14 Common Negotiation Mistakes

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  • čas přidán 19. 06. 2024
  • First 100 people to use the code PATBET will get 20% off Fiverr services. Click here: bit.ly/2rs4npN
    In this episode of Valuetainment, Patrick dives into 14 Common Negotiation Mistakes that most entrepreneurs, CEO's and business owners make. Subscribe to Valuetainment: bit.ly/2aPEwD4
    Visit the official Valuetainment Store for gear: www.valuetainmentstore.com/
    Valuetainment Posting Schedule:
    Monday- Motivation for Entrepreneurs
    Tuesday- How to Video with Patrick Bet-David
    Wednesday- Life of an entrepreneur vlog
    Thursday- How to Video with Patrick Bet-David
    Friday- Case Studies with Biz Doc Tom Ellsworth
    Saturday- Guest Contributor
    About Valuetainment: This channel is about providing a hybrid of information and education for entrepreneurs. Every video is created with a purpose of providing value and entertainment, hence Valuetainment.
    Patrick Bet-David, the creator of this channel has decades of experience, unique perspectives and experience that he wants to give back to the world of entrepreneurs. Why? Patrick Believes that 100 percent of the worlds problems can be solved by entrepreneurs. He is also an active CEO and leads a financial services sales force of over 3,000 agents across the U.S.
    To reach the Valuetainment team you can email: marketing@patrickbetdavid.com
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Komentáře • 294

  • @VALUETAINMENT
    @VALUETAINMENT  Před 4 lety +13

    Share your thoughts with Patrick Bet-David by texting 310.340.1132 or click here my.community.com/patrickbetdavid

    • @theunvoicedvoice
      @theunvoicedvoice Před 3 lety

      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.

  • @dahabka5900
    @dahabka5900 Před 6 lety +10

    I learn English by listening to you brother everyday. At lest I watch 5 video every. Big respect my brother.
    God bless you

  • @shaunonsite
    @shaunonsite Před 6 lety +7

    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!

  • @Morphick
    @Morphick Před 7 lety +73

    Best entrepreneur channel on YT 👌

  • @johnnydaytrader1942
    @johnnydaytrader1942 Před 7 lety +8

    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.

  • @joelow63
    @joelow63 Před 7 lety +82

    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

    • @ahmedkhayr8927
      @ahmedkhayr8927 Před 6 lety +1

      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.

    • @samsonsson328
      @samsonsson328 Před 6 lety

      Ahmed khayr this comment is a year old...

    • @56585656587
      @56585656587 Před 5 lety +3

      You just saved me 12:54 of my life. Thank you.

  • @Dim4ik2012
    @Dim4ik2012 Před 4 lety +2

    Pat, I am so happy to found this channel. Your hard work inspiring me a lot

  • @quarantinelife.
    @quarantinelife. Před 6 lety +21

    Your channel is so much value. I'm learning everyday.

  • @sitifaizah9908
    @sitifaizah9908 Před 3 lety +67

    I like him, he doesn't have to swear and using the "F" word to teach.

    • @SWISSMUSICFC
      @SWISSMUSICFC Před 2 lety +6

      Well that's happens when you stop listening to douchebags like Gary v! Control of vocabulary is a sign of intelligence!

    • @testicularhypertrophy
      @testicularhypertrophy Před 2 lety +4

      It is just words lol

    • @malibudolphin3109
      @malibudolphin3109 Před rokem

      @@testicularhypertrophy no its a filler word of a dumbass who tries to sound tougher than the yellow belly is

    • @karabomothupi9759
      @karabomothupi9759 Před rokem +2

      Like Gary Vee?

    • @TooLiveHam
      @TooLiveHam Před rokem +2

      It's pretty fuckin necessary

  • @sanchy1826
    @sanchy1826 Před 7 lety

    You are awesome Pat, thanks for the amazing value you put out. Keep it up

  • @harshkabra7645
    @harshkabra7645 Před 7 lety +2

    I was just finishing this book called GAIN THE EDGE! By Martin E Latz.
    And this video popped up.
    Helped a lot, THANKS

  • @derekvillarreal5207
    @derekvillarreal5207 Před rokem +4

    He has improved so much with his communication. Even though 5 yrs ago he was a top notch communicator

  • @Faisalkhan-hy8fu
    @Faisalkhan-hy8fu Před 7 lety

    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..

