Financial Success Speaker: Success Secrets - Negotiation and Timing
One of the biggest and most simple keys to financial success is always remember to buy low and sell high. This often forgotten secret is worth its weight in gold (or platinum).
Many people get emotional when buying homes, cars, engagement rings and big ticket items. Hence they often overpay and get burned along the way only to later wish they had used their head and not been totally swept away with their emotions.
As a life coach and author of some relational books, I have had the opportunity to counsel several singles and unhappy married couples. In the heat of the moment when hormones are raging, many dive headfirst into longterm relationships, living together and marriage without thinking things through fully.
Looking at the handsome or beautiful frame, many people forget to fully evaluate the picture inside (if there is any at all). Once the infatuation and lust wears off and good senses return, often so many lifelong decisions have been made (including having children) that many have surpassed the point of no return. Now they are left to deal with the repercussions of not including their mind in the lifelong decisions their hormonally charged body and turbulent emotions got them swept up into.
As for financial success, a horny buyer is no better. Sales reps can spot an emotional buyer. It's quite obvious by your body language and speech.
That being said, when buying conceal those emotions and all outward excitement until you have bought the item at the lowest possible price. Then (and only then) should you rejoice.
A year ago I saw some sunglasses I really liked - Prada H56 polarized for men (as I recall), which were ridiculously priced (and still are in most places) at $330 to $350. I knowing full well I did not want to spend that kind of money decided to wait.
Yet a year later when my eyes started to have problems and show redness, a visit to the optometrist (along with some tests there) revealed sun damage to my eyes. No surprise due to my exposure to sun in Florida and being a former lifeguard and surfer (although I'm not exceptionally good at the later, but like to give it a go on occassion... besides Florida's waves leave much to be desired).
Nevertheless not liking the redness and yellowish colors beginning to appear in the white of my eyes, I knew it was time to invest in some good sunglasses. My requirements for "good sunglasses" are: 1. polarization for protection; 2. durability (so they last a long time); 3. style (so I don't look like a dork wearing them).
Thankfully upon searching around on the Internet for the Prada style I liked, I found several great sites with prices well below retail. The only problem is none of the sites had the polarized shades I wanted.
So I went to the store to try on the sunglasses. I popped in at Macy's and liked the sunglasses, but still wasn't liking the price. It was then the sales rep gave me a 25% off coupon (which she said also could be used for sunglass purchases through the Sunglass Hut ...a first for Macy's).
I therefore agreed to buy the sunglasses and was able to purchase them for $247, well under the usual retail price. Hence timing is everything when buying.
The sales manager who had worked for Macy's for 6 years told me this was the first time the Sunglass Hut allowed Macy's to apply their 25% off coupons toward sunglass purchases. The manager bought the same pair of shades as me he said at 30% off, but six months later Prada came out with the polarized version (which he was kicking himself over, because he wasn't able to get them). But I was. Thank God!
The same day I scored the Prada sunglasses, I also seized a phenomenal deal I had been patiently waiting on for several months - a new fitness health club membership. As a lifetime member of Bally's Total Fitness I wasn't liking the fact that clubs were being closed without forewarning. Smelling a lingering bankruptcy and the possibility of more clubs being shut down, rather than pay $158 to renew my annual "lifetime" membership (since you have to pay small annual dues) I decided to wait... while using the Bally's Club anyhow since the staff likes me and lets me in.
LA Fitness near my home gave me a free 10 day pass, which I enjoyed and used. But I didn't like thier $49 a month pricing along with $149 initiation fee. By the way I'm a former fitness trainer for 24 Hour Fitness. So why do I need to be "initiated" ....with some bogus fee?
So I waited... again timing is crucial to buy low and sell high.
In December Planet Fitness (a much cleaner gym than Bally's where I was working out at) came out with a special for $99 for the entire year. I jumped on it and again scored a great deal.
As for selling, here's a short testimonial.
In 2004 when I divorced my ex-wife for cheating on me we sold our home. Of course she just wanted some money and to be done with it. Yet while she lived in a small bedroom at a "friend's" house, I continued living in my six bedroom, four bath home with a swimming pool enjoying myself. I refused to sell at the basement fire sale price my ex-wife proposed. In fact I proposed a sales price of $283,000 (well above the $223,500 price for which I bought the home in 2001).
My ex-wife thought I was crazy and would never sell the home. I waited a few extra months to do so... and why not.... I had a nice place to live! :o)
So when I pocketed an extra $40,000 above and beyond what the ex expected, I was happy to say hasta la vista to the foolish former spouse. Today I am married to a former Canadian model who is smarter, cooks better, cleans the house more, is better looking and has a great business mind.
