How to Negotiate
Whether it's a high-pressure hostage situation or simply explaining to a child why they shouldn't eat that candy!
The greatest skill any entrepreneur should acquire is the art of negotiation.
By Varun Agarwal in his book How I Braved Anu Aunty & Co-Founded A Million Dollar Company
This is by far the best skill that any entrepreneur can master. You can be good at coding, good at public speaking, good at creating content, and even great at storytelling.
But one more skill that you have to master is the art of negotiation.
Whether it's negotiating with a vendor for a lower price, with a customer to pay the price, or even with your employee regarding their salary, negotiation is crucial.
Negotiation is a lifesaver!
Over the years, I've successfully negotiated two hostage situations that saved my dignity!
Jokes aside, the fact is that when you are in the product or manufacturing industry, negotiation is what brings you profits.
If you can't negotiate a better price with the vendors and suppliers, it's going to come out of your own pocket.
So, learn to negotiate like an FBI Agent.