
A Car Sale – Acceptable Loss And Walking Away
We continue the series about errors and recovering with an excellent example of acceptable loss and when to walk away. We see these appear in negotiations regularly. They are shown in movies, television shows, and in real life. We walk away regularly without even realizing it. So yes, when you decide not to purchase an item or enter a store because of products or pricing, you are walking away from the negotiation. Determine Acceptable Loss Up Front The key to being able to walk away from any negotiation is to determine your breaking point beforehand. This preparation allows us to detach emotion from the negotiation and have a way to hold ourselves accountable. It can prompt the internal conversation of... Read more