I sat down with our general contractor and went through our house remodel agreement term by term to ensure he understood everything. It was a balanced agreement given our relationship. He had completed several smaller projects for us previously but those were...
I apologize to anyone who doesn’t like Mel Brooks (is this even possible?) – but I found his negotiation stories irresistible. And we can all learn invaluable lessons from them. So here are 3 more in Part 3, the final chapter (I promise). For those who missed Part 1...
I know Mel Brooks did not make a History of the World, Part 2 – but I found too many great stories illustrating negotiation lessons to leave his own history of negotiations at Part 1. So here are three more from his autobiography All About Me! My Remarkable Life in...
“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...
Does success at your job require top-notch negotiation skills? Are you in sales, purchasing/procurement, business development or customer service? Are you a lawyer, business consultant, executive, investment banker, or private equity partner? Does your job require you...
He swore at me in front of my client. I was really surprised. I was a young lawyer at the time, and he was the opposing counsel and managing partner of a prominent law firm. I had requested documents that his associate had promised, and that my client had flown in to...
We just returned from a family trip to Japan, and I couldn’t help but consider some of the culturally different negotiation approaches – and the lessons we can learn from them. Here are three. Of course, these are broad and general tendencies. And exceptions abound,...
Masayoshi Son had “earned a reputation as the Bill Gates of Japan” by making it big with the software distributor SoftBank. According to Sebastian Mallaby in The Power Law: Venture Capital and the Making of the New Future, while Son’s “childhood home was a squatter’s...
Bob Metcalfe, the inventor of the Ethernet computer-networking technology and founder of a tech company sold in 2010 to Hewlett-Packard for $2.7 billion, called this negotiation tactic of a potential venture capital investor the “Oh-by-the-Way Syndrome.” Here’s what...
