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Which number will you bet on?
In our childhood, most of us have played and enjoyed the board games. We also learnt that if we throw a single dice then the chance of getting any number is one out of six.
Let us now visit a game show being hosted by one of our friend. The host invites you to play three dice game.
In this game, three dices are rolled and the sum of all the numbers on each dice is the winning number. You can not refuse to play the game.
You need to choose either to bet on ten or nine. If you get the winning number you win, else you loose. Which number will you choose to bet on?
Photo Adaptation/Flickr/flippoker/
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Negotiation is an important life skill
We negotiate most of our waking hours. We negotiate with our team members, colleagues, bosses and vendors at work, with our kids, spouse and parents at home. We negotiate during buying or selling of an asset e.g. house, car and also conflict resolution and during salary negotiations. Negotiation is an important life skill and it contributes to our success.
If we do not negotiate well or don’t negotiate at all then there is a big chance that we are going to leave money on the table, which could have been ours. We often don’t negotiate because we feel it is inappropriate or feel uncomfortable and fear it.
“You don't get what you deserve. You get what you negotiate.” Chester Karrass
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