The Lifelong Learner :: Do what you can, with what you have, where you are -Roosevelt ::

Best Negotiation Technique: Walk Away

Good negotiating skills is a valuable tool to have. It comes to use whether you’re negotiating for a new car, a new job, pay raise, or anything else that you want to get a good price for. The bottom line, it will come of use sooner or later. What is the best technique? Walk away.

I agree. I bought a car for my wife using this technique. The salesperson did not want to go down in price. He went down a little but not enough for me. I told him my last price. He said no. I was walking away. He said, “hold on.” :-)

In this article, The ONE key thing to know about negotiation, Eric Sink explains the technique very well.

In negotiation, the one thing that really strengthens your position is the ability to walk away from the deal.That’s it.

Sounds simple, right? It should be, but people still get themselves into all kinds of trouble. Most people think the key to negotiation is figuring out how to manipulate the other person’s perspective. I’ll admit that those tactics can be somewhat effective, but the genuine ability to walk away from a deal is far more powerful.

ReferenceThe ONE key thing to know about negotiation, Eric.Weblog() — Eric Sinks’s blog

Enjoying Commute Time

I love my 40+ minutes commute. Why? Because I am able to listen to great audio books. Mostly for free!

That’s just great.

Mostly free, how? Check out your local library. If they don’t have downloadable books, then I’m sure you can rent books on tape or CD. As I wrote before, Free Audio Books for Northern NJ Residents, in Bergen County, NJ, I can go to NetLibrary and pick from over 1000 audio books. Then there is LearnOutLoud.com, which has a lot of books for free (sign up for their newsletter to get updates on new titles).

You can also try Audible’s 3 free books (they have the largest collection), but you need a compatible MP3 player.

Before I listen to any book, I do some research. There are so many books out there that I need to filter them out and read the best. I usually check each book’s ranking on Amazon.com and read books that have a 4.5 stars or higher. This allows me to read the best books.

I also love autobiographies. Especially of the founding fathers. Wow, this is excellent stuff. I’m currently listening to Alexander Hamilton’s. I’m not only learning about him, I’m also learning about how America was founded. It’s a 30+ hour book, but I’m almost over (over a month into it already :-) ). Great book and a great mind.

ReferenceNetLibrary.com, Download free audio booksbccls.org, Bergen County Library SystemLearnOutLoud.com, contains many free audio books

RelatedFree Audio Books for Northern NJ Residents, my previous post

Breaks Are Good

Do you want to be more productive at work? Use breaks to your advantage! (Good advice, right? ;-) )

Seriously, I heard this a number of times already (I talked about it as part of the review for The Power Of Full Engagement book). I actually started taking brakes every 90 to 120 minutes at work and I think they’re helping me. I know that sometimes I don’t take them because something that I’m working on is urgent (ie, I have a bug to fix), but I suffer as a result, because it takes me longer to find the bug (fatigue almost always kicks in).

Breaks really work. Take a 5-10 minute break at least every two hours.

There is even more support for breaks now, I just discovered. Researchers at MIT found that regular breaks are key to better memory. While testing rats, they found that your brain will replay the information that it recently gathered during break time. “This repeated rewind gives other parts of the brain time to process and store the information.”

Reference
Coffee Break Brain, ScienCentral News

The Economist Magazine

I used to be a subscriber of Time for several years. No more. I have discovered something vastly better.

The Economist has become my favorite weekly magazine. It has excellent writing. It has short stories that are very interesting to read. It has articles on every continent in the world, with extra sections for US and United Kindgdom. It has technology news. It has business news. It has book reviews. It has everything that you need to stay well informed.

I don’t know of any other news magazine that is as good as The Economist.

It is truly a gem. If you want to learn what’s going on in the world, this is a great way to do it. A lot of people get their news from the web. They base their opinion on never-heard sources. I don’t like that. I like to read sources that are trusted. The Economist is as trusted as you can get.

What’s different about this magazine vs Time, Newsweek, etc, is that all articles are editorials. They don’t contain “she said, he said” types of articles which are good sometimes, but don’t let you see the big picture easily. The Economists articles are basically essays, which, to me, are a lot better (and harder to write). The author brings you the big picture, you can’t miss it. What I like the most about the magazine is the variety. The US magazines give you mostly information about the US. The Economist gives you a world view.

It’s not cheap, though. I paid $45 on Ebay, but you can no longer get it. You can buy it through Amazon for $98 (click on this offer) and get $25 Amazon.com gift certificate. Otherwise, you have to pay over $100.

