Plus ultra a solis ortu usque ad occasum
Plus ultra a solis ortu usque ad occasum
Are you planning or implementing an investment - please read and think about.
🕕Time to read the following text is about 2 minutes.
With investments it's like ... soccer. In theory, everyone knows each other. In practice, it varies. The main difference is that while after a failed match we can sing to ourselves "nothing happened", after a failed investment no one is likely to say so anymore. Failed investments can lead to the ruin of companies and their owners. The implications of missed or poorly executed investments can last for years.
How to spoil an investment? You can in many ways. There are times when no one needs the investment (the malicious say this happens in public investments). However, it is probably more often the case that the investment would have been successful, profitable, etc. if mistakes had not been made at certain stages. What kind of mistakes are these? This question seems important, but there is a more important question. What are these stages, i.e. what stages of investment do we distinguish (or rather, should we distinguish). Most often we write about the stages - pre-investment, planning and design, task contracting, implementation and operation of the investment. Within the framework of the mentioned stages, we have various tasks and activities, for example, issues of costing, so-called financial assembly, etc. And this is, of course, how we will usually proceed, with me, however, proposing an approach less "bookish" and more practical, i.e. concept and acceptance of the concept, business plan and acceptance of the business plan, and then only the stages of proper planning and design, contracting of tasks, implementation of the investment, and finally operation of the investment.
And that's basically (almost) all about investment. Well, yes, if one has read other posts on this site (e.g., about contracts) one will quite rightly notice that I write relatively a lot about other topics (e.g., contracts), and write so little about such an important topic as investments (contracts are an important but small part of them). Of course, there is a lot of truth in this, but this is due to the fact that there are different investments. On one hand it may be the renovation of a small office, and on the other a factory in Africa, and secondly (almost) every investment should be planned and implemented according to the above (or very similar) principles.
I am aware that many people will say that if Columbus (Cristóbal Colón) had worked for a corporation .... (funny scene described at www.octigo.pl), planning, etc. then he would never have discovered America. Unfortunately (already seriously) nothing could be further from the truth. Because he did plan. For example, the type and number of ships, the number of crew and supplies. And … anyone who knows history knows that Columbus had maps and since someone had developed them beforehand, perhaps he should be considered the discoverer, while Columbus only carried out the plan? For those curious about this story (and its relation to investment), I refer you to https://www.gavinmenzies.net/ and https://www.1421foundation.org/
Are you thinking about an investment that will develop your business? Or maybe you are already in the planning or implementation stage but feel that something is "wrong"? Write to me, together we will find a solution to the problem.