20 Top Negotiation Tips by David Salmon

Author:David Salmon [Salmon, David]
Language: eng
Format: epub
ISBN: 9783958495159
Publisher: David Salmon
Published: 2016-01-28T00:00:00+00:00

Tip#16: Do Your Homework

One of the important top tips for negotiation is doing your homework in getting to know more about the people or person whom you are going to talk with. This will help you in getting to know the value of each investor and how you could get them.

A part of business coaching is being prepared as you negotiate with an investor. Evaluate the importance of every investor and get to know what he likes, he doesn’t and whatever his interests are. In some tips during recruitment coaching, you want to recruit an investor by offering them something that would entice their interest. It doesn’t mean that you have to Google everything about your investor. You can get helpful information from their associates and other professionals they have worked with.

Don’t forget to do this as it could help you in learning how to impress the investor in ways that would convince them to invest in your company or what would make them agree with whatever terms that you like.

An in-depth knowledge in regards with your potential investor would make you prepared to whatever things may happen during the negotiation process. This is sure to be helpful especially to potential investors who are unpredictable with their decisions.

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