  • @davistado7268
    @davistado7268 Před 6 lety +3

    this guy videos carries with em great value for business people, good work!

  • @CuteBamboo2012
    @CuteBamboo2012 Před 6 lety

    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!

  • @stefanpr4
    @stefanpr4 Před 4 lety

    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!

  • @Jojo-hr7il
    @Jojo-hr7il Před 7 lety +2

    one more great content, thank you, pat.

  • @paramvala
    @paramvala Před 7 lety +3

    Hello Patrick, fascinating content really helped me learn.
    Thank you for your effort

  • @jimsystem
    @jimsystem Před 4 lety

    Pat that was a fantastic video, thanks so much for all your good stuff that you share with us

  • @octavianpiano694
    @octavianpiano694 Před 6 lety

    This is by far the best video about marketing i;ve seen in my entire life.

  • @RCh.1
    @RCh.1 Před 4 lety

    All in good time, Pat! Thanks for your excellent effort 🙏🏻

  • @kaysong4015
    @kaysong4015 Před 6 lety +7

    Great tactics! Thank you. Getting back in the ring with my kid with these negotiating skills now. ;) Greetings from Germany!

  • @ahmedkhayr8927
    @ahmedkhayr8927 Před 6 lety +1

    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.

  • @NestorMaravi
    @NestorMaravi Před 2 lety

    I have pretty much made all of these mistakeS. Thank you for sharing. Valuable information!

  • @rafiqlnk
    @rafiqlnk Před 6 lety

    This is easily the most valuable channel in CZcams when it comes to bussiness

  • @VaqueroSolar
    @VaqueroSolar Před 7 lety

    Pat- you're a genius man. Your changing lives sir. Thank you.

  • @avellinemochoge5561
    @avellinemochoge5561 Před 7 lety

    good every day energizer. good message to keep entrepreneurs going.

  • @cobblestonenegotiations6872

    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.

  • @mgtow3005
    @mgtow3005 Před 4 lety

    Well done man, thanks for your efforts, you are a solid role model. Good man.

  • @RonHarveySC
    @RonHarveySC Před 7 lety +6

    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.

  • @jikandlela181
    @jikandlela181 Před 7 lety

    thank u Pat, this is best information for a budding entrepreneurs and companies
    one love from Zimbabwe, Africa

  • @isaacfischer1247
    @isaacfischer1247 Před 5 lety

    Thank you. I have now a business interview. It's very helpful 👌

  • @Izzysai
    @Izzysai Před 7 lety

    This is solid information. Thank you for sharing your knowledge and wisdom.

  • @vinaoperarealestate-harryt8498

    thank you David

  • @mountaincenang6537
    @mountaincenang6537 Před 5 lety

    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!

  • @syednadeemmuhammed5675

    I love the valuable advice you have given in this video. Thanks.

  • @olgalevchenko3023
    @olgalevchenko3023 Před 5 lety +3

    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!

  • @Seth-xi7ox
    @Seth-xi7ox Před 7 lety

    Knowing your BATNA is priceless. Thank you so much for the info!!

  • @kazz9972
    @kazz9972 Před 5 lety

    Man I love this guy❤️❤️🙌🏽

  • @RajBeats
    @RajBeats Před 4 lety +14

    This is another fantastic (and easily digestible) video. I'm getting tremendous value from you Pat. Thanks so much!!

  • @ohhRobs
    @ohhRobs Před 7 lety

    Gonna use these tactics for cold calling thanks Pat!

  • @kennethroark917
    @kennethroark917 Před 6 lety

    This is just gold..

