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The smartest people on the planet take complex things and make them simple.
Simple enough that a 5 year old can understand.
5 real-world business examples that do just that 👇
Simple enough that a 5 year old can understand.
5 real-world business examples that do just that 👇
Business Scenario:
Our product costs $500K.
They offered us $200K.
How should we negotiate back?
#1. The Real Estate Analogy:
“If someone offers you $1M for a $2M house, you don’t counter. You let them try again.”
Our product costs $500K.
They offered us $200K.
How should we negotiate back?
#1. The Real Estate Analogy:
“If someone offers you $1M for a $2M house, you don’t counter. You let them try again.”
Business Scenario:
He’s an asshole BUT he's so talented.
People around him just quit / give up.
How can we fix it?
#2. The Talented Asshole Analogy:
“Ever heard of Oliver Miller?. Of course you haven’t. He was 2X as talented as MJ but had the attitude of Latrell Sprewell."
He’s an asshole BUT he's so talented.
People around him just quit / give up.
How can we fix it?
#2. The Talented Asshole Analogy:
“Ever heard of Oliver Miller?. Of course you haven’t. He was 2X as talented as MJ but had the attitude of Latrell Sprewell."
Business Scenario:
They’re a big fish that pay us $500K a year.
We HAVE to make it work.
#3. The “WE HAVE TO KEEP THE CUSTOMER” Analogy
"Blockbuster focused all their time on serving big-box Hollywood DVD producers instead of customers. What happened to them?"
They’re a big fish that pay us $500K a year.
We HAVE to make it work.
#3. The “WE HAVE TO KEEP THE CUSTOMER” Analogy
"Blockbuster focused all their time on serving big-box Hollywood DVD producers instead of customers. What happened to them?"
Business Scenario:
They have so much potential.
They just aren’t ramped.
#4. The “It-Will-Happen-Soon @SahilBloom Employee” Analogy
They have so much potential.
They just aren’t ramped.
#4. The “It-Will-Happen-Soon @SahilBloom Employee” Analogy
@SahilBloom Business Scenario:
His credentials are too strong to let him go.
#5. “We’re Holding on to a Pipe Dream Employee” Analogy
"Theres SO MANY Ivy League grads that never panned out.
I've hired a bunch that SUCK. Move on, credentials now-a-days mean jack sh*t."
His credentials are too strong to let him go.
#5. “We’re Holding on to a Pipe Dream Employee” Analogy
"Theres SO MANY Ivy League grads that never panned out.
I've hired a bunch that SUCK. Move on, credentials now-a-days mean jack sh*t."
@SahilBloom There are so many more of these.
I'm happy to share more but want to make sure it's wanted / warranted.
Like/comment/RT so I can gauge demand.
Also, I share learnings from founding, operating, and investing in vertical SaaS businesses. For more drop a follow @lukesophinos
I'm happy to share more but want to make sure it's wanted / warranted.
Like/comment/RT so I can gauge demand.
Also, I share learnings from founding, operating, and investing in vertical SaaS businesses. For more drop a follow @lukesophinos
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Sachin Ramje 🚢 @SachinRamje
·
Mar 9, 2022
Interesting read!