Neg From Weakness Flashcards
Perceived Weakness Vs. Real Weakness
•Who has the upper hand ? The landowner or you?
You have the SRB and AER (maybe), the landowner owns the land. The landowner doesn’t want anything to do with you!
Negotiating from Weakness
•Are you really negotiating from a weak position?
•That’s an important question you have to ask yourself.
Negotiating from Weakness (2)
- Don’t assume the other side holds all the cards.
- You may have a good sense of what their strengths are, but you don’t know what they perceive as their own weaknesses or your strengths.
Neg weakness
You don’t know what they may really want or need.
- Therefore you must Question, Probe, Explore.
- Also learn your vulnerabilities and theirs.
Negotiating from Weakness
Expand Goals
Money may not be the only goal for the landowner.
•Look for intangibles.
•Make the deal bigger than it is.—for both sides.
Negotiating from Weakness
Never Let Them See You Sweat
•Act confident—confidence makes more deals than?.
clout
Negotiating from Weakness
Brainstorming
The Four Rules of Brainstorming:
Brainstorm in groups of 4 or less.
Don’t criticize ideas. Let them flow.
Keep at it. Creativity is more perspiration than inspiration.
Make it fun. (Not inherently fun)