The Art of Negotiation: Strategies for Success in Personal and Financial Matters
Release Date: 02/28/2025
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info_outlineWhy This Episode Is a Must-Listen
Negotiation is an art form that many find intimidating. Whether it's asking for a raise, buying a car, or even splitting vacation costs, negotiation is a critical skill that can impact every aspect of your life. This episode of Inspired Money breaks down negotiation strategies with renowned experts who share their secrets for achieving successful outcomes. If you've ever felt unprepared or nervous about negotiating, this is the episode you can't afford to miss.
Meet the Expert Panelists
- Keld Jensen: A globally acclaimed negotiation strategist, author, and speaker ranked number three in the world by Global Gurus in 2025. Keld's books focus on behavioral economics and trust-based deal-making, transforming negotiation practices worldwide.
- Dr. Joshua Weiss: A Senior Fellow at the Harvard Negotiation Project and author of "Getting Back to the Table." His expertise lies in negotiation, conflict resolution, and leadership, making him a go-to source for approaching detailed negotiation intricacies.
- Linda Swindling: A negotiation expert and author of "Ask Outrageously!" Linda empowers leaders to confidently navigate high-stakes deals and communication challenges, drawing on her rich background as an attorney and mediator.
- Dr. Susan Heitler: With a career as a clinical psychologist, Dr. Heitler’s books and widely-viewed TEDx talks explore conflict resolution techniques crucial for couples and families, highlighting negotiation's emotional dynamics.
Key Highlights
- Preparation is Key: Keld Jensen emphasizes the necessity of preparation in negotiation, stating, "Not preparing is the same as preparing for failure." He suggests negotiating on how to negotiate to ensure all parties are on the same page.
- Embrace Emotional Intelligence: Dr. Joshua Weiss advocates for using emotions constructively in negotiations to align with real concerns rather than suppressing them. He notes, "If you don't ask for something in negotiation, you're never going to get it."
- Practice Makes Perfect: Linda Swindling encourages building negotiation confidence by practicing with strangers and in everyday situations, transforming discomfort into success over time.
- Active Listening is a Superpower: According to Dr. Susan Heitler, active listening can transform negotiation dynamics, making room for solutions that respect all parties' interests and strengthen relationships.
Call-to-Action
Here’s my challenge for you this week: Think about an upcoming negotiation you might have—whether it's at work, at home, or even haggling for a better deal. Take just 10 minutes to prepare by outlining your objectives, anticipating the other party’s needs, and considering how you’ll communicate effectively. You might be surprised by how much more confident and in control you feel!
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Andy Wang, Host/Producer of Inspired Money