I got double for my trouble because I was willing to get rid of the old to make room for the new. I knew the secret of buying low and selling high, as well as the blessing of proper timing in all things.
http://www.PaulFDavis.com - Financial Success & Negotiations Speaker, Author and Life Coach
info@PaulFDavis.com
http://www.PaulFDavis.com
http://www.facebook.com/speakers4insp...
http://twitter.com/PaulFDavis
Earn 20% commissions on all paid speaking engagements Paul obtains through your referral / recommendation.
info@PaulFDavis.com
407-967-7553
Paul F. Davis is the author of 17 books and a worldwide speaker who has touched over 55 countries & 6 continents building bridges cross-culturally by joyfully disarming and empowering people throughout the earth to live their dreams!
Paul’s incredible depth and powerful stories from around the world, entertain and inspire audiences making Paul a captivating speaker able to awaken the greatness within us all.
Paul speaks for Celebrity Cruises and has appeared on numerous international broadcasts from Investors Business Daily, Oprah & Friends to Fox News to talk about success, leadership, relational intricacies, conflict resolution, life balance, and living your dreams. By reason of his global travels, Paul is a highly sought after diversity and multicultural awareness speaker.
Paul has received extensive executive professional training in negotations (Harvard Business School and University of Washington School of Business); conflict resolution and mediation (Hofstra Law School and West Florida University); advanced interrogation (Reid & Associates founders of the polygraph); and NLP persuasion (Richard Bandler founder of NLP and the California NLP and Coaching Institute).
Playboy Radio Afternoon Advice host Tiffany Granath calls Paul an awesome relational coach and recommends his books on love, dating, and sexuality.
Paul worked at Ground Zero in NYC during 9-11; helped rebuild a home at the tsunami epicenter; comforted victims of genocide in Rwanda; spoke to leaders in East Timor during the war; inspired students & monks in Myanmar; promoted peace & reconciliation in Pakistan; and has been so deep into the bush of rural Africa where villagers had never before seen a white man.
A breakthrough leader, Paul humorously and elegantly transforms individuals and organizations, while empowering people to love passionately and fearlessly live their dreams.
www.PaulFDavis.com
info@PaulFDavis.com
407-967-7553
Many people get emotional when buying homes, cars, engagement rings and big ticket items. Hence they often overpay and get burned along the way only to later wish they had used their head and not been totally swept away with their emotions.
As a life coach and author of some relational books, I have had the opportunity to counsel several singles and unhappy married couples. In the heat of the moment when hormones are raging, many dive headfirst into longterm relationships, living together and marriage without thinking things through fully.
Looking at the handsome or beautiful frame, many people forget to fully evaluate the picture inside (if there is any at all). Once the infatuation and lust wears off and good senses return, often so many lifelong decisions have been made (including having children) that many have surpassed the point of no return. Now they are left to deal with the repercussions of not including their mind in the lifelong decisions their hormonally charged body and turbulent emotions got them swept up into.
As for financial success, a horny buyer is no better. Sales reps can spot an emotional buyer. It's quite obvious by your body language and speech.
That being said, when buying conceal those emotions and all outward excitement until you have bought the item at the lowest possible price. Then (and only then) should you rejoice.
A year ago I saw some sunglasses I really liked - Prada H56 polarized for men (as I recall), which were ridiculously priced (and still are in most places) at $330 to $350. I knowing full well I did not want to spend that kind of money decided to wait.
Yet a year later when my eyes started to have problems and show redness, a visit to the optometrist (along with some tests there) revealed sun damage to my eyes. No surprise due to my exposure to sun in Florida and being a former lifeguard and surfer (although I'm not exceptionally good at the later, but like to give it a go on occassion... besides Florida's waves leave much to be desired).
Nevertheless not liking the redness and yellowish colors beginning to appear in the white of my eyes, I knew it was time to invest in some good sunglasses. My requirements for "good sunglasses" are: 1. polarization for protection; 2. durability (so they last a long time); 3. style (so I don't look like a dork wearing them).
Thankfully upon searching around on the Internet for the Prada style I liked, I found several great sites with prices well below retail. The only problem is none of the sites had the polarized shades I wanted.
So I went to the store to try on the sunglasses. I popped in at Macy's and liked the sunglasses, but still wasn't liking the price. It was then the sales rep gave me a 25% off coupon (which she said also could be used for sunglass purchases through the Sunglass Hut ...a first for Macy's).
