#18 – Getting Good at Gambling (Or, At Making Better Business Decisions)
Release Date: 09/24/2024
Station 4 Negotiation
Are your business meetings stalled, off-track, or simply not delivering results? Say goodbye to all that in 2026. In the last 2025 episode of S4N, Gene draws astonishing parallels between the missteps of world leaders in 1914 and the mistakes we still see in today’s boardrooms, team huddles, and high-stakes negotiations. Using colorful stories from the infamous Sarajevo assassination and the global domino effect that ensued, you’ll be confronted with the real-world consequences of unclear communication, rigid thinking, and poor meeting leadership. Gene decodes how a lack of message...
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This week on S4N, Gene dives straight into one of the loudest leadership debates happening right now: is diversity a competitive advantage, or – as Secretary of Defense Pete Hegseth recently claimed – “not our strength”? Gene doesn’t just push back on Hegseth's idea. He brings historical receipts. Using one of the most powerful leadership case studies in American history, he breaks down how Abraham Lincoln built a wartime cabinet that should’ve collapsed under its own contradictions: rivals, skeptics, political opponents, and people who were openly hostile to his agenda. Instead of...
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Why do some deals collapse almost as soon as the ink dries? This week on S4N, Gene cuts through the noise of the recent Gaza ceasefire, the Trump administration’s role in shaping it, and the years of history that led up to the conflict, pulling out the hard negotiation truths every leader should know. Gene gets straight to the real failure points – credibility gaps, sloppy execution, and agreements that rely on pressure instead of real buy-in. How does this affect your business? The same traps that derail geopolitical deals are the ones that quietly sink corporate mergers, partnerships,...
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How do you protect what your company stands for – when that can’t be written into a contract? This week, Gene dives into Ben & Jerry’s Unilever deal – and Jerry’s recent exit from the company – to unpack one of the toughest challenges in negotiation: defending values when profit and principle collide. From the ice cream brand’s fight to preserve its social mission to the legal and strategic tools they tried to use to “hardwire” their culture into a corporate merger, this episode explores what happens when ideals hit the limits of a deal. If you’ve ever faced a...
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The recent drug-pricing clash between Pfizer and the Trump administration wasn’t just another policy fight – it was a huge negotiation in US healthcare. This was a high-wire act: a pharmaceutical giant under intense political pressure, a White House eager for a headline win, and billions of dollars on the line. This week on S4N, Gene breaks down how Pfizer held its ground, built quiet alliances, and seized the exact moment the Trump administration started negotiating against itself. Most importantly, he explains the critical difference between power and influence — and when to use each....
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What if the key to breaking a business deal deadlock isn’t narrowing the focus – but making the problem bigger? This week on S4N, Gene explores the counterintuitive strategy of “enlarging the problem,” drawn from the book Swap: A Secret History of the New Cold War by Drew Hinshaw and Joe Parkinson. With stories from U.S. hostage negotiator Roger Carstens, Gene shows how widening the frame of a stalled conversation can unlock new options and shift outcomes – and gives you a step-by-step, seven-part military decision-making framework you can put to work in your own business...
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This week on S4N, Gene breaks down one of the most daring corporate maneuvers in recent memory: Nvidia’s bold push into the Chinese tech market under the shadow of U.S. export controls. Through the lens of The Art of War and real-world strategy, Gene returns to our friend from episode 40, Jensen Huang, to explore how Huang played a complex, high-level game – while balancing political risk, regulatory firepower, and a negotiation counterpart unlike any other: Donald Trump. This episode offers a rare look at how high-stakes corporate negotiations unfold when global markets, national policy,...
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One question that comes up time and again when people start learning negotiation is: okay, but how do I negotiate my own salary? This week on S4N, Gene takes a close look at that question through the lens of a well-known Hollywood standoff with surprisingly relevant lessons for today’s professionals: the salary dispute that led to Suzanne Somers’ abrupt exit from the iconic sitcom Three’s Company. This episode explores what went wrong, how it could have gone differently, and what it all means for anyone negotiating compensation – whether you’re managing a team or...
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This week on S4N, Gene introduces you to media mogul family the Redstones (of Paramount) and breaks down the modern mantra of “FAFO” (let’s just say, “Fool Around and Find Out”) to find the point when pushing goes from good to too far. He also dives into the ins and outs of mediation: when it can rescue a negotiation, why people misuse it, and the key questions to ask before you sit down to make sure you’re not walking in blind. You’ll hear what it really means to make a “last, best offer” - how to hold your ground without tanking the deal, and why sometimes the smartest move...
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We hear so much about AI replacing jobs – but, ironically, the best lesson on becoming indispensable comes from an artificial intelligence executive himself. This week on S4N, Gene zooms in on the meteoric rise of Nvidia and its CEO, Jensen Huang, to unpack a negotiation strategy that every business leader, entrepreneur, and lawyer must master: making yourself indispensable. In a climate where artificial intelligence is remodeling the business landscape — and even giants like Microsoft, Apple, and Tesla have to negotiate on Nvidia’s terms — what separates the survivors from the true...
info_outlineThis week on S4N, Gene is... encouraging gambling? No, he's not, but he IS going to teach you how to get better at negotiation by thinking of it like a game of poker.
Learn how to make better decisions, how to analyze your decisions so you get better at decision-making, and how to think in terms of probabilities, not right or wrong.
Plus, learn the concept of resulting and how to avoid its pitfalls, understand backcasting and pre-mortems and how YOU can use them to get better deals done, and discover the CUDOS framework for decision-making. Remember: negotiation is life.
Mentioned in this episode:
- "Thinking In Bets: Making Smarter Decisions When You Don't Have All The Facts" by Annie Duke
- Rova Farms Resort v. Investors Ins. Co.