Women entrepreneurs often feel shy or intimidated about the idea of negotiating terms and conditions when working on a new project or with a new client. We want to be nice or not cause a conflict. For any woman starting a business or simply wanting to get ahead, you must include a few things.
Jen shares her experience of negotiating in business and shares her tips on a successful negotiation:Understand the true value that you are bringing to the other party and be realistic about that value. Nobody is interested in overpaying for something, so you will have to deal with that friction if you price yourself too high.
While not always feasible, it’s helpful to set your parameters prior to negotiations. For example, what is your walk-away point, where are you willing to bend or meet in the middle? If you are prepared and know the value, you should be able to establish these parameters.Trust the process. When deals go south or something isn't quite right, trust your gut and know when to walk away. Not everything is meant to be, and trust the next one will work out better.
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