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Kindle Notes & Highlights
by
Varun Mayya
Started reading
September 4, 2023
People get promoted in companies because they make good decisions, but mostly because they avoid bad decisions.
The more imaginative and risk taking you are as an employee, the higher the chances you will buy or invest in something stupid on behalf of the company and be viewed as an idiot and lose your job.
The truth is that companies need a blend of risk takers and peacekeepers, yet risk takers are most likely to get fired, even for taki...
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people negotiate deals to tell better stories about themselves.
Storytelling one of the ways humans display status!
Decision makers have a lot to lose on bad gambles.
The truth is that there’s no real price of anything. Most goods today are either sharply undervalued or overvalued.
if you learn to negotiate a lower interest rate on your credit card, better rent with your landlord, cheaper room stays when you go out on vacations, etc., the savings eventually start becoming worth the effort you spent learning how to negotiate!
Options are the strongest counter to the problem of one. Whether that applies to the number of deals you have in the pipeline, the number of cars you own, or your Tinder match screen, you be the judge.
When it comes to negotiation, options make you more confident, they allow you to say No where you would’ve (out of compulsion) said Yes
In business and in life, it seems that confidence is directly proportional to the number of options you have access to.
Surprisingly, you’ll also find some sort of (usually false) confidence in people with no options at all.
The negotiation is actually about the terms of how you partner.