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Preparation

Preparation

Preparation is key. Familiarize yourself with the product/service and the people first, before you go on to "enter the ring", so to speak. You have to be fully equipped.

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Go for a win-win deal.

Go for a win-win deal.

A successful negotiation is where both parties can walk out happy. Not only will you and the other party benefit, but you'll also have a strong business relationship that will be advantageous in the future.

88

504 reads

Don't be intimated by jargon

Don't be intimated by jargon

Corporate snobs (yes, we're not afraid to call them that) in particular like to throw around jargons and words that they know you don't understand. The purpose of this is probably to intimidate you. Ask them to clarify whatever you don't understand.

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Why & How to negotiate?

Why & How to negotiate?

Whether you're the buyer or the seller, you're going to be challenged when it comes to business negotiations. It's not that different from entering a ring with an opponent. As a negotiator, you need to know how to play your cards right. These techniques will help the odds to be in your favour.

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When the final result is expected to be a compromise, it is often prudent to start from an extreme position.ο»Ώ

JOHN MAYNARD KEYNES

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First offer should be bold and aggressive.

First offer should be bold and aggressive.

There will be bargaining as it's a huge part of a negotiation. So, be prepared for the buyer/ seller to steer everything in their. Which is why you should start assertively (even with nor promise of success).

88

574 reads

The decision maker should be present

The decision maker should be present

In every meeting, the decision maker should be present. There are meetings where they are not, and this just annoys the ones who are present because it usually presages that a deal won't be made anytime soon.

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CURATED FROM

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adityamulukuri

18 | A start-up guy, Content creator, soloprenuer and a podcaster. Building Blast, Snakcards and more. Stashing about entrepreneurship, self-help, spirituality and the most interesting stuff I read.

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Mental Preparation

Mental Preparation

For daily motivation to arise, mental preparation (the night before and during the morning) is key. Certain visuals, music, and other trigger pieces can set your mind towards your goal.

Preparation should follow planning

Preparation should follow planning

Planning as a first step is good. But preparation is even better.

Planning helps you to know what you will be doing on a day. Preparation gets you ready to actually do the tasks.

Learning a Foreign Language: Preparation Time

  • Don't wait too long before you start practicing. Most people find it uncomfortable to speak a language poorly and avoid it. Don't think you will wait until you're "ready".
  • Going from zero to 100% will require some preparation. 25 - 50 hours are usually enough for a European languag...

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