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Intro to Negotiations 
Basic Concepts and Tactics 
- Randy Lubin -
My Journey
Today’s Talk 
• Why negotiations skills mater 
• What isn’t included 
• Terms and tactics
Why?
Not Covered 
• Persuasion 
– “Influence” by Robert Cialdini 
– “List of Cognitive Biases” – Wikipedia 
• Zero Sum 
• Bad Faith
Integrative vs Distributive
First – Know Yourself
Figure out Interests
Reserve Price
BATNA 
• Best 
• Alternative 
• To 
• Negotiated 
• Agreement
Options!
Know Your Enemy Partner
Build Rapport
Interests, not Positions
Get Data, Comparables
Know the Levers
Logrolling
More Options!
Contingencies
Using an Agent
Anchoring
Avoid 
• Piecemeal negotiations 
• Deal fatigue 
• Sunk cost fallacy 
• Real-time decision making
Anchoring
Options! Options! Options!
Questions?
Ask Me About 
• Learning to Code 
• Prototyping 
• Selling a Company 
randylubin.com 
@randylubin

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Intro to Negotiations: Basic Concepts and Tactics

Editor's Notes

  1. Negotiations are everywhere Often high stakes Tactics can have huge impact It can be fun!