I am learning a lot by reading the Economist. You will too. I highly recommend it.

Patterns for Success

Do you want to be successful? Or maybe you already are, in that case, do you follow a pattern?

I have to say that I have been successful in most of the things that I have tried to achieve. But I don’t necessarily have a process. After reading the article, more below, I think that I might have a process: I think of an idea — a goal — and then I stay determined and try to achieve it, over time I look back and see if it was successful. But I don’t really have a structure and the process is mostly common sense, I guess. Scott H Young, in the Patterns for Success article, explains his process. He claims he follows it all the time and it has worked for him. It consists of three steps: Ideas, Implementation, and Review.

This is an excellent article, so I’ll take the most important points from it (read it all, though).

Patterns for Success

(1) IdeasIn order to improve, you need to know how you want to improve. You need to have ideas of where you want to be in a month, in a year. How do you get these ideas? By reading books, listening to audio tapes, he suggests. You can also do it, I think, by going to conferences, and even talking to friends: anything new that you would like to accomplish might be considered an idea. Scott suggests spending “no more than twenty percent” in this phase (interesting).

(2) ImplementationIt’s the most important step in improvement, he suggests “at least sixty percent” in this phase.

Generating ideas is easy, implementing them is the hard part. But without implementation “you can never experience any growth,” says Scott. “Growth occurs only after you have taken your ideas and set them into reality.”

(3) Review“Review is critical to long-term success.” Allocate around twenty percent for this activity.Review helps you “to ensure that you are improving in the direction you want.” It’s a test to see whether you are growing. “Ignoring this step would be like trying to drive a car with opaque windows,” says Scott.

ReferenceIntroduction – Patterns for Success (Series), Scott Young

Great North Korea Photos

If you’ve never seen, like me, what North Korea looks like, take a look. Great stuff.

North Korea – Military Photoshttp://www.militaryphotos.net/forums/showthread.php?t=82755

(Demographic) United States in 2050

An interesting question and an interesting answer.

Guy Kawasaki: What will the demographics of the US look like in 2050?

Dr. Joseph Chamie (Demographer): Later this year, sometime in mid-October, the US population is expected to hit the 300 million mark. The growth of the America’s population is expected to continue throughout the 21st century. By 2050 it is projected to grow to about 420 million; and by the century’s end, the projected US population is approaching close to 600 million.The age structure of the population is also expected to become older. For example, the proportion of the US population sixty-five years or older is expected to rise from 12 percent today to 21 percent by mid-century. Furthermore, Americans are expected to be living longer in the future, with many reaching 100 years or more. Also, today there are about five people in the working ages for every person sixty-five years or older; by mid-century this number will likely be cut in half.

The population will also be more urbanized, with large movements to outlying suburbs and smaller cities, and significant regional shifts to states in the South and West. Over the next twenty five years, for example, the five fastest growing states are expected to be Nevada, Arizona, Florida, Texas and Utah. In contrast, states in the Northeast and Midwest regions, such as North Dakota, West Virginia, Iowa, Ohio, New York, and Pennsylvania, are projected to experience negative or close to zero population growth over the next quarter century.

America’s population will also likely continue to experience major shifts in its ethnic composition. According to the 2000 census, for example, the top five countries are no longer of European origin as was the case in the past; they are now Mexico, China, Philippines, India and Vietnam. In addition, greater proportions of Americans will have their ethnic origins from countries south of the U.S. border, especially from Mexico, which now represents close one-third of the foreign born residing in the US.

During the coming decades, America’s population is expected to remain around four to five percent of the world total. However, its demographic standing among developed countries as a whole will increase from one-quarter today to close one-third by 2050.

All in all, America’s population is expected to undergo major demographic changes during the 21st century. Given America’s dominant social, economic and political role in the world, these demographic changes will no doubt have significant and far-reaching consequences and repercussions for the country itself as well as for other nations.

ReferenceAddendum to Ten Questions with Dr. Joseph Chamie, Guy Kawasaki blog

RelatedTen Questions with Joseph Chamie, Demographer, Guy Kawasaki blog

Good. You See It Differently

This is a great advice from lifehack.org blog: Take The Sword In.

You probably haven’t re-read your copy of 7 Habits of Highly Effective People lately, but there’s a great part in Habit 5 (Seek first to understand, then to be understood) that talks about confrontations. I use that advice often, and almost always to the effect that Dr. Covey promises.

