Omkar Sahay Profile picture
Dec 28 8 tweets 3 min read
5 Rules of Deal Negotiation that will teach you more than a $50,000 Business School Degree
#O1E
Know your Objectives

🔸Know what you want to achieve

🔸Have clear goals

🔸Don't get swayed away by other people's demand
#T2O
Do your Homework

🔸Gather as much as fresh knowledge possible on the topic

🔸Understand and know other person's demands beforehand

🔸Make a strategy to tackle their demands beforehand
#TH3EE
Stay Clear, Be Clear and Speak Clear

🔸The more you speak clearly, the more the next person is keen on your knowledge

🔸Don't use jargon and hard words

🔸Also, Keep your ears open and be Interested!
#FOU4
Having Walk away Attitude

🔸Sometimes, the demands are non-acceptable

🔸Accept the fact and walk away

🔸It's not about winning all deals, it's about winning the right deal!
#FI5E
Deal should be profitable for both

🔸A good deal is where both parties are happy

🔸Accept some demands and negotiate on some
TL;DR:
#1 Know your Objectives
#2 Do your Homework
#3 Stay Clear, Be Clear and Speak Clear
#4 Having Walk away Attitude
#5 Deal should be profitable to both
That's a wrap!

If you enjoyed this thread:

1. Follow me @OmkarSahay for more of these
2. RT the tweet below to share this thread with your audience

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Omkar Sahay

Omkar Sahay Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @OmkarSahay

Dec 30
The Avg Business degree costs $80,000 per year.

That means you’re $80,000 in debt by the time you graduate!

(Before you’ve even started your career!)

Or, you could spend less than $250 and read these 8 legendary books on business
#O1E
"The Lean Startup" by Eric Ries @ericries The Lean Startup
#T2O
"Start with Why" by @simonsinek Start with Why
Read 12 tweets
Dec 29
8 Billionaire Habits that will separate you from the Crowd
in 60 seconds 8 Life-changing habits
#O1E
Develop self-sufficiency:

🔸Be self-sufficient and independent

🔸Handle complex tasks on your own

🔸Delegate boring and repetitive stuff
#T2O
Learn from experience:

🔸Be Self-taught and learn practically

🔸Do mistakes, learn, grow, and repeat
Read 10 tweets
Dec 27
Since then, I've...

• Made $58000 from my home

• Made networks with 5 Millionaires

• Took my parents abroad for vacation

If I had to do it all over again, here are 5 things I'd do.
Thing #1: Don't procrastinate on networking.

If you don't start networking at an early stage, you won't able to get help when needed

🔸I would have made a conscious effort to meet new people and build relationships from the beginning.
Thing #2: Invest in a Mentor

I thought I could figure everything out on my own, no

Choose your Idol and Mentor, and ask him your doubts!

He has the experience you need

🔸I would have found a mentor to help guide me and provide valuable insights.
Read 8 tweets
Dec 27
Business Tycoon, Mukesh Ambani, is worth $88 Billion 🤯

I binged over 24 hours of his interviews,

Let me tell you everything I learned in 30 sec .... quick

... 🧵
Some quick stats on Mukesh Ambani if you're unfamiliar:

🔸Chairman and largest shareholder of Reliance Industries, one of the largest companies in India

🔸Has a net worth of over $80 billion, making him one of the wealthiest people in the world

So... what can we learn?
A Simple 3-step framework:

🔸Vision and long-term planning

🔸Innovation and adaptability

🔸Execution and discipline

Now, pair this framework with an unmatched work ethic and you get a potent combination for rapid growth.

Let's dig in:
Read 12 tweets
Dec 26
1 Year back, I experienced a problem with my finances.

Then, I did something unconventional and sought out advice from a financial coach.

Here's the 5-Step framework I use to achieve financial stability:

🧵👇...
Step 1: Most people think the solution to financial problems is to earn more money.

Instead, I want you to think about reducing your expenses.

If you do this, here are the results you can expect to happen:
• Result 1: You'll have more disposable income to put towards debt repayment or saving for the future.

• Result 2: You'll be less reliant on a high income to maintain your lifestyle.

• Result 3: You'll be able to handle unexpected expenses or income loss more easily.
Read 13 tweets
Dec 26
These 3 skills have made people Billionaires in less than 5 years

... 🧵
Strategic thinking and decision-making:

Billionaires often have the ability to think strategically and make informed decisions that help them achieve their goals.

This may involve identifying opportunities and making calculated risks to capitalize on them.
Following a daily boring system:

Most of the successful young entrepreneurs have a daily boring schedule of waking up, then doing this, then that....

This makes their subconscious mind less prone to decision-making.

Hence, they reserve their energy for important decisions!
Read 6 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(