Do not mistake serious negotiations with management bargaining.

They require very different skills. Let’s say an employee wishes to deposit and collect their child from school each day. This will interfere with his/her “normal” working hours. Big deal. If the employee is important to you, you will probably bend over barckward to “negotiate” a solution. If they are not, you will probably enforce the letter of law (and fire them). Whatever you decide to do, you are not involved in “negotiating” – you are problem solving. -How to get rich, p.150 Continue reading Do not mistake serious negotiations with management bargaining.

It’s usually better to leave no doubt in your visitor’s mind if you’re not interested in their project or idea.

In a way, it’s kinder, as well. While the temptation is to say, “I’ll confer with my colleagues and get back to you,” this will eventually come back to haunt you and waste more of your most valuable resource. Time. -How to get rich, p.130 Continue reading It’s usually better to leave no doubt in your visitor’s mind if you’re not interested in their project or idea.

Strangling your own baby, in order to grow, is far more common than you might think.

Ex: If you have a successful monthly magazine, for instance, and then launch a weekly in the same category, you will inevitably weaken sales of your original title. So should you launch the weekly? YES! A thousand times yes! Why? Because if you don’t launch the weekly, your rivals will do it for you. You will be left with a damaged monthly and no weekly. -How to get rich, p.124 Continue reading Strangling your own baby, in order to grow, is far more common than you might think.

Trust your instincts

Do not be slave to them, but when your instincts are screaming, Go! Go! Go! then it’s time for you to decide whether you really want to be rich or not. You can’t get rich by painting numbers. You can only do it by becoming a predator, by waiting patiently, by remaining alert and constantly sniffing the airand by bringing massive, murderous force to bear upon your prey when you pounce. -How to get rich, p.122 Continue reading Trust your instincts