Free will screw you every time. Getting a really great deal on something creates a completely different mindset than expecting to get it for nothing.
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Annie Dillard has said that day by day you have to give the work before you all the best stuff you have, not saving up for later projects. If you give freely, there will always be more.
The key is persistence and being helpful. Not just asking for something, but offering something. You always have something to offer if youâre curious and engaged. You can always trade and barter good ideas; you can always be kind and find a way to help.
Throwing darts at a wall is not how you pick a great idea. Anything worth doing takes time. Time to understand. Time to prepare. Time to get it right. You can fast-track a lot of things and skimp on others, but you cannot cheat time.
I was also told that a brand-new CEO shouldnât be trying to make huge acquisitions. I was âcrazy,â as one of our investment bankers put it, because the numbers would never work out and this was an impossible âsaleâ to the street.
The banker had a point. Itâs true that on paper the deal didnât make obvious sense. But I felt certain that this level of ingenuity was worth more than any of us understood or could calculate at the time. Itâs perhaps not the most responsible advice in a book like this to say that leaders should just go out there and trust their gut, because it might be interpreted as endorsing impulsivity over thoughtfulness, gambling rather than careful study. As with everything, the key is awareness, taking it all in and weighing every factorâyour own motivations, what the people you trust are saying, what careful study and analysis tell you, and then what analysis canât tell you. You carefully consider all of these factors, understanding that no two circumstances are alike, and then, if youâre in charge, it still ultimately comes down to instinct. Is this right or isnât it? Nothing is a sure thing, but you need at the very least to be willing to take big risks. You canât have big wins without them.
With No Deal as an option, you can honestly say, âI only want to go for Win/Win. I want to win, and I want you to win. I wouldnât want to get my way and have you not feel good about it, because downstream it would eventually surface and create a withdrawal. On the other hand, I donât think you would feel good if you got your way and I gave in. So letâs work for a Win/Win. Letâs really hammer it out. And if we canât find it, then letâs agree that we wonât make a deal at all. It would be better not to deal than to live with a decision that wasnât right for us both. Then maybe another time we might be able to get together.