
Something You Should Know
Scams You Might Easily Fall For & Mastering The Art of Deal-Making
Dec 26, 2024
Steve Weisman, an attorney specializing in scams and identity theft, shares crucial insights on the ever-evolving world of scams, highlighting the need for vigilance in an age where cyber threats are rampant. He warns of common scams like Jamaican lottery fraud and the dangers of medical identity theft. Barry Nalebuff, a Yale professor and entrepreneur, offers innovative negotiation strategies that prioritize fairness and collaboration, reshaping the conventional approach to deal-making. Together, they arm listeners with practical advice for protecting themselves and enhancing their negotiation skills.
52:52
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Quick takeaways
- Requesting favors from others can foster deeper relationships more effectively than performing favors for them.
- Ineffective negotiation tactics can undermine trust, highlighting the importance of reasonable starting points and emotional composure in discussions.
Deep dives
Building Stronger Connections
Asking someone to do a favor for you can create a more significant connection than performing a favor for them. Research shows that when someone invests their time or effort in helping you, it fosters a sense of closeness and personal connection. This connection often leads to reciprocation, creating opportunities for further interaction, such as sharing a meal or a coffee. By allowing others to contribute to your life, you enhance relationships and deepen bonds organically.
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