A compass is an instrument for finding direction. One of the most powerful assets in our lives is that only you can be you. Your core challenge in life is to find your true north – your authentic self – using that magnet within you that is called your soul. And, upon such discovery, to focus your being toward advancing the human condition.
In the deal world, your compass should be filled out as follows:
North = Knowing what you want (the essence – it's more than time and money)
East = Knowing who you know that can help you with this particular deal
West= Knowing what resources you have to work with
South = Knowing who or how you can fairly share the risk
Have you ever used a deal compass like this? Has it proved helpful?
[Photo Credit: http://www.nateriggs.com/]
Finding Your True North
Labels: Compass, Dealmaking, Direction, Negotiation 0 comments
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