Wow, I didn't realize some of these mistakes were so common. I will pay closer attention to the recordings of my closing calls and review them more in-depth. Thank you for the awesome video Pat. It has helped me elevate my thinking and awareness.
Can you make a video of going in depth about the three options idea? Like 3 options in a vacation home what you're looking for. 3 options deciding on what car to buy. 3 options of what a certain deal can provide you. Etc.
14 negotiating mistakes 1letting emotion get in the way 2 miscommunication 3not enough research do4not getting their direct■■(talk to the source,ceo)■■■■■■ 5leverage know leverage 6not listening 7knowing when to leave time wise 8too extreme soft/hard■■ 9not understanding personality■■■■■■■very important 10letting people what you want in the deal time wise 11caring too mych 12focusing only on the money 13trying to beat the other person 14not seeking other options■■■always do know your BATNA best alternative to negotiated agreement so u have leverage
Valuetainment, Can you please do a video on, 5 Best Books On the art of Negotiating.This would be greatly appreciated by me and many others.I truly appreciate all this free information. Keep the videos coming.
I can relate to this because I made a lot of these mistakes around this time last year. I tried to negotiate with an agent of a model in Japan. I met the model herself and she was amazing. Thing is, I had to deal with her agency and her manager. This is when the lesson began. I went in too hard instead of getting to know the manager. I didn't know as much about the client like I thought I did. Was in the business for myself instead of all parties. Tried to do long term through crappy methods. Took it too personal after it fell through. Took zero interest in the manager's life story (which was interesting after the fact) Was SUPER impatient. As bad as it felt, it was an important lesson for me to learn to get better. Thanks for this, Patrick!
Dan Lok said to invest in something you understand. Plus you need to study the market trends and how a company performs. If one asks about what stock to invest in, then that means, that person is uninformed and did not do his/her research and will probably lose money or gain money through luck.
@@joscmc thank him still? Pat doesn't do crypto and look at the value of crypto now. LoL. Hope you re okay man. 19k down to 3K wow... It will even go worse to $50 ... I will buy that when it goes so low. Thank me later
before i head over to the next valutainment video, i have to say; what Pat just delivered here is pure gold. if you are planning on running a big $ biz (like I am), then learn this stuff.
Valuetainment, Can you please do a video on, 5 Best Books On the art of Negotiating.This would be greatly appreciated by me and many others.I truly appreciate all this free information. Keep the videos coming.
Great tips, as always. I just can add my trick. Mirror people. If they speak slowly- you slow down. If they fast- you try to speak faster. Thats what I call being on the same wave:-) Always works!
Love your videos I'm trying to start my own business but have never run a business, Should I work for someone else first to get experience? I don't want to work for anyone else I'm tired of someone else controlling my paycheck, I want to start a different kind of business that no one around me is doing, that's my leverage no competition. What would you suggest? I have little cash to start
Great video with the most usual negotiation mistakes people make. I personally think that most people talk too much, trying to out-negotiate the other side. Pat mentioned the mistake of not listening, and I would add another one related to this: People too often break the silence, which means when they say their offer, instead of being silent, they continue talking to justify it, and by doing it they achieve exactly the opposite result - the offer loses credibility.
I try to watch your videos before I go to the gym trying to work towards a goal at the gym and your videos really motivate me to do more, and helping me with more things for my future.
Pat,you are the best my man.. it's so wise and so awesome of you to share all these things with us..And most importantly for free!. Thanks a lot man.. I wish I can repay you back or the society in some way or the other..
It's the former Marine again. Love your vids and I share them as well. I go to school full time and started my mobile detailing business that also donates to the troops. I'm learning to close sales I just started a RUclips channel to get attention but my question is to scale a profitable business is it just promoting and building relations and selling daily? For the survival stages for 2plus years?
Hey Pat, I’m interested would you be willing to do an update on this video or go into more length about this topic from some examples/case studies. Love your work mate!
I really like #13 trying to beat the other person. It’s interesting because you can screw the other person down as much as possible, but how do you get the best long term arrangement?
Number 13 I will admit is extremely important. Burning a bridge might feel good st the moment but what feels better is potentially benefiting down the road.
man all these regulations ,,, that I'm only 15 years old and wanna be part of a business. its stopping me from learning sometimes...I dont wanna wait for a certain age ...📚🙏🔥🔥🔥love your stuff Patrick
You didn't even have to ask me to hit the like and subscribe buttons and 3 minutes in I smashed tf outta them. Perfect delivery of information. Thank you Pat!