I therefore agreed to buy the sunglasses and was able to purchase them for $247, well under the usual retail price. Hence timing is everything when buying.
The sales manager who had worked for Macy's for 6 years told me this was the first time the Sunglass Hut allowed Macy's to apply their 25% off coupons toward sunglass purchases. The manager bought the same pair of shades as me he said at 30% off, but six months later Prada came out with the polarized version (which he was kicking himself over, because he wasn't able to get them). But I was. Thank God!
The same day I scored the Prada sunglasses, I also seized a phenomenal deal I had been patiently waiting on for several months - a new fitness health club membership. As a lifetime member of Bally's Total Fitness I wasn't liking the fact that clubs were being closed without forewarning. Smelling a lingering bankruptcy and the possibility of more clubs being shut down, rather than pay $158 to renew my annual "lifetime" membership (since you have to pay small annual dues) I decided to wait... while using the Bally's Club anyhow since the staff likes me and lets me in.
LA Fitness near my home gave me a free 10 day pass, which I enjoyed and used. But I didn't like thier $49 a month pricing along with $149 initiation fee. By the way I'm a former fitness trainer for 24 Hour Fitness. So why do I need to be "initiated" ....with some bogus fee?
So I waited... again timing is crucial to buy low and sell high.
In December Planet Fitness (a much cleaner gym than Bally's where I was working out at) came out with a special for $99 for the entire year. I jumped on it and again scored a great deal.
As for selling, here's a short testimonial.
In 2004 when I divorced my ex-wife for cheating on me we sold our home. Of course she just wanted some money and to be done with it. Yet while she lived in a small bedroom at a "friend's" house, I continued living in my six bedroom, four bath home with a swimming pool enjoying myself. I refused to sell at the basement fire sale price my ex-wife proposed. In fact I proposed a sales price of $283,000 (well above the $223,500 price for which I bought the home in 2001).
My ex-wife thought I was crazy and would never sell the home. I waited a few extra months to do so... and why not.... I had a nice place to live! :o)
So when I pocketed an extra $40,000 above and beyond what the ex expected, I was happy to say hasta la vista to the foolish former spouse. Today I am married to a former Canadian model who is smarter, cooks better, cleans the house more, is better looking and has a great business mind.
I got double for my trouble because I was willing to get rid of the old to make room for the new. I knew the secret of buying low and selling high, as well as the blessing of proper timing in all things.
http://www.PaulFDavis.com - Financial Success & Negotiations Speaker, Author and Life Coach
info@PaulFDavis.com
http://www.PaulFDavis.com
http://www.facebook.com/speakers4insp...
http://twitter.com/PaulFDavis
Earn 20% commissions on all paid speaking engagements Paul obtains through your referral / recommendation.
info@PaulFDavis.com
407-967-7553
Paul F. Davis is the author of 17 books and a worldwide speaker who has touched over 55 countries & 6 continents building bridges cross-culturally by joyfully disarming and empowering people throughout the earth to live their dreams!
Paul’s incredible depth and powerful stories from around the world, entertain and inspire audiences making Paul a captivating speaker able to awaken the greatness within us all.
Paul speaks for Celebrity Cruises and has appeared on numerous international broadcasts from Investors Business Daily, Oprah & Friends to Fox News to talk about success, leadership, relational intricacies, conflict resolution, life balance, and living your dreams. By reason of his global travels, Paul is a highly sought after diversity and multicultural awareness speaker.
Paul has received extensive executive professional training in negotations (Harvard Business School and University of Washington School of Business); conflict resolution and mediation (Hofstra Law School and West Florida University); advanced interrogation (Reid & Associates founders of the polygraph); and NLP persuasion (Richard Bandler founder of NLP and the California NLP and Coaching Institute).
Playboy Radio Afternoon Advice host Tiffany Granath calls Paul an awesome relational coach and recommends his books on love, dating, and sexuality.
Paul worked at Ground Zero in NYC during 9-11; helped rebuild a home at the tsunami epicenter; comforted victims of genocide in Rwanda; spoke to leaders in East Timor during the war; inspired students & monks in Myanmar; promoted peace & reconciliation in Pakistan; and has been so deep into the bush of rural Africa where villagers had never before seen a white man.
A breakthrough leader, Paul humorously and elegantly transforms individuals and organizations, while empowering people to love passionately and fearlessly live their dreams.
www.PaulFDavis.com
info@PaulFDavis.com
407-967-7553
Published on December 08, 2009 08:35
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Tags:
financial, negotiation, speaker, success
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