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Hot Seat

322 pages, 2015

Takeaways
Description
What mistake do young startups make more often than any other? Why is it unwise to seek out investors? When should you present yourself as the CEO? Should your company be sold or remain independent? This insightful title provides guidance on these and other issues. It covers the five major phases of a startup CEO's career: founding, providing, selling, marketing, and quitting.
Negotiation is a Skill

In Hot Seat, Dan Shapiro emphasizes that negotiation is a skill that can be learned and improved. He provides practical tips and strategies to help you become a better negotiator. So, if you've ever felt stuck in a negotiation, this book might be just what you need.

Emotions Matter

Shapiro makes it clear that emotions play a crucial role in negotiations. He suggests that understanding and managing your emotions, as well as those of the other party, can lead to more successful outcomes. It's not just about what you say, but how you say it.

The Power of Preparation

Hot Seat teaches us that preparation is key in any negotiation. Shapiro encourages readers to research and understand the other party's needs, interests, and constraints before entering a negotiation. This way, you can anticipate their moves and be ready with your responses.

The Importance of Relationships

In his book, Shapiro highlights the importance of building and maintaining relationships in negotiations. He argues that a good relationship can make the negotiation process smoother and more productive. So, don't just focus on the deal, but also on the people involved.

The Role of Ethics

Shapiro also explores the role of ethics in negotiations. He believes that being honest and fair can help you build trust and credibility, which can lead to better negotiation outcomes. So, don't be afraid to do the right thing, even if it seems difficult.

Recommendations

1
authorBrad Feld, entrepreneur and technology and venture capitalist and author, Recommending BestBooks

Brad Feld

entrepreneurtechnologyventure capitalistauthor

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