Building Your Money Machine

TES 084 - How to Negotiate or Get to Solutions


Listen Later

In this episode, #1 Bestselling Author and Highly Acclaimed business & Entrepreneur Expert, Mel Abraham, talks about negotiation, helps you understand the concept of conflict and shows you how you can go from contention to solution. In any type of negotiation, if you don't get it right, it's going to be an energy drain, the conversation will stall and you find yourself in a constant battle. If you get it right, you start to make progress, get some understanding and finally, produce some sort of resolution.

The 3 principles that you need to understand are:

  1. The details bogs you down
  2. The meaning that people give to situations is highly emotional
  3. We need to find our solutions above the meaning and details
The Solution Pathway

To go from contention to solution, there are a couple of things to understand:

  • Observations: What happened? This is the detail, the stuff that we get caught into and we can’t get away from it because we’re stuck in the specifics.
  • Emotions: What made it happen? What are the meanings placed in it? We need to understand the meaning that comes from it.
  • Realizations: What is it about? This is where your solutions can be found.

What they are doing

  • Excavation: At an observation level, they dig into the problem and create a hole of emotions.
  • Personalization: Once they dig in, they make it personal.
  • Escalation: This is when we start to really have problems. People are worried about the details and escalating it.

What they should be doing

  • Information: At the observation level, we actually should be getting the facts and not placing blame on anyone.
  • Appreciation: Acknowledge and realize what they are feeling. Identify the difficulties and emotions without discounting it. Have empathy.
  • Resolution: At the highest level, we finally get to the resolution.

__________________________

ABOUT MEL ABRAHAM

Mel is the founder of BusinessBreakthrough Academy and Thoughtpreneur Academy where he helpsentrepreneurs bring their businesses to the world and build thelifestyle that they want. Mel is one the most sought afterentrepreneurial mentor and strategic thinkers of our time. Unlikemany other so called “business coaches”, Mel has lived everythinghe teaches and continues to do so. Mel has built, bought and soldnumerous multimillion-dollar businesses for himself as well as hisclients. As the author of The Entrepreneur’s Solution: The ModernMillionaire’s Path to More Profit, Fans & Freedom Entrepreneur,Mel’s strategies have helped build thousands of businesses and havegenerated hundreds of millions of dollars for his clients, rangingfrom large corporations to startups and small family-ownedbusinesses.

Mel is a true believer in theentrepreneurial way of life and says that this “new frontier” isthe paradigm

...more
View all episodesView all episodes
Download on the App Store

Building Your Money MachineBy Mel H Abraham, CPA, CVA, ASA

  • 5
  • 5
  • 5
  • 5
  • 5

5

228 ratings


More shows like Building Your Money Machine

View all
Your Virtual Upline Podcast by Bob Heilig

Your Virtual Upline Podcast

1,659 Listeners

Progress Mode with Brendon Burchard by Brendon Burchard

Progress Mode with Brendon Burchard

3,677 Listeners

Earn Your Happy by Lori Harder | YAP Media

Earn Your Happy

2,784 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,597 Listeners

The Mind Your Business Podcast by James Wedmore

The Mind Your Business Podcast

1,639 Listeners

The School of Greatness by Lewis Howes

The School of Greatness

21,197 Listeners

Entrepreneurs on Fire by John Lee Dumas of EOFire

Entrepreneurs on Fire

3,829 Listeners

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

12,070 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,025 Listeners

The Marie Forleo Podcast by Marie Forleo

The Marie Forleo Podcast

1,667 Listeners

the bossbabe podcast by Natalie Ellis

the bossbabe podcast

2,013 Listeners

The Jim Fortin Podcast by Jim Fortin

The Jim Fortin Podcast

1,474 Listeners

Powerhouse Women by Lindsey Schwartz

Powerhouse Women

887 Listeners

The Jasmine Star Show by Jasmine Star

The Jasmine Star Show

2,600 Listeners

The Daily Motivation by Lewis Howes

The Daily Motivation

922 Listeners