In this episode of The Business Lunch Podcast, Roland Frasier and Ryan Deiss dive into two recent negotiation experiences and share valuable insights on how to handle offers and negotiations effectively.
The two discuss a negotiation where they received an offer that didn't align with their expectations. Instead of reacting negatively, they emphasize the importance of starting with gratitude and acknowledging the value in any offer.
Additionally, Roland and Ryan highlight the significance of identifying a common "enemy" or challenge in negotiations, as it helps align both parties on the same side of the problem-solving process.
Throughout the episode, they emphasize the value of removing emotional reactions from negotiations and approaching them as collaborative problem-solving discussions.
By following these strategies, listeners can navigate negotiations more effectively and maintain positive relationships even when deals don't go as initially expected.
HIGHLIGHTS
"How do you lower the burden of the person to getting to the solution that you want?"
"Every offer is precious."
"If you can take the pressure off of having a conversation with somebody... we're aligned instead of opposed."
TIMESTAMPS
00:00: Introduction
02:31: Value Of Baseline Deals
08:43: Initial Reactions
12:01: Learning The Hard Way
17:42: Saying Thank You
23:05: Insulting Offers
25:42: Identifying The Enemy
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Roland Frasier is co-founder and principal of three current Inc. Magazine fastest-growing companies and he has founded, scaled, or sold 24 different 7 to 9 figure businesses ranging from consumer products to industrial machine manufacturing companies with adjusted sales ranging from $3 million to $337 million.
Currently growing Scalable.co, DigitalMarketer.com, RivalBrands.com, and Plattr.com while advising over 150 other companies on digitally centric customer acquisition, activation, referral, retention, and revenue strategies and plan implementation.
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Mentioned in this episode:
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