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The James Altucher Show

852 - How to be the world's greatest negotiator? With Rich Cohen

The James Altucher Show

James Altucher

Education, Business

4.62.7K Ratings

🗓️ 26 May 2022

⏱️ 60 minutes

🧾️ Download transcript

Summary

Negotiation is very important, and the first step of negotiation is to recognize the power differential in the negotiation? Who has more power, and how do use the power to your advantage?In this episode, I was joined by Rich Cohen, an American non-fiction writer, and a contributing editor at Vanity Fair and Rolling Stone came on to talk about his new book, The Adventures of Herbie Cohen: World's Greatest Negotiator!Rich tells the crazy stories about how his father, Herbie Cohen an American negotiation expert, realizes negotiating is a game, and how he enjoys playing it.Rich also talks about the technique that his father would use, and how he would find a way in the most unfavorable situation!Listen to this episode, and hopefully, you can apply some of the lessons in your negotiation, and even salary negotiation.Visit Notepd.com to read more idea lists, or sign up and create your own idea list!My new book Skip The Line is out! Make sure you get a copy wherever you get your new book!Join You Should Run For President 2.0 Facebook Group, and we discuss why should run for president.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.Thanks so much for listening! If you like this episode, please subscribe to "The James Altucher Show" and rate and review wherever you get your podcasts:Apple PodcastsStitcheriHeart RadioSpotify Follow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:06.8

This is the James Altiger show.

0:12.8

Rich Cohen, author of The Adventures of Herbie Cohen, world's greatest negotiator who

0:17.5

also happens to be your dad.

0:19.3

Your dad is this large and in-life character like he advising Jimmy Carter, growing up best

0:26.4

friends with Larry King and then seeing that career rise and fall and rise again.

0:32.2

And then just all the stories like they got him from here to there.

0:35.2

And also I've read like a ton of books on negotiation.

0:38.0

I've had a lot of podcast guests on about negotiation.

0:41.1

I've written forwards to books on negotiation.

0:43.8

This is the best book on negotiation.

0:45.4

Everyone needs to buy.

0:46.5

So but let me ask you a question.

0:48.6

What would your dad, let's say I always say a negotiation when I'm like selling a company

0:51.8

for instance.

0:52.8

What would your dad do if it's the first money he's ever

0:56.3

made and he's selling a company and somebody asks he's really nervous.

1:01.2

He's got no money in the bank.

1:02.2

He needs to do this deal.

1:03.6

Somebody asks him, hey, so what should I buy your company for?

1:06.6

What would he say?

1:08.2

I don't think that he would ever make the first offer from not mistaken.

...

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