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DarrenDaily On-Demand

Start Negotiating Like a Pro

DarrenDaily On-Demand

Darren Hardy LLC

Careers, Entrepreneurship, Business

4.91.8K Ratings

🗓️ 21 February 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

All of life is negotiation, and after yesterday's episode, you now know the key to unlocking success in any exchange. Today, Darren will give you three strategies to reveal the vital information you need for a winning negotiation.

Get more personal mentoring from Darren each day. Go to DarrenDaily at http://darrendaily.com/join to learn more.

Transcript

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0:00.0

Welcome to Darren Daily on demand, your most trusted resource to help you become better every day.

0:07.0

Here's your success mentor Darren Hardy.

0:10.0

All of life is a negotiation. You negotiate all day, every day. From the time you wake up to the time you go to sleep, you are negotiating. Whether it is negotiating with your spouse, your

0:24.0

boss, a client, employee, or coworker or suppliers or for the multi-million dollar

0:27.9

merger and acquisition you're after. Learning to effectively negotiate may be the

0:32.1

most important skill you'll ever learn.

0:34.1

Yet no one is taught to negotiate, or to the extent that they're taught at all,

0:39.3

everything that they've been conditioned to believe about negotiation is wrong.

0:44.1

Yesterday we began this discussion by flipping your focus on getting to a win-win situation.

0:49.1

Instead of focusing on how to get your win with a hope that they're happy about theirs as well, you first focus

0:55.7

on what they really want.

0:57.3

What would be a win for them?

0:59.5

And with this information, you hold the power in the value exchange. You control the negotiation. Today we're

1:06.5

going to talk about how to find out how to discover what somebody really wants.

1:10.0

There are three ways to find out. You ready? Number one, ask simple obvious questions like

1:17.0

what is the most important thing to you in this exchange? What do you plan to do with this

1:22.2

company after you acquire it?

1:24.0

What is the money that you gain from this transaction going to go towards after you sell this?

1:29.0

Ask questions that refocuses them on their bigger why, their primary motive.

1:35.0

Because see, this also keeps them from making the mistake of getting lost in trivial ego

1:39.5

battles when you ask these vital questions. Then when they start talking, answering your simple questions,

1:47.2

please shut up and listen. Really listen and keep asking.

...

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