Lessons in Life, Deals and the art of Negotiations I learnt the hard way

In the last year, I’ve made a lot of bad/irrational decisions, which have now come to bite me in the ass..

I’ve spent a lot of time being anxious, but i immediately write it all down, and so have come to realise a lot of lessons…

Thankfully, I’ve had to make many important decisions in the last month, where I’ve used these lessons/realizations, and hence make the right deals and choices and negotiate well.

Here’s a summary of what I’ve learnt:

  1. Talk to the main man for everything. Do deal with someone else and then leave it up to a third person to pass on the message
  2. Do everything yourself…if you don’t do it yourself, it won’t be done right, and that’s worse than not doing it at all
  3. Put anything and everything in writing in the contract. Don’t leave out anything ever
  4. No one gives a shit about how you feel, so you shouldn’t either. Just do what needs to be done
  5. Don’t leave anything unclear or unsaid. Ever…if things aren’t clear, things are shitty..
  6. Use the damn phone. Set up meetings and talk it out…things don’t get resolved on their own
  7. Print out all documents and get everyone alive to sign everything and put date and stamps etc. Everywhere …don’t do things half way…
  8. Don’t try to read people, or trust them. Always assume the worst and then take all steps possible to prevent it from happening…
  9. Ask direct questions and don’t let anyone divert the meeting. Yes, treat every interaction like a meeting. Prepare an agenda and open qs and make sure everything is answered, and when it is, close the meeting (simply fake a call or text and say that u need to leave)…be professional and force the other person to act professional as well…everything is a business deal, nothing more, nothing less. Don’t try to be friends or show emotion
  10. Don’t ever be at the mercy of someone…leverage makes the world go around you and make things happen your way…if you lose leverage, you lose everything…
  11. Run your life like a company, a business. And every deal like a business deal
  12. Always be on the right side of the fence, not in your thoughts, in reality and on paper…
  13. Don’t give a chance for anyone to question you ever / if someone is questioning you, then you’ve done something wrong, so don’t answer them, instead identify the root of the problem and correct the wrong …
  14. Don’t depend on anyone for anything ever…
  15. Keep the least no. Of people in the picture/deal..
  16. Never forget that people are inherently evil and selfish…even if they aren’t you’ll be much better off living with this assumption in all your deals
  17. Go by what people do and not what they say…
  18. Always have multiple backup plans. Never depend solely on a particular deal
  19. If you compromise 1 time, you’ll compromise all the time…
  20. Don’t be eager to sign the deal. Never seem needy or wanting…leave your emotions at home…be detached and transcend the situation…never be emotionally involved in the negotiation or the deal…
  21. Passage of time makes bad things worst…do the right thing at the right time,,,
  22. Get out of your head and live in reality…coz eventually you’ll have to do that anyways
  23. If you’re living in fear, you’re not living at all…don’t live in fear of anyone or anything…confront your concerns/fears head on and don’t stop until you eliminate the root of your fear…
  24. Don’t reveal a single word more that required…information is power…
  25. Don’t be a kid, be a man…demand respect…be polite but firm…
  26. Smile..there’s nothing more powerful than a smile at the right moment…
  27. Don’t enact hypothetical/imaginary situations/scenarios/conversations in your head. This is the root cause of all anxiety, worry and stress…unless you’re talking to real people, don’t think about it.

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