Improve Your Negotiations With The 5 Golden Rules.   LEARN THEM

Golden Rule Three: Employ “Fair” Objective Criteria

“I just want what’s fair and reasonable,” a friend said in the midst of his divorce. “That’s not too much to ask, is it?” “Of course not,” I replied. “The key here, though, is how to determine what’s fair and reasonable. I suspect you have a very different perception...

The Power of Objective Criteria

Consider this quote from a recent New York Times article about Derek Jeter playing in the last year of his 10-year, $189 million contract: “Per team policy, the Yankees do not negotiate contract extensions during the season.” Jeter, one of the best...
The 30-Minute Strategic Negotiation Plan

The 30-Minute Strategic Negotiation Plan

“I only have about 30 minutes to strategically plan for this negotiation. And I know I should spend more time planning, but I have a ton going on right now. What should I do?” I get this question a lot. We are all busy and time-pressed. Given this, here is my...
What To Do With Huge Bid Variations

What To Do With Huge Bid Variations

We recently solicited bids to repaint our house from three residential painters/painting companies, all of whom came recommended by friends or family. We also requested bids for an upcoming home renovation. (Yes – our house needs some work!).  Despite having gone...
Three Ways AI Can Help in Your Negotiations (Part One)

Three Ways AI Can Help in Your Negotiations (Part One)

Like millions of others, I have been amazed at the resources and power that Artificial Intelligence (AI) has brought to everyone in so many fields. And while some legitimately feel threatened by this ongoing revolutionary change (and which I partially address in my...
Travel-Related Negotiation Strategies

Travel-Related Negotiation Strategies

He rejected our tip. I was shocked. I’ve never had a tip returned. He had carried several pieces of our heavy luggage up four narrow flights of stairs to his Airbnb, so he deserved it. But he gave it back. Why? He said he was already fairly compensated just by our...
The Shutdown and the Power of Precedent

The Shutdown and the Power of Precedent

We’ve all heard the phrase “What goes around comes around.” If you treat someone badly, the thought is, they will turn and – eventually – treat you badly too. Crucially, this presumes that you will have some contact and relationship with them in the future. This...
Real Estate Agent Interview Lessons (Part Two)

Real Estate Agent Interview Lessons (Part Two)

I was surprised when this agent said he was not interested in listing my mom’s condo after he learned I was meeting other agents. He said he was pretty busy and the condo’s value – and his commission based on it – was just not worth his time. I told him I understood....
Disney CEO’s Negotiation Lessons (Part Two)

Disney CEO’s Negotiation Lessons (Part Two)

I am not a huge fan of Disneyland and Disneyworld. My wife and kids love them, but I hate long lines and just don’t love rollercoasters and its other rides (largely because I don’t feel great after and it takes me a while to recover). But I do admire how Disney runs...