Basics of Negotiation

This lesson explains the components that make up negotiation, and how having any one or all of them increases your negotiation leverage.

There are only three rules to be successful at any negotiation. These are:

  • Have options.
  • Have information.
  • Have patience.

If you are lucky to check-mark on all of the above three items, you can navigate a situation to your advantage or at least, avoid being taken advantage of.

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