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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 👇
A few days ago, I talked about the smallest PPP in the world. It’s in Poland. 12.000€. Probably quite unknown. There are another one… this time famous. Small building. Small investment. Small transaction costs. Sorry. That last one was a joke. Scotland. 2002 Audit Scotland reviewed six school PFI projects. For Glasgow, it reported around £12 million in combined public and private sector set-up and advisory costs. Against £212 million in construction. For West Lothian? Around £2 million....
Before you tell a difficult public client: “You can’t do this without me.” Consider a small building in Sydney. White roof. Quite photogenic. You may have seen it. February 1966. Jørn Utzon, the architect of the small building, met the NSW Minister for Public Works, Davis Hughes. There were unpaid fees. A dispute over funding for prototypes. And a relationship that had already gone thoroughly to hell. Utzon threatened to quit. Hughes replied: “You are always threatening to quit...” And both...
Now that it’s time of elections… let’s talk about important meetings. Well… maybe you remember who was Schabowski. Some people leave a meeting with action items. Günter Schabowski left one with a border crisis. Berlin. 9 November 1989. Schabowski was giving a press conference about new travel rules for East Germans. He had received the document shortly beforehand. He hadn’t read it carefully. Excellent preparation… that I truly recommend for you. Then came a perfectly reasonable question:...