生活企业家精神Blog/金博宝巴布森的企业家

永远不会谈判:2如何在初创公司的生活中谈判

Samuel“Mooly”Dinnar是创业谈判的专家。在他的谈话中,他向我们展示了初创公司几乎不变的谈判机会!

Aside from pitching, one of the most important skills for an entrepreneur to master is negotiation. Entrepreneurs find themselves negotiating across all aspects of their venture, from raising funding to convincing co-founders to join their team. The Blank Center recently had the privilege of welcoming one of the foremost experts in entrepreneurial negotiation,Samuel “Mooly” Dinnar周二,为2的事件。Dinnar是一个指示or with Harvard’s Program on Negotiation, and recently co-authored the book企业家谈判with Lawrence Susskind based on his decades of research and field experience. During How 2 Negotiate in the Life of a Startup, Dinnar shared some of his negotiation advice and answered questions from Babson’s student entrepreneurs. Here are some of our favorite insights from the event!

Recognize your opportunities for negotiation:In the traditional sense, entrepreneurs might only consider themselves negotiating when it comes to creating formal agreements. But as Dinnar explained to us, entrepreneurs are engaging in negotiations nearly all of the time. During interactions with customers, investors, and employees, entrepreneurs encounter unique trade-offs which represent opportunities for negotiation. As he studied the existing entrepreneurship literature about why startups succeed or fail, Dinnar was surprised that such little attention had been given to the importance of negotiation skills. In Dinnar’s experience, entrepreneurs who recognize the opportunities for negotiation and navigate them thoughtfully best position themselves for startup success. Convincing talented entrepreneurs to join your founding team is one of the best examples of a key negotiation; do you understand your prospective co-founder’s motivations and concerns, and what can you offer to encourage them to join you on the founding journey?

Negotiating Your Norms of Negotiation:What are some red flags entrepreneurs should be aware of when negotiating? From Dinnar’s perspective, establishing the norms of negotiation with the other party helps create a groundwork for a relationship built on trust. This means deciding from the get-go how the two parties will communicate as they negotiate, choosing both the medium and frequency of discourse. If the other party deviates from these pre-established norms, entrepreneurs should quickly reach out to re-negotiate or consider ending the relationship. Without these norms of negotiation, entrepreneurs might not know what to reasonably expect from the other party, or how they should be approaching the other party with their questions and updates.

It’s Global Entrepreneurship Week at Babson! To learn more about the special entrepreneurial programs available to the Babson community this week, visitthis link!

Viewing Negotiations from All Perspectives:During our How 2 Tuesdays this semester, we’ve heard time and time again from experts that most entrepreneurs trying to raise capital fail because they don’t take a step back and look at things from their potential investors’ perspectives. Dinnar is a proponent of viewing your entrepreneurial negotiations from three different perspectives: yours, the other party’s, and an outside observer. In particular, he recommends this skill for founders who find themselves struggling in their negotiations with venture capital partners. As entrepreneurs negotiate across cultures, Dinnar also suggests entrepreneurs become attuned to cultural norms influencing the negotiation. Ultimately, Dinnar sees improving awareness of your own ego and emotions, and focusing on connection and humility as the key precursors for founders’ success in these negotiations.

我们希望您从Dinnar的谈话中享受这些谈判洞察力,并且您可以查看空白中心的其余部分,这一学期的星期二活动是如何!11月19日星期二下午5点,我们将会受到欢迎Jamie Steenbakkers ’18,联合创始人和合作Busy BeautyBabson Global Entrepreneur in Residence, forHow to Make a Product.注册活动https://h2product.eventbrite.com.