Good negotiators read people and can emphasize their feelings/reasoning. Plus use systems to program them/get to the right place/mindset. Once you learn to emphasize and use strategies to convince others for greater good - miracles happen.
mdaxe, thank you very much for the feedback ! I got my hands on a copy of Dale Carnegie as of now, thank you I will reach into each title you mentioned. Cheers !
Hey Pat! Great as usual, but there's really no solution on how to go about that mistake number one. Will be glad if you can clarify that better. Thanks
Hey pat ! This is your fan from India. A month ago I saw your video just like that on you tube. Now I can't stop watching them. It's like getting addicted to a great TV series.But I want to know how can I find the videos in serial order, the order in which you did these videos. Hoping for a reply whenever you are free :-)
Haters and jealous people I guess. Can't find a single reason to hate on these free videos myself tbh, some people could ask for money for these jewels PBD is dropping on a weekly basis.
hey pat! I do love your videos always good and helpful advises! Can you give more details about the three options? Any examples? Thanks for what you do!
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Share your thoughts with Patrick Bet-David by texting 310.340.1132 or click here my.community.com/patrickbetdavid
Wow, I didn't realize some of these mistakes were so common. I will pay closer attention to the recordings of my closing calls and review them more in-depth.
Thank you for the awesome video Pat. It has helped me elevate my thinking and awareness.
I learn English by listening to you brother everyday. At lest I watch 5 video every. Big respect my brother.
God bless you
Best entrepreneur channel on YT 👌
Can you make a video of going in depth about the three options idea? Like 3 options in a vacation home what you're looking for. 3 options deciding on what car to buy. 3 options of what a certain deal can provide you. Etc.
14 negotiating mistakes
1letting emotion get in the way
2 miscommunication
3not enough research
do4not getting their direct■■(talk to the source,ceo)■■■■■■
5leverage know leverage
6not listening
7knowing when to leave time wise
8too extreme soft/hard■■
9not understanding personality■■■■■■■very important
10letting people what you want in the deal time wise
11caring too mych
12focusing only on the money
13trying to beat the other person
14not seeking other options■■■always do
know your BATNA
best
alternative
to
negotiated
agreement
so u have leverage
Valuetainment, Can you please do a video on, 5 Best Books On the art of Negotiating.This would be greatly appreciated by me and many others.I truly appreciate all this free information. Keep the videos coming.
Ahmed khayr this comment is a year old...
You just saved me 12:54 of my life. Thank you.
I can relate to this because I made a lot of these mistakes around this time last year. I tried to negotiate with an agent of a model in Japan. I met the model herself and she was amazing. Thing is, I had to deal with her agency and her manager. This is when the lesson began.
I went in too hard instead of getting to know the manager.
I didn't know as much about the client like I thought I did.
Was in the business for myself instead of all parties.
Tried to do long term through crappy methods.
Took it too personal after it fell through.
Took zero interest in the manager's life story (which was interesting after the fact)
Was SUPER impatient.
As bad as it felt, it was an important lesson for me to learn to get better. Thanks for this, Patrick!
Your channel is so much value. I'm learning everyday.
Hii sexy!!
Shivam. Mishra, hi simp 🤦♂️
He has improved so much with his communication. Even though 5 yrs ago he was a top notch communicator
Pat, what stocks do you own?
Can we see some stock market related videos in the near future?
joscmc No thanks. I am only interested in stocks.
i dont think you understand cryptocurrencies. They go up and down like stocks. You REALLY should at least learn about them
Virat Chhikara Never take stock tips from ANYONE else!
Dan Lok said to invest in something you understand. Plus you need to study the market trends and how a company performs. If one asks about what stock to invest in, then that means, that person is uninformed and did not do his/her research and will probably lose money or gain money through luck.
@@joscmc thank him still? Pat doesn't do crypto and look at the value of crypto now. LoL. Hope you re okay man. 19k down to 3K wow... It will even go worse to $50 ... I will buy that when it goes so low. Thank me later
I like him, he doesn't have to swear and using the "F" word to teach.
Well that's happens when you stop listening to douchebags like Gary v! Control of vocabulary is a sign of intelligence!
It is just words lol
@@testicularhypertrophy no its a filler word of a dumbass who tries to sound tougher than the yellow belly is
Like Gary Vee?