  • @slowmocitizen1939
    @slowmocitizen1939 Před 7 lety

    Hey Pat can you make a video about planning with cardboard for example and how to handle micromanagement properly.
    Thank you for the quality content as always :D

  • @varuntilwani6163
    @varuntilwani6163 Před 7 lety

    and I'm glad tht people like you are existing in this world

  • @hezo4534
    @hezo4534 Před 4 lety

    Thank you. Patrick.

  • @lastcall9998
    @lastcall9998 Před 5 lety

    Mate, I loved this video, very good insight and lessons. Cheers.

  • @gu17aman
    @gu17aman Před 8 měsíci

    After watching this video. I know what mistakes I have made in my previous deals. Well explained. Thanks

  • @mikeashchian6836
    @mikeashchian6836 Před 4 lety

    Learning something every day on your channel. Thanks!

  • @manuelbonillas7476
    @manuelbonillas7476 Před 7 lety

    Thanks from Sonora, Mexico! Really good info

  • @PGA911
    @PGA911 Před 6 lety

    Amazingly smooth plug!

  • @CabdiraxmanQoys
    @CabdiraxmanQoys Před 7 lety

    thanks I liked the family examples you talked about

  • @princeedwardmukukuwanda6295

    Thank you man, we learned a lot from you

  • @EstudioLatinoMX
    @EstudioLatinoMX Před 7 lety +1

    I have a special notebook named valuetainment. I take notes from these videos. This is a great classroom. And Patt is a great teacher.

    • @joshmiller4152
      @joshmiller4152 Před 2 lety

      Very smart. Good luck in your business endeavors. You will do well.

  • @alexmotors8289
    @alexmotors8289 Před 5 lety

    Awesome video!!!!! Always learning something new!!!! Thank you..

  • @Ayushkumar-cv3er
    @Ayushkumar-cv3er Před 7 lety +1

    this video will really help me in my rookie career

  • @NestorMaravi
    @NestorMaravi Před 2 lety

    Thank you for Sharing. Emotional intelligence is so important!

  • @alejandrohpcb
    @alejandrohpcb Před 2 lety

    great video. I also recommend 'Never Split the Difference'. best negotiation book Ive read, and implemented

  • @kachaso
    @kachaso Před 4 lety

    Always a great video with Pat

  • @akshay6361
    @akshay6361 Před 5 lety

    Your content is so to the point. And your context is impressive. Idn why there are so less views.

  • @patrickp8446
    @patrickp8446 Před 6 lety

    #9 on personalities was great, I like the candidness of interrupting the interrupter.

  • @ahmednihad6143
    @ahmednihad6143 Před 5 lety

    Hi, I have a quick question. What's the best books you've read or been recommended for negotiations that has helped. Thanks

  • @Illumibuddy
    @Illumibuddy Před 4 lety

    Great advice thank you!!

  • @mustafadayan2049
    @mustafadayan2049 Před 7 lety

    Pat - Always great videos!

  • @sentasenta8
    @sentasenta8 Před 6 měsíci

    Thankyou Pat!

  • @shivamandani5287
    @shivamandani5287 Před 6 lety

    Thankyou for this video.

  • @jakeford1560
    @jakeford1560 Před 7 lety

    -Awesome man, keep it up! 👍

  • @ei8htbernal
    @ei8htbernal Před 6 lety

    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!

  • @brandonseenath2088
    @brandonseenath2088 Před 5 lety

    I love your videos. They are so helpful

  • @Williamggs
    @Williamggs Před 7 lety

    Great video pat, thank you

  • @timvakulich2223
    @timvakulich2223 Před 7 lety +1

    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

  • @viratchhikara992
    @viratchhikara992 Před 7 lety +50

    Pat, what stocks do you own?
    Can we see some stock market related videos in the near future?

    • @viratchhikara992
      @viratchhikara992 Před 7 lety +9

      joscmc No thanks. I am only interested in stocks.

