I am lousy in Negotiations. I am lousy to the degree that a salesman would make a discount for me without me asking just because he feels sorry for me because i am terrible in Negotiations. Here is a story that happened to me 12 years ago:-
I went to "Haidar Murad - Sharp", to buy a Tape Recorder.
Me: How much is this Tape Recorder?
Salesman: 40 JDs
Me: OK, Deal
Salesman: Is this how you negotiate! Do you call this negotiation!
Me: mmmmmm, ya3ni, walahe...
ٍSalesman: I will give it to you for 30 JDs
Me: OK
I was still young then so give me a break
So, trying to improve my great skills in negotiations, I bought a great book "Negotiate to Win" by Jim Thomas. A great book indeed. Not only it is very useful in giving you means and methods for negotiating successfully, but also it is hilarious.
Jim knows what we need to master and he gives it in a very simple and interesting way.
The books contains many sections with different advices and on what to do in different situation. I chose to give you some hints for the day to day negotiations that i found easy to remember:-
- Start High
- Krunch early and often:- That is, to give an indication to the other side that you have heard their offer and that you want a better one.
- Do your homework before you go to negotiations.
- Prepare an envelope of you Highest point, Target Price and Bottom Line.
On the Funny Side:- (no offense to lawyers, just for fun.)
"After a brief conference, the client prepared to leave his lawyer's office. Expressing his thanks for the lawyer's assistance, he inquired as to how much he owed. "A hundred dollars should take care of it," replied the lawyer. The client produced a crisp new hundred-dollar bill, and departed. Along in his office, the lawyer was absentmindedly playing with the hundred-dollar bill when suddenly he discovered that he had received not one, but two hundred-dollar bills, stuck together. "Now i have an ethical dilemma," said the lawyer to himself. "Do i tell my partner or not?"
BTW, have been trying for a couple of weeks to list my blog in Blog Aggregaters with no success. Any can help? thanks
Showing posts with label Book Reviews. Show all posts
Showing posts with label Book Reviews. Show all posts
Monday, August 13, 2007
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