Published Jan 16, 2020

THE SECRET To Negotiating In Business & Life TO ACHIEVE SUCCESS | Chris Voss & Lewis Howes

Chris Voss, a former FBI negotiator, shares practical strategies for mastering negotiations in business and life through emotional intelligence, empathy, and advanced tactics to achieve success.
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Episode Highlights

  • Daily Negotiations

    emphasizes that daily negotiations occur more frequently than we realize, often whenever someone says, "I want" or "I need." He shares practical examples, such as negotiating for a hotel upgrade or avoiding early check-in fees. adds that even ordering coffee at Starbucks can be a negotiation, where recognizing the barista as a person can lead to better service 1. Voss explains that demonstrating understanding and treating people with respect can significantly influence the outcome of these interactions 2.

    Never be mean to somebody who could hurt you by doing nothing. Well, everybody you interact with could hurt you by doing nothing.

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    These everyday scenarios highlight the importance of empathy and human connection in successful negotiations.

       

    Emotional Anchoring

    Voss introduces the concept of emotional anchoring, a tactic where you prepare someone for a negative response to make your actual request seem more reasonable. He explains that this technique leverages the brain's natural response to perceived threats, making the final ask appear as a relief 3. Additionally, he advises stating the other party's arguments for a high price first when negotiating a purchase, which can leave them with nothing to counter 4.

    The last impression is a lasting impression no matter what. So I need to, more than anything else, make sure that the last impression is positive or at least feels collaborative.

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    These strategies are designed to create a more favorable negotiation environment and outcome.

       

    Skill Development

    Developing negotiation skills is crucial for professional growth. Voss highlights the importance of practice, noting that repeated use of specific phrases can enhance neural connections and improve performance over time 5. He also underscores the value of continuous learning and training in negotiation, emphasizing that staying stagnant is not an option 6.

    Every time you insulate, it fires a little bit better. Fire at 63 to 64 times, according to the Blue Angel pilot, and you get a nice circuit belt, and it'll fire quickly.

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    This focus on professional development through consistent practice and education is key to mastering negotiation.

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