It's pretty fuckin necessary
before i head over to the next valutainment video, i have to say; what Pat just delivered here is pure gold. if you are planning on running a big $ biz (like I am), then learn this stuff.
+Ron Harvey 👊🏼👍🏼
Ron Harvey which industry?
This is easily the most valuable channel in RUclips when it comes to bussiness
I have a special notebook named valuetainment. I take notes from these videos. This is a great classroom. And Patt is a great teacher.
Very smart. Good luck in your business endeavors. You will do well.
After watching this video. I know what mistakes I have made in my previous deals. Well explained. Thanks
Valuetainment, Can you please do a video on, 5 Best Books On the art of Negotiating.This would be greatly appreciated by me and many others.I truly appreciate all this free information. Keep the videos coming.
Pat, I am so happy to found this channel. Your hard work inspiring me a lot
This is another fantastic (and easily digestible) video. I'm getting tremendous value from you Pat. Thanks so much!!
I was just finishing this book called GAIN THE EDGE! By Martin E Latz.
And this video popped up.
Helped a lot, THANKS
and I'm glad tht people like you are existing in this world
Great tips, as always. I just can add my trick. Mirror people. If they speak slowly- you slow down. If they fast- you try to speak faster. Thats what I call being on the same wave:-) Always works!
great video. I also recommend 'Never Split the Difference'. best negotiation book Ive read, and implemented
Dude I miss these kinds of videos. They had a sort of simplicity, charm, and good deep lessons
Love your videos I'm trying to start my own business but have never run a business, Should I work for someone else first to get experience? I don't want to work for anyone else I'm tired of someone else controlling my paycheck, I want to start a different kind of business that no one around me is doing, that's my leverage no competition. What would you suggest? I have little cash to start
Great video with the most usual negotiation mistakes people make. I personally think that most people talk too much, trying to out-negotiate the other side. Pat mentioned the mistake of not listening, and I would add another one related to this: People too often break the silence, which means when they say their offer, instead of being silent, they continue talking to justify it, and by doing it they achieve exactly the opposite result - the offer loses credibility.
This is by far the best video about marketing i;ve seen in my entire life.
#9 on personalities was great, I like the candidness of interrupting the interrupter.
I have pretty much made all of these mistakeS. Thank you for sharing. Valuable information!
I try to watch your videos before I go to the gym trying to work towards a goal at the gym and your videos really motivate me to do more, and helping me with more things for my future.
+Daniel Manjarrez great strategy
this guy videos carries with em great value for business people, good work!
Pat,you are the best my man.. it's so wise and so awesome of you to share all these things with us..And most importantly for free!.
Thanks a lot man..
I wish I can repay you back or the society in some way or the other..
thank u Pat, this is best information for a budding entrepreneurs and companies
one love from Zimbabwe, Africa
My man I salute you , you are the big boss , you have put sense into our head. My Eyes has opened . bless you brooo! For sharing!
good every day energizer. good message to keep entrepreneurs going.
It's the former Marine again. Love your vids and I share them as well. I go to school full time and started my mobile detailing business that also donates to the troops. I'm learning to close sales I just started a RUclips channel to get attention but my question is to scale a profitable business is it just promoting and building relations and selling daily? For the survival stages for 2plus years?
Your content is so to the point. And your context is impressive. Idn why there are so less views.
2022 here we are....found this information so helpful.
Hey Pat, I’m interested would you be willing to do an update on this video or go into more length about this topic from some examples/case studies. Love your work mate!
Thank you for Sharing. Emotional intelligence is so important!
Learning something every day on your channel. Thanks!
I really like #13 trying to beat the other person. It’s interesting because you can screw the other person down as much as possible, but how do you get the best long term arrangement?
Number 13 I will admit is extremely important. Burning a bridge might feel good st the moment but what feels better is potentially benefiting down the road.
Very insightful and straightforward ❤
man all these regulations ,,, that I'm only 15 years old and wanna be part of a business. its stopping me from learning sometimes...I dont wanna wait for a certain age ...📚🙏🔥🔥🔥love your stuff Patrick
Pat da man
Gift to entrepreneurs
Thankyou Pat, it was indeed a valuable video
#1 is so important and overlooked
Always a great video with Pat
this video will really help me in my rookie career
PAT SHOW US HOW TO FOLLOW UP WITH CLIENTS AFTER A SALES BID WHEN THEY ARE GOING THRU A CRISIS !
