11 entrepreneurs and CEOs reveal the best tips for negotiating virtually anything
- Learning how to negotiate - whether in business or life - is one of the most valuable skills you can have. And anyone can develop it.
- These 10 top leaders have done all sorts of successful negotiations. They recommend considering tone, emotions, and compromise in negotiations.
- For Marcello Arrambide, founder of Day Trading Academy and cofounder of SpeedUpTrader, the best outcome isn't always the best price - he recently happily overpaid by 300% in a negotiation.
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The art of negotiation is one of the most valuable skills in life and business. But if it doesn't come naturally, don't worry: Anyone can develop negotiation skills. How? By learning from the best.Here are negotiation tips from 10 master deal-makers and advisors in The Oracles.Advertisement
1. Let the other person do the talking
2. Meet them halfwayAdvertisement
3. Use this five-step framework
4. Use the 'five U's'Advertisement
5. Make sure everyone wins
6. Focus on emotionsAdvertisement
7. Adjust your tone
8. Dig deeper than the bottom lineAdvertisement
9. Visualize all the possibilities
10. Remember that the best outcome isn't always the best priceAdvertisement
11. Close the deal quickly