10 Books on Persuasion and Negotiation

We have established that closing sales and winning deals are necessary for business. That’s the art of negotiation. It takes a lot of savvy, skills, training, exposure and insights to hone your competence on persuasion and end with success on your pitches.

To arm you with more learnings and additional knowledge for your negotiation acumen, we listed down ten books on persuasion. You can apply a thing or two (surely, more) from these materials to your sales transactions or other forms of business bargaining. You can even translate them to the day-to-day activities in your personal life.

The Art of Closing Any Deal: How to Be a Master Closer in Everything You Do

by James W. Pickens

Author James W. Pickens, a sales guru, covers in this book concepts like customer attitude, customer objections, closing techniques and closer pressure, among other things. Identifying blocks and obstacles along the way enables you to find means to get around them, break them or turn them to your advantage so that you can achieve your final close.

Crucial Conversations: Tools for Talking When Stakes Are High

by Kerry Patterson, Joseph Grenny, Ron McMillan, and Al Switzler

When you are stuck in crucial situations where an important matter, such as a relationship is at stake, you have to find a way to establish a dialogue with people concerned. It may be a tough hole to escape, but the book will provide you with tools on how to approach such circumstances and achieve appropriate results.

How to Win Friends & Influence People

by Dale Carnegie

Dale Carnegie’s self-help book was first published in 1936 and has become a source of inspiration and advice to readers who want to learn how to win people. It contains topics on how to handle different kinds of people, gain people to subscribe to your way of thinking, become a leader, and make your personal life happier than ever.

Bargaining for Advantage: Negotiation Strategies for Reasonable People

by G. Richard Shell

Professor G. Richard Shell is the director of the world-renowned Wharton Executive Negotiation Workshop, and he shares with professionals his systematic approach to effective negotiation and bargaining. His book enables readers to know their Negotiation I.Q. and learn how cultural disparities and gender can be factors to consider when you enter into a transaction.

Pitch Anything: An Innovative Method for Presenting, Persuading, and Winning the Deal

by Oren Klaff

The book discusses Oren’s method, summarised by the acronym STRONG: Setting the Frame; Telling the Story; Revealing the Intrigue; Offering the Prize; Nailing the Hookpoint; Getting a Decision. He incorporates research results from neuroeconomics, which give us an idea of how the brain functions when making a decision and reacting to a pitch. Such information provides readers with insights on how to approach people and situations effectively that can make you win deals.

Getting More: How You Can Negotiate to Succeed in Work and Life

by Stuart Diamond

A New York Times Bestseller, USA Today Business Bestseller and #1 Wall Street Journal, Getting More touches on a new method of interaction that was a result of several years of research in various countries. It encompasses a more realistic approach to human psychology, which involves understanding cultural diversity, emotional intelligence and the perceptions of other people.

Getting Ready to Negotiate: The Getting to Yes Workbook

by Roger Fisher and Danny Ertel

Readers will find informative presentations in this workbook, such as charts, forms, worksheets and case studies where one can personalise and outline his strategies for negotiations. It features seven elements of negotiation, which includes identifying interests of other people and finding alternatives when other parties do not agree during negotiation.

Negotiation Genius: How to Overcome Obstacles and Achieve Brilliant Results at the Bargaining Table and Beyond

by Deepak Malhotra and Max H. Bazerman

A negotiation genius can turn a hopeless situation around and get out of it with success. Through this book, the authors uncover the strategies that geniuses employ during the process of negotiation. It contained stories and scenarios that present how negotiation geniuses approach difficult situations and produce positive results.

Getting Past No: Negotiating in Difficult Situations

by William Ury

For some, getting no for an answer means the end of the road. But not for William Ury. His book identifies barriers to cooperation and how to break them, describes ways of preparing for a negotiation, and illustrates various breakthrough strategies. For him, achieving mutual satisfaction is better than a one-sided victory.

Pre-Suasion: A Revolutionary Way to Influence and Persuade

by Robert B. Cialdini

Robert Cialdini expounds through his book about successful persuasion where influencing minds involve changing the state of mind of other parties. The book reveals new strategies, ideas and research insights in influencing and persuading people.

So, if you need someone to give you a “yes”, get some tips from any of these books on how you can create a win-win solution at the negotiation table. You’ll never know how they can help you turn things around and pave innovations to your business.

The art of negotiation in the entrepreneurial world

Running a business entails interaction and engagement with different people and various players in the industry. One major component in the entrepreneurial journey is negotiating for your business. You do it when hiring or retaining a staff member, purchasing materials, contracting suppliers, getting into a partnership or marketing and selling your product or services.

As the business owner, you have a major role in representing your venture as its voice and face when you negotiate with another party. The outcome lies heavily on your shoulders, particularly in the early stages when you are still doing things by yourself or leading a very small team.

Negotiation is key to the success of your business. You want the best interest for your venture to move forward, but you also prefer things to be done in a just and fair manner. The sad truth is that not everyone may look after your interest, so you have to approach things cautiously and meticulously. That is why it is important to note a few pertinent things when you are entering into a transaction.

Scan the landscape

Before you go into a negotiation, you have to scan your landscape and evaluate your internal and external environment. Do a SWOT (strength, weakness, opportunity, threat) analysis so that you have an idea of what you can bring to the discussion and what you need to get out of it. Know your worth and be mindful of it throughout the various stages of negotiation.

It is to your advantage to know the background of the other players in the deal. Research about them and see the potential for success for all parties. Preparation is vital before you even begin transacting with others.

Identify your objectives

Focus on the result you want to achieve out of the transaction. Negotiating is a process, and you might get side-tracked along the way. When you have your eyes on your goal, you become more conscious of the type of deal you get into and more discerning of the decisions you have to make.

Build positive relationships

Deals may sound cold and devoid of emotions. Although you should keep your emotions and ego in check while transacting with others, don’t forget to forge relations with the people involved in the negotiations. Create a friendly atmosphere without overdoing it. Take verbal and non-verbal hints while engaging with the other party. Listen intently to what they want to convey and clearly express your stand in the offers.

Plot your strategy and methods

If you already have identified your goals, looked into the big picture and the details, and prepared for the transaction to take place, you can define your strategy and methods. Know your limits and up to which point you can compromise and make concessions. Review possible scenarios and draw alternative plans for each.

Go for a win-win solution

While you are putting your venture’s position first in this deal, also look at things from the perspective of the other party. Have a fair agreement and always aim for a win-win solution. Look at options that are for the good of all those involved, if possible.

Finish the transaction harmoniously

Complete the negotiation by closing the transaction, whether it’s signing a contract or making a sale. Some negotiations may not end up with all parties in accord with the offer. You may arrive at a consensus or not, but maintain a polite disposition at most times. If you cannot reach an agreement, walk away from the negotiation table and settle things amicably.

If you are new to the art of negotiation, do not hesitate to ask entrepreneurs who have been on the journey ahead of you. Being part of a group like EO Melbourne allows you to hear their stories and bring their lessons with you for your personal development and business growth.