Salary Series Part 3: How to negotiate salary raises

Negotiation is not an act of battle; it’s a process of discovery.Chris Voss Key takeaways Early preparation is key to success Document everything Do your research and develop your business case Be collaborative, especially when handling objections Keep a positive attitude, showing commitment to the company Introduction Welcome to the third post in my Salary Series! In my previous post, I wrote about how companies determine employee salaries. In this post, we'll leverage all the knowledge we learnt and my…

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Finite human resources: Effectively managing your time and attention

Anyone who thinks that you can have infinite growth in a finite environment is either a madman or an economist.David Attenborough Key takeaways We only have a limited amount of time and attention Not all activities deliver equal or even valuable impact; where you spend your time and attention matters The most impactful wealth-building activities are Having the right partner Following a plan Mastering your money psychology Growing your primary income Most people, when choosing to engage in financial activities,…

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Reframing trade-offs to achieve a win-win

"You can have everything you want in life. Just not all at the same time."  Brianna wiest Key Takeaways Oftentimes, options for big decisions are difficult due to what appears to be "equally weighted" trade-offs The root cause is often a lack of clarity of values and goals, followed by Reframing the problem creates opportunities for win-win situations (at the expense of a different trade-off) Choosing to play a different metagame enables you to rewrite the terms of engagement Introduction…

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Operating from a position of strength

"Over the long term, the average person who constantly puts themselves in a good position beats the genius who finds themselves in a poor position ... One reason why the best in the world make consistently good decisions is they rarely find themselves forced into a decision by circumstances. They almost always operate from a position of strength"Shane Parrish Have you ever noticed that most successful people seem to always be in the right place at the right time, be…

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