Hatchett Project

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Negotiating Basics (part 1) - Compromise

Negotiating basics on compromise, negotiating objectives and win-win scenarios. Learn why you are already a master negotiator and how everyone negotiates 24/7.


Video Summary:

  • We negotiate every single day of our lives, whether we realize it or not

  • Negotiations are not just about buying and selling

  • During negotiations, you might not get everything you want, but you might avoid something worse

  • You can negotiate with literally anyone from family, friends, neighbors, companies, customers, clients, contractors, ect

  • Negotiations require give and take on all sides to reach an agreeable solution

  • Negotiation means compromise

  • One of your goals is to build long-term relationships with the other side

  • It would be best if you aimed for an outcome that's acceptable to both sides

  • Good negotiations are contests, not battles