreams… In PPPs and major infrastructure projects, agencies also carry something very heavy: Loss aversion. They do not want a project failure. They do not want the Minister asking questions. They do not want the newspaper headline. They do not want the contractor collapsing. They do not...
January 2009. Tropicana, PepsiCo’s orange juice brand, was the undisputed leader in the US. Its flagship product, Pure Premium, was generating more than $700 million a year. A beautiful business. So what does a company do when everything is going really well? Sometimes, it overthinks. And screws it up. Someone in an office decided that the old packaging, the iconic orange with a straw stuck into it, was outdated. It needed to be modernised. It needed to be brought into the present. You know...
Look. Capital does not flow into PPPs because the project is important. Or because the Government wants it. Or because the infrastructure is badly needed. This is something many get wrong. Capital flows when the project makes sense. When revenues are clear. When risks sit with the parties best able to manage them. When governance works. When the financial model survives serious scrutiny. When the documents answer difficult questions before investors ask them. In summary, when money can...