Good! You See it Differently

When confronted by a difference of opinion, especially when the person who disagrees with you sounds almost hostile about their opinion, or dismissive, what’s expected is a confrontation. The person arguing with you lunges forward with a criticism. She speaks with no regard for your feelings or ego.

In the audio program, there was always something so genuinely happy in Covey’s voice when he replied to his attacker. The script was like this: Sashi is arguing with Enrique. Sashi says, “This part is all wrong! There’s a big mess here. Things haven’t been taken into consideration.” At this point, Enrique could let his feelings get hurt, but instead, he chooses to say, “Good! You see it differently. Tell me what you think.”

The expression is magical. It takes the attacker off guard. It “takes the sword in.” Thing of someone lunging forward with a sword. Instead of countering with your own blade, you grab theirs, and pull it towards you. Imagine how off-balance one would be if one expected you to strike. Everything would be jarring to him because his bodyweight and strength was geared for a return conflict.

Check Your Ego

The prime ingredients to managing this kind of communication experience are a strong belief that you will eventually be heard, and also the ability to check your ego, to relinquish that sense of having to defend your thoughts and feelings to this other person. If you are strong in your spirit, you can do both. You can wait to make your point. If you execute the interaction well, anyone observing the interaction will most certainly score you higher than you’d imagine. It takes guts to let someone else stomp all over your idea, especially in public, but it takes almost superhero-level powers to reply with, “Good! You see it differently.”

But I’ll tell you: the reward of taking that sword in, of getting the person so off-balance that they accidentally become your ally and help you make the original idea better, is worth more than gold.

ReferenceTake The Sword In, lifehack.org (great, filled with practical advice blog, btw)

Alexander Hamilton

Alexander Hamilton was a brilliant man. He was one of the most influential people in the American revolution. He did such a good service to America. He helped America a lot. And he was just a boy when he came to America, by himself, from the Caribbeans.

He was a great writer as well. His writings had great influence. He was writing to newspapers to promote independence. Later he promoted the constitution.

I heard about these stories in Hamilton’s autobiography, which I’m now vastly enjoying. It’s a fascinating audiobook. I love it.

But because I heard about his writings, I would like to read some of them. I searched for them today. And what? I found Alexander Hamilton’s Writings. It’s a complete collection of his writings. It’s a 1200+ pages book. I think I am going to buy it (probably rent it first from a local library).

As I’m learning more about Mr. Hamilton, I see that he was just as essential in the American revolution as the founding fathers.

I love these autobiographies from the American revolution.

ReferenceAlexander Hamilton

Trulia, Zillow and RealEstateABC

If you’ve been following the real estate in US, you must have at least heard these names (if not tried them). If not, I’m going to recommend these as helpful to asses the housing market, and a great help in finding your next house.

They are all real estate tools: interactive websites that allow you to search and value the houses on the market in your area, and in United States overall.

Trulia.com. It is a site that I like the most. This site puts together listings of houses for sale in your area, as well as in the whole US (noticed this last week). As I take a look at houses for sale on my street (by walking or driving), I see 3 houses for sale; on Trulia I only find 1, but there are still a lot of houses listed in the area. There are a lot of listings and you get get a good indication of what the houses are going for. They also have email updates. I just signed up for one: they’ll send me a weekly update of houses for a town in NJ.

RealEstateABC.com. I just discovered this site today and I’m already liking it. Why? Because it is putting the real information, information released by the authorities. How can I tell? I can see my parents house there and it displays the actual amount the house sold for. Wow. My parents bought a house in Garfield, NJ for $253K two years ago. Now the house can go for $350-400K. I think it is unrealistic that the houses went up so fast (has your pay increased 50-100%?).

Zillow.com. The site looks very good. However, I’m not so sure that it does a good job (at least not in Garfield). On the same site, my parents house is listed for $118K. They say it’s the tax-assessed value. Do I want to see that? How does it help me? Not sure. But I hear that in other areas it displays the actual value. Try it out.

Out of the three above, I prefer Trulia and RealEstateABC. Those tools are very cool. They give me the ability to see how much the house on the street is listed for, and then how much it actually sold. Those are tools that Internet savvy users have waited for. Finally they’re arriving. (We’ll see more of those, I think.)

ReferenceReal-Estate Snoops Use Sites To Find Prices of Others’ Houses, The Wall Street Journal Online

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