Patrick, any advice on running multiple businesses at the same time? Cheers, Nik.
Hi, I have a quick question. What's the best books you've read or been recommended for negotiations that has helped. Thanks
Great tactics! Thank you. Getting back in the ring with my kid with these negotiating skills now. ;) Greetings from Germany!
Best source in youtube!!
Gonna use these tactics for cold calling thanks Pat!
Pat- you're a genius man. Your changing lives sir. Thank you.
Hello Patrick, fascinating content really helped me learn.
Thank you for your effort
What a difference the hair makes. Here Pat looks like he wants to sell me work out formula. Today he looks so much more professional.
I'm going to take over the fitness Industry with this information 😁
+Coach Iwuaba go getem.
I'm going to take over the waifu industry with this information
Lol
Let’s sell memberships at Bally Total Fitness
Maybe Pat can help?
You didn't even have to ask me to hit the like and subscribe buttons and 3 minutes in I smashed tf outta them. Perfect delivery of information. Thank you Pat!
I love the valuable advice you have given in this video. Thanks.
Thank you for everything Pat !
What books would you recommend for deeper understanding of negotiations? Thanks !
Dawid Todorczuk Never split the difference: Negotiating as if your life depended on it by Chris Voss
How to win friends and influence people by Dale Carnegie
Good negotiators read people and can emphasize their feelings/reasoning. Plus use systems to program them/get to the right place/mindset. Once you learn to emphasize and use strategies to convince others for greater good - miracles happen.
mdaxe, thank you very much for the feedback ! I got my hands on a copy of Dale Carnegie as of now, thank you I will reach into each title you mentioned. Cheers !
Getting to yes is a great book
growing! the channel is growing!
Knowing your BATNA is priceless. Thank you so much for the info!!
please make a video about NDA's (non disclosure agreements)... Thanks!
Hey Pat! Great as usual, but there's really no solution on how to go about that mistake number one. Will be glad if you can clarify that better.
Thanks
Hey pat ! This is your fan from India. A month ago I saw your video just like that on you tube. Now I can't stop watching them. It's like getting addicted to a great TV series.But I want to know how can I find the videos in serial order, the order in which you did these videos.
Hoping for a reply whenever you are free :-)
Would this negotiation advice work for negotiating with record labels and film studios?
Please make a detailed video on negotiation
Excellent video
Your videos Pat are very useful not only on business but it is applicable also on daily life of a person. Cheers Man!!!
Thank you. Patrick.
Awesome video!!!!! Always learning something new!!!! Thank you..
Thankyou Pat!
Thanks Pat. Really helped uso
This is solid information. Thank you for sharing your knowledge and wisdom.
Negotiation means the process of discussing something with someone in order to reach an agreement with them, or the discussions themselves.
Good compilation.. Useful tips.
I love your videos. They are so helpful
All in good time, Pat! Thanks for your excellent effort 🙏🏻
Thank you. I have now a business interview. It's very helpful 👌
Interesting, a little improvised and a little infomercial (fiverr) but good overall. Thank you pat
thanks I liked the family examples you talked about
This is just gold..
Pat - Always great videos!
Who the hell dislikes these videos?
Haters and jealous people I guess. Can't find a single reason to hate on these free videos myself tbh, some people could ask for money for these jewels PBD is dropping on a weekly basis.
there are bots that go around youtube disliking videos. thats why no matter how great a video is, if it is well know it will have dislikes
Not everyone learns the same way.
The people who are trying to sell $5000 courses.
loooool I was just thinking that too
hi - Can you make an in depth Business analysis with Gary Vaynerchuk, Tai Lopez and Grant Cardone - Thank you
Good content and very well presented
Great great video. Have you ever thought of interviewing Chris Voss?
Amazingly smooth plug!
dude this video is f*****g GOLD I SWEAR
Mate, I loved this video, very good insight and lessons. Cheers.
hey pat! I do love your videos always good and helpful advises! Can you give more details about the three options? Any examples? Thanks for what you do!
My three life options. Wife in the Morning. Work during the day. Patrick in the evening. The Dog is not an option, she always gets her walk!
Thanks from Sonora, Mexico! Really good info
Your first example is wrong. You don't know Indian Parents.😂
Pat that was a fantastic video, thanks so much for all your good stuff that you share with us
Thank you!!!
one more great content, thank you, pat.
Great video pat, thank you
Well done man, thanks for your efforts, you are a solid role model. Good man.