cover of episode Derrick Chevalier – Negotiating the Rope-A-Dope | Expert Interview

Derrick Chevalier – Negotiating the Rope-A-Dope | Expert Interview

2024/9/10
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Making Business Matter (MBM)

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How Embracing Nervousness and Understanding Human Factors Can Transform Your Deals In this podcast with negotiation expert Derek Chevalier, we dive into the secrets of mastering negotiations and transforming your approach from amateur to pro. Discover how to leverage your own nervousness to your advantage with the surprising strategy of "rope-a-dope," and learn why understanding the human element in negotiations is crucial for success.

With insights that go beyond mere tactics, Chevalier's advice reveals how to effectively manage complex negotiations, understand the hidden roles of all participants, and craft strategies that make you the master of your negotiation game.

Ready to up your negotiation skills and walk away with better deals? Read on to uncover the key strategies that will give you the upper hand and turn every negotiation into a win.

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  You Can Read the Full Kantar Market Share Transcript Below: Darren A. Smith: Alright, alright. Welcome to the world stickies. Learning my name is Darren Smith and my guest is Derek Chevalier. Now Derek and I were just having a great conversation because I was saying how do you pronounce your surname? And you were telling me it's French and it means nice. Is this right? Wow. Derrick Chevalier: OK. Yes, yes, that's it's actually a title, right, a Chevalier or knight. Darren A. Smith: You said so much better than me. Derrick Chevalier: Ha ha ha. Darren A. Smith: And also we were discussing Smith and I was saying how boring it is and I love your surname. I love it, I love it. But let's get down to why we're here. Derek, you're an expert on negotiation. I'm going to ask you a question which will be a little bit tough, but I know you'll take it in the right way. Why should our listeners listen to you when I ask you questions about negotiation? Right. Have you been doing it a while? Derrick Chevalier: Ha. I've been doing it awhile and I think the benefits that can come from the experience that I have is that people can transform their interactions with other human beings. Darren A. Smith: Nice. Derrick Chevalier: It's a process that can be adapted to virtually any element or aspect of both personal and professional life, child rearing to business, yeah. Darren A. Smith: Yeah, yeah. I mean I always say in negotiation, I can negotiate with anyone. But my kids, you know, they just win. But you know, we both know that. Derrick Chevalier: Exactly. Darren A. Smith: Now I've got. Derrick Chevalier: The younger they are, the more true that is. Darren A. Smith: Oh, I want a lolly. I want a lolly. I want a. Oh, come on. You've worn me down. Have 4 lollies, alright? So you and I were talking about this a couple of weeks ago and I said well, let's ask the questions that people are asking on Google, which I've got here. And you said, yeah, you can answer those questions. So that's what we're going to do. We're going to ask you the questions that the folks are mostly asking on Google, like 10,000 hits a month, alright. Derrick Chevalier: OK. Sure. Darren A. Smith: So let's start with the first one. Nice easy one to get us going. What do you mean by negotiation, that's what the folks are asking. Derrick Chevalier: Sure. So it's a formal or informal process of either conflict resolution or problem resolution. Essentially. That's as simple as it is, you know, a process for resolving. Darren A. Smith: I like it. Derrick Chevalier: Either issues or questions or conflicts. Darren A. Smith: Alright, nice. Nice. Alright, nice and simple. For folks watching or listening to this show and they're thinking I can't negotiate. I don't like negotiating and I avoid it. Just a couple of thoughts for them before I move on to our second question. Derrick Chevalier: Right, sure. Quick disclaimer, everything that I'll talk about is based upon the proprietary ne...