    • @Adam-td7xy
      @Adam-td7xy Před 7 lety

      i dont think you understand cryptocurrencies. They go up and down like stocks. You REALLY should at least learn about them

    • @lassi3401
      @lassi3401 Před 7 lety +2

      Virat Chhikara Never take stock tips from ANYONE else!

    • @whatevergoesforme5129
      @whatevergoesforme5129 Před 5 lety +1

      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.

    • @mulutlewatmulut718
      @mulutlewatmulut718 Před 5 lety

      @@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

  • @georgefruean8276
    @georgefruean8276 Před 3 lety

    Thanks Pat. Really helped uso

  • @dkrejorgonzal4805
    @dkrejorgonzal4805 Před 7 lety

    Best source in youtube!!

  • @benzikmultimedia4673
    @benzikmultimedia4673 Před 7 lety

    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

  • @AnthonyMartinez-hs6rv
    @AnthonyMartinez-hs6rv Před 7 lety

    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 CZcams 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?

  • @romariorofina7659
    @romariorofina7659 Před 7 lety

    growing! the channel is growing!

  • @mohammedhashim7668
    @mohammedhashim7668 Před 6 lety

    Pure gold

  • @itsdevgarg
    @itsdevgarg Před 2 lety

    Thank you so much for this.

  • @Devrhoid
    @Devrhoid Před 7 lety

    Patrick, you truly have the best videos for Entrepreneur How To on the Internet. Keep up the great work. I think I'm going to create a playlist and call it the VALUETAINMENT MBA. #devrhoid

  • @RinoGroenenberg
    @RinoGroenenberg Před 5 lety +4

    please make a video about NDA's (non disclosure agreements)... Thanks!

  • @jasonbean7296
    @jasonbean7296 Před 7 lety

    great tips, thanks.

  • @madanmohan4817
    @madanmohan4817 Před 7 lety

    Great video. Thank you

  • @anthonywandowicz8084
    @anthonywandowicz8084 Před 6 lety

    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.

  • @springfieldselected
    @springfieldselected Před 3 lety

    #1 is so important and overlooked

  • @user-ml2bz7ke7e
    @user-ml2bz7ke7e Před 6 lety

    fabulous...thank you

  • @hotchills9925
    @hotchills9925 Před rokem

    2022 here we are....found this information so helpful.

  • @praveenModlier
    @praveenModlier Před 4 lety

    Good compilation.. Useful tips.

  • @GMRTranscriptionServicesInc

    Experience chisels down and refines your negotiation skills. This is my key takeaway from this great video of yours, Pat. :)

  • @gautami6322
    @gautami6322 Před 2 lety

    Thank you!!!

  • @gila7058
    @gila7058 Před 7 lety

    Still the best best advice to get

  • @licenseformoney3761
    @licenseformoney3761 Před 7 lety

    Patrick, any advice on running multiple businesses at the same time? Cheers, Nik.

  • @POWORDISC
    @POWORDISC Před 7 lety

    Thank you. I love negotiation :)

  • @MetalMan6772
    @MetalMan6772 Před 6 lety

    dude this video is f*****g GOLD I SWEAR

  • @justmeandmy
    @justmeandmy Před 9 měsíci

    Dude I miss these kinds of videos. They had a sort of simplicity, charm, and good deep lessons

  • @TheNiss
    @TheNiss Před 7 lety

    This i really usefull, thanks for another amazing video about doing business. next challenge for me: gathering the courrege to be an entrepreneur :/

  • @thirdworldfilmaking8334
    @thirdworldfilmaking8334 Před 7 lety +2

    Your videos Pat are very useful not only on business but it is applicable also on daily life of a person. Cheers Man!!!

  • @tusharmehta9753
    @tusharmehta9753 Před 6 lety

    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 :-)

  • @Ferelmakina
    @Ferelmakina Před 7 lety

    Interesting, a little improvised and a little infomercial (fiverr) but good overall. Thank you pat

  • @victorytrader
    @victorytrader Před 7 lety

    Great vid this morning! No pillow?!

  • @Camcentral4532
    @Camcentral4532 Před 3 měsíci

    Thanks.