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Preparation is Power: The Must-Do’s Before Any Negotiation

Preparation is Power: The Must-Do’s Before Any Negotiation

By: A Staff Writer

Updated on: Sep 03, 2024

Solopreneurs: You Work For Yourself, Not Alone. Preparation is Power: The Must-Do's Before Any Negotiation

Walking in unprepared is a recipe for accepting a subpar deal. Do this homework first:

  • Know Your Worth: Market research, what do similar pros charge for comparable value?
  • Your Walk-Away Point: The absolute minimum you’ll accept, and WHY it’s non-negotiable.
  • Ideal vs. Acceptable: What’s the dream outcome, and what’s still a win even if not perfect?
  • Their Pressure Points: Are they on a deadline? Use that to your advantage subtly.
  • Anticipate Their Asks: Prepare counter-offers so you’re not caught off guard.
  • Practice Makes Perfect: Role-play with a friend, say the numbers OUT LOUD to get comfortable.

The most confident negotiators are those who’ve done the legwork in advance.

Invest time in solid preparation, and it pays off with a better outcome.

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