#369: The Best Way to Negotiate Fear with Chris Voss
Apr 6, 2020
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Former FBI negotiator Chris Voss teaches the business world how to negotiate fear. He discusses the importance of internal composure, the power of labeling negative emotions, addressing suicidal intentions, and the benefits of emotional intelligence. He also explores overcoming challenges during the pandemic and expresses gratitude to Chris Voss for his insights.
Leaders should cultivate composure and curiosity to navigate high-stakes situations effectively.
In negotiation and business, it is important to prioritize engaging with customers who recognize the value and are willing to pay for it.
Deep dives
The Importance of Rationality in High-Stakes Situations
In high-stakes situations, it is crucial to remain rational and level-headed. However, leaders often find themselves acting on emotions such as fear, anger, and anxiety, compromising their decision-making. In order to navigate these situations effectively, it is essential to cultivate composure and curiosity. By maintaining a curious mindset, one can avoid negative emotions that cloud judgment and limit the ability to gather information. Emphasizing the importance of emotional intelligence, leaders should strive to be positively optimistic and lead their teams with calm confidence.
Separating Genuine Opportunities from Fakes
In negotiation and business, it is important to discern real opportunities from fake ones, especially during challenging times. A common challenge for business owners is not wasting time with unproductive interactions. By understanding the dynamics of negotiation, one can identify the 'fool' in the game and focus on genuine customers who recognize the value and are willing to pay for it. Amid tough economic conditions, the key is to separate the wheat from the chaff and prioritize engaging with customers who will bring tangible benefits.
Deactivating Negative Emotions to Enhance Performance
Negative emotions, such as fear and anger, hinder cognitive abilities and decision-making. By recognizing and labeling these negative emotions, individuals can deactivate their impact and regain control over their thoughts and actions. Furthermore, studies in neuroscience demonstrate that a positive frame of mind boosts performance, improving pattern recognition, and information absorption. Leaders can cultivate composure and positivity by developing morning rituals and creating a supportive team environment focused on effective communication and next steps.
Leading Through Fear and Uncertainty
During times of fear and uncertainty, leaders play a crucial role in providing stability and confidence to their teams. Effective leaders acknowledge and address their own fears and those of their teams. By calling out the negative emotions and discussing them openly, leaders can deactivate fear and create a foundation for trust and problem-solving. It is important to emphasize teamwork, establish structured communication, and set tangible next steps to provide a sense of direction and purpose. Leaders should maintain a positive and optimistic outlook to inspire their teams and navigate challenges with confidence.
After 24 years in the FBI negotiating life-and-death situations like international kidnappings and hostage crises, Chris Voss has stared fear in the face too many times to count. Now, as the CEO and founder of the Black Swan Group, Chris is teaching the business world how to do it too. Although the stakes are much different, the emotions are the same—and fear, in particular, can be downright paralyzing. Tune in as Chris explains why fear is so dangerous and shares the fastest, most effective way to lead your team through it.
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