MBA38 A Crash Course in Negotiation- Part 1
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 25 September 2014
⏱️ 8 minutes
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Summary
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| 0:00.0 | Heyo! Welcome to the Hunter R.M. |
| 0:10.0 | Show where you get your freshly baked business bites with our daily 10 minute |
| 0:14.9 | business lessons for the real world. I'm your host or coach, your teacher |
| 0:19.5 | Omar Zenholm, I'm also the co-founder of the $100 MBA, a complete business training, and community |
| 0:25.9 | online. |
| 0:27.1 | And today you will learn how to negotiate. |
| 0:30.4 | This is a crash course in negotiation. This is a two-part lesson on how to be a great |
| 0:35.8 | negotiator. This is part one of two parts. The next part is the next episode. It doesn't matter what business you're in, online, offline retail, wholesale, e-books, or |
| 0:47.0 | cattle for that matter. |
| 0:48.8 | You will have to negotiate at some point. |
| 0:51.7 | How do you do it effectively while remaining refined and controlled? |
| 0:55.5 | This two-part lesson will be your practical guide to negotiating like a pro. |
| 1:00.5 | Get what you want and be in complete control while keeping everyone happy. |
| 1:04.0 | So let's get down to business. First of all, what is a negotiation? By definition a negotiation is a dialogue between |
| 1:19.3 | two or more people or parties intended to reach an understanding. In business, the stakes are |
| 1:26.0 | often high. You're not haggling at a flea market here. You're trying to reach an |
| 1:30.6 | agreement that is perceived as fair to both parties. |
| 1:34.4 | After all, you'll be negotiating with the people that are vital to the success of your business, |
| 1:39.1 | your clients. |
| 1:40.1 | Now, this is particularly important if you run a service-based business. |
| 1:44.3 | Now notice I said perceived as fair in that previous statement. |
| 1:49.6 | Negotiation in business is all about perception. |
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