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The best time to borrow money is when you don't need it. Mark McShurely knew there were few alternatives when he realized he owed his supplier and couldn't pay. So, he asked for his supplier's help. He negotiated a deal. And still couldn't pay. So, he renegotiated. Hear his story and how he rebuilt his credibility one week at a time and created an unprecedented relationship with his supplier, one of the largest wholesale distributors in America.
Being in the business of going to space is a big deal, and so are the contracts that go with it. Brian Mooney, President of Mooney Industries Precision Machining, Inc., has negotiated with all of the space industry's major players for decades. Knowledge, process, and details matter. Join Christine McKay and Brian and learn more about how he has successfully built long-lasting relationships with behemoth companies and kept his company profitable.
Having an international business is always challenging. When you are a small business working with local tradespeople on different continents and creating products to sell in the United States, one of the biggest challenges comes in negotiating for things. Join Christine McKay and Mimi Darra, Co-founder of Maison Palo Santo®, as Mimi shares what she learned about dealing locally in Morocco and Ecuador and how it has changed her approach to business.
Many people think of negotiation as a taking process, one with clear winners and losers. However, negotiation is fundamentally about giving and receiving. Join Christine McKay for this dynamic interview with Meghan Gardner, Founder of Guardian Adventures. We talk about how Meghan's rich experience, drawn from using live-action role-playing (LARPing) to help kids gain autonomy and agency to working in hospice care, informs negotiation. There is a lot to learn about negotiations from the power of storytelling and gaming.
Sometimes, you just have to dive into the deep end and figure things out on the way. Negotiation requires flexibility and a willingness to test ideas and figure out what can work for all parties involved. In this episode, Christine McKay interviews Andre Champagne, an entrepreneur, international business executive, and inventor, who talks about taking risks and finding success. Andre shares his journey in the film industry and as an inventor. He talks about the importance of negotiating from abundance versus scarcity and why believing in yourself matters so much at the negotiation table.
Whether you're an entrepreneur unsure of your next step or a business professional struggling to negotiate your way, having effective conversations with others and with yourself will drive your success. On today's show, Blair Dunkley joins Christine McKay to share engaging stories and insights on how understanding language patterns can tell you what people are thinking. There are so many golden nuggets to be gleaned from this conversation – from how to ask questions differently to the difference between clarity and certainty, the importance of being curious, and more. He also takes on the notion that you need to "know your why" and shares why he thinks it is total BS.
To state the obvious, 2020 sucked for a lot of businesses. For Kim Bassett, 2020 was a year of trials and tribulations. Before the pandemic, Kim, co-owner of Fontis Nevada, experienced record growth and business profits. After March 2020, they lost 98% of their revenue. Through an arduous process of pivoting and renegotiating with clients, suppliers, and herself, Kim managed to bring the business back to just 25% of what it had been in 2019. Kim captures this inspiring story of rebuilding in her upcoming book, Pivot Point. Listen in with Christine McKay as Kim shares the things she learned along this journey.
In most deals, there are outside influences that impact your negotiations. Sometimes, these have significant sway over your ability to close a deal. In today's episode, Christine McKay interviews Karla Silva, Vice President of Investor Relations for Vivative Ventures, Inc. When she talks to potential investors in Vivative's projects, Karla always has an invisible third-party at the table with her. Who is that? It's the voice of the community in which her project resides. Karla takes us on a tour of the real estate development world and shows us how all the different players come together to deliver large, transformative projects.
Many small and mid-sized businesses get trapped in unfair negotiations, especially in David and Goliath situations, simply because they lack the appropriate skills. If you negotiate with organizations who you think have more power or leverage than you, this episode is a must! Join Christine McKay as she interviews Matthew Marini, President at Agile Resources, an IT staffing and recruiting agency. He has been in this highly competitive industry for nearly 15 years and frequently negotiates with large enterprise companies. Together, Christine and Matthew go over some of the essential skills and principles that every business owner should learn to get their fair share of the mutual win in every negotiation.
Planning is everything in business, but you can't plan for everything. So, we negotiate. Join Christine McKay as she sits down with Founder and President of Cambridge Argillite, LV Randolph, to discuss how to navigate the negotiation table, so you don't flush money down the drain. In today's episode, we talk about critical factors to consider when negotiating with buyers. We cover everything from understanding your business valuation to learning marketplace trends. LV also talks about the importance of knowing when to call in the cavalry and get help with your business so you can move to the next level.
From the publisher's feed
Whether you love negotiating or hate it, improving your negotiation skills will immediately make you much more successful in life and business. Many of us are afraid to ask for what we…
Answer these questions for yourself. Have you ever felt taken advantage of in a negotiation? Have you ever been afraid to ask for what really you want? Have you ever had a business relationship fall apart and see no way of fixing it? Have you ever been lied to in a negotiation? If you are normal, you’ve answered “Yes” to most if not all of these questions.
Welcome to In the Venn Zone, a podcast that shows you how negotiations could unfold and gives you insights into how you can take a different approach to your own negotiations. Join host Christine McKay every week as we explore the various aspects of negotiation. Christine will interview a broad range of people who will share their negotiation experiences, lessons, and provide insights on how to approach your deals more effectively.
Guests will include C-Suite executives, small business owners, and solopreneurs.
A common term among academics who teach negotiation is the zone of possible agreement, which we call the Venn Zone. Essentially the Venn Zone is the intersection of the wants and needs of all involved parties. It’s where we find common ground. In business and in life, having good negotiation skills is critical because it contributes significantly to the success and helps build better relationships.
As a Global Negotiation Strategist and CEO of Venn Negotiation, Christine McKay helps small businesses negotiate even more effectively and profitably. By developing and delivering programs that help business professionals accelerate their negotiation skills. Christine frequently speaks on a broad range of negotiation-related topics and has developed many programs that help her clients negotiate even more effectively. She is also the author of “Why Not Ask? A Conversation about Getting More” and “Sign Here: Negotiation Strategies for the Real World.”
Christine’s work includes negotiating various business-related agreements. She has negotiated for sales, procurement, and mergers, acquisitions, and divestitures. Christine has negotiated with almost half of the Fortune 500 in 53 countries. She also has advised and negotiated on behalf of hundreds of small and mid-size companies. Throughout her decades-long career, Christine has worked in many industries including software, manufacturing, oil and gas, telecommunications, and more.
Born and raised in rural Montana, Christine started her adult life as an unwed mom living out of her 1972 Chrysler Newport. She had three daughters at age 22, was in a horrible marriage, and spent almost 10 years on welfare. Christine wanted a different life. So, she negotiated one. Ultimately, she earned her MBA from Harvard University. Christine became a seasoned negotiator and an international business professional.
Christine is passionate about helping clients find common ground and resolve complex issues. She particularly loves leveling the playing field when clients are negotiating with a counterpart who has more power and leverage.
Feel even more confident when negotiating. Build and maintain even more profitable long-term relationships. Join Christine McKay on In the Venn Zone and learn strategies and tactics for negotiating effectively. Negotiation is nothing more than a conversation about a relationship. Effective negotiations help you build better relationships, deliver quality solutions that satisfy all parties, and prevent future problems and conflicts.
Get ready to successfully level the playing field only here on In the Venn Zone!