Something You Should Know

Scams You Might Easily Fall For & Mastering The Art of Deal-Making

15 snips
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.
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ADVICE

Building Rapport Through Favors

  • Ask people for favors to build stronger connections.
  • This makes them feel good and creates opportunities for reciprocation and bonding.
INSIGHT

Vulnerability to Scams

  • Scams target everyone, regardless of intelligence.
  • Even sophisticated individuals can fall victim, as seen with Bernie Madoff's scheme.
ADVICE

Securing Smart Devices

  • Secure internet-connected devices by changing default passwords.
  • Hackers target vulnerabilities in smart TVs, routers, and other devices to access personal information.
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