3. Spell out the specifics of a deal beforehand. - Deepstash
3. Spell out the specifics of a deal beforehand.

3. Spell out the specifics of a deal beforehand.

Even when you are dealing with friends and relatives, have all the specifics of the deal spelt out beforehand, including your monetary benefits. Your bargaining leverage is always greatest before you begin a job—that’s when you have something to offer that the other party wants.

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haviland

Stasher, Learner, Civil Engineer, Oil & Gas Professional, Green Tech Researcher.

The idea is part of this collection:

How to Start Investing Today

Learn more about moneyandinvestments with this collection

How to manage risk

How to analyze investment opportunities

The importance of long-term planning

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